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current portion of long-term debt CPLTD. A value on a company's balance sheet which indicates how much long-term debt must be repaid within the upcoming fiscal year. This includes any debt which has its final payment due in the upcoming year; any other debt is simply recorded in the long-term debt field. This value can be important because if the current portion is very high, a concern would be that the company might not have enough cash on hand to cover that debt. |
Top 10 Critical Retirement TermsRetirement - it's a time in our lives that most people eagerly anticipate, yet seem to dread planning for. If you haven't started planning for retirement yet, it's time to begin, and these 10 terms will help you get started.
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