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American Healthcare REIT (American Healthcare REIT) Other Current Assets : $53 Mil (As of Mar. 2024)


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What is American Healthcare REIT Other Current Assets?

American Healthcare REIT's other current assets for the quarter that ended in Mar. 2024 was $53 Mil.

American Healthcare REIT's quarterly other current assets declined from Sep. 2023 ($55 Mil) to Dec. 2023 ($49 Mil) but then increased from Dec. 2023 ($49 Mil) to Mar. 2024 ($53Mil).

American Healthcare REIT's annual other current assets increased from Dec. 2021 ($44 Mil) to Dec. 2022 ($47 Mil) increased from Dec. 2022 ($47 Mil) to Dec. 2023 ($49 Mil).


American Healthcare REIT Other Current Assets Historical Data

The historical data trend for American Healthcare REIT'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.

American Healthcare REIT Other Current Assets Chart

American Healthcare REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Current Assets
- 43.89 46.85 48.80

American Healthcare REIT Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 46.88 50.14 55.18 48.80 53.00

American Healthcare REIT 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.


American Healthcare REIT Other Current Assets Related Terms

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American Healthcare REIT (American Healthcare REIT) Business Description

Traded in Other Exchanges
Address
18191 Von Karman Avenue, Suite 300, Irvine, CA, USA, 92612
American Healthcare REIT Inc is a healthcare-focused real estate investment trust. It owns a diversified portfolio of clinical healthcare real estate properties, focusing primarily on medical office buildings, skilled nursing facilities, senior housing, hospitals, and other healthcare-related facilities.
Executives
Valerie Richardson director C/O KIMCO REALTY CORP., 333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
Marvin R O'quinn director C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Mark E. Foster officer: EVP, General Counsel C/O AMERICAN HEALTHCARE REIT, INC., 18191 VON KARMAN AVE. #300, IRVINE CA 92612
Gabriel M Willhite officer: EVP, General Counsel C/O GRIFFIN-AMERICAN HEALTHCARE REIT IV, 18191 VON KARMAN AVE. #300, IRVINE CA 92612
J. Grayson Sanders director 27 LA QUINTA, IRVINE CA 92612
Gerald W Robinson director 18191 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612
Harold H Greene director C/O GRIFFIN-AMERICAN HEALTHCARE REIT III, 18191 VON KARMAN AVE, STE 300, IRVINE CA 92612
Richard S. Welch director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Brian J. Flornes director 1613 SUNSET RIDGE DRIVE, LAGUNA BEACH CA 92651
Smith Wilbur H Iii director 18301 VON KARMAN AVENUE, STE 250, IRVINE CA 92612
Brian Peay officer: Chief Financial Officer 18191 VON KARMAN AVENUE #300, IRVINE CA 92612
Jeffrey T Hanson director, officer: CEO & Chairman of the Board 18191 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612
Lo Cora officer: AGC & Secretary 18191 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612
Oh Stefan K.l. officer: EVP of Acquisitions 18191 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92612

American Healthcare REIT (American Healthcare REIT) Headlines

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