GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Box Ships Inc (OTCPK:TEUFF) » Definitions » Other Current Assets

Box Ships (Box Ships) Other Current Assets : $9.21 Mil (As of Dec. 2015)


View and export this data going back to 2011. Start your Free Trial

What is Box Ships Other Current Assets?

Box Ships's other current assets for the quarter that ended in Dec. 2015 was $9.21 Mil.

Box Ships's quarterly other current assets declined from Jun. 2015 ($9.24 Mil) to Sep. 2015 ($7.04 Mil) but then increased from Sep. 2015 ($7.04 Mil) to Dec. 2015 ($9.21Mil).

Box Ships's annual other current assets declined from Dec. 2014 ($9.51 Mil) to Dec. 2015 ($9.21 Mil) declined from Dec. 2015 ($9.21 Mil) to Dec. 2016 ($0.11 Mil).


Box Ships Other Current Assets Historical Data

The historical data trend for Box Ships'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.

* Premium members only.

Box Ships Other Current Assets Chart

Box Ships Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Other Current Assets
Get a 7-Day Free Trial 6.23 11.24 9.51 9.21 0.11

Box Ships Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 8.87 9.24 7.04 9.21 0.11

Box Ships 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.


Box Ships Other Current Assets Related Terms

Thank you for viewing the detailed overview of Box Ships's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Box Ships (Box Ships) Business Description

Traded in Other Exchanges
N/A
Address
15, Karamanli Avenue, Voula, GRC, GR 16673
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.

Box Ships (Box Ships) Headlines

From GuruFocus

9 High Yield Stocks With Highest Earnings Growth

By Dividend Dividend 12-17-2011

Weekly 3-Year Low Highlight: TEU, KIPO, GNI, PTNT, AHPI

By Jimmy Xiao gurujx 02-16-2014

17 Oversold High-Yields To Consider

By Dividend Dividend 08-22-2012