Spring Valley Acquisition (Spring Valley Acquisition) Other Current Assets : $0.10 Mil (As of Dec. 2021)

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What is Spring Valley Acquisition Other Current Assets?

Spring Valley Acquisition's other current assets for the quarter that ended in Dec. 2021 was $0.10 Mil.

Spring Valley Acquisition's quarterly other current assets declined from Jun. 2021 ($0.17 Mil) to Sep. 2021 ($0.11 Mil) and declined from Sep. 2021 ($0.11 Mil) to Dec. 2021 ($0.10Mil).

Spring Valley Acquisition's annual other current assets increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.24 Mil) declined from Dec. 2020 ($0.24 Mil) to Dec. 2021 ($0.10 Mil).

Spring Valley Acquisition Other Current Assets Historical Data

The historical data trend for Spring Valley Acquisition'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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Spring Valley Acquisition Other Current Assets Chart

Spring Valley Acquisition Annual Data

Trend

Dec20

Dec21

Other Current Assets

0.24

0.10

Spring Valley Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21
Other Current Assets	-	0.17	0.17	0.11	0.10

Spring Valley Acquisition 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.

Spring Valley Acquisition Other Current Assets Related Terms

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Spring Valley Acquisition (Spring Valley Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Spring Valley Acquisition Corp (NAS:SV) » Definitions » Other Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2100 McKinney Avenue, Suite 1675, Dallas, TX, USA, 75201

Website

https://www.sv-ac.com

Spring Valley Acquisition Corp is a blank check company.

Executives

Robert K Temple	officer: General Counsel	6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Rudy Murgo	officer: Treasurer	6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd.	10 percent owner	11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330
Ds Asset Management Co., Ltd.	10 percent owner	10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Soo Jang Dok	10 percent owner	10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Dae Seok Bae	10 percent owner	9F, 21, YEOUIDAEBANG-RO 67-GIL, YEONGDEUNGPO-GU, SEOUL M5 07333
Bh Investment & Liberty Ltd.	10 percent owner	9F, 21, YEOUIDAEBANG-RO 67-GIL, YEONGDEUNGPO-GU, SEOUL M5 07333
Ds Private Equity Co., Ltd.	10 percent owner	10, GUKJEGEUMYUNG-RO, YEONGDEUNGPO-GU, 14TH FLOOR, SEOUL M5 07326
Green Energy New Technology Investment Fund	10 percent owner	22F, D TOWER 134, TONGIL-RO, JONGNO-GU, SEOUL M5
Samsung C&t Corp	10 percent owner	26, SANGIL-RO 6-GIL, GANGDONG-GU, SEOUL M5 05288
Alan L Boeckmann	director	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Thomas P Mundy	officer: Chief Commercial Officer	6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins	director, officer: Chief Executive Officer	6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert	officer: Chief Financial Officer	6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Kent Kresa	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103