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- Short-term borrowings on a balance sheet1234:
- Represent a firm's financial obligations that are expected to be paid off within a year.
- Listed under the current liabilities portion of the total liabilities section.
- Includes obligations such as loans, lines of credit, and commercial paper due within a relatively short period of time.
- Helps determine a company's liquidity to pay off short-term obligations.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Short-term debt, also called current liabilities, is a firm's financial obligations that are expected to be paid off within a year. It is listed under the current liabilities portion of the total liabilities section of a company's balance sheet.www.investopedia.com/terms/s/shorttermdebt.aspOne key component of the liabilities side of the balance sheet is short-term debt. Short-term debt is a type of borrowing that is expected to be repaid within one year or less. It usually includes obligations such as loans, lines of credit, and commercial paper that are due within a relatively short period of time.livewell.com/finance/what-is-short-term-debt-on-th…The short/current long-term debt is a separate line item on a balance sheet account. It outlines the total amount of debt that must be paid within the current year—within the next 12 months. Both creditors and investors use this item to determine whether a company is liquid enough to pay off its short-term obligations.www.investopedia.com/ask/answers/06/currentport…It is generally found under current liabilities on a company's balance sheet. This can include short-term loans from banks or private loan companies, usually repaid with principal and interest within a year. It also includes accounts payable that the company owes to its customers and commercial paper issued by a company.www.wallstreetoasis.com/resources/skills/finance/s… - People also ask
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