Non-Interest-Bearing Current Liability - NIBCL

A A A

DEFINITION

A category of debt entered on the liabilities side of a balance sheet under current liabilities. While a NIBCL is debt, representing a sum of money that the company owes and must pay within one year, it does not require interest payments.



INVESTOPEDIA EXPLAINS

Here are some types of non-interest-bearing current liabilities:

- accounts payable that have no associated fees or interest
- taxes that have not yet been paid and are not increasing because of penalties or interest
- current income taxes that must be paid by the end of the year




RELATED TERMS
  1. Other Current Liabilities

    A balance sheet entry used by companies to group together current liabilities ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term ...
  3. Current Assets

    1. A balance sheet account that represents the value of all assets that are ...
  4. Current Liabilities

    A company's debts or obligations that are due within one year. Current liabilities ...
  5. Liability

    A company's legal debts or obligations that arise during the course of business ...
  6. Working Capital

    This ratio indicates whether a company has enough short term assets to cover ...
  7. Amortization

    1. The paying off of debt in regular installments over a period of time. 2. ...
  8. Price-To-Cash-Flow Ratio

    The ratio of a stock’s price to its cash flow per share. The price-to-cash-flow ...
  9. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. ...
  10. Accumulated Other Comprehensive ...

    Expenses, gains, and losses reported in the stockholder’s equity section of ...
Related Articles
  1. Reading The Balance Sheet
    Investing Basics

    Reading The Balance Sheet

  2. Advanced Financial Statement Analysis
    Options & Futures

    Advanced Financial Statement Analysis

  3. Understanding Economic Value Added
    Markets

    Understanding Economic Value Added

  4. How Return On Equity Can Help You Find ...
    Economics

    How Return On Equity Can Help You Find ...

  5. 4 Leverage Ratios Used In Evaluating ...
    Fundamental Analysis

    4 Leverage Ratios Used In Evaluating ...

  6. How Does Goodwill Affect Stock Prices?
    Investing Basics

    How Does Goodwill Affect Stock Prices?

  7. Why is it sometimes better to use an ...
    Investing Basics

    Why is it sometimes better to use an ...

  8. How do you calculate working capital?
    Investing Basics

    How do you calculate working capital?

  9. How do changes in working capital affect ...
    Investing Basics

    How do changes in working capital affect ...

  10. What is the formula for calculating ...
    Investing Basics

    What is the formula for calculating ...

comments powered by Disqus
Hot Definitions
  1. XW

    A symbol used to signify that a security is trading ex-warrant. XW is one of many alphabetic qualifiers that act as a shorthand to tell investors key information about a specific security in a stock quote. These qualifiers should not be confused with ticker symbols, some of which, like qualifiers, are just one or two letters.
  2. Quanto Swap

    A swap with varying combinations of interest rate, currency and equity swap features, where payments are based on the movement of two different countries' interest rates. This is also referred to as a differential or "diff" swap.
  3. Genuine Progress Indicator - GPI

    A metric used to measure the economic growth of a country. It is often considered as a replacement to the more well known gross domestic product (GDP) economic indicator. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity (such as the cost of crime, cost of ozone depletion and cost of resource depletion, among others).
  4. Accelerated Share Repurchase - ASR

    A specific method by which corporations can repurchase outstanding shares of their stock. The accelerated share repurchase (ASR) is usually accomplished by the corporation purchasing shares of its stock from an investment bank. The investment bank borrows the shares from clients or share lenders and sells them to the company.
  5. Microeconomic Pricing Model

    A model of the way prices are set within a market for a given good. According to this model, prices are set based on the balance of supply and demand in the market. In general, profit incentives are said to resemble an "invisible hand" that guides competing participants to an equilibrium price. The demand curve in this model is determined by consumers attempting to maximize their utility, given their budget.
  6. Centralized Market

    A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.
Trading Center