Primega Non Current Assets Total from 2010 to 2024

PGHL Stock   13.80  5.30  27.75%   
Primega Group Non Current Assets Total yearly trend continues to be quite stable with very little volatility. The value of Non Current Assets Total are projected to decrease to about 4.2 M. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
2010-12-31
Previous Quarter
5.6 M
Current Value
4.2 M
Quarterly Volatility
1.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primega Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primega Group's main balance sheet or income statement drivers, such as Tax Provision of 228.4 K, Depreciation And Amortization of 884.2 K or Interest Expense of 144.4 K, as well as many indicators such as Price To Sales Ratio of 7.15, Dividend Yield of 0.0 or PTB Ratio of 22.43. Primega financial statements analysis is a perfect complement when working with Primega Group Valuation or Volatility modules.
  
Check out the analysis of Primega Group Correlation against competitors.

Latest Primega Group's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of Primega Group Holdings over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Primega Group's Non Current Assets Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primega Group's overall financial position and show how it may be relating to other accounts over time.
Non Current Assets Total10 Years Trend
Slightly volatile
   Non Current Assets Total   
       Timeline  

Primega Non Current Assets Total Regression Statistics

Arithmetic Mean2,235,020
Geometric Mean1,898,629
Coefficient Of Variation67.43
Mean Deviation1,246,142
Median1,385,378
Standard Deviation1,507,005
Sample Variance2.3T
Range4.2M
R-Value0.76
Mean Square Error1T
R-Squared0.57
Significance0
Slope254,881
Total Sum of Squares31.8T

Primega Non Current Assets Total History

20244.2 M
20235.6 M
20224.8 M
20213.7 M

About Primega Group Financial Statements

Primega Group investors utilize fundamental indicators, such as Non Current Assets Total, to predict how Primega Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Non Current Assets Total5.6 M4.2 M

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When determining whether Primega Group Holdings is a strong investment it is important to analyze Primega Group'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 Primega Group's future performance. For an informed investment choice regarding Primega Stock, refer to the following important reports:
Check out the analysis of Primega Group Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Marine Transportation 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group'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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group'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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group'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.