Primoris Total Current Assets from 2010 to 2026

1PM Stock  EUR 124.00  2.00  1.64%   
Primoris Services' Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are predicted to flatten to about 1.3 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2016-12-31
Previous Quarter
2.5 B
Current Value
2.6 B
Quarterly Volatility
564.5 M
 
Covid
 
Interest Hikes
Check Primoris Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primoris Services' main balance sheet or income statement drivers, such as Interest Expense of 78.9 M, Selling General Administrative of 239.3 M or Total Revenue of 3.8 B, as well as many indicators such as . Primoris financial statements analysis is a perfect complement when working with Primoris Services Valuation or Volatility modules.
  
This module can also supplement various Primoris Services Technical models . Check out the analysis of Primoris Services Correlation against competitors.
For more detail on how to invest in Primoris Stock please use our How to Invest in Primoris Services guide.
The Total Current Assets trend for Primoris Services offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Primoris Services is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Primoris Services' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Primoris Services over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Primoris Services' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primoris Services' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Primoris Total Current Assets Regression Statistics

Arithmetic Mean1,125,490,847
Geometric Mean1,010,719,129
Coefficient Of Variation52.01
Mean Deviation462,680,390
Median912,707,000
Standard Deviation585,320,733
Sample Variance342600.4T
Range1.8B
R-Value0.83
Mean Square Error114703.2T
R-Squared0.69
Significance0.00004
Slope96,011,859
Total Sum of Squares5481605.8T

Primoris Total Current Assets History

20261.3 B
20252.5 B
20242.2 B
20231.9 B
20221.7 B
20211.2 B
20201.1 B

About Primoris Services Financial Statements

Primoris Services stakeholders use historical fundamental indicators, such as Primoris Services' Total Current Assets, to determine how well the company is positioned to perform in the future. Although Primoris Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Primoris Services' assets and liabilities are reflected in the revenues and expenses on Primoris Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Primoris Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets2.5 B1.3 B

Currently Active Assets on Macroaxis

When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' 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 Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:
Check out the analysis of Primoris Services Correlation against competitors.
For more detail on how to invest in Primoris Stock please use our How to Invest in Primoris Services guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Understanding that Primoris Services' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Primoris Services represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Primoris Services' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.