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Promithian Global Ventures (Promithian Global Ventures) Total Current Liabilities : $0.04 Mil (As of Dec. 2009)


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What is Promithian Global Ventures Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Promithian Global Ventures's total current liabilities for the quarter that ended in Dec. 2009 was $0.04

Promithian Global Ventures Total Current Liabilities Historical Data

The historical data trend for Promithian Global Ventures'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.

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Promithian Global Ventures Total Current Liabilities Chart

Promithian Global Ventures Annual Data
Trend Mar09
Total Current Liabilities
-

Promithian Global Ventures Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Total Current Liabilities Get a 7-Day Free Trial - - - 0.02 0.04

Promithian Global Ventures Total Current Liabilities Calculation

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

Promithian Global Ventures's Total Current Liabilities for the fiscal year that ended in Mar. 2009 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0.004
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.00

Promithian Global Ventures's Total Current Liabilities for the quarter that ended in Dec. 2009 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.039+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.04

* 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

Promithian Global Ventures Total Current Liabilities Related Terms

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Promithian Global Ventures (Promithian Global Ventures) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Promithian Global Ventures Inc (OTCPK:PGVI) » Definitions » Total Current Liabilities
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SZSE:000657 MFRISCOA-1 SHSE:603399 XAMS:AMG TSX:PDL SZSE:000969 ISX:ZINC SHSE:600331 PHS:NIKL SHSE:603979 SZSE:000795 XKRX:000670 SHSE:600531 ASX:NIC SZSE:002378 IST:KOZAA SZSE:002428 ASX:PRN SHSE:600961 SHSE:601020
Traded in Other Exchanges
N/A
Address
406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111
Website
https://www.promithianglobalventures.com
Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

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