GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Boardwalk Real Estate Investment Trust (TSX:BEI.UN) » Definitions » Other Current Assets

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Other Current Assets : C$25.5 Mil (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Boardwalk Real Estate Investment Trust Other Current Assets?

Boardwalk Real Estate Investment Trust's other current assets for the quarter that ended in Dec. 2023 was C$25.5 Mil.

Boardwalk Real Estate Investment Trust's quarterly other current assets increased from Jun. 2023 (C$25.0 Mil) to Sep. 2023 (C$25.0 Mil) and increased from Sep. 2023 (C$25.0 Mil) to Dec. 2023 (C$25.5Mil).

Boardwalk Real Estate Investment Trust's annual other current assets increased from Dec. 2021 (C$14.3 Mil) to Dec. 2022 (C$24.6 Mil) increased from Dec. 2022 (C$24.6 Mil) to Dec. 2023 (C$25.5 Mil).


Boardwalk Real Estate Investment Trust Other Current Assets Historical Data

The historical data trend for Boardwalk Real Estate Investment Trust'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.

Boardwalk Real Estate Investment Trust Other Current Assets Chart

Boardwalk Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.15 13.81 14.30 24.60 25.52

Boardwalk Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.60 28.55 25.00 25.05 25.52

Boardwalk Real Estate Investment Trust 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.


Boardwalk Real Estate Investment Trust Other Current Assets Related Terms

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


Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Business Description

Traded in Other Exchanges
Address
1501 - 1st Street S.W., Suite 200, First West Place, Calgary, AB, CAN, T2R 0W1
Boardwalk Real Estate Investment Trust, or Boardwalk REIT, is a real estate investment trust engaged in the acquisition, development, and management of residential multifamily communities throughout Canada. Although the company's cumulative residential property portfolio includes holdings in the provinces of Alberta, Saskatchewan, Ontario, and Quebec, the majority of its total units are located in Alberta. The submarkets around the cities of Calgary and Edmonton, specifically, account for the majority of Boardwalk REIT's total residential suites. The company derives substantially all of its income in the form of rental revenue from leasing its properties to tenants under short-term agreements. Boardwalk REIT's assets in Alberta contribute the majority of this revenue.

Boardwalk Real Estate Investment Trust (TSX:BEI.UN) Headlines

No Headlines