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Garmin Ltd (NAS:GRMN)
Other Long-Term Assets
$1,595 Mil (As of Sep. 2014)

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).


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.

Garmin Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 2593464093892647698771,2461,6411,650

Garmin Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Other Long-Term Assets 1,4271,4971,6411,6261,6221,7431,6501,7181,6041,595
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