debtthat, in the event of default, has first claim on specified assets. Senior debt debtthat, in the event of bankruptcy, must be repaid before subordinateddebtreceives any payment. Short-term financial plan A financial plan that covers the coming fiscal year. Short-term investment services Serv...
Definition of Long-term Debt In accounting, long-term debt generally refers to a company’s loans and other liabilities that will not become due within one year of the balance sheet date. (The amount that will be due within one year is reported on the balance sheet as a current liability...
* Notes payable, long-term debt and equity generally do not vary directly with sales because they depend on management decisions about capital structure* The change in the retained earnings portion of equity will come from the dividend decision Growth and External Financing * At low growth levels...
Ford Motor Co. (F) reported approximately $28.4 billion of other long-term liabilities on its balance sheet for fiscal year (FY) 2020, representing around 10% of total liabilities. In the notes to the financial statements, the main components were broken down into pension liabilities, other ...
Share on Facebook funded debt (redirected fromLong-term debt) Financial Related to Long-term debt:retained earnings,Long-term debt ratio fund·ed debt (fŭn′dĭd) n. Debt with a fixed rate of interest and a maturity of longer than one year. ...
The development of long term debt market has been realised by government as critical for financing a basic, non-tradeable infrastructural facilities where the project cost is very large and the gestation period is longer. The Insurance, Pension, and Provident Fund being major source of long term...
Definition of Current Portion of Long-Term Debt The current portion of long-term debt is the amount of principal that will be due within one year of the date of the balance sheet. This amount is reported on the balance sheet as one of the company’s current liabilities. (A company in ...
concern, provided that the obligations in question are relatively small compared to the company's total liabilities. They should also be comparable to how the company has operated in the past—sometimes, year-to-year comparisons of other long-term liabilities are provided in financial statement ...
This treatment likely would result in no debt ever appearing in the current liabilities portion of the statement of financial position. It is allowable only if the company has the intention to refinance the debt on a long-term basis rather than simply rolling over the debt into another short-...
Long-term debt is debt thatmaturesin more than one year. Long-term debt can be viewed from two perspectives: financial statement reporting by the issuer and financial investing. In financial statement reporting, companies must record long-term debt issuance and all of its associated payment obligat...