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Mega Uranium (Mega Uranium) Other Current Assets : $0.01 Mil (As of Mar. 2024)


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What is Mega Uranium Other Current Assets?

Mega Uranium's other current assets for the quarter that ended in Mar. 2024 was $0.01 Mil.

Mega Uranium's quarterly other current assets increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.01 Mil) but then declined from Dec. 2023 ($0.01 Mil) to Mar. 2024 ($0.01Mil).

Mega Uranium's annual other current assets declined from Sep. 2021 ($0.04 Mil) to Sep. 2022 ($0.01 Mil) declined from Sep. 2022 ($0.01 Mil) to Sep. 2023 ($0.00 Mil).


Mega Uranium Other Current Assets Historical Data

The historical data trend for Mega Uranium'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.

Mega Uranium Other Current Assets Chart

Mega Uranium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.01 -

Mega Uranium 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 0.03 0.01 - 0.01 0.01

Mega Uranium 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.


Mega Uranium Other Current Assets Related Terms

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Mega Uranium (Mega Uranium) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Mega Uranium Ltd is a Canada-based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.

Mega Uranium (Mega Uranium) Headlines

From GuruFocus

Mega Uranium Ltd. Increases Private Placement

By GlobeNewswire GlobeNewswire 08-17-2018

Mega Uranium Ltd. Closes Final Tranche of Private Placement

By GlobeNewswire GlobeNewswire 12-24-2018

Mega Uranium Announces Ben Lomond Option Exercise

By GlobeNewswire GlobeNewswire 06-15-2022

Mega Uranium Acquires Additional Securities of Green Shift Commodities

By GlobeNewswire GlobeNewswire 12-23-2022

Mega Announces Refiled MD&A and AIF

By GlobeNewswire GlobeNewswire 05-15-2018