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SunLink Health Systems's other current assets for the quarter that ended in Dec. 2024 was $1.80 Mil.
SunLink Health Systems's quarterly other current assets declined from Jun. 2024 ($3.57 Mil) to Sep. 2024 ($3.53 Mil) and declined from Sep. 2024 ($3.53 Mil) to Dec. 2024 ($1.80Mil).
SunLink Health Systems's annual other current assets increased from Jun. 2022 ($1.89 Mil) to Jun. 2023 ($3.57 Mil) increased from Jun. 2023 ($3.57 Mil) to Jun. 2024 ($3.57 Mil).
The historical data trend for SunLink Health Systems'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.
SunLink Health Systems Annual Data | |||||||||||||||||||||
Trend | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | Jun24 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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2.56 | 2.31 | 1.89 | 3.57 | 3.57 |
SunLink Health Systems Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Other Current Assets | Get a 7-Day Free Trial |
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7.00 | 5.12 | 3.57 | 3.53 | 1.80 |
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 SunLink Health Systems's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Howard E Turner | director | 135 PROVIDENCE OAKS POINTE, MILTON GA 30004 |
Thornton Robert M Jr | director, officer: CEO & Chairman | 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339 |
C Michael Ford | director | 310 NORRIS STREET, ST. MARYS GA 31558 |
Mills Christopher H B | director | 6 STRATTON STREET, MAYFAIR, LONDON X0 W1J 8LD |
Steven J Baileys | director | 30691 HUNT CLUB DRIVE, SAN JUAN CAPISTRANO CA 92675 |
Sheila G. Brockman | officer: CEO So Health Corp of Houston | 900 CIRCLE 75 PARKWAY, SUITE 690, ATLANTA GA 30339 |
Mark J Stockslager | officer: Corporate Controller and PAO | 900 CIRCLE 75 PARKWAY STE. 690, ATLANTA GA 30339 |
Karen B Brenner | director | P.O. BOX 9109, NEWPORT BEACH CA 92658 |
Gene E Burleson | director | 320 ARGONNE DR, ATLANTA GA 30305-2814 |
A Ronald Turner | officer: Chief Operating Officer | 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339 |
Harry R Alvis | officer: Chief Operating Officer | 900 CIRCLE 75 PARKWAY STE. 1120, ATLANTA GA 30339 |
George D. Shaunnessy | other: Pres/CEO Sunlink Homecare Svcs | 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339 |
Jack M. Spurr | officer: VP, Hospital Financial Ops. | 900 CIRCLE 75 PARKWAY, SUITE 1120, ATLANTA GA 30339 |
Michael William Hall | director | 3406 RAVENWOOD LANE, MIRAMAR BEACH FL 32550 |
North Atlantic Value Llp | 10 percent owner | RYDER COURT, 14 RYDER ST., LONDON A1 00000 |
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