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The Intergroup (The Intergroup) Other Current Assets : $4.23 Mil (As of Mar. 2024)


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What is The Intergroup Other Current Assets?

The Intergroup's other current assets for the quarter that ended in Mar. 2024 was $4.23 Mil.

The Intergroup's quarterly other current assets declined from Sep. 2023 ($6.07 Mil) to Dec. 2023 ($2.94 Mil) but then increased from Dec. 2023 ($2.94 Mil) to Mar. 2024 ($4.23Mil).

The Intergroup's annual other current assets increased from Jun. 2021 ($9.14 Mil) to Jun. 2022 ($9.76 Mil) declined from Jun. 2022 ($9.76 Mil) to Jun. 2023 ($7.56 Mil).


The Intergroup Other Current Assets Historical Data

The historical data trend for The Intergroup'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.

The Intergroup Other Current Assets Chart

The Intergroup Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.04 14.80 9.14 9.76 7.56

The Intergroup 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 6.43 7.56 6.07 2.94 4.23

The Intergroup 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.


The Intergroup Other Current Assets Related Terms

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The Intergroup (The Intergroup) Business Description

Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
The Intergroup Corp is an us-based company operating in the real estate sector. It is formed to buy, develop, operate, rehabilitate and dispose of real property of various types and descriptions, and to engage in other related business and investment activities. The company operates through three segments namely Hotel Operations, Real Estate Operations, and Investment Transactions. The Hotel Operations segment which generates the majority of the revenue covers the operation of the Hilton hotel and garage. The Real Estate Operations segment consists of the operation of multifamily rental properties whereas the Investment Transactions segment includes an investment of cash in marketable securities and other investments.
Executives
John C Love director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Babin C Jerold director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Danfeng Xu officer: Treasurer and Controller 1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024
Yvonne L Murphy director 10940 WILSHIRE BLVD., SUITE 2150, LOS ANGELES X1 90024
David T Nguyen officer: TREASURER 10940 WILSHIRE BLVD, SUITE 2150, LOS ANGELES CA 90024
Michael G Zybala 10 percent owner PO BOX 270828, SAN DIEGO CA 92198-2828
John V Winfield director, 10 percent owner, officer: President & CEO 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Michael Gary Zybala officer: Asst. Secretary & Gen. Counsel 16912 ABUNDANTE ST, SAN DIEGO CA 92127
David C Gonzalez officer: Vice President Real Estate
Gary N Jacobs director, officer: Secretary MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Josef A Grunwald director 820 MORAGA DRIVE, LOS ANGELES CA 90049
Mildred Bond Roxborough director 39 BROADWAY, SUITE 2200, NEW YORK NY 10006

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