Current Liabilities

What does it mean?
Usually appearing on a company's balance sheet, it represents the amount owed for interest, accounts payable, short-term loans, expenses incurred but unpaid, and other debts due within one year.

In Other Words...
Essentially these is the bills that are due very shortly, usually less than one year.

Related Links
Introduction to Fundamental Analysis - Here's an easy-to-understand tutorial on the techniques of analyzing a company's financial statements, including the annual and quarterly reports, the auditor's report, and much more.

Related Terms
Accounts Payable | Balance Sheet | Current Assets | Liability | Other Current Liabilities

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