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ZST Digital Networks (ZST Digital Networks) Other Current Assets : $3.3 Mil (As of Sep. 2011)


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What is ZST Digital Networks Other Current Assets?

ZST Digital Networks's other current assets for the quarter that ended in Sep. 2011 was $3.3 Mil.

ZST Digital Networks's quarterly other current assets increased from Mar. 2011 ($1.8 Mil) to Jun. 2011 ($4.0 Mil) but then declined from Jun. 2011 ($4.0 Mil) to Sep. 2011 ($3.3Mil).

ZST Digital Networks's annual other current assets declined from Dec. 2008 ($3.0 Mil) to Dec. 2009 ($1.1 Mil) increased from Dec. 2009 ($1.1 Mil) to Dec. 2010 ($1.7 Mil).


ZST Digital Networks Other Current Assets Historical Data

The historical data trend for ZST Digital Networks'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.

* Premium members only.

ZST Digital Networks Other Current Assets Chart

ZST Digital Networks Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Other Current Assets
0.74 0.78 3.04 1.06 1.71

ZST Digital Networks Quarterly Data
Dec06 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.98 1.71 1.80 4.00 3.29

ZST Digital Networks 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.


ZST Digital Networks Other Current Assets Related Terms

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ZST Digital Networks (ZST Digital Networks) Business Description

Traded in Other Exchanges
N/A
Address
No. 206 Tongbai Road, ITC Kung Kuan, 3rd Floor, No.2 Building, Henan Province, Zhengzhou, CHN, 450007
ZST Digital Networks Inc is a China-based Company, mainly engaged in supplying digital and optical network equipment and providing installation services to cable system operators in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises.
Executives
Richard Rappaport 10 percent owner 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
Debbie Schwartzberg other: No longer a 10% owner C/O SRKP 1, INC., 1900 AVENUE OF THE STARS, SUITE 310, LOS ANGELES CA 90067
Anthony C Pintsopoulos other: No longer a 10% owner 1063 HILLSBORO MILE, SUITE 502, HILLSBORO BEACH FL 33062

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