Derivatives & Hedging
Metadata
- Id:
bs_derivative_and_hedging_liabs_st
- Type:
fundamentals
- Subtype:
balance_sheet
- Units:
currency
- Decimal Points:
0
- Currency Convertible:
Yes
Description
The amount of money that a company has to pay as a result of changes in the fair value or cash flows of derivative instruments that are used to hedge its exposure to various risks, such as interest rate risk, currency risk, or commodity price risk. Derivative instruments are contracts whose value is derived from an underlying asset, index, rate, or event. Hedging is a strategy to reduce or offset the risk of adverse price movements in an asset or liability. Derivatives and hedging liabilities are recorded as current or non-current liabilities on the balance sheet depending on their maturity date and are measured at fair value.