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Uniti Group's other current assets for the quarter that ended in Mar. 2024 was $8 Mil.
Uniti Group's quarterly other current assets increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($29 Mil) but then declined from Dec. 2023 ($29 Mil) to Mar. 2024 ($8Mil).
Uniti Group's annual other current assets stayed the same from Dec. 2021 ($0 Mil) to Dec. 2022 ($0 Mil) increased from Dec. 2022 ($0 Mil) to Dec. 2023 ($29 Mil).
The historical data trend for Uniti Group'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.
Uniti Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | - | 93.34 | - | - | 28.61 |
Uniti Group 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 | - | - | - | 28.61 | 7.68 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Uniti Group's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Kenny Gunderman | director, officer: See Remarks | C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712 |
Michael Friloux | officer: EVP - Chief Technology Officer | 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
Paul Bullington | officer: Interim CFO and PFO | 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
Travis Black | officer: Interim PAO | 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
Carmen Perez-carlton | director | 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
David L Solomon | director | 5847 SAN FELIPE SUITE 320, HOUSTON TX 77057 |
Blake Schuhmacher | officer: Principal Accounting Officer | 10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211 |
Daniel L Heard | officer: See Remarks | 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202 |
Ronald J. Mudry | officer: EVP-Pres of Fiber Operations | 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
Andrew Frey | director | 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
Scott G. Bruce | director | 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211 |
Windstream Holdings, Inc. | 10 percent owner | 4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212 |
Windstream Services, Llc | 10 percent owner | 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212 |
Jennifer S Banner | director | 214N TRYON STREET, CHARLOTTE NC 28202 |
Francis X Frantz | director | ONE ALLIED DRIVE, LITTLE ROCK AR 72202 |
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