Non Current Portion of DebtView Financial Glossary Index
Non-current portion of debt that a company owns. Think of this as a component of what a company has for debt that is not a short-term obligation.
A company's total debt can be divided into two parts, the current portion of all its debt obligations and the long term portion of all its debt obligations. These items are often found on a company's balance sheet. In this case here, this line item is the non-current portion of its debt.