By convention, the portion of long-term liabilities that must be paid in the coming 12-month period are classified as current liabilities.
Also "long-term liabilities" are a way to show that you have to pay something off in a time period longer than one year.
Consequently, it is not a measure of assets, but of capital investment: stock or shares and long-term liabilities.
If the firm has its long-term liabilities traded on a stock exchange, the market value of the liabilities is relatively easy to determine.
While the Governor's new "exit penalty" would help limit the state's long-term liability for the $375 million stadium, it would not change the immediate cost.
The company also reduced its long-term liabilities by 39 percent.
The insurer created one company to handle continuing business and another to deal with the company's expensive, long-term liabilities.
Did this accusation add spice to the talks aimed at pinning down the tobacco industry's long-term liability?
That book in any hands in Phaze is a long-term liability, after the crisis has been navigated.
Insurance companies will have a more difficult time matching their long-term liabilities with risk-free bonds.