Primo Common Stock Total Equity vs Retained Earnings Analysis

PRMW Stock  USD 22.91  0.18  0.79%   
Primo Water financial indicator trend analysis is much more than just breaking down Primo Water Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primo Water Corp is a good investment. Please check the relationship between Primo Water Common Stock Total Equity and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Water 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 population.

Common Stock Total Equity vs Retained Earnings

Common Stock Total Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Water Corp Common Stock Total Equity account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Primo Water's Common Stock Total Equity and Retained Earnings is -0.12. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Primo Water Corp, assuming nothing else is changed. The correlation between historical values of Primo Water's Common Stock Total Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Primo Water Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Total Equity i.e., Primo Water's Common Stock Total Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Primo Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primo Water 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Water 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 population.
At this time, Primo Water's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to climb to about 40.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.19 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68.8M69.8M72.7M53.8M
Depreciation And Amortization211.3M248.1M196.8M107.5M

Primo Water fundamental ratios Correlations

0.960.210.920.660.870.91-0.110.520.120.990.320.120.730.880.970.080.11-0.170.970.570.710.790.960.620.67
0.960.340.960.490.830.99-0.220.610.00.940.370.00.780.730.990.20.03-0.161.00.510.710.850.910.480.55
0.210.340.310.030.060.31-0.160.390.370.10.620.370.310.00.350.330.450.10.350.440.670.010.070.020.04
0.920.960.310.460.780.97-0.230.68-0.080.90.42-0.080.830.710.940.26-0.06-0.170.970.410.710.880.850.440.51
0.660.490.030.460.610.410.060.090.670.680.20.670.310.830.52-0.40.6-0.120.510.810.340.360.670.930.92
0.870.830.060.780.610.80.010.620.050.88-0.10.050.780.790.830.310.06-0.080.830.610.560.770.920.50.54
0.910.990.310.970.410.8-0.290.64-0.120.910.36-0.120.80.650.970.25-0.07-0.170.980.430.640.890.890.410.49
-0.11-0.22-0.16-0.230.060.01-0.290.110.2-0.15-0.330.20.110.01-0.170.20.080.19-0.19-0.050.16-0.43-0.15-0.12-0.23
0.520.610.390.680.090.620.640.11-0.190.46-0.03-0.190.940.30.590.79-0.180.030.620.250.630.50.5-0.020.03
0.120.00.37-0.080.670.05-0.120.2-0.190.080.271.0-0.110.30.05-0.430.940.020.020.740.25-0.280.060.650.57
0.990.940.10.90.680.880.91-0.150.460.080.260.080.680.880.950.00.07-0.210.950.550.60.830.980.650.71
0.320.370.620.420.2-0.10.36-0.33-0.030.270.260.270.050.210.37-0.260.28-0.070.390.180.490.160.110.290.29
0.120.00.37-0.080.670.05-0.120.2-0.191.00.080.27-0.110.30.05-0.430.940.020.020.740.25-0.280.060.650.57
0.730.780.310.830.310.780.80.110.94-0.110.680.05-0.110.530.770.63-0.120.040.790.370.70.640.710.180.23
0.880.730.00.710.830.790.650.010.30.30.880.210.30.530.75-0.120.21-0.110.750.610.580.590.860.730.77
0.970.990.350.940.520.830.97-0.170.590.050.950.370.050.770.750.190.07-0.161.00.530.750.80.920.50.56
0.080.20.330.26-0.40.310.250.20.79-0.430.0-0.26-0.430.63-0.120.19-0.380.20.21-0.10.430.160.08-0.55-0.5
0.110.030.45-0.060.60.06-0.070.08-0.180.940.070.280.94-0.120.210.07-0.380.030.040.780.24-0.180.060.590.52
-0.17-0.160.1-0.17-0.12-0.08-0.170.190.030.02-0.21-0.070.020.04-0.11-0.160.20.03-0.16-0.040.07-0.25-0.16-0.36-0.41
0.971.00.350.970.510.830.98-0.190.620.020.950.390.020.790.751.00.210.04-0.160.510.740.830.910.490.55
0.570.510.440.410.810.610.43-0.050.250.740.550.180.740.370.610.53-0.10.78-0.040.510.460.310.60.730.75
0.710.710.670.710.340.560.640.160.630.250.60.490.250.70.580.750.430.240.070.740.460.360.540.240.25
0.790.850.010.880.360.770.89-0.430.5-0.280.830.16-0.280.640.590.80.16-0.18-0.250.830.310.360.820.380.47
0.960.910.070.850.670.920.89-0.150.50.060.980.110.060.710.860.920.080.06-0.160.910.60.540.820.610.69
0.620.480.020.440.930.50.41-0.12-0.020.650.650.290.650.180.730.5-0.550.59-0.360.490.730.240.380.610.97
0.670.550.040.510.920.540.49-0.230.030.570.710.290.570.230.770.56-0.50.52-0.410.550.750.250.470.690.97
Click cells to compare fundamentals

