GURUFOCUS.COM » STOCK LIST » Technology » Software » Tonner-One World Holdings Inc (OTCPK:TONR) » Definitions » Other Current Assets

TONR (Tonner-One World Holdings) Other Current Assets : $-0.00 Mil (As of Jun. 2016)


View and export this data going back to 1994. Start your Free Trial

What is Tonner-One World Holdings Other Current Assets?

Tonner-One World Holdings's other current assets for the quarter that ended in Jun. 2016 was $-0.00 Mil.

Tonner-One World Holdings's quarterly other current assets declined from Dec. 2015 ($0.04 Mil) to Mar. 2016 ($0.02 Mil) and declined from Mar. 2016 ($0.02 Mil) to Jun. 2016 ($-0.00Mil).

Tonner-One World Holdings's annual other current assets declined from Dec. 2013 ($0.40 Mil) to Dec. 2014 ($0.15 Mil) declined from Dec. 2014 ($0.15 Mil) to Dec. 2015 ($0.04 Mil).


Tonner-One World Holdings Other Current Assets Historical Data

The historical data trend for Tonner-One World Holdings'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.

Tonner-One World Holdings Other Current Assets Chart

Tonner-One World Holdings Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec11 Dec12 Dec13 Dec14 Dec15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.55 0.40 0.15 0.04

Tonner-One World Holdings Quarterly Data
Jun04 Dec11 Mar12 Jun12 Sep12 Dec12 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 0.41 0.09 0.04 0.02 -

Tonner-One World Holdings 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.


Tonner-One World Holdings Other Current Assets Related Terms

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


Tonner-One World Holdings Business Description

Traded in Other Exchanges
N/A
Address
6725 South Fry Road, Suite 321, Katy, TX, USA, 77494
Tonner-One World Holdings Inc is an emerging-growth company operating under business expansion called the Digital Commerce Collective. The DCC is a comprehensive product and service development model focused on four key areas of growth, namely, Crypto and Forex technology, interactive commerce, proprietary trading firm initiatives, and IP licensing for entertainment and Metaverse applications.
Executives
Edward L Cahill other: See General Remarks and FN 3 C/O HLM VENTURE PARTNERS, 800 SOUTH STREET, SUITE 200, WALTHAM MA 02453
David L Warnock director 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Donald W Hughes other: See General Remarks and FN3 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202

Tonner-One World Holdings Headlines

From GuruFocus