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Blue Dolphin Energy Co (Blue Dolphin Energy Co) Other Current Assets : $1.2 Mil (As of Mar. 2024)


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What is Blue Dolphin Energy Co Other Current Assets?

Blue Dolphin Energy Co's other current assets for the quarter that ended in Mar. 2024 was $1.2 Mil.

Blue Dolphin Energy Co's quarterly other current assets declined from Sep. 2023 ($4.0 Mil) to Dec. 2023 ($1.7 Mil) and declined from Dec. 2023 ($1.7 Mil) to Mar. 2024 ($1.2Mil).

Blue Dolphin Energy Co's annual other current assets increased from Dec. 2021 ($2.6 Mil) to Dec. 2022 ($3.6 Mil) declined from Dec. 2022 ($3.6 Mil) to Dec. 2023 ($1.7 Mil).


Blue Dolphin Energy Co Other Current Assets Historical Data

The historical data trend for Blue Dolphin Energy Co'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.

Blue Dolphin Energy Co Other Current Assets Chart

Blue Dolphin Energy Co 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 2.48 3.74 2.59 3.58 1.70

Blue Dolphin Energy Co 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 5.99 5.07 3.98 1.70 1.23

Blue Dolphin Energy Co 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.


Blue Dolphin Energy Co Other Current Assets Related Terms

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Blue Dolphin Energy Co (Blue Dolphin Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
801 Travis Street, Suite 2100, Houston, TX, USA, 77002
Blue Dolphin Energy Co is a United States-based refiner and marketer of petroleum products. It operates in two segments: Refinery operations and Tolling and Terminaling. The vast majority of its revenue comes from Refinery operations that include refining and marketing petroleum products. Tolling and terminating operations relate to tolling and storage terminating services under related-party and third-party lease agreements.
Executives
Jonathan P Carroll 10 percent owner, officer: CEO & President 4265 SAN FELIPE, 8TH FLOOR, HOUSTON TX 77027
Ryan A. Bailey director C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Amitav Misra director 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Christopher Todd Morris director C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Blue Sky Langsa Ltd 10 percent owner 1509 EAST CHAPMAN AVE., ORANGE CA 92866
Tommy L Byrd officer: INTERIM CFO C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Herbert N Whitney director 400 EAST KALISTE SALOOM #1300, LAFAYETTE LA 70508
A Haag Sherman director 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Mcreynolds Thomas J Jr officer: CFO, SVP & Treasurer C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Thomas Wayne Heath officer: Executive Vice President 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
William J. Dale officer: CFO, Treasurer & Secretary 12918 PARK FOREST TRAIL, CYPRESS TX 77429
T Scott Howard officer: Accting Mgr, Asst Trea/Sect 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
John N Goodpasture director 1200 SMITH STREET, SUITE 2300, HOUSTON TX 77002
Michael S Chadwick director 3100 JP MORGAN CHASE TOWER, HOUSTON TX 77002
Erik Ostbye director 1599 POST ROAD EAST, WESTPORT CT 06880

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