Short-term Liabilities - What Should Be Considered?

Short-term liabilities are balance sheet items that must be settled within one year and are essential for a company's liquidity planning.

2014

Short-term Liabilities - What Should Be Considered?

Short-term liabilities are defined as obligations that are highly likely to lead to cash outflows within the next 12 months.

Short-term liabilities

According to the Code of Obligations, short-term liabilities must be shown as a separate item in liabilities. In addition, liabilities towards other companies of the group must be disclosed separately. Short-term liabilities should be broken down into the following components:

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