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Matrix Asset Management, Inc.'s other long-term assets for the quarter that ended in Sep. 2013 was C$7.32 Mil.
Matrix Asset Management, Inc.'s quarterly other long-term assets declined from Mar. 2013 (C$22.90 Mil) to Jun. 2013 (C$22.51 Mil) and declined from Jun. 2013 (C$22.51 Mil) to Sep. 2013 (C$7.32 Mil).
Matrix Asset Management, Inc.'s annual other long-term assets declined from Dec. 2010 (C$40.44 Mil) to Dec. 2011 (C$27.04 Mil) and declined from Dec. 2011 (C$27.04 Mil) to Dec. 2012 (C$24.57 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".
Matrix Asset Management, Inc. Annual Data
|Other Long-Term Assets||13.89||18.68||19.66||15.22||16.01||14.39||36.59||40.44||27.04||24.57|
Matrix Asset Management, Inc. Quarterly Data
|Other Long-Term Assets||34.46||33.92||27.04||27.56||27.10||27.46||24.57||22.90||22.51||7.32|