PharmaRoth Labs, Inc. (ROTH)

[old biohf guy]

Liabilities and debts are pretty much the same thing. A bill on the other hand is a payment due at a particular time in the near future.

If I understand your logic correctly, if a company does not have the money to pay its long term debts then it is insolvent, so by this logic any company that takes out a loan is instantly insolvent.

I think this may get the you the Nobel Prize in Economics. Amazing!