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Some examples of current liabilities that appear on the balance sheet include accounts payable, payroll due, payroll taxes, accrued expenses, short-term notes payable, income taxes, interest payable, accrued interest, utilities, rental fees, and other short-term debts.
This date is included in a bonds indenture at the time of issuance. An investor that purchases a bond on its issuance date will be quoted the original maturity. The current maturity is how much time is left before the bond matures and is retired from the market.
Current assets include cash, debtors, bills receivable, short-term investments, and so on. Current liabilities include bank overdrafts, creditors, bills payable, and so on.
The maturity date is essential in various financial transactions, including bonds and loans. It refers to the date when the principal amount of the transaction becomes due and payable.
Current maturity is defined as the portion of long-term debt that will come due within the next 12 months. A companys long-term debt can include mortgages, bonds, car loans, and any other debt obligations that come due in more than a year.
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Related Definitions Current Maturities means, with respect to any Person, the principal portion payable by such Person on Long Term Debt during the twelve-month period immediately succeeding the date of determination.
Current maturities to long-term loans are shown as Current Liabilities under other current liabilities with notes to account.
Key Takeaways. Current liabilities are a companys short-term financial obligations that are due within one year or within a normal operating cycle. Current liabilities are typically settled using current assets, which are assets that are used up within one year.

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