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JZ (Jianzhi Education Technology Group Co) Other Current Assets : $0.50 Mil (As of Jun. 2024)


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What is Jianzhi Education Technology Group Co Other Current Assets?

Jianzhi Education Technology Group Co's other current assets for the quarter that ended in Jun. 2024 was $0.50 Mil.

Jianzhi Education Technology Group Co's quarterly other current assets declined from Jun. 2023 ($19.94 Mil) to Dec. 2023 ($11.18 Mil) and declined from Dec. 2023 ($11.18 Mil) to Jun. 2024 ($0.50Mil).

Jianzhi Education Technology Group Co's annual other current assets declined from Dec. 2021 ($47.35 Mil) to Dec. 2022 ($37.41 Mil) declined from Dec. 2022 ($37.41 Mil) to Dec. 2023 ($11.18 Mil).


Jianzhi Education Technology Group Co Other Current Assets Historical Data

The historical data trend for Jianzhi Education Technology Group Co'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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Jianzhi Education Technology Group Co Other Current Assets Chart

Jianzhi Education Technology Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
2.65 0.76 47.35 37.41 11.18

Jianzhi Education Technology Group Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.98 37.41 19.94 11.18 0.50

Jianzhi Education Technology Group Co 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.


Jianzhi Education Technology Group Co Other Current Assets Related Terms

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Jianzhi Education Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
Zhichun Road, 27th Floor, Tower A, Yingdu Building, Haidian District, Beijing, CHN, 100086
Jianzhi Education Technology Group Co Ltd engages in developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. The company and its subsidiaries VIE and VIEs generate subscription revenue through selling subscriptions to online learning platforms, higher education institutions, and other institutional customers under a B2B2C model mainly through the platform of Sentu Academy; offering subscriptions concerning educational content in mobile video packages directly to end users under a B2C model through the platforms such as Fish Learning or Light Class, etc. It has two operating segments: Educational content services and other services and IT-related solution services.

Jianzhi Education Technology Group Co Headlines