The classification of a liability as current or non-current is important because it may affect the evaluation of a company's liquidity.

The classification of a liability as current or non-current reflects the timing of payment, which can affect a company's ability to meet its short-term obligations. This information is important for evaluating a company's liquidity position, which is a measure of its ability to meet short-term liabilities with its current assets. Therefore, the classification of liabilities as current or non-current is relevant to assessing a company's financial health and creditworthiness.