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Garmin Ltd's other long-term assets for the quarter that ended in Sep. 2014 was $1,595 Mil.
Garmin Ltd's quarterly other long-term assets declined from Mar. 2014 ($1,718 Mil) to Jun. 2014 ($1,604 Mil) and declined from Jun. 2014 ($1,604 Mil) to Sep. 2014 ($1,595 Mil).
Garmin Ltd's annual other long-term assets increased from Dec. 2011 ($1,246 Mil) to Dec. 2012 ($1,641 Mil) and increased from Dec. 2012 ($1,641 Mil) to Dec. 2013 ($1,650 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".
Garmin Ltd Annual Data
|Other Long-Term Assets||259||346||409||389||264||769||877||1,246||1,641||1,650|
Garmin Ltd Quarterly Data
|Other Long-Term Assets||1,427||1,497||1,641||1,626||1,622||1,743||1,650||1,718||1,604||1,595|