Emergence Global Enterprises (XTER:9VDA) Other Current Assets: €0.14 Mil (As of Jul. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTER:9VDA Emergence Global Enterprises Inc XTER:9VDA
39 GF Score
Price €0.01
View Full Analysis

What is Emergence Global Enterprises Other Current Assets?

Emergence Global Enterprises XTER:9VDA 39 Other Current Assets is €0.14 Mil as of Jul. 2022. GuruFocus rates XTER:9VDA with a GF Score™ of 39/100.

Emergence Global Enterprises's other current assets for the quarter that ended in Jul. 2022 was €0.14 Mil.

Emergence Global Enterprises's quarterly other current assets increased from Jan. 2022 (€0.17 Mil) to Apr. 2022 (€0.51 Mil) but then declined from Apr. 2022 (€0.51 Mil) to Jul. 2022 (€0.14Mil).

Emergence Global Enterprises's annual other current assets stayed the same from Oct. 2019 (€0.00 Mil) to Oct. 2020 (€0.00 Mil) increased from Oct. 2020 (€0.00 Mil) to Oct. 2021 (€0.14 Mil).


Emergence Global Enterprises Other Current Assets Related Terms


Emergence Global Enterprises Other Current Assets Historical Data

* Premium members only.

The historical data trend for Emergence Global Enterprises'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.

Emergence Global Enterprises Other Current Assets Chart

Emergence Global Enterprises Annual Data
Trend Apr12 Apr13 Apr14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.14

Emergence Global Enterprises Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.00 0.14 0.17 0.51 0.14
XTER:9VDA
39GF Score
Emergence Global Enterprises Inc XTER:9VDA
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emergence Global Enterprises 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 €0.14 Mil mean?
Emergence Global Enterprises (XTER:9VDA) has a Other Current Assets of €0.14 Mil as of Jul. 2022. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Emergence Global Enterprises.
Is Emergence Global Enterprises' Other Current Assets too high?
Emergence Global Enterprises' current Other Current Assets is €0.14 Mil. Overall, Emergence Global Enterprises has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Emergence Global Enterprises' Other Current Assets compare to KHC and GIS?
Emergence Global Enterprises' Other Current Assets of €0.14 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Other Current Assets depends on the Consumer Packaged Goods 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 Emergence Global Enterprises. Emergence Global Enterprises's current Other Current Assets is €0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emergence Global Enterprises stock overvalued right now?
Emergence Global Enterprises (XTER:9VDA) has a current Other Current Assets of €0.14 Mil. The current Other Current Assets is €0.14 Mil. Emergence Global Enterprises' overall GF Score™ is 39/100. 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 Emergence Global Enterprises (XTER:9VDA), the current Other Current Assets is €0.14 Mil as of Jul. 2022. 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.

Emergence Global Enterprises Business Description

Address 14 Centre Street, Essex, ON, CAN, N8M 1N9
Emergence Global Enterprises Inc is engaged in the business activity of acquiring, creating and building reputable consumer brands using innovation, integrated platforms and full traceability for the health food marketplace. Business is organized into segments being; Nature and Alternative, Health and wellness, Fitness and nutrition and Product Development. Revenue consists of income from the sales of sports nutrition and health products to distributors and retailers.
39GF Score

Get the complete analysis for XTER:9VDA

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

€0.01
Price