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AGEDB Technology (TSXV:AGET) Other Current Assets : C$0.05 Mil (As of Jan. 2025)


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What is AGEDB Technology Other Current Assets?

AGEDB Technology's other current assets for the quarter that ended in Jan. 2025 was C$0.05 Mil.

AGEDB Technology's quarterly other current assets declined from Jul. 2024 (C$0.06 Mil) to Oct. 2024 (C$0.05 Mil) but then increased from Oct. 2024 (C$0.05 Mil) to Jan. 2025 (C$0.05Mil).

AGEDB Technology's annual other current assets increased from . 20 (C$0.00 Mil) to Apr. 2023 (C$0.08 Mil) declined from Apr. 2023 (C$0.08 Mil) to Apr. 2024 (C$0.06 Mil).


AGEDB Technology Other Current Assets Historical Data

The historical data trend for AGEDB Technology'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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AGEDB Technology Other Current Assets Chart

AGEDB Technology Annual Data
Trend Apr23 Apr24
Other Current Assets
0.08 0.06

AGEDB Technology Quarterly Data
Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Other Current Assets Get a 7-Day Free Trial Premium Member Only 0.19 0.06 0.06 0.05 0.05

AGEDB Technology 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.


AGEDB Technology Other Current Assets Related Terms

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AGEDB Technology Business Description

Traded in Other Exchanges
N/A
Address
1120 Finch Avenue West, Suite 702, Toronto, ON, CAN, M3J 3J7
AGEDB Technology Ltd is focused on the development of software and solutions for graph database management systems. Its core product AgensGraph Enterprise is a multi-model graph database designed for businesses demanding the highest performance, reliability, and scalability levels. It also offers professional consultancy services related to graph databases to its clients through AgensGraph Professional Services. The company operates in one principal geographical area, which is Canada.

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