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Soaltee Hotel (XNEP:SHL) Other Current Assets : NPR10 Mil (As of Dec. 2023)


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What is Soaltee Hotel Other Current Assets?

Soaltee Hotel's other current assets for the quarter that ended in Dec. 2023 was NPR10 Mil.

Soaltee Hotel's quarterly other current assets increased from Mar. 2023 (NPR14 Mil) to Jul. 2023 (NPR79 Mil) but then declined from Jul. 2023 (NPR79 Mil) to Dec. 2023 (NPR10Mil).

Soaltee Hotel's annual other current assets declined from Jul. 2021 (NPR74 Mil) to Jul. 2022 (NPR70 Mil) increased from Jul. 2022 (NPR70 Mil) to Jul. 2023 (NPR79 Mil).


Soaltee Hotel Other Current Assets Historical Data

The historical data trend for Soaltee Hotel'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.

Soaltee Hotel Other Current Assets Chart

Soaltee Hotel Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 57.61 29.93 73.62 70.28 79.00

Soaltee Hotel Quarterly Data
Jul17 Dec17 Mar18 Jul18 Dec18 Mar19 Jul19 Dec19 Mar20 Jul20 Dec20 Mar21 Jul21 Dec21 Mar22 Jul22 Dec22 Mar23 Jul23 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 70.28 9.26 13.75 79.00 10.28

Soaltee Hotel 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.


Soaltee Hotel Other Current Assets Related Terms

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Soaltee Hotel (XNEP:SHL) Business Description

Traded in Other Exchanges
N/A
Address
Tahachal, Post Box 3800, Kathmandu, NPL
Soaltee Hotel Ltd is a five-star hotel in Nepal. It is engaged in the tourism industry with its contribution of luxurious properties and hospitality across the region. The company operates hotels, a building block, a separate flight kitchen unit building, and seven presidential-regal suites for VVIPs. Its operating segment includes Core Hotel Business, Horizon Lounge, and Flight Catering, and the majority of its revenue is generated from the Hotel business.

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