Primorus Other Stockholder Equity vs Short Term Debt 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 Other Stockholder Equity and its Short Term Debt 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.

Other Stockholder Equity vs Short Term Debt

Other Stockholder Equity vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primorus Investments plc Other Stockholder Equity account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Primorus Investments' Other Stockholder Equity and Short Term Debt is 0.64. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Debt 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' Other Stockholder Equity and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Primorus Investments plc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Other Stockholder Equity i.e., Primorus Investments' Other Stockholder Equity and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Stockholder Equity

Short Term Debt

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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