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EVgo (EVGO) Other Current Assets : $16.1 Mil (As of Mar. 2024)


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What is EVgo Other Current Assets?

EVgo's other current assets for the quarter that ended in Mar. 2024 was $16.1 Mil.

EVgo's quarterly other current assets increased from Sep. 2023 ($10.8 Mil) to Dec. 2023 ($14.1 Mil) and increased from Dec. 2023 ($14.1 Mil) to Mar. 2024 ($16.1Mil).

EVgo's annual other current assets increased from Dec. 2021 ($7.8 Mil) to Dec. 2022 ($10.2 Mil) increased from Dec. 2022 ($10.2 Mil) to Dec. 2023 ($14.1 Mil).


EVgo Other Current Assets Historical Data

The historical data trend for EVgo'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.

EVgo Other Current Assets Chart

EVgo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
1.93 4.94 7.78 10.21 14.08

EVgo Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.58 6.32 10.80 14.08 16.14

EVgo 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.


EVgo Other Current Assets Related Terms

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EVgo (EVGO) Business Description

Traded in Other Exchanges
Address
11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064
EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Executives
Dennis G Kish officer: Chief Operating Officer 955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan officer: CLO and General Counsel 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova officer: Chief Financial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee officer: Interim CFO 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac officer: Chief Operating & Tech Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi director, officer: Chief Executive Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig director C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson director 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi officer: Chief Revenue Officer 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy officer: Chief Commercial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata officer: Controller 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan director 69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh director C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201