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Harbour-Link Group Bhd (XKLS:2062) Other Current Assets : RM42 Mil (As of Dec. 2024)


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What is Harbour-Link Group Bhd Other Current Assets?

Harbour-Link Group Bhd's other current assets for the quarter that ended in Dec. 2024 was RM42 Mil.

Harbour-Link Group Bhd's quarterly other current assets declined from Jun. 2024 (RM35 Mil) to Sep. 2024 (RM32 Mil) but then increased from Sep. 2024 (RM32 Mil) to Dec. 2024 (RM42Mil).

Harbour-Link Group Bhd's annual other current assets increased from Jun. 2022 (RM26 Mil) to Jun. 2023 (RM35 Mil) increased from Jun. 2023 (RM35 Mil) to Jun. 2024 (RM35 Mil).


Harbour-Link Group Bhd Other Current Assets Historical Data

The historical data trend for Harbour-Link Group Bhd'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.

Harbour-Link Group Bhd Other Current Assets Chart

Harbour-Link Group Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.88 21.43 25.69 34.51 34.83

Harbour-Link Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 34.80 42.34 34.83 32.43 42.05

Harbour-Link Group Bhd 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.


Harbour-Link Group Bhd Other Current Assets Related Terms

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Harbour-Link Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tun Ahmad Zaidi, Wisma Harbour, Parkcity Commerce Square, Bintulu, SWK, MYS, 97000
Harbour-Link Group Bhd is engaged in the provision of management services. The business activity of the firm is operated through various segments namely Shipping and marine services, Integrated Logistics services, Engineering works, Machineries trading, Property Development, and Investment holding. Geographically all the operations have functioned through the region of Malaysia, Singapore, Brunei and Hong Kong/China. The company generates maximum revenue from the Shipping and Marine segment.

Harbour-Link Group Bhd Headlines

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