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Current maturities and non current maturities

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(Querist)
05 October 2022 Sir, My query is--- current maturities & non current maturities in long term borrowing means. head- secured & unsecured. How to define it.example: secured loan--1.50crore unsecured loan -75lac then how to know current and non current maturities.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 October 2022 Current maturity is loan repayment within one year.
Non current maturity is maturity in more than one year.

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