Long term liabilities refers to total debt payable within an operating cycle of one year or over one year, including long-term loans, payable liabilities, long-term payables, etc.

• 长期负债指企业在一年以上或者超过一年的一个生产周期以上需要偿还的债务合计，其中包括长期借款、应付债务、长期应付款项等。