current liabilities

(redirected from Short-Term Liabilities)
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Related to Short-Term Liabilities: other liabilities, Total Liabilities

Current liabilities

Amount owed for salaries, interest, accounts payable and other debts due within 1 year.

Current Liabilities

On a balance sheet, any liability expected to be paid off in one year or less. Common examples of current liabilities are short-term bills and accounts payable.

current liabilities

all obligations to pay out cash at some date in the near future, including amounts which a firm owes to trade CREDITORS and BANK LOANS/OVERDRAFTS. See WORKING CAPITAL, WORKING CAPITAL RATIO.

current liabilities

all obligations to pay out cash at some date in the near future, including amounts that a firm owes to trade CREDITORS and BANK LOANS/OVERDRAFTS. See WORKING CAPITAL.
References in periodicals archive ?
That is because the traditional current ratio encompasses both cycles, including both short-term liabilities and the current portion of long-term liabilities.
7 million of short-term liabilities from 2009 to 2011.
The new long-term credit facilities allow Mechel the flexibility to manage our short-term liabilities and navigate the near-term economic challenges while continuing to execute on our long-term strategy of developing production assets," said Mechel's Chief Financial Officer, Stanislav Ploschenko.
Companies that funded long-term assets with short-term liabilities may face liquidity problems, such as distressed sales of assets, when creditors won't roll over the short-term loans.
Uhm argued that there is a need to deal with the vulnerabilities that led to the crisis: both issues related to short-term liabilities and structural weaknesses.
The ministry said short-term liabilities to be paid within one year totaled 37.
Balance" refers to the fact that assets always equal liabilities, as well as that ideally there is coverage of short-term liabilities by short-term assets, and a balanced proportion between equity and debt.
Short-term liabilities are defined as accrued operating expenses, accrued taxes and any account payable no more than 90 days old, provided that it is non-interest-bearing for that period.
Payables and short-term liabilities were $12,000 in June 2011 and $22,000 for June 2010.
Net international reserves (NIR), which refer to the difference between the BSP s GIR and total short-term liabilities, increased by US$0.
While it has been a challenge to continue the development from sales proceeds, we have restructured the project to extend short-term liabilities and bring new funding partners on board.
The ratio of liquid assets to short-term liabilities, for example, increased from 76 per cent last January and now stands at 92 per cent," Al Hamiz said.

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