PGRWW (Progress Acquisition) Total Liabilities: $1.12 Mil (As of Sep. 2022)

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PGRWW Progress Acquisition Corp PGRWW
24 GF Score
Price $0.00
! 1 Warning Sign
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What is Progress Acquisition Total Liabilities?

Progress Acquisition PGRWW 24 Total Liabilities is $1.12 Mil as of Sep. 2022. GuruFocus rates PGRWW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Progress Acquisition's Total Liabilities for the quarter that ended in Sep. 2022 was $1.12 Mil.

Progress Acquisition's quarterly Total Liabilities declined from Mar. 2022 ($1.86 Mil) to Jun. 2022 ($1.15 Mil) and declined from Jun. 2022 ($1.15 Mil) to Sep. 2022 ($1.12 Mil).

Progress Acquisition's annual Total Liabilities increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.08 Mil) and increased from Dec. 2020 ($0.08 Mil) to Dec. 2021 ($2.95 Mil).

Progress Acquisition Total Liabilities Historical Data

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The historical data trend for Progress Acquisition's Total 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.

Progress Acquisition Total Liabilities Chart

Progress Acquisition Annual Data
Trend Dec20 Dec21
Total Liabilities
0.08 2.95

Progress Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Liabilities Get a 7-Day Free Trial 3.37 2.95 1.86 1.15 1.12
PGRWW
24GF Score
Progress Acquisition Corp PGRWW
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Progress Acquisition Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Progress Acquisition's Total Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.385+(0+2.31
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.25+0+0)
=2.95

Total Liabilities=Total Assets (A: Dec. 2021 )-Total Equity (A: Dec. 2021 )
=172.901-169.956
=2.95

Progress Acquisition's Total Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.43+(0+0.443
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.25+0+0)
=1.12

Total Liabilities=Total Assets (Q: Sep. 2022 )-Total Equity (Q: Sep. 2022 )
=173.367-172.244
=1.12

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $1.12 Mil mean?
Progress Acquisition (PGRWW) has a Total Liabilities of $1.12 Mil as of Sep. 2022. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Progress Acquisition and its competitors.
Is Progress Acquisition's Total Liabilities too high?
Progress Acquisition's current Total Liabilities is $1.12 Mil. Overall, Progress Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Progress Acquisition's Total Liabilities compare to APXI and INKA?
Progress Acquisition's Total Liabilities of $1.12 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Diversified Financial Services company?
A good Total Liabilities depends on the Diversified Financial Services industry context. However, Total 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Progress Acquisition and its competitors. Progress Acquisition's current Total Liabilities is $1.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Acquisition stock overvalued right now?
Progress Acquisition (PGRWW) has a current Total Liabilities of $1.12 Mil. The current Total Liabilities is $1.12 Mil. Progress Acquisition's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Progress Acquisition (PGRWW), the current Total Liabilities is $1.12 Mil as of Sep. 2022. 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.

Progress Acquisition Business Description

Address 50 Milk Street, 16th Floor, Boston, TX, USA, 02109
Progress Acquisition Corp is a blank check company.
24GF Score

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