Other Long term assets

Long-term assets (also called non-current, fixed, or capital assets) are those that a company may anticipate utilizing, replacing, and converting to cash after a regular operating cycle of at least 12 months. They have been frequently used for several years. This separates them from current assets, which are generally used within 12 months by businesses. They are considered illiquid assets since they are more difficult to convert to cash than current assets.

A company’s property, plant, and equipment are examples of Fixed assets, but they can also include long-term investments, patents, copyright, franchises, goodwill, trademarks and trade names, and software.