Total Long Term Debt

Total long-term debt indicates the debt taken on by the company that is due to be paid after more than a year. The debt might be in the form of borrowings from banks/financial institutions, bonds issued by the company, etc.

If a company has taken up a debt of Rs.12,00,000 from a bank and Rs.1,00,000 is up for repayment within 1 year then the balance Rs.11,00,000 is the long-term debt on the books of the company.