Current portion of long-term debt
Long-term borrowings due within one year.
Worked example · a round-number company
Current portion of long-term debt$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Highlights upcoming debt maturities.
Keep in mind
- Does not include every short-term borrowing or lease obligation.