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CPUH.U (Compute Health Acquisition) Other Current Assets : $0.14 Mil (As of Mar. 2023)


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What is Compute Health Acquisition Other Current Assets?

Compute Health Acquisition's other current assets for the quarter that ended in Mar. 2023 was $0.14 Mil.

Compute Health Acquisition's quarterly other current assets declined from Sep. 2022 ($0.27 Mil) to Dec. 2022 ($0.07 Mil) but then increased from Dec. 2022 ($0.07 Mil) to Mar. 2023 ($0.14Mil).

Compute Health Acquisition's annual other current assets increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.78 Mil) declined from Dec. 2021 ($0.78 Mil) to Dec. 2022 ($0.07 Mil).


Compute Health Acquisition Other Current Assets Historical Data

The historical data trend for Compute Health 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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Compute Health Acquisition Other Current Assets Chart

Compute Health Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Other Current Assets
- 0.78 0.07

Compute Health Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.47 0.27 0.07 0.14

Compute Health 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:


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.


Compute Health Acquisition Other Current Assets Related Terms

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Compute Health Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1105 North Market Street, 4th Floor, Wilmington, DE, USA, 19890
Compute Health Acquisition Corp is a blank check company.
Executives
Omar Ishrak director, 10 percent owner 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Gwendolyn A Watanabe director C/O SARATOGA VENTURES, 210 ALMENDRA AVENUE, LOS GATOS CA 95030
Joshua A Fink director, 10 percent owner 540 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Michael Harsh director 3600 GREEN COURT, SUITE 350, ANN ARBOR MI 48105
Compute Health Sponsor Llc director, 10 percent owner 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Hani Barhoush director 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Jean Nehme director, 10 percent owner 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801
Compute Health Sponsor Ii Llc director, 10 percent owner 1105 N. MARKET STREET, SUITE 1300, WILIMINGTON DE 19801
Osama Alswailem director 1105 NORTH MARKET STREET, SUITE 1300, WILMINGTON DE 19801

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