PrimeEnergy Income Quality from 2010 to 2025
| PNRG Stock | USD 217.90 14.61 6.28% |
Income Quality | First Reported 2010-12-31 | Previous Quarter 3.49 | Current Value 6.57 | Quarterly Volatility 4.53810009 |
Check PrimeEnergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PrimeEnergy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.2 M, Interest Expense of 584.5 K or Total Revenue of 148.7 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0314 or PTB Ratio of 1.34. PrimeEnergy financial statements analysis is a perfect complement when working with PrimeEnergy Valuation or Volatility modules.
PrimeEnergy | Income Quality |
Latest PrimeEnergy's Income Quality Growth Pattern
Below is the plot of the Income Quality of PrimeEnergy over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. PrimeEnergy's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PrimeEnergy's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
|
Income Quality |
| Timeline |
PrimeEnergy Income Quality Regression Statistics
| Arithmetic Mean | 3.11 | |
| Geometric Mean | 3.03 | |
| Coefficient Of Variation | 145.92 | |
| Mean Deviation | 3.10 | |
| Median | 2.66 | |
| Standard Deviation | 4.54 | |
| Sample Variance | 20.59 | |
| Range | 20.3919 | |
| R-Value | 0.12 | |
| Mean Square Error | 21.74 | |
| R-Squared | 0.01 | |
| Significance | 0.65 | |
| Slope | 0.12 | |
| Total Sum of Squares | 308.92 |
PrimeEnergy Income Quality History
About PrimeEnergy Financial Statements
PrimeEnergy stakeholders use historical fundamental indicators, such as PrimeEnergy's Income Quality, to determine how well the company is positioned to perform in the future. Although PrimeEnergy investors may analyze each financial statement separately, they are all interrelated. For example, changes in PrimeEnergy's assets and liabilities are reflected in the revenues and expenses on PrimeEnergy's 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 PrimeEnergy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Quality | 3.49 | 6.57 |
Currently Active Assets on Macroaxis
| EBR | Centrais Electricas Brasileiras | |
| HE | Hawaiian Electric Industries | |
| VFC | VF Corporation | |
| BVHMF | Vistry Group PLC | |
| S | SentinelOne |
Check out the analysis of PrimeEnergy Correlation against competitors. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Exploration & Production 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 PrimeEnergy. If investors know PrimeEnergy 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 PrimeEnergy 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 1.034 | Earnings Share 23.2 | Revenue Per Share | Quarterly Revenue Growth 1.178 | Return On Assets |
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy'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 PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy'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 PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy'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.