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?

    Learn about current assets and noncurrent assets, the differences between these types of assets, and some examples of current ... Read Answer >>
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