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Excelerate Energy (Excelerate Energy) Other Current Assets : $13 Mil (As of Mar. 2024)


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What is Excelerate Energy Other Current Assets?

Excelerate Energy's other current assets for the quarter that ended in Mar. 2024 was $13 Mil.

Excelerate Energy's quarterly other current assets declined from Sep. 2023 ($17 Mil) to Dec. 2023 ($13 Mil) but then increased from Dec. 2023 ($13 Mil) to Mar. 2024 ($13Mil).

Excelerate Energy's annual other current assets increased from Dec. 2021 ($19 Mil) to Dec. 2022 ($23 Mil) declined from Dec. 2022 ($23 Mil) to Dec. 2023 ($13 Mil).


Excelerate Energy Other Current Assets Historical Data

The historical data trend for Excelerate Energy'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.

Excelerate Energy Other Current Assets Chart

Excelerate Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
7.16 14.89 18.67 23.45 12.96

Excelerate Energy 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 15.92 19.87 17.49 12.96 13.14

Excelerate Energy 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.


Excelerate Energy Other Current Assets Related Terms

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Excelerate Energy (Excelerate Energy) Business Description

Traded in Other Exchanges
N/A
Address
2445 Technology Forest Boulevard, Level 6, The Woodlands, TX, USA, 77381
Excelerate Energy Inc is engaged in flexible LNG solutions, providing integrated services along the LNG value chain. The company offers a full range of flexible regasification services from FSRUs to infrastructure development, to LNG and natural gas supply.
Executives
David A. Liner officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD, THE WOODLANDS TX 77381
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Daniel H Bustos officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Michael Anthony Bent officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Excelerate Energy Holdings, Llc 10 percent owner 6733 S. YALE AVE., TULSA OK 74136
Excelerate Holdings, Llc 10 percent owner 6733 S. YALE AVE., TULSA OK 74136
Hood Alisa Newman officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Steven M Kobos director, officer: President and CEO C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Henry G Kleemeier director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Paul T Hanrahan director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Calvin A Bancroft officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Dana A Armstrong officer: See Remarks C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Robert Waldo director 6733 S. YALE AVE., TULSA, OK 74136
Amy Thompson Broussard officer: See Remarks C/O APERGY CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4, FL 9, THE WOODLANDS TX 77381
Don P. Millican director 6733 S. YALE AVE., TULSA OK 74136

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