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Kabel Deutschland AG (FRA:KD8V) Other Current Assets : €99 Mil (As of Mar. 2021)


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What is Kabel Deutschland AG Other Current Assets?

Kabel Deutschland AG's other current assets for the quarter that ended in Mar. 2021 was €99 Mil.

Kabel Deutschland AG's quarterly other current assets increased from Mar. 2019 (€122 Mil) to Mar. 2020 (€144 Mil) but then declined from Mar. 2020 (€144 Mil) to Mar. 2021 (€99Mil).

Kabel Deutschland AG's annual other current assets increased from Mar. 2019 (€122 Mil) to Mar. 2020 (€144 Mil) declined from Mar. 2020 (€144 Mil) to Mar. 2021 (€99 Mil).


Kabel Deutschland AG Other Current Assets Historical Data

The historical data trend for Kabel Deutschland AG'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.

Kabel Deutschland AG Other Current Assets Chart

Kabel Deutschland AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.55 61.19 121.96 144.12 98.82

Kabel Deutschland AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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 46.55 61.19 121.96 144.12 98.82

Kabel Deutschland AG 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.


Kabel Deutschland AG Other Current Assets Related Terms

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Kabel Deutschland AG (FRA:KD8V) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland AG (FRA:KD8V) Headlines

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