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Radium Development Bhd (XKLS:5313) Other Current Assets : RM120.0 Mil (As of Dec. 2024)


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What is Radium Development Bhd Other Current Assets?

Radium Development Bhd's other current assets for the quarter that ended in Dec. 2024 was RM120.0 Mil.

Radium Development Bhd's quarterly other current assets declined from Jun. 2024 (RM32.2 Mil) to Sep. 2024 (RM30.4 Mil) but then increased from Sep. 2024 (RM30.4 Mil) to Dec. 2024 (RM120.0Mil).

Radium Development Bhd's annual other current assets increased from Dec. 2022 (RM49.4 Mil) to Dec. 2023 (RM56.0 Mil) increased from Dec. 2023 (RM56.0 Mil) to Dec. 2024 (RM120.0 Mil).


Radium Development Bhd Other Current Assets Historical Data

The historical data trend for Radium Development 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.

Radium Development Bhd Other Current Assets Chart

Radium Development Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial 4.03 5.01 49.36 55.99 119.98

Radium Development Bhd Quarterly Data
Dec19 Dec20 Dec21 Oct22 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 55.99 31.99 32.22 30.37 119.98

Radium Development 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.


Radium Development Bhd Other Current Assets Related Terms

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Radium Development Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Melati Utama 2, No. 7-2, PV7, Taman Melati Utama, Setapak, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 53100
Radium Development Bhd is a property developer principally involved in the development of high-rise residential properties, focusing on the development of competitively-priced high-rise residential properties in strategic locations in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments and SOHO units. The company also committed to the development of affordable housing such as Residensi Wilayah and PPAM to support the Government's effort in providing affordable housing to all Malaysian citizens. The company operates in three reportable segments Sales of development properties, Construction contracts, and Sale of goods. The majority of revenue is derived from the Sales of development properties segment.

Radium Development Bhd Headlines

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