Current Portion of Debt, or Debt Maturing Within One Year
The current portion of debt represents any principal payments due during the next fiscal year. Some current debt may be incurred during the year. In addition, any long-term debt with a current maturity will shift from noncurrent liabilities to current liabilities at the start of the fiscal year.
For more information, see all articles on: Accounting, Financial Statement Analysis, Fundamental Analysis See also:
The Intelligent Investor: The Classic Text on Value Investing
Financial Statement Analysis: A Practitioner's Guide, 3rd Edition
Managing Investment Portfolios: A Dynamic Process (CFA Institute Investment Series)