Primis Retained Earnings vs Short Term Investments Analysis

FRST Stock

USD 10.56 0.01 0.09%

Primis Financial financial indicator trend analysis is much more than just breaking down Primis Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primis Financial Corp is a good investment. Please check the relationship between Primis Financial Retained Earnings and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primis Financial Corp Retained Earnings account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Primis Financial's Retained Earnings and Short Term Investments is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Primis Financial Corp, assuming nothing else is changed. The correlation between historical values of Primis Financial's Retained Earnings and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Primis Financial Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Primis Financial's Retained Earnings and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Investments

Short Term Investments is an item under the current assets section of Primis Financial balance sheet. It contains any investments Primis Financial Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Primis Financial Corp can easily liquidate in the marketplace.

Most indicators from Primis Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primis Financial Corp 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At this time, Primis Financial's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 5.5 M in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (37.01).

	2021	2022	2023	2024 (projected)
Interest Expense	19.0M	21.6M	10.1M	13.4M
Depreciation And Amortization	1.4M	1.3M	11.2M	11.7M

Interest Expense Depreciation And Amortization

Primis Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Accounts Payable	Short Term Investments	Intangible Assets	Property Plant Equipment	Property Plant And Equipment Net
Total Assets		0.71	0.84	0.88	0.21	0.93	0.44	0.65	0.56	0.83	0.59	0.75	0.85	0.84	0.59	0.98	0.71	-0.03	0.39	0.56	0.97	1.0	0.97	0.57	0.74	0.83
Short Long Term Debt Total	0.71		0.55	0.8	0.61	0.5	0.23	0.08	-0.02	0.65	0.53	0.42	0.77	0.72	0.53	0.73	0.54	0.34	0.92	-0.02	0.7	0.67	0.67	0.13	0.69	0.8
Total Current Liabilities	0.84	0.55		0.67	-0.04	0.91	0.59	0.56	0.5	0.76	0.64	0.52	0.59	0.62	0.73	0.73	0.45	-0.35	0.24	0.5	0.78	0.84	0.85	0.31	0.55	0.56
Total Stockholder Equity	0.88	0.8	0.67		0.22	0.74	0.5	0.28	0.18	0.67	0.7	0.78	0.97	0.97	0.39	0.9	0.5	0.14	0.56	0.18	0.87	0.86	0.84	0.33	0.9	0.97
Net Debt	0.21	0.61	-0.04	0.22		0.02	-0.63	0.04	0.01	0.28	-0.34	0.08	0.28	0.2	0.41	0.27	0.62	0.31	0.66	0.01	0.28	0.16	0.13	0.17	0.09	0.26
Retained Earnings	0.93	0.5	0.91	0.74	0.02		0.47	0.73	0.66	0.79	0.54	0.72	0.69	0.72	0.69	0.86	0.66	-0.34	0.14	0.67	0.89	0.95	0.94	0.54	0.58	0.66
Cash	0.44	0.23	0.59	0.5	-0.63	0.47		0.03	-0.03	0.29	0.93	0.3	0.41	0.46	0.02	0.38	-0.24	-0.05	0.08	-0.03	0.34	0.46	0.5	-0.09	0.56	0.46
