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Evolve Transition Infrastructure LP's other current assets for the quarter that ended in Sep. 2023 was $1.73 Mil.
Evolve Transition Infrastructure LP's quarterly other current assets increased from Mar. 2023 ($1.73 Mil) to Jun. 2023 ($1.99 Mil) but then declined from Jun. 2023 ($1.99 Mil) to Sep. 2023 ($1.73Mil).
Evolve Transition Infrastructure LP's annual other current assets declined from Dec. 2020 ($2.01 Mil) to Dec. 2021 ($1.29 Mil) increased from Dec. 2021 ($1.29 Mil) to Dec. 2022 ($1.49 Mil).
The historical data trend for Evolve Transition Infrastructure LP'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.
Evolve Transition Infrastructure LP Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 3.98 | 1.42 | 2.01 | 1.29 | 1.49 |
Evolve Transition Infrastructure LP Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Other Current Assets | Get a 7-Day Free Trial | 1.76 | 1.49 | 1.73 | 1.99 | 1.73 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Evolve Transition Infrastructure LP's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Stonepeak Gp Holdings Lp | 10 percent owner | 55 HUDSON YARDS, 550 W. 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
Stonepeak Gp Investors Holdings Lp | 10 percent owner, other: See Remarks | 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
Stonepeak Gp Investors Upper Holdings Lp | 10 percent owner, other: See Remarks | 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
Stonepeak Gp Investors Holdings Manager Llc | 10 percent owner, other: See Remarks | 55 HUDSON YARDS, 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
David D Kinder | director | 510 BERING DRIVE, SUITE 220, HOUSTON TX 77057 |
Michael A Heim | director | TARGA RESOURCES PARTNERS LP, 1000 LOUISIANA STREET, SUITE 4300, HOUSTON TX 77002 |
Michael A. Keuss | officer: President / Chief Oper. Off. | 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056 |
Randall L. Gibbs | director, officer: Chief Executive Officer | 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056 |
Hartigan Jonathan C. M. | officer: President / Chief Invest. Off. | 1360 POST OAK BLVD., SUITE 2400, HOUSTON TX 77056 |
Gerald F Willinger | director | 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056 |
Stonepeak Texas Midstream Holdco Llc | 10 percent owner, other: See Remarks | 550 WEST 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
Sanchez Antonio R Iii | director, 10 percent owner | 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056 |
Michael Bricker | director | 55 HUDSON YARDS, 550 W 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
Sp Common Equity Subsidiary Llc | 10 percent owner | 1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056 |
Steen John T Iii | director | 55 HUDSON YARDS, 550 W 34TH STREET, 48TH FLOOR, NEW YORK NY 10001 |
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