{"id":10150,"date":"2023-03-10T18:09:36","date_gmt":"2023-03-10T12:39:36","guid":{"rendered":"https:\/\/www.tickertape.in\/glossary\/?p=10150"},"modified":"2023-03-10T18:09:38","modified_gmt":"2023-03-10T12:39:38","slug":"current-liabilities-meaning","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/","title":{"rendered":"Current Liabilities &#8211; Definition, Formula, Relationship With Current Assets, And More"},"content":{"rendered":"\n<p>For a business, <a href=\"https:\/\/www.tickertape.in\/glossary\/liability\/\">liability<\/a> is something that it owes to a third party, i.e., an individual, vendor or company.&nbsp; Current liabilities<strong> <\/strong>are<strong> <\/strong>the short-term commitments of the business that are due and payable within a short period of time. They usually generate a future cash outflow.&nbsp;<\/p>\n\n\n\n<p>Current liabilities arise due to the operating activities of a business. For example, accounts payables, bank overdrafts, dividends payable, etc.&nbsp; Let\u2019s understand current liabilities in detail.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_22 counter-hierarchy counter-numeric\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">You will Learn About: <\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#What-are-current-liabilities\" title=\"What are current liabilities?\u00a0\">What are current liabilities?\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#Return-on-equity-Highlights\" title=\"Return on equity: Highlights\">Return on equity: Highlights<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#Accounting-for-current-liabilities\" title=\"Accounting for current liabilities\">Accounting for current liabilities<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#Examples-of-current-liabilities\" title=\"Examples of current liabilities\">Examples of current liabilities<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#What-are-some-current-liabilities-listed-on-a-balance-sheet\" title=\"What are some current liabilities listed on a balance sheet?\u00a0\">What are some current liabilities listed on a balance sheet?\u00a0<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#What-is-a-current-ratio\" title=\"What is a current ratio?&nbsp;\">What is a current ratio?&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#What-are-current-assets\" title=\"What are current assets?&nbsp;\">What are current assets?&nbsp;<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#Relationship-between-current-liabilities-and-current-assets\" title=\"Relationship between current liabilities and current assets\">Relationship between current liabilities and current assets<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/glossary\/current-liabilities-meaning\/#FAQs\" title=\"FAQs\">FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What-are-current-liabilities\"><\/span><strong>What are current liabilities?\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/cdn.educba.com\/academy\/wp-content\/uploads\/2020\/10\/Current-Liabilities.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.educba.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">eduCBA<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>The short-term obligations of the business that are due within a year or within the operating cycle of the business are called current liabilities. For instance, <a href=\"https:\/\/www.tickertape.in\/glossary\/accounts-payable\/\">accounts payable<\/a> to a supplier or outstanding rent, etc., fall under current liabilities.<\/p>\n\n\n\n<p>It can be calculated using the below formula-&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Current Liabilities<\/strong><strong> = Accounts Payable + Notes payable + Accrued expenses + Unearned revenue + Other short-term debt&nbsp;<\/strong><\/p>\n\n\n\n<p>The amount of current liabilities also helps in determining a company\u2019s liquidity and solvency. Excess of current assets over current liabilities is a good sign, depicting that the company can meet its obligations easily.&nbsp;<\/p>\n\n\n\n<p>You can also calculate a company&#8217;s working <a href=\"https:\/\/www.tickertape.in\/glossary\/what-is-capital-definition-of-capital-types-and-its-importance\/\">capital<\/a> through its current liabilities.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Working capital = Current assets \u2013 <\/strong><strong>Current liabilities<\/strong><strong>&nbsp;<\/strong><\/p>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-37fca231\"><h2 class=\"uagb-heading-text\"><span class=\"ez-toc-section\" id=\"Return-on-equity-Highlights\"><\/span>Return on equity: Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2><\/div>\n\n\n\n<ul>\n<li>Current liabilities are the short-term commitments of a company that need to be paid within the operating cycle of the business.<\/li>\n\n\n\n<li>Current liabilities are recorded on the balance sheet.<\/li>\n\n\n\n<li>Some examples of current liabilities are- accounts payable, short-term debt, outstanding rent, etc.<\/li>\n<\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Accounting-for-current-liabilities\"><\/span><strong>Accounting for current liabilities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Current liabilities are credited in the books of accounts with the appropriate expense or asset account being debited. For example, assume Company X has an outstanding rent due after three months. So, the accounting entry for this transaction would be &#8211; Rent A\/C debited to outstanding Rent A\/C.&nbsp;<\/p>\n\n\n\n<p>The outstanding rent is then shown in the balance sheet as the current liabilities of the company.&nbsp;<\/p>\n\n\n\n<p>Let\u2019s take another example. Assume Company Y is a trading business and has an inventory worth Rs. 5,00,000. However, the company has not paid its supplier Z. So, the entry for this transaction would be Inventory A\/C debited to Accounts Payable A\/C.