T. Rowe Price Maryland Short-Term Municipal Bond Fund Long Term Debt

The latest long-term debt for PRMDX is $40M as of April 2023. That compares with $65M in the prior-year period — down 38.4% year over year. Investors often review this figure alongside T. Rowe Price Maryland Short-Term Municipal Bond Fund's historical trend and sector peers before judging valuation or financial health.

Over the past year, PRMDX's long-term debt moved from $65M to $40M — a 38.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in T. Rowe Price Maryland Short-Term Municipal Bond Fund's operating scale or balance-sheet position.

A long-term debt figure of $40M for PRMDX is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting PRMDX's long-term debt ($40M), review year-over-year change from $65M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.