Balance Sheet

Long-Term Debt

Debt obligations due more than 12 months out.

Definition

Long-term debt is the portion of total debt that doesn't need to be repaid within the next 12 months. Includes bonds, term loans, and other borrowings with maturities greater than a year.

Why it matters

Long-term debt represents the structural component of the company's leverage — what's been intentionally locked in, often at favourable rates. Sudden growth in long-term debt warrants explanation; rapid paydown often signals financial discipline.

How Standard Equity uses it

Shown in the main table, with its 5- and 10-year growth rate.

The metric

CategoryBalance Sheet
Unit$M
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