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Soul and Vibe Interactive (Soul and Vibe Interactive) Other Current Assets : $0.01 Mil (As of Jun. 2016)


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What is Soul and Vibe Interactive Other Current Assets?

Soul and Vibe Interactive's other current assets for the quarter that ended in Jun. 2016 was $0.01 Mil.

Soul and Vibe Interactive's quarterly other current assets declined from Dec. 2015 ($0.04 Mil) to Mar. 2016 ($0.02 Mil) and declined from Mar. 2016 ($0.02 Mil) to Jun. 2016 ($0.01Mil).

Soul and Vibe Interactive's annual other current assets increased from Dec. 2013 ($0.01 Mil) to Dec. 2014 ($0.01 Mil) increased from Dec. 2014 ($0.01 Mil) to Dec. 2015 ($0.04 Mil).


Soul and Vibe Interactive Other Current Assets Historical Data

The historical data trend for Soul and Vibe Interactive'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.

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Soul and Vibe Interactive Other Current Assets Chart

Soul and Vibe Interactive Annual Data
Trend Feb12 Dec13 Dec14 Dec15
Other Current Assets
0.01 0.01 0.01 0.04

Soul and Vibe Interactive Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.04 0.02 0.04 0.02 0.01

Soul and Vibe Interactive 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.


Soul and Vibe Interactive Other Current Assets Related Terms

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Soul and Vibe Interactive (Soul and Vibe Interactive) Business Description

Traded in Other Exchanges
N/A
Address
6548 South Big Cottonwood Canyon Road, Suite 200, Salt Lake City, UT, USA, 84121
Soul and Vibe Interactive Inc publish games, interactive books, and downloadable/streamable music for digital devices. The company develops, publishes, and distributes interactive entertainment games and interactive books for video game consoles, mobile and augmented reality/wearable tech devices, personal computers, and social media platforms. It develops, publishes, and distribute music for play on digital devices through downloadable/streamable channels that include Apple Music, iTunes, Google Play, Amazon, Deezer, YouTube Music, Beats/MediaNet, and Microsoft Groove.

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