Operating lease liabilities, current
Operating lease obligations due within one year.
Worked example · a round-number company
Operating lease liabilities, current$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. Shows near-term contractual lease commitments recorded on the balance sheet.
Keep in mind
- Excluded from the borrowings total; do not confuse it with current debt maturities.