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PRA Group (PRA Group) Total Current Liabilities : $1,727.2 Mil (As of Mar. 2024)


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What is PRA Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. PRA Group's total current liabilities for the quarter that ended in Mar. 2024 was $1,727.2

PRA Group Total Current Liabilities Historical Data

The historical data trend for PRA Group's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PRA Group Total Current Liabilities Chart

PRA Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,992.98 1,842.64 1,443.33 1,317.66 1,709.43

PRA Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,364.08 1,505.48 1,585.48 1,709.43 1,727.15

PRA Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

PRA Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=156.13+1437.715
+Other Current Liabilities+Current Deferred Liabilities
=115.589+0
=1,709.4

PRA Group's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=133.257+1480.636
+Other Current Liabilities+Current Deferred Liabilities
=113.259+0
=1,727.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

PRA Group Total Current Liabilities Related Terms

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PRA Group (PRA Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PRA Group Inc (NAS:PRAA) » Definitions » Total Current Liabilities
Comparable Companies
LC WRLD EZPW FINV LPRO QD RWAY GDOT YRD ATLC V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
POV1:Germany
Address
120 Corporate Boulevard, Norfolk, VA, USA, 23502
Website
https://www.pragroup.com
PRA Group Inc is a leader in acquiring and collecting nonperforming loans. The company returns capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe, and Australia. With thousands of employees worldwide, PRA Group collaborate with customers to help them resolve their debt.
Executives
Rakesh Sehgal officer: Chief Financial Officer 150 CORPORATE BLVD, NORFOLK VA 23502
Steven D Fredrickson director, officer: President, CEO, Chairman 120 CORPORATE BLVD STE 100, NORFOLK VA 23502
Marjorie Mary Connelly director 2580 PALMER DR, KESWICK VA 22947
Vikram A Atal director C/O THE STUDENT LOAN CORP. LEGAL DEPT., 750 WASHINGTON BLVD. 9TH FLOOR, STAMFORD CT 06901
Richard Owen James officer: Global Investments Officer 150 CORPORATE BLVD, NORFOLK VA 23502
Steven C Roberts officer: Chief Global Strategy Bus Dev 120 CORPORATE BLVD, NORFOLK VA 23502
Latisha Owens Tarrant officer: General Counsel & CHRO 150 CORPORATE BLVD, NORFOLK VA 23502
Kevin P Stevenson officer: EVP, CFO, Treasurer, Asst Secy 120 CORPORATE BLVD STE 100, NORFOLK VA 23502
Peter M Graham officer: EVP, Chief Financial Officer 150 CORPORATE BLVD, NORFOLK VA 23502
John H Fain director REFLECTIONS II, THIRD FLOOR 200 GOLDEN OAK COURT, VIRGINIA BEACH VA 23452
Laura White officer: Chief Compliance Officer 120 CORPORATE BLVD, NORFOLK VA 23502
Christopher B Graves officer: EVP, Core Acquisitions 150 CORPORATE BOULEVARD, NORFOLK VA 23502
Christopher D. Lagow officer: SVP- General Counsel 150 CORPORATE BLVD, NORFOLK VA 23502
Peggy P. Turner director 6565 HEADQUARTERS DRIVE, PLANO TX 75024
Martin Sjolund officer: Dir Europe Strategy & Bus Dev 3 EDDISCOMBE RD, LONDON X0 SW6 4TZ