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Examples-of-current-liabilities\"><\/span><strong>Examples of current liabilities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Some examples of current liabilities include accounts payable to suppliers, bank overdrafts, unpaid expenses, unearned revenue, short-term loans, etc.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What-are-some-current-liabilities-listed-on-a-balance-sheet\"><\/span><strong>What are some current liabilities listed on a balance sheet?\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/www.accountingcoach.com\/wp-content\/uploads\/2013\/10\/05X-table-03-current-liabilities@2x.png\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.accountingcoach.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Accounting Coach<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>Some current liabilities that are listed on the balance sheet are-&nbsp;<\/p>\n\n\n\n<ol>\n<li><strong>Short-term debt<\/strong><\/li>\n<\/ol>\n\n\n\n<p>These are basically short-term loans taken by the business to meet its immediate requirements. This includes bank overdrafts etc.,<\/p>\n\n\n\n<ol start=\"2\">\n<li><strong>Outstanding expense<\/strong><\/li>\n<\/ol>\n\n\n\n<p>These are expenses that have been incurred\/accrued but have not been paid off\u2014for example, outstanding rent, interest payable, unpaid bills, etc.&nbsp;<\/p>\n\n\n\n<ol start=\"3\">\n<li><strong>Unearned revenue<\/strong><\/li>\n<\/ol>\n\n\n\n<p>It is the money a business receives even though the goods have not yet been provided.&nbsp;<\/p>\n\n\n\n<ol start=\"4\">\n<li><strong>Accounts payable<\/strong><\/li>\n<\/ol>\n\n\n\n<p>It is the money payable to the suppliers or vendors of a business. These arise strictly from the operating activities of the business.&nbsp;<\/p>\n\n\n\n<ol start=\"5\">\n<li><strong>Dividends payable<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Dividends are a portion of the profits distributed to stakeholders. Dividends payable are those that are due to be paid but are unpaid.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What-is-a-current-ratio\"><\/span><strong>What is a current ratio?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.tickertape.in\/glossary\/current-ratio\/\">current ratio<\/a> measures a company\u2019s short-term liquidity. It defines a company\u2019s ability to pay off its short-term obligations. The current ratio can also be termed the working capital ratio. This ratio can be calculated in the following way-\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Current ratio = Current assets \/ <\/strong><strong>Current liabilities<\/strong><strong>&nbsp;<\/strong><\/p>\n\n\n\n<p>Different industries have different current ratio values. A high current ratio depicts that the management is efficiently utilising the current assets and resources are not lying unused. A comparatively lower current ratio shows that the company is risky and has a high likelihood of default.\u00a0<\/p>\n\n\n\n<p>However, the current ratio does not fully represent a company\u2019s short-term solvency. For instance, a company may have high accounts receivable, which shows that the company is not efficient in collecting the debt. Also, higher inventory levels may sometimes contribute to a high current ratio. In the same light, a low current ratio may be due to the company\u2019s goodwill, thus its ability to have longer accounts payable cycle as compared to the accounts receivable cycle.\u00a0<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What-are-current-assets\"><\/span><strong>What are current assets?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Current assets are short-term assets of a company that can be converted into cash in the short run. Some examples of current assets are-&nbsp;<\/p>\n\n\n\n<ul>\n<li>Cash and cash equivalents&nbsp;<\/li>\n\n\n\n<li>Accounts receivables&nbsp;<\/li>\n\n\n\n<li>Prepaid expenses&nbsp;<\/li>\n\n\n\n<li>Inventory&nbsp;<\/li>\n\n\n\n<li>Short term investments&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>Current assets are debited in the journal entry and shown under assets on the balance sheet of a company.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Relationship-between-current-liabilities-and-current-assets\"><\/span><strong>Relationship between current liabilities and current assets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/cdn.educba.com\/academy\/wp-content\/uploads\/2020\/02\/current-ratio.jpg\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Image source: <a href=\"https:\/\/www.educba.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">eduCBA<\/a><\/figcaption><\/figure><\/div>\n\n\n<p>The relationship between current assets and current liabilities is that both help in assessing the liquidity and solvency position of the company. They help in determining the short-term future requirements of cash for a company.&nbsp;<\/p>\n\n\n\n<p>Also, current liabilities are mostly paid off using the current assets, i.e., short-term assets of the company. For instance, accounts payable are paid off using cash. Additionally, the current ratio, <a href=\"https:\/\/www.tickertape.in\/glossary\/quick-ratio\/\">quick ratio<\/a> and cash ratio are some of the ratios that define the relationship between current assets and current liabilities.\u00a0<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Current liabilities depict a company\u2019s short-term obligations. Accounts payables, bank overdrafts, etc., are some examples of current liabilities. Current liabilities are used along with current assets to determine the solvency of a company. The current ratio is obtained by dividing current assets by liabilities. The higher the ratio, the higher the company\u2019s ability to clear its liabilities. The quick ratio and cash ratio also depict the relationship between current assets and liabilities.