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Grindr (Grindr) Other Current Assets : $11.1 Mil (As of Mar. 2024)


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What is Grindr Other Current Assets?

Grindr's other current assets for the quarter that ended in Mar. 2024 was $11.1 Mil.

Grindr's quarterly other current assets declined from Sep. 2023 ($9.9 Mil) to Dec. 2023 ($8.7 Mil) but then increased from Dec. 2023 ($8.7 Mil) to Mar. 2024 ($11.1Mil).

Grindr's annual other current assets increased from Dec. 2021 ($7.0 Mil) to Dec. 2022 ($12.0 Mil) declined from Dec. 2022 ($12.0 Mil) to Dec. 2023 ($8.7 Mil).


Grindr Other Current Assets Historical Data

The historical data trend for Grindr'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.

Grindr Other Current Assets Chart

Grindr Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
- 5.18 6.98 12.02 8.70

Grindr Quarterly Data
Dec19 Dec20 Jun21 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 11.99 10.18 9.87 8.70 11.13

Grindr 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.


Grindr Other Current Assets Related Terms

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Grindr (Grindr) Business Description

Traded in Other Exchanges
N/A
Address
750 N. San Vincente Boulevard, Suite RE 1400, PO Box 69176750, West Hollywood, CA, USA, 90069
Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.
Executives
George Arison director, officer: Chief Executive Officer 3727 LA DONNA AVENUE, PALO ALTO CA 94306
Zage George Raymond Iii director, 10 percent owner C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Kye Chen officer: Chief Accounting Officer C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069
Carman Wong other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Maggie Lower director 5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660
Gary I. Horowitz director 350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011
Daniel Brooks Baer director 1443 Q STREET NW, WASHINGTON DC 20009
Meghan Stabler director 4502 HARVEY PENICK DR, ROUND ROCK TX 78664
Austin J Balance officer: Chief Product Officer 750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069
Lu James Fu Bin director, 10 percent owner C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Ashish Gupta other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Gearon J Michael Jr director, 10 percent owner 3350 RIVERWOOD PARKWAY, SUITE 425, ATLANTA GA 30339
Ben Falloon other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Vandana Mehta-krantz officer: Chief Financial Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
David Christopher Ryan other: Former Director of Grindr Inc. C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401