Noncurrent Liabilities

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What are 'Noncurrent Liabilities'

Noncurrent liabilities are a business's long-term financial obligations that are not due within the present accounting year. Examples of noncurrent liabilities include long-term borrowing, bonds payable and long-term lease obligations. Any noncurrent liabilities will be listed on the company's balance sheet.

BREAKING DOWN 'Noncurrent Liabilities'

Investors are interested in a company's noncurrent liabilities because they want to see that it does not have too much debt relative to its cash flow.


The other category of liability that companies incur is called a current liability. Current liabilities are those due within the present accounting year, such as accounts payable, customer advances, taxes payable and the payments due that year on a long-term loan.

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RELATED FAQS
  1. What kinds of liabilities appear on the balance sheet?

    Learn what current and non-current liabilities are, the difference between the two, and examples of liabilities that a company ... Read Answer >>
  2. What is the difference between noncurrent assets and noncurrent liabilities?

    Find out more about noncurrent assets and noncurrent liabilities, some examples of noncurrent assets and liabilities and ... Read Answer >>
  3. What is the difference between current assets and non-current assets?

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  4. Which financial statement can I find noncurrent assets on?

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  5. What are some common examples of noncurrent assets?

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  6. What is the difference between current and noncurrent assets?

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