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Definition

Total liabilities = Total Current Liabilities + Total Long Term Liabilities

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated

Formula

Total liabilities = Total Current Liabilities + Total Long Term Liabilities

Related Terms

Total Current Liabilities, Long-Term Debt

Financial Dictionary

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