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Is secirities to be held-to-maturity (e.g. investment in bonds) classified as noncurrent assets?


Is secirities to be held-to-maturity (e.g. investment in bonds) classified as noncurrent assets?

It depends on the maturity time of the bonds, as in when do the bonds mature. I believe that short-term investments with the maturity date falling within one year are current assets, and bonds with the maturity date falling greater than one year would be noncurrent assets.

Securities are usually held until its maturity date.
If the maturity date falls within the next financial year, then these securities should be classified as current assets.
However, if the maturity period falls beyond the next financial year, then these securities should be classified as non-current assets.

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