GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Netstreit Corp (NYSE:NTST) » Definitions » Other Current Assets

Netstreit (Netstreit) Other Current Assets : $65.8 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Netstreit Other Current Assets?

Netstreit's other current assets for the quarter that ended in Dec. 2023 was $65.8 Mil.

Netstreit's quarterly other current assets increased from Jun. 2023 ($44.3 Mil) to Sep. 2023 ($45.6 Mil) and increased from Sep. 2023 ($45.6 Mil) to Dec. 2023 ($65.8Mil).

Netstreit's annual other current assets increased from Dec. 2021 ($4.4 Mil) to Dec. 2022 ($32.0 Mil) increased from Dec. 2022 ($32.0 Mil) to Dec. 2023 ($65.8 Mil).


Netstreit Other Current Assets Historical Data

The historical data trend for Netstreit'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.

Netstreit Other Current Assets Chart

Netstreit Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial 9.63 15.79 4.42 31.96 65.79

Netstreit Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 31.96 11.80 44.31 45.61 65.79

Netstreit 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.


Netstreit Other Current Assets Related Terms

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


Netstreit (Netstreit) Business Description

Traded in Other Exchanges
Address
2021 McKinney Avenue, Suite 1150, Dallas, TX, USA, 75201
Netstreit Corp is structured as an umbrella partnership real estate investment trust. The company acquires, owns and manages commercial single-tenant lease properties, with the majority being long-term triple-net leases where the tenant is generally responsible for all improvements and contractually obligated to pay all operating costs (such as real estate taxes, utilities and repairs and maintenance costs).
Executives
Daniel P Donlan officer: CFO and Treasurer 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201
Mark Manheimer director, officer: President and CEO 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Andrew P Blocher officer: CFO, Treasurer and Secretary 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Heidi Everett director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Matthew A Troxell director TWO SEAPORT LANE, BOSTON MA 02110
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Lori Wittman director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
David Busker director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Murtaza Ali director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Todd Minnis director 5910 N. CENTRAL EXPRESSWAY, SUITE 1600, DALLAS TX 75206
Tilden Park Management I Llc 10 percent owner 452 FIFTH AVE., 28TH FLOOR, NEW YORK NY 10018
Long Pond Capital, Lp 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Long Pond Capital Gp, Llc 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
John Khoury 10 percent owner 527 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Robin Mcbride Zeigler director 44 SOUTH BAYLES AVENUE, PORT WASHINGTON NY 11050