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The One Group Hospitality (The One Group Hospitality) Other Current Assets : $4.6 Mil (As of Mar. 2024)


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What is The One Group Hospitality Other Current Assets?

The One Group Hospitality's other current assets for the quarter that ended in Mar. 2024 was $4.6 Mil.

The One Group Hospitality's quarterly other current assets declined from Sep. 2023 ($2.1 Mil) to Dec. 2023 ($1.8 Mil) but then increased from Dec. 2023 ($1.8 Mil) to Mar. 2024 ($4.6Mil).

The One Group Hospitality's annual other current assets declined from Dec. 2021 ($3.7 Mil) to Dec. 2022 ($2.1 Mil) declined from Dec. 2022 ($2.1 Mil) to Dec. 2023 ($1.8 Mil).


The One Group Hospitality Other Current Assets Historical Data

The historical data trend for The One Group Hospitality'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.

The One Group Hospitality Other Current Assets Chart

The One Group Hospitality 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 1.05 1.35 3.67 2.09 1.81

The One Group Hospitality 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 2.35 2.34 2.09 1.81 4.65

The One Group Hospitality 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.


The One Group Hospitality Other Current Assets Related Terms

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The One Group Hospitality (The One Group Hospitality) Business Description

Traded in Other Exchanges
Address
1624 Market Street, Suite 311, Denver, CO, USA, 80202
The One Group Hospitality Inc develops and operates restaurants and lounges and provides food and beverage services for hospitality venues, including hotels, casinos, and other high-end locations internationally. The company operates through four segments: STK, Kona Grill, ONE Hospitality, and Corporate. The company generates the vast majority of its revenue from the domestic market.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jonathan Segal director, officer: Director, Business Development 411 WEST 14TH STREET, NEW YORK NY 10014
Haydee Olinger director 1628 NEWTON AVENUE, PARK RIDGE IL 60068
Eugene M Bullis director 11825 N PENNSYLVANIA ST, CARMEL PA 46032
Emanuel N Hilario director, officer: President and CEO 640 N LASALLE STREET, SUITE 295, CHICAGO IL 60610
Christi Hing officer: Chief Accounting Officer 7150 E. CAMELBACK ROAD, SUITE 220, SCOTTSDALE AZ 85251
Susan Lintonsmith director 9552 E. SILENT HILLS PLACE, LONE TREE CO 80124
Michael Serruya director C/O RESPONSE GENETICS, INC., 1640 MARENGO ST., 6TH FLOOR, LOS ANGELES CA 90033
Tyler Loy officer: Chief Financial Officer 411 WEST 14TH STREET, NEW YORK NY 10014
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
Linda Siluk officer: Chief Administrative Officer C/O FAIRWAY GROUP HOLDINGS CORP., 2284 12TH AVENUE, NEW YORK NY 10027
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kin Chan director UNIT 601-2, 6TH FLOOR, ST. GEORGE'S BUILDING, 2 ICE HOUSE ST., CENTRAL K3 00000