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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Other Current Assets : $0.03 Mil (As of Dec. 2023)


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What is Integrated Rail and Resources Acquisition Other Current Assets?

Integrated Rail and Resources Acquisition's other current assets for the quarter that ended in Dec. 2023 was $0.03 Mil.

Integrated Rail and Resources Acquisition's quarterly other current assets declined from Jun. 2023 ($0.20 Mil) to Sep. 2023 ($0.09 Mil) and declined from Sep. 2023 ($0.09 Mil) to Dec. 2023 ($0.03Mil).

Integrated Rail and Resources Acquisition's annual other current assets increased from Dec. 2021 ($0.41 Mil) to Dec. 2022 ($0.43 Mil) declined from Dec. 2022 ($0.43 Mil) to Dec. 2023 ($0.03 Mil).


Integrated Rail and Resources Acquisition Other Current Assets Historical Data

The historical data trend for Integrated Rail and Resources Acquisition'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.

Integrated Rail and Resources Acquisition Other Current Assets Chart

Integrated Rail and Resources Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Other Current Assets
0.41 0.43 0.03

Integrated Rail and Resources Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.35 0.20 0.09 0.03

Integrated Rail and Resources Acquisition 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.


Integrated Rail and Resources Acquisition Other Current Assets Related Terms

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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Integrated Rail and Resources Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach officer: General Counsel 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel officer: Chief Financial Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel director, officer: Chief Executive Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher director, officer: Chief Acquisition Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel director, officer: Chief Operating Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109