Primerica Capital Stock vs Total Current Assets Analysis
PRI Stock | USD 298.61 1.79 0.60% |
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 Capital Stock and its Total Current Assets 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.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primerica Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Primerica's Capital Stock and Total Current Assets is -0.22. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Primerica, assuming nothing else is changed. The correlation between historical values of Primerica's Capital Stock and Total Current 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 Capital Stock of Primerica are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Primerica's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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) | (534.4M) | (561.1M) | |
Other Assets | 2.9B | 3.3B | 3.4B | 12.0B | 588.6M | 559.2M | |
Cash And Short Term Investments | 2.6B | 3.0B | 3.2B | 3.1B | 3.3B | 2.0B | |
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 | 276K | 262.2K | |
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 | 3.3B | 3.7B | |
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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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 19.95 | 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.