They are considered a current liability only if they mature within the next twelve months. All liabilities that mature within the next year are current liabilities. If the bonds are not expected to be repaid within a year, then are non current liabilities.
They can be both a current and a non current liability. The question is when will they mature. If they mature within twelve months, then thats a current liability. If not, then it is a non current liability. B
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.