Primerica Other Liab vs Cash Analysis
PRI Stock | USD 300.18 2.46 0.81% |
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 Liab and its Cash 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 Liab vs Cash
Other Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primerica Other Liab account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Primerica's Other Liab and Cash is 0.37. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash 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 Liab and Cash 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 Liab of Primerica are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., Primerica's Other Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Liab
Cash
Cash refers to the most liquid asset of Primerica, which is listed under current asset account on Primerica balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Primerica customers. The amounts must be unrestricted with restricted cash listed in a different Primerica account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.The Primerica's current Sales General And Administrative To Revenue is estimated to increase to 0.15, 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) | (1.3B) | (1.4B) | (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 | 14.4B | 15.1B | |
Non Currrent Assets Other | (69.5M) | (69.3M) | (81.8M) | (4.2B) | (473.0M) | (496.7M) | |
Other Assets | 2.9B | 3.3B | 3.4B | 12.0B | (2.7B) | (2.6B) | |
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 | 53.7M | 38.7M | |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 19.78 | 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.