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Quick Definition

Company financial obligations it must fulfill within one year.

There's More to Financial Analysis Than You Think...

The Financial Analysis Success Kit can help!

Why you should take a look at the Financial Analysis Success Kit:

We've combined all our highly popular financial analysis tools into one mega-financial-analysis-kit that will save you hundreds of dollars if purchased separately. The kit contains 9 files packed with the most important financial ratio analysis tools you can find to help rocket your way to mastering financial analysis. The kit includes:

  1. The eBook "Learn Ratio Analysis In Minutes"

  2. The Learn Financial Ratio Analysis Excel Spreadsheet (2 versions!)

  3. A BONUS eBook..."Key Financial Statement Terms"

  4. Another HUGE BONUS...Five-Part Financial Ratio Cheat Sheet Series

The result? You get all these professionally created tools for a great low price.

Learn more on our product page:

Click the button to learn more about the Financial Analysis Success Kit

 

 

financial ratio analysis success kit

Click the button to learn more about the Financial Analysis Success Kit

Explanation of Total Current Liabilities

Also called Current Liabilities and listed on the Balance Sheet, the Total Current Liabilities are the claims to the company’s assets that are due within one year or the cycle of operations. Total Current Liabilities usually make up several line items, such as Accounts Payable, Notes Payable, Current Maturities, and Accrued Liabilities.

Importance of Total Current Liabilities

Total Current Liabilities as a whole are important, but each of the line items that make up the Total Current Liabilities are also important. Some performance ratios that require Total Current Liabilities are the Current Ratio and Quick Ratio.