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DNA Brands (DNA Brands) Other Current Assets : $0.00 Mil (As of Dec. 2016)


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What is DNA Brands Other Current Assets?

DNA Brands's other current assets for the quarter that ended in Dec. 2016 was $0.00 Mil.

DNA Brands's quarterly other current assets declined from Dec. 2013 ($0.14 Mil) to Dec. 2015 ($0.00 Mil) and declined from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00Mil).

DNA Brands's annual other current assets declined from Dec. 2013 ($0.14 Mil) to Dec. 2015 ($0.00 Mil) declined from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).


DNA Brands Other Current Assets Historical Data

The historical data trend for DNA Brands'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.

DNA Brands Other Current Assets Chart

DNA Brands Annual Data
Trend Oct07 Oct08 Oct09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 0.03 0.20 0.14 - -

DNA Brands Semi-Annual Data
Oct07 Oct08 Oct09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
Other Current Assets Get a 7-Day Free Trial Premium Member Only 0.03 0.20 0.14 - -

DNA Brands 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.


DNA Brands Other Current Assets Related Terms

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DNA Brands (DNA Brands) Business Description

Traded in Other Exchanges
N/A
Address
255 Eversedge Ct, Alpharetta, GA, USA, 30009
DNA Brands Inc is engaged in the production, marketing, and sale of five carbonated blends of DNA Energy Drink, Citrus, Sugar-Free Citrus, Original, Cryo-Berry, and Molecular Melon; as well as three milk-based energy coffees fortified with Omega 3. These flavors are Mocha, Vanilla Latte, and Caramel Macchiato. The company markets its products to retailers, restaurants, bars, and clubs.
Executives
Melvin Leiner director, officer: Chief Financial Officer C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE 6, BOCA RATON FL 33431
Darren Marks director, officer: Chief Executive Officer C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE #6, BOCA RATON FL 33431