&nbsp;<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-e05018fc uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height\" data-faqtoggle=\"true\" role=\"tablist\">\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-732ccc55\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>Why are current liabilities important for some of the stakeholders like creditors, investors, etc.<\/strong>?<\/span><\/div><p class=\"uagb-faq-content\">Current liabilities are important for the stakeholders to determine a company\u2019s ability to pay its short-term obligations. Creditors want to know their credit risk and if the company will be able to fulfil its interest obligations. Investors want to know a company&#8217;s liquidity and analyse whether they should invest in the company or not.\u00a0<\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-6d9aca4c\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What is the cash ratio?\u00a0<\/strong><\/span><\/div><p class=\"uagb-faq-content\">The cash ratio measures the company\u2019s ability to pay off its current liabilities with the current amount of cash it has.\u00a0<br><br><strong>Cash ratio = Cash and cash equivalents \/ Current liabilities<\/strong><\/p><\/div>\n\n\n\n<div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-306f102a\" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\"><span class=\"uagb-icon uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg><\/span><span class=\"uagb-icon-active uagb-faq-icon-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg><\/span><span class=\"uagb-question\"><strong>What is a quick ratio?<\/strong><\/span><\/div><p class=\"uagb-faq-content\">A quick ratio is a short-term solvency ratio that defines the company&#8217;s ability to pay off its short-term obligations. Inventory is not included in quick assets. This is because inventories cannot be converted into cash immediately. Thus, in order to calculate the quick ratio, we use the following-\u00a0<br><br><strong>Quick ratio = ( Current assets \u2013 Inventory ) \/ Current liabilities\u00a0<\/strong><\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Current liabilities are short-term financial obligations of a company. Here is everything you need to know about them.<\/p>\n","protected":false},"author":90,"featured_media":10164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[1929],"jetpack_featured_media_url":"https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1.png","uagb_featured_image_src":{"full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1.png",2086,1086,false],"thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-150x150.png",150,150,true],"medium":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-300x156.png",300,156,true],"medium_large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1.png",768,400,false],"large":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-1024x533.png",770,401,true],"1536x1536":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-1536x800.png",1536,800,true],"2048x2048":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-2048x1066.png",2048,1066,true],"authorship-box-avatar":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-150x150.png",150,150,true],"authorship-box-related":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-70x70.png",70,70,true],"post-thumbnail":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-270x180.png",270,180,true],"contentberg-main":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-770x515.png",770,515,true],"contentberg-main-full":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-1170x508.png",1170,508,true],"contentberg-slider-stylish":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-900x515.png",900,515,true],"contentberg-slider-carousel":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-370x370.png",370,370,true],"contentberg-slider-grid-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-554x466.png",554,466,true],"contentberg-slider-grid-b-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-306x466.png",306,466,true],"contentberg-slider-bold-sm":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-150x150.png",150,150,true],"contentberg-grid":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-370x245.png",370,245,true],"contentberg-list":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-260x200.png",260,200,true],"contentberg-list-b":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-370x305.png",370,305,true],"contentberg-thumb":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-87x67.png",87,67,true],"contentberg-thumb-alt":["https:\/\/www.tickertape.in\/glossary\/wp-content\/uploads\/2023\/03\/2-1-1-150x150.png",150,150,true]},"uagb_author_info":{"display_name":"Anjali Chourasiya","author_link":""},"uagb_comment_info":0,"uagb_excerpt":"Current liabilities are short-term financial obligations of a company. Here is everything you need to know about them.","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10150"}],"collection":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/comments?post=10150"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10150\/revisions"}],"predecessor-version":[{"id":10167,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/posts\/10150\/revisions\/10167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media\/10164"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/media?parent=10150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/categories?post=10150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/glossary\/wp-json\/wp\/v2\/tags?post=10150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}