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Marine Products Corp's other long-term assets for the quarter that ended in Sep. 2014 was $44.3 Mil.
Marine Products Corp's quarterly other long-term assets increased from Mar. 2014 ($43.4 Mil) to Jun. 2014 ($47.9 Mil) but then declined from Jun. 2014 ($47.9 Mil) to Sep. 2014 ($44.3 Mil).
Marine Products Corp's annual other long-term assets declined from Dec. 2011 ($52.2 Mil) to Dec. 2012 ($46.0 Mil) and declined from Dec. 2012 ($46.0 Mil) to Dec. 2013 ($42.3 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".
Marine Products Corp Annual Data
|Other Long-Term Assets||8.9||11.4||10.6||44.0||45.2||24.4||38.3||52.2||46.0||42.3|
Marine Products Corp Quarterly Data
|Other Long-Term Assets||59.1||58.4||46.0||46.0||42.7||43.4||42.3||43.4||47.9||44.3|