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Unit Corp's other long-term assets for the quarter that ended in Jun. 2014 was $24 Mil.
Unit Corp's quarterly other long-term assets increased from Dec. 2013 ($25 Mil) to Mar. 2014 ($25 Mil) but then declined from Mar. 2014 ($25 Mil) to Jun. 2014 ($24 Mil).
Unit Corp's annual other long-term assets increased from Dec. 2011 ($21 Mil) to Dec. 2012 ($25 Mil) and increased from Dec. 2012 ($25 Mil) to Dec. 2013 ($25 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".
Unit Corp Annual Data
|Other Long-Term Assets||9||17||14||15||21||18||15||21||25||25|
Unit Corp Quarterly Data
|Other Long-Term Assets||17||27||28||25||25||31||26||25||25||24|