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Digital World Acquisition Other Current Assets

: $0.24 Mil (As of Mar. 2022)
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Digital World Acquisition's other current assets for the quarter that ended in Mar. 2022 was $0.24 Mil.

Digital World Acquisition's quarterly other current assets increased from Sep. 2021 ($0.00 Mil) to Dec. 2021 ($0.24 Mil) and increased from Dec. 2021 ($0.24 Mil) to Mar. 2022 ($0.24Mil).

Digital World Acquisition's annual other current assets stayed the same from . 20 ($0.00 Mil) to Dec. 2020 ($0.00 Mil) increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.24 Mil).

Digital World Acquisition Other Current Assets Historical Data

The historical data trend for Digital World 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.

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Digital World Acquisition Annual Data
Trend Dec20 Dec21
Other Current Assets
- 0.24

Digital World Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22
Other Current Assets - - - 0.24 0.24

Digital World 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:

Trade Receivables

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.

Digital World Acquisition Other Current Assets Related Terms

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Digital World Acquisition Business Description

Digital World Acquisition logo
Traded in Other Exchanges
78 SW 7th Street, Miami, FL, USA, 33130
Digital World Acquisition Corp is a blank check company.
Barclays Plc 10 percent owner 1 CHURCHILL PLACE CANARY WHARF LONDON X0 E14 5HP
Orlando Patrick Francis director, 10 percent owner, officer: CEO and Chairman 212 E 48TH STREET - PHB NEW YORK NY 10017
Shaner Justin director 2000 S BAYSHORE DR UNIT 20 MIAMI FL 33133
Swider Eric director 2000 S BAYSHORE DR UNIT 20 MIAMI FL 33133
Veloso Rodrigo director 78 SW 7TH STREET MIAMI FL 33130
Garelick Bruce J. director 78 SW 7TH STREET MIAMI FL 33130
Montie Jacobson director 78 SW 7TH STREET MIAMI FL 33130
Orleans-braganza Luiz officer: Chief Financial Officer 78 SW 7TH STREET MIAMI FL 33130
Arc Global Investments Ii Llc 10 percent owner 78 SW 7TH STREET MIAMI FL 33130

Digital World Acquisition Headlines

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