Primo Short Term Debt vs Net Debt Analysis
PRMW Stock | USD 22.16 0.10 0.45% |
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 Short Term Debt and its Net Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in population.
Short Term Debt vs Net Debt
Short Term Debt vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Water Corp Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Primo Water's Short Term Debt and Net Debt is 0.89. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt 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 Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Primo Water Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Primo Water's Short Term Debt and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Term Debt
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 tightly coupled 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 Expense | 68.8M | 69.8M | 72.7M | 53.8M | Depreciation And Amortization | 211.3M | 248.1M | 196.8M | 107.5M |
Primo Water fundamental ratios Correlations
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Primo Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primo Water fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.6B | 3.7B | 3.7B | 3.5B | 1.8B | |
Short Long Term Debt Total | 1.6B | 1.7B | 1.7B | 1.7B | 1.4B | 846.8M | |
Other Current Liab | 18.3M | 15.5M | 20.7M | 16.9M | 233.4M | 245.1M | |
Total Current Liabilities | 607.6M | 548.8M | 709.8M | 690.6M | 423.9M | 382.3M | |
Total Stockholder Equity | 1.2B | 1.3B | 1.3B | 1.3B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 850.9M | 866.2M | 895.5M | 913M | 689.0M | 488.0M | |
Net Debt | 1.4B | 1.5B | 1.6B | 1.6B | 922.0M | 764.4M | |
Retained Earnings | 265M | 81.1M | 16.4M | (9.4M) | 166.3M | 84.2M | |
Accounts Payable | 200.4M | 135.2M | 181.4M | 163.7M | 93.8M | 154.0M | |
Cash | 205.5M | 115.1M | 128.4M | 122.6M | 505.3M | 530.6M | |
Non Current Assets Total | 2.7B | 3.2B | 3.2B | 3.1B | 2.6B | 1.4B | |
Non Currrent Assets Other | 20.6M | 24.1M | 26.9M | 28.3M | 235.7M | 247.5M | |
Cash And Short Term Investments | 205.5M | 115.1M | 128.4M | 122.6M | 505.3M | 530.6M | |
Net Receivables | 279.3M | 222.3M | 261.6M | 258.6M | 155.2M | 202.3M | |
Common Stock Shares Outstanding | 135.2M | 155.4M | 160.8M | 161.9M | 160.6M | 99.0M | |
Liabilities And Stockholders Equity | 3.4B | 3.6B | 3.7B | 3.7B | 3.5B | 1.8B | |
Non Current Liabilities Total | 1.4B | 1.6B | 1.7B | 1.7B | 1.6B | 842.4M | |
Inventory | 122.5M | 83.8M | 94.6M | 112.1M | 47.1M | 44.7M | |
Other Current Assets | 35M | 21.3M | 25.2M | 44.7M | 153.9M | 161.6M | |
Other Stockholder Equity | 77.4M | 84.5M | 85.9M | 91.3K | 90.1M | 105.1M | |
Total Liab | 2.2B | 2.3B | 2.4B | 2.4B | 2.1B | 1.2B | |
Property Plant And Equipment Gross | 647M | 866.2M | 895.5M | 913M | 1.3B | 1.3B | |
Total Current Assets | 642.3M | 442.5M | 509.8M | 538M | 861.5M | 470.6M | |
Accumulated Other Comprehensive Income | (68.5M) | (86.7M) | (69.1M) | (82.2M) | (104.6M) | (99.3M) | |
Short Term Debt | 141.5M | 161.1M | 272.1M | 265.5M | 39.6M | 37.6M | |
Intangible Assets | 701.4M | 987.6M | 969.8M | 894.7M | 714.2M | 438.1M | |
Common Stock | 892.3M | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Good Will | 1.2B | 1.3B | 1.3B | 1.3B | 999.5M | 725.7M | |
Other Liab | 202.8M | 215.9M | 223.7M | 235.2M | 270.5M | 284.0M | |
Current Deferred Revenue | 247.4M | 237M | 235.6M | 244.5M | 57.1M | 54.3M | |
Other Assets | 225M | 24.1M | 26.9M | 28.3M | 1.0 | 0.95 | |
Long Term Debt | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | 813.5M | |
Property Plant Equipment | 743.8M | 866.2M | 895.5M | 913M | 1.0B | 1.1B | |
Net Tangible Assets | (478.3M) | (925M) | (971.1M) | (904.8M) | (814.3M) | (855.0M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Primo Water Corp is a strong investment it is important to analyze Primo Water'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 Primo Water's future performance. For an informed investment choice regarding Primo Stock, refer to the following important reports: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 tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Primo Water's price analysis, check to measure Primo Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primo Water is operating at the current time. Most of Primo Water's value examination focuses on studying past and present price action to predict the probability of Primo Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primo Water's price. Additionally, you may evaluate how the addition of Primo Water to your portfolios can decrease your overall portfolio volatility.
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Is Primo Water's industry 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 Primo Water. If investors know Primo 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 Primo Water 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 3.331 | Dividend Share 0.33 | Earnings Share 0.5 | Revenue Per Share 11.362 | Quarterly Revenue Growth 0.096 |
The market value of Primo Water Corp is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Water's value that differs from its market value or its book value, called intrinsic value, which is Primo Water'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 Primo Water's market value can be influenced by many factors that don't directly affect Primo Water'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 Primo Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Water'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.