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Decisive Dividend (TSXV:DE) Other Current Assets : C$2.0 Mil (As of Sep. 2024)


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What is Decisive Dividend Other Current Assets?

Decisive Dividend's other current assets for the quarter that ended in Sep. 2024 was C$2.0 Mil.

Decisive Dividend's quarterly other current assets increased from Mar. 2024 (C$1.7 Mil) to Jun. 2024 (C$2.3 Mil) but then declined from Jun. 2024 (C$2.3 Mil) to Sep. 2024 (C$2.0Mil).

Decisive Dividend's annual other current assets increased from Dec. 2021 (C$1.0 Mil) to Dec. 2022 (C$2.4 Mil) declined from Dec. 2022 (C$2.4 Mil) to Dec. 2023 (C$1.4 Mil).


Decisive Dividend Other Current Assets Historical Data

The historical data trend for Decisive Dividend'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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Decisive Dividend Other Current Assets Chart

Decisive Dividend 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 0.80 0.87 0.99 2.43 1.40

Decisive Dividend Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.99 1.40 1.68 2.34 2.05

Decisive Dividend 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.


Decisive Dividend Other Current Assets Related Terms

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Decisive Dividend Business Description

Traded in Other Exchanges
Address
No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7
Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadershi..
Executives
James Andrew Paterson Director, Senior Officer
Jeffrey David Schellenberg Senior Officer
Richard Torriero Senior Officer
Timothy James Pirie Director
Michael Bruce Campbell Director
Gerald Terence Edwards Director, Senior Officer
Warren Frederick Matheos Director
David Redekop Senior Officer