Non Current Assets Total	0.65	0.08	0.56	0.28	0.04	0.73	0.03		0.99	0.64	-0.03	0.36	0.32	0.27	0.46	0.6	0.71	-0.33	-0.27	0.99	0.63	0.67	0.66	0.76	0.18	0.23
Non Currrent Assets Other	0.56	-0.02	0.5	0.18	0.01	0.66	-0.03	0.99		0.58	-0.11	0.28	0.21	0.16	0.43	0.5	0.66	-0.37	-0.36	1.0	0.54	0.58	0.58	0.74	0.08	0.12
Other Assets	0.83	0.65	0.76	0.67	0.28	0.79	0.29	0.64	0.58		0.4	0.41	0.65	0.59	0.6	0.8	0.65	-0.2	0.37	0.58	0.84	0.83	0.83	0.28	0.55	0.64
Cash And Short Term Investments	0.59	0.53	0.64	0.7	-0.34	0.54	0.93	-0.03	-0.11	0.4		0.46	0.59	0.64	0.16	0.56	-0.05	0.07	0.39	-0.11	0.51	0.59	0.64	-0.06	0.72	0.68
Net Receivables	0.75	0.42	0.52	0.78	0.08	0.72	0.3	0.36	0.28	0.41	0.46		0.72	0.81	0.27	0.78	0.45	-0.08	0.15	0.28	0.79	0.76	0.69	0.53	0.67	0.77
Common Stock Total Equity	0.85	0.77	0.59	0.97	0.28	0.69	0.41	0.32	0.21	0.65	0.59	0.72		0.98	0.36	0.89	0.55	0.23	0.55	0.22	0.84	0.83	0.78	0.37	0.9	0.93
Common Stock Shares Outstanding	0.84	0.72	0.62	0.97	0.2	0.72	0.46	0.27	0.16	0.59	0.64	0.81	0.98		0.38	0.88	0.5	0.17	0.51	0.17	0.83	0.83	0.78	0.36	0.88	0.92
Non Current Liabilities Total	0.59	0.53	0.73	0.39	0.41	0.69	0.02	0.46	0.43	0.6	0.16	0.27	0.36	0.38		0.48	0.68	-0.34	0.37	0.43	0.54	0.58	0.58	0.25	0.15	0.25
Other Stockholder Equity	0.98	0.73	0.73	0.9	0.27	0.86	0.38	0.6	0.5	0.8	0.56	0.78	0.89	0.88	0.48		0.72	0.08	0.43	0.5	0.97	0.97	0.95	0.58	0.81	0.89
Total Liab	0.71	0.54	0.45	0.5	0.62	0.66	-0.24	0.71	0.66	0.65	-0.05	0.45	0.55	0.5	0.68	0.72		0.01	0.33	0.67	0.69	0.7	0.68	0.69	0.3	0.46
Total Current Assets	-0.03	0.34	-0.35	0.14	0.31	-0.34	-0.05	-0.33	-0.37	-0.2	0.07	-0.08	0.23	0.17	-0.34	0.08	0.01		0.51	-0.37	-0.06	-0.07	-0.1	0.14	0.23	0.2
Short Term Debt	0.39	0.92	0.24	0.56	0.66	0.14	0.08	-0.27	-0.36	0.37	0.39	0.15	0.55	0.51	0.37	0.43	0.33	0.51		-0.35	0.38	0.33	0.34	-0.14	0.5	0.59
Common Stock	0.56	-0.02	0.5	0.18	0.01	0.67	-0.03	0.99	1.0	0.58	-0.11	0.28	0.22	0.17	0.43	0.5	0.67	-0.37	-0.35		0.54	0.59	0.58	0.74	0.09	0.12
Other Liab	0.97	0.7	0.78	0.87	0.28	0.89	0.34	0.63	0.54	0.84	0.51	0.79	0.84	0.83	0.54	0.97	0.69	-0.06	0.38	0.54		0.97	0.92	0.53	0.73	0.85
Accounts Payable	1.0	0.67	0.84	0.86	0.16	0.95	0.46	0.67	0.58	0.83	0.59	0.76	0.83	0.83	0.58	0.97	0.7	-0.07	0.33	0.59	0.97		0.97	0.58	0.72	0.82
Short Term Investments	0.97	0.67	0.85	0.84	0.13	0.94	0.5	0.66	0.58	0.83	0.64	0.69	0.78	0.78	0.58	0.95	0.68	-0.1	0.34	0.58	0.92	0.97		0.55	0.73	0.8
Intangible Assets	0.57	0.13	0.31	0.33	0.17	0.54	-0.09	0.76	0.74	0.28	-0.06	0.53	0.37	0.36	0.25	0.58	0.69	0.14	-0.14	0.74	0.53	0.58	0.55		0.25	0.3
Property Plant Equipment	0.74	0.69	0.55	0.9	0.09	0.58	0.56	0.18	0.08	0.55	0.72	0.67	0.9	0.88	0.15	0.81	0.3	0.23	0.5	0.09	0.73	0.72	0.73	0.25		0.9
Property Plant And Equipment Net	0.83	0.8	0.56	0.97	0.26	0.66	0.46	0.23	0.12	0.64	0.68	0.77	0.93	0.92	0.25	0.89	0.46	0.2	0.59	0.12	0.85	0.82	0.8	0.3	0.9

