FRST Stock | | | USD 12.56 0.18 1.45% |
Primis Financial financial indicator trend analysis is much more than just breaking down Primis Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primis Financial Corp is a good investment. Please check the relationship between Primis Financial Net Debt and its Earning Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Net Debt vs Earning Assets
Net Debt vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Primis Financial Corp Net Debt account and
Earning Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Primis Financial's Net Debt and Earning Assets is 0.31. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Primis Financial Corp, assuming nothing else is changed. The correlation between historical values of Primis Financial's Net Debt and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Primis Financial Corp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Net Debt i.e., Primis Financial's Net Debt and Earning Assets go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Earning Assets
Most indicators from Primis Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primis Financial Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Primis Financial's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 5.5
M in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(42.36).
Primis Financial fundamental ratios Correlations
Click cells to compare fundamentals
Primis Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primis Financial fundamental ratios Accounts
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