Primo Water Financials

PRMW Stock  USD 24.21  0.47  1.90%   
Based on the analysis of Primo Water's profitability, liquidity, and operating efficiency, Primo Water Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Primo Water's Property Plant And Equipment Gross is fairly stable compared to the past year. Common Stock Total Equity is likely to climb to about 1.5 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 847.1 M in 2024. Key indicators impacting Primo Water's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.111.0
Significantly Up
Slightly volatile
Operating Income82.8 M163.4 M
Way Down
Slightly volatile
Current Ratio1.550.9
Way Up
Pretty Stable
The essential information of the day-to-day investment outlook for Primo Water includes many different criteria found on its balance sheet. An individual investor should monitor Primo Water's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Primo Water.

Net Income

68.22 Million

  
Understanding current and past Primo Water Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Primo Water's financial statements are interrelated, with each one affecting the others. For example, an increase in Primo Water's assets may result in an increase in income on the income statement.

Primo Water Earnings Geography

Please note, the imprecision that can be found in Primo Water's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Primo Water Corp. Check Primo Water's Beneish M Score to see the likelihood of Primo Water's management manipulating its earnings.

Primo Water Stock Summary

Primo Water competes with Embotelladora Andina, Signet International, National Beverage, Vita Coco, and Coca Cola. Primo Water Corporation provides pure-play water solutions for residential and commercial customers. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida. Primo Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on New York Stock Exchange. It employs 9230 people.
Specialization
Consumer Defensive, Beverages - Non-Alcoholic
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA74167P1080
Business Address1150 Assembly Drive,
SectorBeverages
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websiteprimowatercorp.com
Phone813 544 8515
CurrencyUSD - US Dollar

Primo Water Key Financial Ratios

Primo Water Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B3.7B3.7B3.5B1.8B
Other Current Liab18.3M252.5M256.3M339.3M292M306.6M
Net Debt1.4B1.5B1.6B1.6B926.7M764.5M
Retained Earnings265M81.1M16.4M(9.4M)167.2M84.2M
Accounts Payable200.4M135.2M181.4M108M94.3M152.1M
Cash205.5M115.1M128.4M122.6M507.9M533.3M
Net Receivables279.3M222.3M241.1M156.6M146.4M197.9M
Inventory122.5M83.8M94.6M112.1M47.3M44.9M
Other Current Assets35M42.6M45.7M237.3M164.3M172.5M
Total Liab2.2B2.3B2.4B2.4B2.1B1.2B
Total Current Assets642.3M442.5M509.8M538M865.9M470.8M
Short Term Debt141.5M161.1M272.1M243.3M39.8M37.8M
Intangible Assets701.4M987.6M969.8M894.7M714.2M438.1M
Common Stock892.3M1.3B1.3B1.3B1.3B1.4B
Good Will1.2B1.3B1.3B1.3B1.0B726.0M
Other Liab202.8M215.9M223.7M235.2M270.5M284.0M
Other Assets225M24.1M26.9M28.3M1.00.95
Long Term Debt1.2B1.3B1.3B1.3B1.2B813.5M
Net Tangible Assets(478.3M)(925M)(971.1M)(904.8M)(814.3M)(855.0M)

Primo Water Key Income Statement Accounts

The reason investors look at the income statement is to determine what Primo Water's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense78.2M81.6M68.8M69.8M71.4M53.8M
Total Revenue2.4B2.0B2.1B2.2B1.8B1.8B
Gross Profit1.2B1.1B1.2B1.3B1.1B1.2B
Ebit90.4M(74.6M)74.4M153.2M162.2M86.5M
Ebitda304.8M138.1M291.6M328M355.5M192.0M
Cost Of Revenue1.2B839.6M915.9M921.7M634.8M603.1M
Income Before Tax9.4M(152.5M)6.3M49.3M90.8M95.3M
Net Income(100K)(156.8M)(3.2M)29.6M65.0M68.2M
Income Tax Expense(4.8M)9.5M4.3M19.7M27M28.4M
Tax Provision(4.8M)9.5M4.3M19.7M38.8M40.7M
Net Interest Income(78.2M)(81.6M)(68.8M)(69.8M)(75.7M)(79.5M)

Primo Water Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(7.5M)1M(10.9M)(22.2M)7.2M7.6M
Change In Cash34.7M(90.4M)13.3M(5.8M)426.5M447.9M
Free Cash Flow121.3M52.9M95.2M65M206.3M216.6M
Depreciation192.8M202.1M219.1M242.8M193.3M106.8M
Other Non Cash Items11.6M129.8M41.1M19.5M63.1M66.3M
Dividends Paid32.5M39.6M38.9M45.4M52.6M55.3M
Capital Expenditures125.5M123.3M161.7M216.6M150.4M81.3M
Net Income(100K)(156.8M)(3.2M)29.6M63.8M67.0M
End Period Cash Flow205.5M115.1M128.4M122.6M505.3M530.6M
Net Borrowings5.9M700K92.3M(34M)(39.1M)(37.1M)
Change To Netincome49.7M123.5M59.2M47.5M54.6M65.8M
Investments(147.8M)(178M)(240.9M)(181.5M)(159.7M)(167.7M)

Primo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Primo Water's current stock value. Our valuation model uses many indicators to compare Primo Water value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Primo Water competition to find correlations between indicators driving Primo Water's intrinsic value. More Info.
Primo Water Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Primo Water Corp is roughly  1.73 . At this time, Primo Water's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Primo Water by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Primo Water Market Pulse

 Quote24.21
 Change(%)  1.90 
 Change0.47 
 Open24.68
 Low23.64
 High26.02
 Volume0
 ExchangeNYSE
Today, most investors in Primo Water Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Primo Water's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Primo Water growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0388)

At this time, Primo Water's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Primo Water November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Primo Water help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Primo Water Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Primo Water Corp based on widely used predictive technical indicators. In general, we focus on analyzing Primo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Primo Water's daily price indicators and compare them against related drivers.

Additional Tools for Primo Stock Analysis

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.