gategroup Holding AG (XSWX:GATE) Other Current Assets: CHF247.10 Mil (As of Dec. 2019)


What is gategroup Holding AG Other Current Assets?

gategroup Holding AG XSWX:GATE Other Current Assets is CHF247.10 Mil as of Dec. 2019. The stock has 8 warning signs investors should review.

gategroup Holding AG's other current assets for the quarter that ended in Dec. 2019 was CHF247.10 Mil.

gategroup Holding AG's quarterly other current assets increased from Dec. 2017 (CHF257.70 Mil) to Dec. 2018 (CHF267.00 Mil) but then declined from Dec. 2018 (CHF267.00 Mil) to Dec. 2019 (CHF247.10Mil).

gategroup Holding AG's annual other current assets increased from Dec. 2017 (CHF257.70 Mil) to Dec. 2018 (CHF267.00 Mil) declined from Dec. 2018 (CHF267.00 Mil) to Dec. 2019 (CHF247.10 Mil).

gategroup Holding AG Other Current Assets Related Terms

gategroup Holding AG Other Current Assets Historical Data

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The historical data trend for gategroup Holding AG'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.

gategroup Holding AG Other Current Assets Chart

gategroup Holding AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.90 125.00 257.70 267.00 247.10

gategroup Holding AG Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.90 125.00 257.70 267.00 247.10

gategroup Holding AG 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 CHF247.10 Mil mean?
gategroup Holding AG (XSWX:GATE) has a Other Current Assets of CHF247.10 Mil as of Dec. 2019. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on gategroup Holding AG.
Is gategroup Holding AG's Other Current Assets too high?
gategroup Holding AG's current Other Current Assets is CHF247.10 Mil.
How does gategroup Holding AG's Other Current Assets compare to CAAP and AAWW?
gategroup Holding AG's Other Current Assets of CHF247.10 Mil can be compared against companies in the Transportation 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 a Transportation company?
A good Other Current Assets depends on the Transportation 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 gategroup Holding AG. gategroup Holding AG's current Other Current Assets is CHF247.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is gategroup Holding AG stock overvalued right now?
gategroup Holding AG (XSWX:GATE) has a current Other Current Assets of CHF247.10 Mil. The current Other Current Assets is CHF247.10 Mil. 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 gategroup Holding AG (XSWX:GATE), the current Other Current Assets is CHF247.10 Mil as of Dec. 2019. 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.

gategroup Holding AG Business Description

Address Sagereistrasse 20, Glattbrugg, CHE, CH-8152
gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.