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KeyStar (KeyStar) Other Current Assets : $0.77 Mil (As of Mar. 2024)


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What is KeyStar Other Current Assets?

KeyStar's other current assets for the quarter that ended in Mar. 2024 was $0.77 Mil.

KeyStar's quarterly other current assets declined from Sep. 2023 ($1.90 Mil) to Dec. 2023 ($0.87 Mil) and declined from Dec. 2023 ($0.87 Mil) to Mar. 2024 ($0.77Mil).

KeyStar's annual other current assets declined from Jun. 2021 ($0.01 Mil) to Jun. 2022 ($0.01 Mil) increased from Jun. 2022 ($0.01 Mil) to Jun. 2023 ($1.20 Mil).


KeyStar Other Current Assets Historical Data

The historical data trend for KeyStar'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.

KeyStar Other Current Assets Chart

KeyStar Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Other Current Assets
- 0.01 0.01 1.20

KeyStar Quarterly Data
Jun20 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 0.05 1.20 1.90 0.87 0.77

KeyStar 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.


KeyStar Other Current Assets Related Terms

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KeyStar (KeyStar) Business Description

Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 800, Miami, FL, USA, 33130
KeyStar Corp owns and operates ZenSports, a mobile gaming platform for consumers that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies.
Executives
Zensports, Inc. 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Mark Anthony Thomas 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Zixiao Chen director, 10 percent owner, officer: CFO and Treasurer 4616 W. SAHARA AVE., SUITE 256, LAS VEGAS NV 89103
Steven J Lane director, 10 percent owner, officer: President and CEO 9620 LAS VEGAS BLVD. S, STE E4-98, LAS VEGAS NV 89123

KeyStar (KeyStar) Headlines

From GuruFocus

KeyStar Corp. Opens New Round of Funding

By ACCESSWIRE 07-24-2023

ZenSports Launches Sports Betting App in Tennessee

By ACCESSWIRE ACCESSWIRE 06-08-2023

KeyStar Corp. Closes $2.9M+ Round of Funding

By ACCESSWIRE ACCESSWIRE 05-11-2023

KeyStar Corp. Receives Tennessee Sports Betting License

By ACCESSWIRE ACCESSWIRE 05-25-2023