GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PannErgy Plc (FRA:PPL) » Definitions » Other Current Assets

PannErgy (FRA:PPL) Other Current Assets : €0.19 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is PannErgy Other Current Assets?

PannErgy's other current assets for the quarter that ended in Dec. 2023 was €0.19 Mil.

PannErgy's quarterly other current assets declined from Dec. 2022 (€2.55 Mil) to Jun. 2023 (€0.14 Mil) but then increased from Jun. 2023 (€0.14 Mil) to Dec. 2023 (€0.19Mil).

PannErgy's annual other current assets increased from Dec. 2021 (€1.33 Mil) to Dec. 2022 (€2.55 Mil) declined from Dec. 2022 (€2.55 Mil) to Dec. 2023 (€0.19 Mil).


PannErgy Other Current Assets Historical Data

The historical data trend for PannErgy'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.

PannErgy Other Current Assets Chart

PannErgy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.36 1.33 2.55 0.19

PannErgy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.33 0.56 2.55 0.14 0.19

PannErgy 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.


PannErgy Other Current Assets Related Terms

Thank you for viewing the detailed overview of PannErgy's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


PannErgy (FRA:PPL) Business Description

Traded in Other Exchanges
Address
Budafoki ut 56, Budapest, HUN, 1117
PannErgy Plc is engaged in the usage of renewable, geothermal energy resources as well as asset management. It has one reportable segment which is Energy. The company is committed to the energy-related exploitation of one of Europe's largest active geothermal water resources. With environment-sparing investments, the company can set geothermal heat to serve households and industrial users, in the long run, thereby achieving a considerable reduction in energy expenses.

PannErgy (FRA:PPL) Headlines

From GuruFocus

Q2 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

PPL Corp New PPL Progress Update Briefing Transcript

By GuruFocus Research 01-23-2024

Q3 2021 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2018 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

PPL Corp's Dividend Analysis

By GuruFocus Research 12-07-2023

Q3 2020 PPL Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024