Source Rock Royalties (TSXV:SRR) Other Current Assets: C$0.02 Mil (As of Mar. 2026)

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TSXV:SRR Source Rock Royalties Ltd TSXV:SRR
58 GF Score
Price C$1.01
GF Value C$0.68
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Source Rock Royalties Other Current Assets?

Source Rock Royalties TSXV:SRR +1.00% 58 Other Current Assets is C$0.02 Mil as of Mar. 2026. GuruFocus rates TSXV:SRR with a GF Score™ of 58/100 and a GF Value™ of C$0.68 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Source Rock Royalties's other current assets for the quarter that ended in Mar. 2026 was C$0.02 Mil.

Source Rock Royalties's quarterly other current assets declined from Sep. 2025 (C$0.02 Mil) to Dec. 2025 (C$0.02 Mil) but then increased from Dec. 2025 (C$0.02 Mil) to Mar. 2026 (C$0.02Mil).

Source Rock Royalties's annual other current assets increased from Dec. 2023 (C$0.03 Mil) to Dec. 2024 (C$0.04 Mil) declined from Dec. 2024 (C$0.04 Mil) to Dec. 2025 (C$0.02 Mil).


Source Rock Royalties Other Current Assets Related Terms


Source Rock Royalties Other Current Assets Historical Data

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The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Other Current Assets Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial 0.17 0.04 0.03 0.04 0.02

Source Rock Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.03 0.02 0.02 0.02
TSXV:SRR
58GF Score
Source Rock Royalties Ltd TSXV:SRR
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Source Rock Royalties 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of C$0.02 Mil mean?
Source Rock Royalties (TSXV:SRR) has a Other Current Assets of C$0.02 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Source Rock Royalties.
Is Source Rock Royalties' Other Current Assets too high?
Source Rock Royalties' current Other Current Assets is C$0.02 Mil. Overall, Source Rock Royalties has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Source Rock Royalties' Other Current Assets compare to WMB and EPD?
Source Rock Royalties' Other Current Assets of C$0.02 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for an Oil & Gas company?
A good Other Current Assets depends on the Oil & Gas industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Source Rock Royalties. Source Rock Royalties's current Other Current Assets is C$0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Rock Royalties stock overvalued right now?
Based on GuruFocus' analysis, Source Rock Royalties (TSXV:SRR) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.68, compared to a current price of C$1.01 — trading 48.5% above its estimated fair value. The current Other Current Assets is C$0.02 Mil. Source Rock Royalties' overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Source Rock Royalties (TSXV:SRR), the current Other Current Assets is C$0.02 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Source Rock Royalties (TSXV:SRR) Overvalued in 2026?

Based on GuruFocus' analysis, Source Rock Royalties stock appears to be overvalued. The current stock price of C$1.01 is trading 48.5% above its estimated GF Value™ of C$0.68. GuruFocus considers Source Rock Royalties to be Significantly Overvalued.

Key valuation signals for TSXV:SRR:

  • Other Current Assets: C$0.02 Mil
  • GF Value™: C$0.68 vs. price of C$1.01 (48.5% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the TSXV:SRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Source Rock Royalties Business Description

Industry EnergyOil & Gas
Other Exchanges SRRRF:USABH1:Germany
Address 421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.
58GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.01
Price
C$0.68
GF Value