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China Information Technology Inc (NAS:CNIT)
Other Long-Term Assets
$21.86 Mil (As of Jun. 2014)

China Information Technology Inc's other long-term assets for the quarter that ended in Jun. 2014 was $21.86 Mil.

China Information Technology Inc's quarterly other long-term assets increased from Jun. 2013 ($21.00 Mil) to Dec. 2013 ($21.25 Mil) and increased from Dec. 2013 ($21.25 Mil) to Jun. 2014 ($21.86 Mil).

China Information Technology Inc's annual other long-term assets declined from Dec. 2011 ($30.65 Mil) to Dec. 2012 ($22.21 Mil) and declined from Dec. 2012 ($22.21 Mil) to Dec. 2013 ($21.25 Mil).


Definition

Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.

A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Information Technology Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 0.000.000.008.993.084.9633.4430.6522.2121.25

China Information Technology Inc Semi-Annual Data

Dec10Mar11Jun11Sep11Dec11Jun12Dec12Jun13Dec13Jun14
Other Long-Term Assets 33.4432.4132.8732.3530.6530.8622.2121.0021.2521.86
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