Click cells to compare fundamentals

Primis Financial Account Relationship Matchups

Primis Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.1B	3.4B	3.6B	3.9B	4.1B
Short Long Term Debt Total	186.8M	223.6M	201.5M	426.1M	160.7M	127.2M
Total Current Liabilities	121.6M	1.9B	2.3B	2.7B	2.0B	2.1B
Total Stockholder Equity	377.2M	390.6M	411.9M	394.4M	397.3M	205.2M
Net Debt	154.9M	27.4M	(328.6M)	348.2M	83.1M	61.4M
Retained Earnings	69.5M	78.0M	99.4M	107.3M	123.4M	129.5M
Cash	31.9M	196.2M	530.2M	77.9M	77.6M	65.8M
Non Current Assets Total	385.6M	339.6M	440.0M	388.3M	3.8B	4.0B
Non Currrent Assets Other	(11.8M)	(14.6M)	(9.6M)	(18.3M)	3.6B	3.8B
Other Assets	2.1B	2.4B	2.2B	2.9B	3.3B	3.5B
Cash And Short Term Investments	196.7M	349.4M	801.5M	314.2M	77.6M	128.6M
Common Stock Total Equity	241K	243K	245K	246K	282.9K	151.5K
Common Stock Shares Outstanding	24.3M	24.4M	24.6M	24.7M	24.7M	15.4M
Liabilities And Stockholders Equity	2.7B	3.1B	3.4B	3.6B	3.9B	4.1B
Non Current Liabilities Total	186.8M	223.6M	201.5M	3.2B	1.4B	1.5B
Other Stockholder Equity	306.8M	308.9M	311.1M	312.7M	359.6M	377.6M
Total Liab	2.3B	223.6M	201.5M	3.2B	3.5B	3.6B
Total Current Assets	196.7M	369.4M	813.4M	314.2M	84.3M	80.1M
Short Term Debt	121.6M	118.6M	110.0M	333.6M	3.0M	2.9M
Common Stock	241K	243K	245K	246K	397.3M	417.2M
Other Liab	20.5M	25.9M	18.1M	22.2M	25.6M	26.8M
Accounts Payable	2.1B	2.4B	2.8B	2.7B	3.1B	3.3B
Short Term Investments	164.8M	153.2M	271.3M	236.3M	271.8M	285.4M
Intangible Assets	7.2M	5.8M	4.5M	3.3M	95.4M	100.2M
Property Plant Equipment	31.2M	37.8M	42.0M	28.4M	32.6M	19.2M
Property Plant And Equipment Net	39.2M	37.8M	36.3M	30.6M	31.3M	18.8M
Other Current Assets	38.2M	219.3M	543.2M	94.8M	84.3M	80.1M
Property Plant And Equipment Gross	39.2M	37.8M	54.6M	30.6M	35.2M	19.1M
Accumulated Other Comprehensive Income	783K	3.5M	1.1M	(25.9M)	(23.3M)	(22.1M)
Long Term Debt	56.7M	215.3M	95.0M	420.3M	483.4M	507.5M
Inventory	5.1M	6.2M	(219.3M)	(543.2M)	(488.9M)	(464.4M)
Other Current Liab	(121.6M)	1.8B	2.2B	2.3B	2.0B	1.4B
Net Tangible Assets	268.1M	282.8M	305.5M	286.5M	329.5M	201.2M
Retained Earnings Total Equity	69.5M	78.0M	99.4M	107.3M	123.4M	129.5M
Capital Surpluse	306.8M	308.9M	311.1M	312.7M	359.6M	225.0M
Long Term Investments	2.3B	194.0M	2.3B	249.8M	287.3M	272.9M
Non Current Liabilities Other	41.9M	50.2M	37.2M	34.4M	39.6M	36.5M

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When determining whether Primis Financial Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Primis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Primis Financial Corp Stock. Highlighted below are key reports to facilitate an investment decision about Primis Financial Corp Stock:

How To Invest In Primis

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Is Primis Stock a good investment?

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What is Primis Financial's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Primis Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Primis Financial's price analysis, check to measure Primis Financial'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 Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.

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Is Primis Financial's industry 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 Primis Financial. If investors know Primis 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 Primis Financial 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

1.627

Dividend Share

0.4

Revenue Per Share

5.504

Quarterly Revenue Growth

0.089

Return On Assets

0.0021

The market value of Primis Financial Corp is measured differently than its book value, which is the value of Primis that is recorded on the company's balance sheet. Investors also form their own opinion of Primis Financial's value that differs from its market value or its book value, called intrinsic value, which is Primis Financial'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 Primis Financial's market value can be influenced by many factors that don't directly affect Primis Financial'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 Primis Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primis Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primis Financial'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.

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Primis Retained Earnings vs Short Term Investments Analysis

Retained Earnings vs Short Term Investments

Retained Earnings vs Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Investments

Primis Financial fundamental ratios Correlations

Primis Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Primis Financial fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Primis Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Common Stock	+ 1.0	Non Currrent Assets Other
Non Currrent Assets Other	+ 0.99	Non Current Assets Total
Common Stock	+ 0.99	Non Current Assets Total
Other Stockholder Equity	+ 0.98	Total Assets
Common Stock Shares Outstanding	+ 0.98	Common Stock Total Equity

Cash	- 0.63	Net Debt
Common Stock	- 0.37	Total Current Assets
Total Current Assets	- 0.37	Non Currrent Assets Other
Short Term Debt	- 0.36	Non Currrent Assets Other
Common Stock	- 0.35	Short Term Debt
Total Current Assets	- 0.35	Total Current Liabilities