PRMO (Prom Resources) Total Current Liabilities: $0.00 Mil (As of . 20)


What is Prom Resources Total Current Liabilities?

Prom Resources PRMO -59.17% Total Current Liabilities is $0.00 Mil as of . 20.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Prom Resources's total current liabilities for the quarter that ended in . 20 was $0.00

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

Prom Resources Total Current Liabilities Related Terms

Prom Resources Total Current Liabilities Historical Data

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The historical data trend for Prom Resources'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.

Prom Resources Total Current Liabilities Chart

Prom Resources Annual Data
Trend
Total Current Liabilities

Prom Resources Quarterly Data
Total Current Liabilities

Prom Resources Total Current Liabilities Calculation

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

Prom Resources's Total Current Liabilities for the fiscal year that ended in . 20 is calculated as

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

Prom Resources's Total Current Liabilities for the quarter that ended in . 20 is calculated as

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

* 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.

What does a Total Current Liabilities of $0.00 Mil mean?
Prom Resources (PRMO) has a Total Current Liabilities of $0.00 Mil as of . 20. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Prom Resources and its competitors.
Is Prom Resources' Total Current Liabilities too high?
Prom Resources' current Total Current Liabilities is $0.00 Mil.
How does Prom Resources' Total Current Liabilities compare to DWSGF and AUXRF?
Prom Resources' Total Current Liabilities of $0.00 Mil can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Restaurants company?
A good Total Current Liabilities depends on the Restaurants industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Prom Resources and its competitors. Prom Resources's current Total Current Liabilities is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prom Resources stock overvalued right now?
Prom Resources (PRMO) has a current Total Current Liabilities of $0.00 Mil. The current Total Current Liabilities is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Prom Resources (PRMO), the current Total Current Liabilities is $0.00 Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prom Resources Business Description

Address 6304 Benjamin Road, Suite 503, Tampa, FL, USA, 33634
Prom Resources Inc is a holding company that specializes in the acquisition of franchise corporations in the food services industry, in addition to providing advisory services to related companies. It provides financial analysis and consolidation services for food service acquisition targets.