1. Finance
  2. Financial Statements

Total Liabilities

Money

The total amount of debts and obligations owed by the company. Offers insights into the company's obligations and helps gauge its financial risk.

Formula

Sum of all Current and Long-term Liabilities

Example

If a company owes $200,000 in short-term liabilities and $1,000,000 in long-term debts, the total liabilities amount to $1,200,000.