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Contango Oil & Gas Co's other long-term assets for the quarter that ended in Sep. 2014 was $59.9 Mil.
Contango Oil & Gas Co's quarterly other long-term assets increased from Mar. 2014 ($55.7 Mil) to Jun. 2014 ($58.0 Mil) and increased from Jun. 2014 ($58.0 Mil) to Sep. 2014 ($59.9 Mil).
Contango Oil & Gas Co's annual other long-term assets increased from Jun. 2011 ($1.3 Mil) to Jun. 2012 ($53.1 Mil) and increased from Jun. 2012 ($53.1 Mil) to Jun. 2013 ($63.3 Mil).
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".
Contango Oil & Gas Co Annual Data
|Other Long-Term Assets||5.0||10.8||13.6||14.4||3.9||1.5||0.1||1.3||53.1||63.3|
Contango Oil & Gas Co Quarterly Data
|Other Long-Term Assets||53.1||46.5||47.6||60.1||0.0||49.7||53.2||55.7||58.0||59.9|