Raffles Infrastructure Holdings (SGX:LUY) Other Current Assets: S$0.35 Mil (As of Jun. 2023)

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SGX:LUY Raffles Infrastructure Holdings Ltd SGX:LUY
4 GF Score
Price S$0.04
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What is Raffles Infrastructure Holdings Other Current Assets?

Raffles Infrastructure Holdings SGX:LUY 4 Other Current Assets is S$0.35 Mil as of Jun. 2023. GuruFocus rates SGX:LUY with a GF Score™ of 4/100.

Raffles Infrastructure Holdings's other current assets for the quarter that ended in Jun. 2023 was S$0.35 Mil.

Raffles Infrastructure Holdings's quarterly other current assets declined from Dec. 2022 (S$0.80 Mil) to Mar. 2023 (S$0.39 Mil) and declined from Mar. 2023 (S$0.39 Mil) to Jun. 2023 (S$0.35Mil).

Raffles Infrastructure Holdings's annual other current assets increased from Jun. 2020 (S$0.09 Mil) to Jun. 2021 (S$0.17 Mil) increased from Jun. 2021 (S$0.17 Mil) to Jun. 2022 (S$0.21 Mil).


Raffles Infrastructure Holdings Other Current Assets Related Terms


Raffles Infrastructure Holdings Other Current Assets Historical Data

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The historical data trend for Raffles Infrastructure Holdings's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Raffles Infrastructure Holdings Other Current Assets Chart

Raffles Infrastructure Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.05 0.09 0.17 0.21

Raffles Infrastructure Holdings Quarterly Data
Jun18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.74 0.80 0.39 0.35
SGX:LUY
4GF Score
Raffles Infrastructure Holdings Ltd SGX:LUY
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Raffles Infrastructure Holdings Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of S$0.35 Mil mean?
Raffles Infrastructure Holdings (SGX:LUY) has a Other Current Assets of S$0.35 Mil as of Jun. 2023. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Raffles Infrastructure Holdings.
Is Raffles Infrastructure Holdings' Other Current Assets too high?
Raffles Infrastructure Holdings' current Other Current Assets is S$0.35 Mil. Overall, Raffles Infrastructure Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Raffles Infrastructure Holdings' Other Current Assets compare to competitors?
Raffles Infrastructure Holdings' Other Current Assets of S$0.35 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Construction company?
A good Other Current Assets depends on the Construction industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Raffles Infrastructure Holdings. Raffles Infrastructure Holdings's current Other Current Assets is S$0.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raffles Infrastructure Holdings stock overvalued right now?
Raffles Infrastructure Holdings (SGX:LUY) has a current Other Current Assets of S$0.35 Mil. The current Other Current Assets is S$0.35 Mil. Raffles Infrastructure Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Raffles Infrastructure Holdings (SGX:LUY), the current Other Current Assets is S$0.35 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Raffles Infrastructure Holdings Business Description

Address Xingwen County, Yibin, Sichuan, CHN
Raffles Infrastructure Holdings Ltd is an investment holding company. The company's operating segment includes Infrastructure Business and Digital Infrastructure Business. It generates maximum revenue from the Infrastructure Business segment. Geographically, it derives a majority of revenue from China.
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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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