Short-term debt: the meaning
Everything the company must pay within the year: suppliers, taxes, wages, short-term loans.
It also includes repayments of long-term loans due this year.
How to read it
Compare with cash and receivables. If this debt grows faster than gross margin, pressure builds.
On Nummo you find this figure in the Figures tab of every company that filed annual accounts, over the years. In the tables, a small card gives this explanation in short.
How to calculate it
item 42/48
The item numbers follow the official format of Belgian annual accounts, which builds on the European Accounting Directive.
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