Primerica Fixed Asset Turnover from 2010 to 2024

PRI Stock  USD 301.73  4.86  1.64%   
Primerica's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 23.25. For the period between 2010 and 2024, Primerica, Fixed Asset Turnover quarterly trend regression had mean deviation of  14.98 and range of 65.8887. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
24.47341614
Current Value
23.25
Quarterly Volatility
20.46610799
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primerica's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.7 M, Interest Expense of 26.7 M or Selling General Administrative of 222.2 M, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.012 or PTB Ratio of 3.76. Primerica financial statements analysis is a perfect complement when working with Primerica Valuation or Volatility modules.
  
Check out the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.

Latest Primerica's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Primerica over the last few years. It is Primerica's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primerica's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Primerica Fixed Asset Turnover Regression Statistics

Arithmetic Mean56.47
Geometric Mean52.74
Coefficient Of Variation36.24
Mean Deviation14.98
Median52.78
Standard Deviation20.47
Sample Variance418.86
Range65.8887
R-Value(0.75)
Mean Square Error200.16
R-Squared0.56
Significance0
Slope(3.41)
Total Sum of Squares5,864

Primerica Fixed Asset Turnover History

2024 23.25
2023 24.47
2022 67.16
2021 56.52
2020 47.62
2019 43.43
2018 52.78

About Primerica Financial Statements

Investors use fundamental indicators, such as Primerica's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Primerica's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 24.47  23.25 

Currently Active Assets on Macroaxis

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 the analysis of Primerica Correlation against competitors.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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
19.94
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.