Explanation of Total Liabilities:
Listed on the Balance Sheet, this figure represents the Total Liabilities
of the company. Total Liabilities include all the Current Liabilities,
Long Term Debt, and any other miscellaneous liabilities the company may have.
Importance of Total Liabilities:
Total Liabilities in and of themselves are important, but it is even more
important to look at what makes up the Total Liabilities and how these figures
change over time. Looking at the accompanying notes describing what makes
up the Long Term Debt will help you determine if the debt is beneficial or
detrimental.
|