Non-current liabilities are financial obligations that a company is required to pay beyond one year. These can include long-term loans, bonds payable, and lease obligations. Unlike current liabilities, which are due within a year, non-current liabilities represent a company's long-term financial commitments. These liabilities are important for assessing a company's financial health and stability. Investors and creditors analyze non-current liabilities to understand how much debt a company has and its ability to meet long-term obligations. Proper management of these liabilities is crucial for maintaining a balanced financial position and ensuring future growth.