What is Current Portion of Long-Term Debt (CPLTD)?
Current Portion of Long-Term Debt (CPLTD) represents the amount of a company’s long-term debt that must be paid within the next year. This concept is important to help determine the amount of working capital a company needs to service their debts over the next 12 months. This is found in the Current Liabilities in the Balance Sheet.
Audio Definition/Pronunciation
- Capital
- Carried Interest
- Cash Against Documents (CAD)
- Cash Flow Projections
- Chargebacks (Retailer)
- Client
- Client Concentration
- Collateral
- Confession of Judgment (COJ)
- Consignment Sale
- Contra Account
- Contract Financing
- Credit Insurance
- Credit Limit
- Credit Memo
- Credit Terms
- Cross-Aged Accounts (10% rule)
- Current Assets
- Current Liabilities