what does other assets mean in a company's balance sheet?

Answer 1

All the little stuff added up.

Answer 2

It means anything that is so small that it shouldn't have its own line on the balance sheet and also doesn't fit into any of the other asset categories. In my experience, prepaid expenses make up the largest portion of other assets and many balance sheets will say "Prepaids and Other Assets" instead of just "Other Assets" Some other examples of other assets include non-trade receivables (any receivable that is not related to the company's main source of revenue), prepaid insurance, any sort of employee benefits that the company paid for in advance of receiving the employee's payment for the item. But, really it can be anything in there. The financial statement footnote related to other assets should explain in general or specific what the items are.

Answer 3

Other Assets? Would mean anything representing a value (book value, lowest of, cost or present market value) on the Asset side of the Balance Sheet.

Answer 4

other assets are normally number of assets of different kind that cannot be classified under separate heads and are typically of smaller value with notes to accounts giving their description.

Answer 5

other things