Portage Total Current Liabilities from 2010 to 2024

PRTG Stock  USD 4.62  0.10  2.21%   
Portage Biotech's Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is estimated to finish at about 3 M this year. Total Current Liabilities is the total amount of liabilities that Portage Biotech is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2000-12-31
Previous Quarter
2.9 M
Current Value
M
Quarterly Volatility
1.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Portage Biotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portage Biotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 51.3 K, Other Operating Expenses of 19.2 M or Total Operating Expenses of 19.1 M, as well as many indicators such as Price To Sales Ratio of 2 K, Dividend Yield of 0.0 or PTB Ratio of 53.14. Portage financial statements analysis is a perfect complement when working with Portage Biotech Valuation or Volatility modules.
  
Check out the analysis of Portage Biotech Correlation against competitors.
For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.

Latest Portage Biotech's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Portage Biotech over the last few years. Total Current Liabilities is an item on Portage Biotech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Portage Biotech are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Portage Biotech's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Portage Biotech's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Portage Total Current Liabilities Regression Statistics

Arithmetic Mean1,404,903
Geometric Mean824,064
Coefficient Of Variation85.26
Mean Deviation1,088,580
Median783,000
Standard Deviation1,197,831
Sample Variance1.4T
Range3.1M
R-Value0.57
Mean Square Error1.1T
R-Squared0.32
Significance0.03
Slope151,522
Total Sum of Squares20.1T

Portage Total Current Liabilities History

2024M
20232.9 M
20221.9 M
2021783 K
20203.2 M
20192.6 M
20181.8 M

About Portage Biotech Financial Statements

Portage Biotech stakeholders use historical fundamental indicators, such as Portage Biotech's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Portage Biotech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Portage Biotech's assets and liabilities are reflected in the revenues and expenses on Portage Biotech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Portage Biotech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities2.9 MM

Currently Active Assets on Macroaxis

When determining whether Portage Biotech is a strong investment it is important to analyze Portage Biotech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Portage Biotech's future performance. For an informed investment choice regarding Portage Stock, refer to the following important reports:
Check out the analysis of Portage Biotech Correlation against competitors.
For more detail on how to invest in Portage Stock please use our How to Invest in Portage Biotech guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portage Biotech. If investors know Portage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portage Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
24.4
Return On Assets
(0.19)
Return On Equity
(1.91)
The market value of Portage Biotech is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Biotech's value that differs from its market value or its book value, called intrinsic value, which is Portage Biotech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portage Biotech's market value can be influenced by many factors that don't directly affect Portage Biotech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portage Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Biotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.