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Hormel Foods Corp's other long-term assets for the quarter that ended in Oct. 2014 was $540 Mil.
Hormel Foods Corp's quarterly other long-term assets increased from Apr. 2014 ($599 Mil) to Jul. 2014 ($629 Mil) but then declined from Jul. 2014 ($629 Mil) to Oct. 2014 ($540 Mil).
Hormel Foods Corp's annual other long-term assets increased from Oct. 2012 ($565 Mil) to Oct. 2013 ($601 Mil) but then declined from Oct. 2013 ($601 Mil) to Oct. 2014 ($540 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".
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Hormel Foods Corp Annual Data
|Other Long-Term Assets||262||309||437||430||404||503||576||565||601||540|
Hormel Foods Corp Quarterly Data
|Other Long-Term Assets||593||565||555||563||546||601||592||599||629||540|