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Aspen Technology Inc (NAS:AZPN)
Other Long-Term Assets
$50.0 Mil (As of Jun. 2014)

Aspen Technology Inc's other long-term assets for the quarter that ended in Jun. 2014 was $50.0 Mil.

Aspen Technology Inc's quarterly other long-term assets declined from Dec. 2013 ($39.6 Mil) to Mar. 2014 ($37.0 Mil) but then increased from Mar. 2014 ($37.0 Mil) to Jun. 2014 ($50.0 Mil).

Aspen Technology Inc's annual other long-term assets declined from Jun. 2012 ($78.7 Mil) to Jun. 2013 ($68.7 Mil) and declined from Jun. 2013 ($68.7 Mil) to Jun. 2014 ($50.0 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.

Aspen Technology Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Other Long-Term Assets 39.160.3172.6184.4183.8116.6129.978.768.750.0

Aspen Technology Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Other Long-Term Assets 100.478.771.564.798.068.751.039.637.050.0
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