STHFF (Stelmine Canada) Other Current Assets: $0.23 Mil (As of Apr. 2024)


What is Stelmine Canada Other Current Assets?

Stelmine Canada STHFF -90.00% Other Current Assets is $0.23 Mil as of Apr. 2024.

Stelmine Canada's other current assets for the quarter that ended in Apr. 2024 was $0.23 Mil.

Stelmine Canada's quarterly other current assets increased from Oct. 2023 ($0.08 Mil) to Jan. 2024 ($0.52 Mil) but then declined from Jan. 2024 ($0.52 Mil) to Apr. 2024 ($0.23Mil).

Stelmine Canada's annual other current assets increased from Jul. 2021 ($0.07 Mil) to Jul. 2022 ($0.22 Mil) declined from Jul. 2022 ($0.22 Mil) to Jul. 2023 ($0.22 Mil).


Stelmine Canada Other Current Assets Related Terms


Stelmine Canada Other Current Assets Historical Data

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The historical data trend for Stelmine Canada'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.

Stelmine Canada Other Current Assets Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.20 0.07 0.22 0.22

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.62 0.22 0.08 0.52 0.23

Stelmine Canada 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 $0.23 Mil mean?
Stelmine Canada (STHFF) has a Other Current Assets of $0.23 Mil as of Apr. 2024. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Stelmine Canada.
Is Stelmine Canada's Other Current Assets too high?
Stelmine Canada's current Other Current Assets is $0.23 Mil.
How does Stelmine Canada's Other Current Assets compare to NRHI and ENRT?
Stelmine Canada's Other Current Assets of $0.23 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Other Current Assets depends on the Metals & Mining 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 Stelmine Canada. Stelmine Canada's current Other Current Assets is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (STHFF) has a current Other Current Assets of $0.23 Mil. The current Other Current Assets is $0.23 Mil. 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 Stelmine Canada (STHFF), the current Other Current Assets is $0.23 Mil as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.