noun
- plural of noncurrent; assets or liabilities that are not expected to be converted to cash or settled within one year in accounting and finance
Usage: accounting/finance term; used in balance sheet analysis
Examples
- The company's noncurrents include property, equipment, and long-term investments.
- Noncurrents are listed separately from current assets on the balance sheet.
- Investors analyze both currents and noncurrents to assess a company's financial structure.
- Long-term debt is classified as one of the noncurrents in the liabilities section.
- The accountant reviewed the noncurrents to determine the firm's long-term financial obligations.