Total liabilities in the financial statements
Total liabilities is a balance-sheet line item: a balance at a date, with a credit balance in the ledger. Metrics read it as a positive number, although the ledger stores credits as negative amounts.
Total liabilities in Business Central
How the accounts are selected
- Category Liabilities (10) and every category below it
- Plus 1 account assigned directly: 23850 Employees Payable
33 posting accounts in total.
Posting accounts
- 20000 Liabilities
- 21000 Long-term Liabilities
- 22000 Current Liabilities
- 23000 Tax Liabilities
- 24000 Payroll Liabilities
- 25000 Other Current Liabilities
- 26000 Accrued Expenses and Deferred Income
Metrics using total liabilities
- Debt Ratio: Total liabilities ÷ Total assets
- Debt to Equity: Total liabilities ÷ Equity
- Net Worth: Total assets − Total liabilities