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Electro Rent Corp (NAS:ELRC)
Other Long-Term Assets
$23.8 Mil (As of Aug. 2014)

Electro Rent Corp's other long-term assets for the quarter that ended in Aug. 2014 was $23.8 Mil.

Electro Rent Corp's quarterly other long-term assets increased from Feb. 2014 ($21.8 Mil) to May. 2014 ($22.2 Mil) and increased from May. 2014 ($22.2 Mil) to Aug. 2014 ($23.8 Mil).

Electro Rent Corp's annual other long-term assets declined from May. 2012 ($23.3 Mil) to May. 2013 ($21.3 Mil) but then increased from May. 2013 ($21.3 Mil) to May. 2014 ($22.2 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.

Electro Rent Corp Annual Data

May05May06May07May08May09May10May11May12May13May14
Other Long-Term Assets 3.34.35.75.47.212.419.823.321.322.2

Electro Rent Corp Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Other Long-Term Assets 23.321.717.417.721.316.515.521.822.223.8
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