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PostRock Energy (PostRock Energy) Other Current Assets : $9.39 Mil (As of Sep. 2015)


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What is PostRock Energy Other Current Assets?

PostRock Energy's other current assets for the quarter that ended in Sep. 2015 was $9.39 Mil.

PostRock Energy's quarterly other current assets declined from Mar. 2015 ($12.73 Mil) to Jun. 2015 ($9.46 Mil) and declined from Jun. 2015 ($9.46 Mil) to Sep. 2015 ($9.39Mil).

PostRock Energy's annual other current assets declined from Dec. 2012 ($5.37 Mil) to Dec. 2013 ($0.87 Mil) increased from Dec. 2013 ($0.87 Mil) to Dec. 2014 ($12.18 Mil).


PostRock Energy Other Current Assets Historical Data

The historical data trend for PostRock Energy'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.

PostRock Energy Other Current Assets Chart

PostRock Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Other Current Assets
Get a 7-Day Free Trial 33.03 45.40 5.37 0.87 12.18

PostRock Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.44 12.18 12.73 9.46 9.39

PostRock Energy 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.


PostRock Energy Other Current Assets Related Terms

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PostRock Energy (PostRock Energy) Business Description

Traded in Other Exchanges
N/A
Address
210 Park Avenue, Oklahoma, OK, USA, 73102
PostRock Energy Corp together with its subsidiaries is an independent oil and gas company. The company is engaged in acquisition, exploration, development, production and gathering of crude oil and natural gas.
Executives
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Alexander P Lynch director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Ben A Guill 10 percent owner 600 TRAVIS, SUITE 6000, HOUSTON TX 77002
Edelman & Guill Energy L.p. director, 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
Edelman & Guill Energy Ltd. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Fi, L.p. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Te L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
White Deer Energy L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
Thomas J Edelman 10 percent owner 777 MAIN STREET SUITE 2500, FORT WORTH TX 76102
J Philip Mccormick director
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Jack T Collins officer: EVP & CFO 210 PARK AVENUE SUITE 2750 OKLAHOMA CITY OK 73102
Constellation Energy Group Inc 10 percent owner 100 CONSTELLATION WAY, BALTIMORE MD 21202
David C Lawler director, officer: CEO and President 9520 NORTH MAY STREET, SUITE 300, OKLAHOMA CITY OK 73120
Gary M Pittman director C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON, TX 77043

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