Avg Annual Current Maturities

The amount the company has paid on long term debt principal for the year.

The Average Annual Current Maturities represents the amount paid during the upcoming year on the principal part of all outstanding #TERMLINK[Long-Term Debt]. This figure is listed in the notes to the financial statements.

It is important to watch the amount of loan principal the company has to pay off every year. If this value is continually rising, the company is taking on more debt. Watching this value, along with several debt ratios can provide a clearer picture of the debt condition of a company.

Tags: Financial Statement Term