What is long-term debt?

Answer Long-term debt is any liability that is due in over one year. Short-term debt is any liability that is due in less than one year.Types of Business FinancingA business usually finances in two ways--... Read More »

Top Q&A For: What is long-term debt

What is a long-term debt ratio?

The long-term debt ratio, is a financial ratio that quickly notes the amount of long-term debt related to the amount of cash on hand, including preferred and common stock. A higher long-term debt r... Read More »

What is financial leverage and how is it provided by long-term debt?

The use of financial leverage is a choice made by corporate managers over how to finance their internal operations. Proper use of debt and leverage can result in higher profits, but mismanagement c... Read More »

Characteristics of Long-Term Debt?

A business can have different types of debt, but not all debt is created equal. Unsecured debt refers to debt that is not linked to a physical asset. A good example of unsecured debt is a credit ca... Read More »

Is long-term debt a liability?

Long-term debt is a liability disclosed on the company's balance sheet under "Long-Term Liabilities." Long-term debt is a liability to the company because it owes money to another entityReferences:... Read More »