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Houston American Energy Corp's other long-term assets for the quarter that ended in Sep. 2014 was $0.00 Mil.
Houston American Energy Corp's quarterly other long-term assets stayed the same from Mar. 2014 ($0.00 Mil) to Jun. 2014 ($0.00 Mil) but then increased from Jun. 2014 ($0.00 Mil) to Sep. 2014 ($0.00 Mil).
Houston American Energy Corp's annual other long-term assets declined from Dec. 2011 ($4.93 Mil) to Dec. 2012 ($0.00 Mil) but then increased from Dec. 2012 ($0.00 Mil) to Dec. 2013 ($0.00 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".
Houston American Energy Corp Annual Data
|Other Long-Term Assets||0.00||0.11||0.00||0.00||5.45||5.86||5.44||4.93||0.00||0.00|
Houston American Energy Corp Quarterly Data
|Other Long-Term Assets||1.67||1.67||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00|