Primorus Long Term Debt vs Net Receivables Analysis

PRIM Stock   4.10  0.10  2.50%   
Primorus Investments financial indicator trend analysis is much more than just breaking down Primorus Investments plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primorus Investments plc is a good investment. Please check the relationship between Primorus Investments Long Term Debt and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primorus Investments plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primorus Investments plc Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Primorus Investments' Long Term Debt and Net Receivables is 0.7. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Primorus Investments plc, assuming nothing else is changed. The correlation between historical values of Primorus Investments' Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Primorus Investments plc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Primorus Investments' Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Primorus Investments plc has held for over one year. Long-term debt appears on Primorus Investments plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Primorus Investments plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Primorus Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primorus Investments plc 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 Primorus Investments plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 352.4 K in 2024.
 2017 2018 2023 2024 (projected)
Minority Interest1.3M3.3M3.8M1.9M
Research Development22.0M23.5M27.1M18.5M

Primorus Investments fundamental ratios Correlations

0.560.180.580.660.560.250.60.530.370.9-0.570.31-0.520.440.56-0.10.08-0.540.580.560.36-0.5-0.85-0.58-0.15
0.560.870.98-0.191.00.860.320.99-0.150.540.12-0.18-0.98-0.351.0-0.130.18-0.361.01.00.13-0.23-0.48-0.31-0.3
0.180.870.83-0.520.870.950.160.9-0.520.290.34-0.52-0.88-0.60.87-0.060.18-0.240.860.87-0.210.02-0.19-0.16-0.25
0.580.980.83-0.150.980.790.330.99-0.030.520.11-0.06-0.96-0.340.99-0.190.12-0.370.990.980.22-0.28-0.48-0.31-0.28
0.66-0.19-0.52-0.15-0.19-0.40.55-0.230.520.53-0.730.60.210.88-0.19-0.04-0.09-0.45-0.17-0.190.43-0.45-0.48-0.540.17
0.561.00.870.98-0.190.860.320.99-0.150.540.12-0.18-0.98-0.351.0-0.130.18-0.361.01.00.13-0.23-0.48-0.31-0.3
0.250.860.950.79-0.40.860.30.86-0.630.40.2-0.55-0.85-0.410.85-0.020.2-0.370.830.86-0.27-0.06-0.31-0.31-0.13
0.60.320.160.330.550.320.30.29-0.070.55-0.510.27-0.240.450.31-0.37-0.2-0.990.310.320.27-0.66-0.46-1.00.53
0.530.990.90.99-0.230.990.860.29-0.160.510.15-0.2-0.98-0.41.0-0.130.17-0.341.00.990.11-0.2-0.45-0.28-0.31
0.37-0.15-0.52-0.030.52-0.15-0.63-0.07-0.160.04-0.210.820.150.29-0.13-0.16-0.130.15-0.09-0.150.74-0.25-0.120.1-0.2
0.90.540.290.520.530.540.40.550.510.04-0.64-0.09-0.520.370.54-0.010.16-0.50.540.54-0.07-0.39-0.85-0.53-0.21
-0.570.120.340.11-0.730.120.2-0.510.15-0.21-0.64-0.19-0.14-0.720.120.19-0.120.430.110.120.050.60.520.49-0.06
0.31-0.18-0.52-0.060.6-0.18-0.550.27-0.20.82-0.09-0.190.250.51-0.17-0.24-0.21-0.21-0.13-0.180.91-0.41-0.11-0.260.24
-0.52-0.98-0.88-0.960.21-0.98-0.85-0.24-0.980.15-0.52-0.140.250.42-0.980.12-0.180.28-0.98-0.98-0.070.170.390.220.41
0.44-0.35-0.6-0.340.88-0.35-0.410.45-0.40.290.37-0.720.510.42-0.360.110.02-0.36-0.35-0.350.26-0.35-0.49-0.470.31
0.561.00.870.99-0.191.00.850.311.0-0.130.540.12-0.17-0.98-0.36-0.140.17-0.361.01.00.14-0.23-0.48-0.3-0.31
-0.1-0.13-0.06-0.19-0.04-0.13-0.02-0.37-0.13-0.16-0.010.19-0.240.120.11-0.140.550.4-0.15-0.13-0.230.82-0.170.35-0.17
0.080.180.180.12-0.090.180.2-0.20.17-0.130.16-0.12-0.21-0.180.020.170.550.210.160.18-0.190.37-0.20.19-0.3
-0.54-0.36-0.24-0.37-0.45-0.36-0.37-0.99-0.340.15-0.50.43-0.210.28-0.36-0.360.40.21-0.35-0.36-0.230.640.40.99-0.54
0.581.00.860.99-0.171.00.830.311.0-0.090.540.11-0.13-0.98-0.351.0-0.150.16-0.351.00.16-0.25-0.49-0.3-0.31
0.561.00.870.98-0.191.00.860.320.99-0.150.540.12-0.18-0.98-0.351.0-0.130.18-0.361.00.13-0.23-0.48-0.31-0.3
0.360.13-0.210.220.430.13-0.270.270.110.74-0.070.050.91-0.070.260.14-0.23-0.19-0.230.160.13-0.34-0.1-0.260.13
-0.5-0.230.02-0.28-0.45-0.23-0.06-0.66-0.2-0.25-0.390.6-0.410.17-0.35-0.230.820.370.64-0.25-0.23-0.340.30.64-0.2
-0.85-0.48-0.19-0.48-0.48-0.48-0.31-0.46-0.45-0.12-0.850.52-0.110.39-0.49-0.48-0.17-0.20.4-0.49-0.48-0.10.30.450.07
-0.58-0.31-0.16-0.31-0.54-0.31-0.31-1.0-0.280.1-0.530.49-0.260.22-0.47-0.30.350.190.99-0.3-0.31-0.260.640.45-0.55
-0.15-0.3-0.25-0.280.17-0.3-0.130.53-0.31-0.2-0.21-0.060.240.410.31-0.31-0.17-0.3-0.54-0.31-0.30.13-0.20.07-0.55
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Primorus Investments Account Relationship Matchups

Primorus Investments fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9M9.4M9.0M7.7M5.3M5.1M
Other Current Liab(20K)(467K)(49K)(75K)(98K)(93.1K)
Total Current Liabilities20K502K44K110K242K229.9K
Total Stockholder Equity4.8M8.8M8.9M7.5M5.2M8.6M
Net Debt(45K)(4.6M)(941K)(114K)(775K)(736.3K)
Retained Earnings(46.6M)(41.9M)8.6M7.3M4.9M5.2M
Cash45K4.7M941K114K775K1.1M
Non Current Assets Total4.8M4.7M8.0M7.5M2.1M1.9M
Non Currrent Assets Other(4.8M)(4.7M)(8.0M)(7.5M)(2.1M)(2.2M)
Cash And Short Term Investments45K4.7M941K114K3.3M3.4M
Liabilities And Stockholders Equity4.9M9.4M9.0M7.7M5.3M5.1M
Non Current Liabilities Total0.019K20K113K10.8K10.3K
Other Current Assets18K7.2M2K4K4.5K4.3K
Total Liab20K615K44K110K144K136.8K
Total Current Assets49K4.7M946K148K3.3M4.1M
Net Tangible Assets5.2M4.8M8.8M8.9M10.2M5.2M
Net Receivables30K4K1K34K7K6.7K
Long Term Investments4.8M4.7M8.0M7.5M4.6M4.2M
Other Assets11K2K4K(2.5M)(2.3M)(2.1M)

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