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Ark Restaurants Corp's other long-term assets for the quarter that ended in Jun. 2014 was $12.6 Mil.
Ark Restaurants Corp's quarterly other long-term assets declined from Dec. 2013 ($11.6 Mil) to Mar. 2014 ($11.1 Mil) but then increased from Mar. 2014 ($11.1 Mil) to Jun. 2014 ($12.6 Mil).
Ark Restaurants Corp's annual other long-term assets declined from Sep. 2011 ($8.1 Mil) to Sep. 2012 ($5.9 Mil) but then increased from Sep. 2012 ($5.9 Mil) to Sep. 2013 ($10.7 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".
Ark Restaurants Corp Annual Data
|Other Long-Term Assets||7.1||6.7||8.2||5.4||5.2||5.9||6.6||8.1||5.9||10.7|
Ark Restaurants Corp Quarterly Data
|Other Long-Term Assets||8.1||6.5||5.9||6.9||11.1||11.9||10.7||11.6||11.1||12.6|