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Doma Holdings (Doma Holdings) Other Current Assets : $6.0 Mil (As of Mar. 2024)


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What is Doma Holdings Other Current Assets?

Doma Holdings's other current assets for the quarter that ended in Mar. 2024 was $6.0 Mil.

Doma Holdings's quarterly other current assets declined from Sep. 2023 ($9.8 Mil) to Dec. 2023 ($7.8 Mil) and declined from Dec. 2023 ($7.8 Mil) to Mar. 2024 ($6.0Mil).

Doma Holdings's annual other current assets increased from Dec. 2021 ($4.1 Mil) to Dec. 2022 ($56.1 Mil) declined from Dec. 2022 ($56.1 Mil) to Dec. 2023 ($7.8 Mil).


Doma Holdings Other Current Assets Historical Data

The historical data trend for Doma Holdings'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.

Doma Holdings Other Current Assets Chart

Doma Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
- 7.49 4.13 56.07 7.79

Doma Holdings Quarterly Data
Dec19 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 2.89 4.93 9.83 7.79 6.05

Doma Holdings 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.


Doma Holdings Other Current Assets Related Terms

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Doma Holdings (Doma Holdings) Business Description

Traded in Other Exchanges
N/A
Address
101 Mission Street, Suite 740, San Francisco, CA, USA, 94105
Doma Holdings Inc is architecting the future of real estate transactions. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable. The company operates through two complementary segments- Distribution and Underwriting. Majority revenue is generated from Underwriting segment. Underwriting segment reflects the results of their title insurance underwriting business, including policies referred through Direct Agents and Third-Party Agents channels. The referring agents typically retain approximately 82% - 84% of the policy premiums in exchange for their services.
Executives
Michael Alan Smith officer: Chief Accounting Officer C/O CAPITALSOURCE INC., 5404 WISCONSIN AVENUE, 2ND FLOOR, CHEVY CHASE MD 20815
Maxwell Simkoff director, 10 percent owner, officer: Chief Executive Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Hasan Rizvi officer: Chief Technology Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Len X, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Lennar Corp /new/ 10 percent owner 5505 WATERFORD DISTRICT DRIVE, MIAMI FL 33126
Mark Ein director
Len Fw Investor, Llc 10 percent owner 700 NW 107 AVENUE, MIAMI FL 33172
Maxine Williams director 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Foundation Capital Viii, L.p. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Viii Principals Fund, L.l.c. 10 percent owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Lf Ii, L.l.c. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Foundation Capital Leadership Fund Ii, L.p. 10 percent owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Stuart A Miller director 700 NW 107TH AVE, MIAMI FL 33172
Christopher T Morrison officer: Chief Operating Officer 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105
Eric J Watson officer: General Counsel & Secretary 101 MISSION ST., SUITE 740, SAN FRANCISCO CA 94105