ASRE (Astra Energy) Other Current Assets: $2.52 Mil (As of May. 2025)


What is Astra Energy Other Current Assets?

Astra Energy ASRE +42.86% Other Current Assets is $2.52 Mil as of May. 2025.

Astra Energy's other current assets for the quarter that ended in May. 2025 was $2.52 Mil.

Astra Energy's quarterly other current assets increased from Nov. 2024 ($2.51 Mil) to Feb. 2025 ($2.52 Mil) but then declined from Feb. 2025 ($2.52 Mil) to May. 2025 ($2.52Mil).

Astra Energy's annual other current assets increased from Aug. 2022 ($-0.00 Mil) to Aug. 2023 ($0.00 Mil) increased from Aug. 2023 ($0.00 Mil) to Aug. 2024 ($2.50 Mil).


Astra Energy Other Current Assets Related Terms


Astra Energy Other Current Assets Historical Data

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The historical data trend for Astra Energy'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.

Astra Energy Other Current Assets Chart

Astra Energy Annual Data
Trend Sep05 Aug06 Aug07 Aug08 Aug09 Aug21 Aug22 Aug23 Aug24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only 0.05 0.00 -0.00 0.00 2.50

Astra Energy Quarterly Data
Nov09 Feb10 May10 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 0.00 2.50 2.51 2.52 2.52

Astra Energy 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $2.52 Mil mean?
Astra Energy (ASRE) has a Other Current Assets of $2.52 Mil as of May. 2025. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Astra Energy.
Is Astra Energy's Other Current Assets too high?
Astra Energy's current Other Current Assets is $2.52 Mil.
How does Astra Energy's Other Current Assets compare to FRVO?
Astra Energy's Other Current Assets of $2.52 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for an Utilities - Independent Power Producers company?
A good Other Current Assets depends on the Utilities - Independent Power Producers industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Astra Energy. Astra Energy's current Other Current Assets is $2.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Energy stock overvalued right now?
Astra Energy (ASRE) has a current Other Current Assets of $2.52 Mil. The current Other Current Assets is $2.52 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Astra Energy (ASRE), the current Other Current Assets is $2.52 Mil as of May. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Astra Energy Business Description

Address 1100 Benjamin Franklin Drive, Unit 802, Sarasota, FL, USA, 34236
Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.