Primerica Other Current Liab vs Common Stock Total Equity Analysis
PRI Stock | USD 304.27 0.66 0.22% |
Primerica financial indicator trend analysis is much more than just breaking down Primerica prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primerica is a good investment. Please check the relationship between Primerica Other Current Liab and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
Other Current Liab vs Common Stock Total Equity
Other Current Liab vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primerica Other Current Liab account and Common Stock Total Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Primerica's Other Current Liab and Common Stock Total Equity is 0.51. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Primerica, assuming nothing else is changed. The correlation between historical values of Primerica's Other Current Liab and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Primerica are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Other Current Liab i.e., Primerica's Other Current Liab and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most indicators from Primerica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primerica 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.As of now, Primerica's Sales General And Administrative To Revenue is decreasing as compared to previous years. The Primerica's current Enterprise Value Over EBITDA is estimated to increase to 5.88, while Selling General Administrative is projected to decrease to under 222.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.4B | 2.5B | 1.9B | Total Revenue | 2.7B | 2.7B | 2.8B | 2.1B |
Primerica fundamental ratios Correlations
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Primerica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primerica fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.7B | 14.9B | 16.1B | 15.3B | 15.0B | 13.6B | |
Other Current Liab | (340.0M) | (743.2M) | (826.4M) | (436.9M) | (536.5M) | (509.6M) | |
Total Current Liabilities | 340.0M | 519.7M | 600.4M | 740.2M | 22.7M | 21.5M | |
Total Stockholder Equity | 1.7B | 1.8B | 2.1B | 1.7B | 2.1B | 1.6B | |
Other Liab | 9.5B | 10.2B | 10.6B | 10.4B | 11.9B | 7.4B | |
Net Debt | 1.4B | 1.2B | 1.6B | 1.6B | 1.4B | 1.5B | |
Retained Earnings | 1.6B | 1.7B | 2.0B | 2.0B | 2.3B | 1.3B | |
Accounts Payable | 340.0M | 519.7M | 585.4M | 538.3M | 513.8M | 337.0M | |
Cash | 256.9M | 547.6M | 392.5M | 489.2M | 613.1M | 354.2M | |
Non Current Assets Total | 3.7B | 4.0B | 4.7B | 353.7M | 11.1B | 11.7B | |
Non Currrent Assets Other | (69.5M) | (69.3M) | (81.8M) | (4.2B) | 11.6B | 12.2B | |
Other Assets | 2.9B | 3.3B | 3.4B | 12.0B | 2.3B | 2.2B | |
Cash And Short Term Investments | 2.6B | 3.0B | 3.2B | 3.1B | 1.6B | 1.9B | |
Net Receivables | 4.5B | 4.6B | 4.8B | 4.6B | 3.5B | 3.5B | |
Common Stock Shares Outstanding | 42.3M | 40.2M | 39.7M | 38.1M | 36.0M | 43.6M | |
Short Term Investments | 2.4B | 2.5B | 2.8B | 2.6B | 1.0B | 1.8B | |
Liabilities And Stockholders Equity | 13.7B | 14.9B | 16.1B | 15.3B | 15.0B | 13.6B | |
Other Stockholder Equity | 58.8M | 129.7M | 5.2M | (11.4M) | (1.0) | (0.95) | |
Total Liab | 12.0B | 13.1B | 14.0B | 13.6B | 13.0B | 11.3B | |
Total Current Assets | 7.1B | 7.6B | 8.0B | 3.0B | 1.6B | 1.5B | |
Accumulated Other Comprehensive Income | 58.8M | 129.7M | 72.4M | (252.3M) | (211.3M) | (200.8M) | |
Property Plant Equipment | 94.1M | 105.0M | 47.9M | 93.9M | 107.9M | 113.3M | |
Short Long Term Debt Total | 1.6B | 1.8B | 2.0B | 2.7B | 2.0B | 1.6B | |
Long Term Debt | 1.6B | 1.7B | 2.0B | 2.0B | 2.0B | 1.2B | |
Common Stock Total Equity | 427K | 412K | 393K | 394K | 354.6K | 401.3K | |
Non Current Liabilities Total | 1.8B | 2.0B | 2.3B | 12.9B | 12.9B | 13.6B | |
Other Current Assets | 709.8M | 1.0B | 1.2B | 1.2B | 1.2B | 1.3B | |
Common Stock | 412K | 393K | 394K | 368K | 350K | 385.0K | |
Net Tangible Assets | 1.6B | 1.8B | 1.7B | 1.4B | 1.6B | 1.5B | |
Retained Earnings Total Equity | 1.5B | 1.6B | 1.7B | 2.0B | 2.3B | 1.3B | |
Inventory | (709.8M) | (1.0B) | (1.2B) | (5.8B) | (5.1B) | (4.8B) | |
Deferred Long Term Liab | 164.4M | 189.0M | 202.4M | 226M | 259.9M | 167.6M | |
Long Term Investments | 3.7B | 3.9B | 4.2B | 4.0B | 4.2B | 3.3B | |
Non Current Liabilities Other | 9.6B | 10.3B | 11.1B | 11.8B | 13.6B | 9.7B | |
Property Plant And Equipment Net | 47.3M | 46.6M | 47.9M | 40.5M | 115.1M | 120.8M | |
Long Term Debt Total | 1.6B | 1.7B | 2.0B | 2.0B | 2.3B | 1.3B | |
Property Plant And Equipment Gross | 28.1M | 36.0M | 93.4M | 104.3M | 119.9M | 125.9M |
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When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Life & Health Insurance 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 Primerica. If investors know Primerica 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 Primerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.143 | Dividend Share 3.3 | Earnings Share 19.93 | Revenue Per Share 90.798 | Quarterly Revenue Growth 0.107 |
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica'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 Primerica's market value can be influenced by many factors that don't directly affect Primerica'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 Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica'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.