Explanation of Average Annual Current
Maturities:
The Average Annual Current Maturities represents the
amount paid during the upcoming year on the principal part of all outstanding
long-term debt. This figure is listed in the notes to the financial
statements.
Importance of Average Annual Current Maturities:
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.
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