describe the fi nancial statement presentation of and disclosures relating to debt

A single line component of the cumulative amount of a long-term firm's liability due after one year is generally listed in the non-current liabilities category of the balance sheet, while the share of the long-term debt due in the next twelve months typically represents the current liability.

In the notes to the financial statements you typically have specific details on the type and extent of the debt of a business. These alerts can be utilized to assess how many potential cash outflows will be and how timely. Usually, data is displayed, including statutory and efficient interest rates, maturity dates, deals, any collateral obtained, and the number of debt repurchases planned for the next five years.