Non-current liabilities

Non-current liabilities are financial obligations a company owes that are not due for payment within the next year. These include long-term debts like loans, bonds, or leases that the company plans to settle over a period longer than one year. They are important for understanding a company's long-term financial stability and future obligations. Unlike short-term liabilities, which are due soon, non-current liabilities reflect commitments that influence the company's planning and investment strategies over time. Proper management ensures the company can meet these obligations without jeopardizing its operations.