Non-Current Liabilities

Explanation: Non-Current Liabilities, also referred to as long-term liabilities, encompass financial obligations that a company owes and are not anticipated to be settled within the forthcoming accounting year. These liabilities extend beyond the short term and often represent commitments that are scheduled for repayment over an extended period, typically exceeding one year. Non-Current Liabilities primarily include secured loans, unsecured loans, long-term provisions, and other obligations of a long-term nature, such as deferred tax liabilities and lease obligations.

Example: TCS reports total non-current liabilities of 5,580 crore rupees as of FY23, comprising secured loans, unsecured loans, and long-term provisions. These represent the segment of TCS’s financial obligations that are not due for settlement within the immediate accounting cycle. Non-Current Liabilities are integral to TCS’s capital structure and financial management strategies, facilitating the funding of long-term investments, capital projects, and ongoing operational requirements. Monitoring changes in non-current liabilities allows stakeholders to assess TCS’s long-term debt commitments, evaluate its financial leverage, and gauge its overall financial stability and sustainability over the long haul.

You can view the Non-Current Liabilities for any company on Radar in the Balance Sheet section.