Non-current liabilities
Debt that falls due more than a year out.
Non-current liabilities are usually investment loans, lease obligations and long-dated securities a company has issued. They fund assets that will be used for years, and are repaid across years in turn.
Long-term debt is not a bad sign in itself — it is often cheaper than equity and means somebody is willing to fund the company over a long horizon. What is read is its size against equity and against the assets it paid for.
Where this figure comes from
APR's open data does not publish the split of liabilities by maturity, so profiles here show this line as “—”.
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