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Fabled Silver Gold (TSXV:FCO.H) Other Current Assets : C$0.01 Mil (As of Sep. 2023)


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What is Fabled Silver Gold Other Current Assets?

Fabled Silver Gold's other current assets for the quarter that ended in Sep. 2023 was C$0.01 Mil.

Fabled Silver Gold's quarterly other current assets declined from Mar. 2023 (C$0.08 Mil) to Jun. 2023 (C$0.02 Mil) and declined from Jun. 2023 (C$0.02 Mil) to Sep. 2023 (C$0.01Mil).

Fabled Silver Gold's annual other current assets declined from Dec. 2020 (C$0.12 Mil) to Dec. 2021 (C$0.11 Mil) increased from Dec. 2021 (C$0.11 Mil) to Dec. 2022 (C$0.12 Mil).


Fabled Silver Gold Other Current Assets Historical Data

The historical data trend for Fabled Silver Gold'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.

Fabled Silver Gold Other Current Assets Chart

Fabled Silver Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 0.07 0.02 0.12 0.11 0.12

Fabled Silver Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.20 0.12 0.08 0.02 0.01

Fabled Silver Gold 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.


Fabled Silver Gold Other Current Assets Related Terms

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Fabled Silver Gold (TSXV:FCO.H) Business Description

Traded in Other Exchanges
Address
1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6
Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. The Company operates in one single reportable segment, which is the acquisition and exploration of mineral resource properties.

Fabled Silver Gold (TSXV:FCO.H) Headlines

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