Primo Water Account Relationship Matchups

Primo Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B3.7B3.7B3.5B1.8B
Short Long Term Debt Total1.6B1.7B1.7B1.7B1.4B846.8M
Other Current Liab18.3M15.5M20.7M16.9M233.4M245.1M
Total Current Liabilities607.6M548.8M709.8M690.6M423.9M382.3M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.4B1.5B
Property Plant And Equipment Net850.9M866.2M895.5M913M689.0M488.0M
Net Debt1.4B1.5B1.6B1.6B922.0M764.4M
Retained Earnings265M81.1M16.4M(9.4M)166.3M84.2M
Accounts Payable200.4M135.2M181.4M163.7M93.8M154.0M
Cash205.5M115.1M128.4M122.6M505.3M530.6M
Non Current Assets Total2.7B3.2B3.2B3.1B2.6B1.4B
Non Currrent Assets Other20.6M24.1M26.9M28.3M235.7M247.5M
Cash And Short Term Investments205.5M115.1M128.4M122.6M505.3M530.6M
Net Receivables279.3M222.3M261.6M258.6M155.2M202.3M
Common Stock Shares Outstanding135.2M155.4M160.8M161.9M160.6M99.0M
Liabilities And Stockholders Equity3.4B3.6B3.7B3.7B3.5B1.8B
Non Current Liabilities Total1.4B1.6B1.7B1.7B1.6B842.4M
Inventory122.5M83.8M94.6M112.1M47.1M44.7M
Other Current Assets35M21.3M25.2M44.7M153.9M161.6M
Other Stockholder Equity77.4M84.5M85.9M91.3K90.1M105.1M
Total Liab2.2B2.3B2.4B2.4B2.1B1.2B
Property Plant And Equipment Gross647M866.2M895.5M913M1.3B1.3B
Total Current Assets642.3M442.5M509.8M538M861.5M470.6M
Accumulated Other Comprehensive Income(68.5M)(86.7M)(69.1M)(82.2M)(104.6M)(99.3M)
Short Term Debt141.5M161.1M272.1M265.5M39.6M37.6M
Intangible Assets701.4M987.6M969.8M894.7M714.2M438.1M
Common Stock892.3M1.3B1.3B1.3B1.3B1.3B
Good Will1.2B1.3B1.3B1.3B999.5M725.7M
Other Liab202.8M215.9M223.7M235.2M270.5M284.0M
Current Deferred Revenue247.4M237M235.6M244.5M57.1M54.3M
Other Assets225M24.1M26.9M28.3M1.00.95
Long Term Debt1.2B1.3B1.3B1.3B1.2B813.5M
Property Plant Equipment743.8M866.2M895.5M913M1.0B1.1B
Net Tangible Assets(478.3M)(925M)(971.1M)(904.8M)(814.3M)(855.0M)

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