Explore what short/current long-term debt is, how it’s reported on balance sheets, and its impact on financial health.

Debt comes in many forms like mortgages, student loans, credit cards and national debt. It can be advantageous or detrimental to personal, corporate or national finances. Some try to evade debt at all ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Learn how the long-term debt-to-total-assets ratio reveals a company's financial health by showing what portion of its assets is financed by long-term debt.

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...

A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholder's equity. A balance sheet is a type of financial statement. It gives you an ...

Julia is a writer in New York and started covering tech and business during the pandemic. She also covers books and the publishing industry. With over a decade of editorial experience, Rob Watts ...

Businesses may have short-term and long-term debt to finance different areas of the company. You typically have to repay short-term debt within a year. It can include money you owe for wages, accounts ...

Long-term debt (also called long-term liabilities) is a financial obligation that extends past a 12-month period. This is the opposite of short-term liabilities, which are loans due within a year. Let ...