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Zhibao Technology (Zhibao Technology) Total Current Assets : $15.88 Mil (As of Jun. 2023)


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What is Zhibao Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zhibao Technology's total current assets for the quarter that ended in Jun. 2023 was $15.88 Mil.

Zhibao Technology Total Current Assets Historical Data

The historical data trend for Zhibao Technology's Total 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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Zhibao Technology Total Current Assets Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22 Jun23
Total Current Assets
7.88 12.58 15.88

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Total Current Assets 7.88 - 12.58 46.61 15.88

Zhibao Technology Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Zhibao Technology's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.379+12.047+0+2.452
=15.88

Zhibao Technology's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.379+12.047+0+2.452
=15.88

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Zhibao Technology  (NAS:ZBAO) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Zhibao Technology's Liquidation Value for the quarter that ended in Jun. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.379-13.486+0.75 * 10.857+0.5 * 0
=-3.96

* 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.

Zhibao Technology Total Current Assets Related Terms

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Zhibao Technology (Zhibao Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Website
https://www.zhibao-tech.com
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

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