Select Page
QuestionsCategory: Financials QuadrantTotal Debt VS Total Liabilities
Wei Liang Lim asked 5 months ago

Hi,
I understand that total liabilities = current liability + non-current liability while total debt = short term debt + long term debt. Can I infer that total debt = total liabilities? If no, what are the items in the balance sheet that is used to calculate the total debt?
 

2 Answers
Wei Liang Lim answered 5 months ago

I have attached the current and non-current liabilities example. Do advise on the items in the balance sheet that is used to calculate the total debt?

Attachments
Victor Chng answered 5 months ago

Hi Wei Liang,
 
The following items are debt:

Short term borrowing 
Current portion of long term debt
Long term debt

Wei Liang Lim replied 4 months ago

Hi Victor,

Thanks for the clarifications

Victor Chng replied 4 months ago

Welcome Wei Liang :)