Current liabilities are short-term financial obligations due within a year. Investors use the current ratio to assess a company’s ability to meet these obligations. A current ratio above 1 suggests a ...

Total Current Liabilities represent the sum of all short-term financial obligations a company must settle within a year. These include debts and other liabilities due in the near term, such as ...

Business leaders love to talk about revenues, net profits and assets. After all, those are all positive numbers on a balance sheet that can make a company look great. They are also how a company ...

In accounting terms, a liability is an amount that you owe a creditor. Liabilities generally fall into two categories -- current and long-term. Current liabilities include debts you owe that you ...

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Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A contingent liability is a potential obligation that hinges on ...