Current liabilities
Current liabilities is an accounting term used describe the short-term debts of a business that fall due to be paid within the next year. It includes creditors as well as […]
Liabilities
What the company owes, its debt and unpaid bills – liabilities can be classified as short-term (payable within one year) or long-term (payable after one year).
Gearing
Gearing – A measure of how much a company has borrowed, calculated as debt (excluding other short-term liabilities) divided by net assets and expressed either as a percentage or as a […]
Working Capital
Working Capital is a term used to describe the assets (including cash) available to a company to fund its short-term funding requirements. An accountant would define it as current assets minus […]
