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Unior Kovaska industrija DD (XLJU:UKIG) Other Current Assets : €0.5 Mil (As of Mar. 2024)


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What is Unior Kovaska industrija DD Other Current Assets?

Unior Kovaska industrija DD's other current assets for the quarter that ended in Mar. 2024 was €0.5 Mil.

Unior Kovaska industrija DD's quarterly other current assets increased from Sep. 2023 (€0.1 Mil) to Dec. 2023 (€7.9 Mil) but then declined from Dec. 2023 (€7.9 Mil) to Mar. 2024 (€0.5Mil).

Unior Kovaska industrija DD's annual other current assets declined from Dec. 2021 (€4.5 Mil) to Dec. 2022 (€4.3 Mil) increased from Dec. 2022 (€4.3 Mil) to Dec. 2023 (€7.9 Mil).


Unior Kovaska industrija DD Other Current Assets Historical Data

The historical data trend for Unior Kovaska industrija DD'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.

Unior Kovaska industrija DD Other Current Assets Chart

Unior Kovaska industrija DD 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 2.30 3.67 4.47 4.28 7.88

Unior Kovaska industrija DD Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 0.12 0.12 0.12 7.88 0.49

Unior Kovaska industrija DD 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.


Unior Kovaska industrija DD Other Current Assets Related Terms

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Unior Kovaska industrija DD (XLJU:UKIG) Business Description

Traded in Other Exchanges
N/A
Address
Kovaska cesta 10, Zrece, SVN, 3214
Unior Kovaska industrija DD is a Slovenia-based company engaged in manufacturing forged parts, hand tools, and machine tools. It has five business segments. The Forge Programme segment develops, forges, sinters, and processes products and assemblies for the automotive industry and other buyers. Through the Hand Tools Programme segment, the company applies updated technological findings in the production of hand tools. The Special Machines Programme segment consists of the development and construction of specific-purpose CNC machine tools which are intended for the treatment of steel and aluminium blanks or blanks of other castings. Its other segments include Joint services and Maintenance. The majority of the revenue is derived from the Forge Programme in international countries.

Unior Kovaska industrija DD (XLJU:UKIG) Headlines

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