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Orbit International Corp (NAS:ORBT)
Other Long-Term Assets
$0.04 Mil (As of Jun. 2014)

Orbit International Corp's other long-term assets for the quarter that ended in Jun. 2014 was $0.04 Mil.

Orbit International Corp's quarterly other long-term assets increased from Dec. 2013 ($0.04 Mil) to Mar. 2014 ($0.04 Mil) but then stayed the same from Mar. 2014 ($0.04 Mil) to Jun. 2014 ($0.04 Mil).

Orbit International Corp's annual other long-term assets increased from Dec. 2011 ($1.83 Mil) to Dec. 2012 ($1.93 Mil) but then declined from Dec. 2012 ($1.93 Mil) to Dec. 2013 ($0.04 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.

Orbit International Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 1.262.421.902.311.972.061.951.831.930.04

Orbit International Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Other Long-Term Assets 1.411.361.751.931.712.031.990.040.040.04
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