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Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Short-Term Debt
$91,077 Mil (As of Mar. 2014)

Short-Term Debt is the portion of a company’s debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Australia and New Zealand Banking Group Ltd's short-term debt for the quarter that ended in Mar. 2014 was $91,077 Mil.

Long-Term Debt is the debt due more than 12 months in the future. Australia and New Zealand Banking Group Ltd's long-term debt for the quarter that ended in Mar. 2014 was $6,315 Mil.


Definition

This is the portion of a company’s debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that ‘roll over the debt’ e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite ‘Wells Fargo’ has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Related Terms

Long-Term Debt


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Australia and New Zealand Banking Group Ltd Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Short-Term Debt 34,81448,67960,64177,94570,54482,45390,10895,648110,271114,556

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
Short-Term Debt 82,45380,52690,10884,23595,64891,871110,271107,550114,55691,077
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