Primis Total Assets vs Non Current Liabilities Total Analysis

FRST Stock  USD 10.17  0.52  4.86%   
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 Total Assets and its Non Current Liabilities Total 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primis Financial Corp Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Primis Financial's Total Assets and Non Current Liabilities Total is 0.62. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Primis Financial Corp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Primis Financial's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Primis Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Primis Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

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 Expense19.0M21.6M10.1M13.4M
Depreciation And Amortization1.4M1.3M11.2M11.7M

Primis Financial fundamental ratios Correlations

0.710.840.880.210.930.440.650.560.830.590.750.850.840.620.980.71-0.030.390.560.971.00.970.570.740.83
0.710.550.80.610.50.230.08-0.020.650.530.420.770.720.550.730.540.340.92-0.020.70.670.670.130.690.8
0.840.550.67-0.040.910.590.560.50.760.640.520.590.620.760.730.45-0.350.240.50.780.840.850.310.550.56
0.880.80.670.220.740.50.280.180.670.70.780.970.970.430.90.50.140.560.180.870.860.840.330.90.97
0.210.61-0.040.220.02-0.630.040.010.28-0.340.080.280.20.410.270.620.310.660.010.280.160.130.170.090.26
0.930.50.910.740.020.470.730.660.790.540.720.690.720.710.860.66-0.340.140.670.890.950.940.540.580.66
0.440.230.590.5-0.630.470.03-0.030.290.930.30.410.460.030.38-0.24-0.050.08-0.030.340.460.5-0.090.560.46
0.650.080.560.280.040.730.030.990.64-0.030.360.320.270.480.60.71-0.33-0.270.990.630.670.660.760.180.23
0.56-0.020.50.180.010.66-0.030.990.58-0.110.280.210.160.450.50.66-0.37-0.361.00.540.580.580.740.080.12
0.830.650.760.670.280.790.290.640.580.40.410.650.590.610.80.65-0.20.370.580.840.830.830.280.550.64
0.590.530.640.7-0.340.540.93-0.03-0.110.40.460.590.640.180.56-0.050.070.39-0.110.510.590.64-0.060.720.68
0.750.420.520.780.080.720.30.360.280.410.460.720.810.310.780.45-0.080.150.280.790.760.690.530.670.77
0.850.770.590.970.280.690.410.320.210.650.590.720.980.40.890.550.230.550.220.840.830.780.370.90.93
0.840.720.620.970.20.720.460.270.160.590.640.810.980.410.880.50.170.510.170.830.830.780.360.880.92
0.620.550.760.430.410.710.030.480.450.610.180.310.40.410.520.69-0.360.360.450.570.610.620.280.210.3
0.980.730.730.90.270.860.380.60.50.80.560.780.890.880.520.720.080.430.50.970.970.950.580.810.89
0.710.540.450.50.620.66-0.240.710.660.65-0.050.450.550.50.690.720.010.330.670.690.70.680.690.30.46
-0.030.34-0.350.140.31-0.34-0.05-0.33-0.37-0.20.07-0.080.230.17-0.360.080.010.51-0.37-0.06-0.07-0.10.140.230.2
0.390.920.240.560.660.140.08-0.27-0.360.370.390.150.550.510.360.430.330.51-0.350.380.330.34-0.140.50.59
0.56-0.020.50.180.010.67-0.030.991.00.58-0.110.280.220.170.450.50.67-0.37-0.350.540.590.580.740.090.12
0.970.70.780.870.280.890.340.630.540.840.510.790.840.830.570.970.69-0.060.380.540.970.920.530.730.85
1.00.670.840.860.160.950.460.670.580.830.590.760.830.830.610.970.7-0.070.330.590.970.970.580.720.82
0.970.670.850.840.130.940.50.660.580.830.640.690.780.780.620.950.68-0.10.340.580.920.970.550.730.8
0.570.130.310.330.170.54-0.090.760.740.28-0.060.530.370.360.280.580.690.14-0.140.740.530.580.550.250.3
0.740.690.550.90.090.580.560.180.080.550.720.670.90.880.210.810.30.230.50.090.730.720.730.250.9
0.830.80.560.970.260.660.460.230.120.640.680.770.930.920.30.890.460.20.590.120.850.820.80.30.9
Click cells to compare fundamentals

Primis Financial Account Relationship Matchups

Primis Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.1B3.4B3.6B3.9B4.1B
Short Long Term Debt Total186.8M223.6M201.5M426.1M160.7M127.2M
Total Current Liabilities121.6M1.9B2.3B2.7B2.0B2.1B
Total Stockholder Equity377.2M390.6M411.9M394.4M397.3M205.2M
Net Debt154.9M27.4M(328.6M)348.2M83.1M61.4M
Retained Earnings69.5M78.0M99.4M107.3M123.4M129.5M
Cash31.9M196.2M530.2M77.9M77.6M65.8M
Non Current Assets Total385.6M339.6M440.0M388.3M3.8B4.0B
Non Currrent Assets Other(11.8M)(14.6M)(9.6M)(18.3M)3.6B3.8B
Other Assets2.1B2.4B2.2B2.9B3.3B3.5B
Cash And Short Term Investments196.7M349.4M801.5M314.2M77.6M128.6M
Common Stock Total Equity241K243K245K246K282.9K151.5K
Common Stock Shares Outstanding24.3M24.4M24.6M24.7M24.7M15.4M
Liabilities And Stockholders Equity2.7B3.1B3.4B3.6B3.9B4.1B
Non Current Liabilities Total186.8M223.6M201.5M3.2B1.4B1.5B
Other Stockholder Equity306.8M308.9M311.1M312.7M359.6M377.6M
Total Liab2.3B223.6M201.5M3.2B3.5B3.6B
Total Current Assets196.7M369.4M813.4M314.2M84.3M80.1M
Short Term Debt121.6M118.6M110.0M333.6M3.0M2.9M
Common Stock241K243K245K246K397.3M417.2M
Other Liab20.5M25.9M18.1M22.2M25.6M26.8M
Accounts Payable2.1B2.4B2.8B2.7B3.1B3.3B
Short Term Investments164.8M153.2M271.3M236.3M271.8M285.4M
Intangible Assets7.2M5.8M4.5M3.3M95.4M100.2M
Property Plant Equipment31.2M37.8M42.0M28.4M32.6M19.2M
Property Plant And Equipment Net39.2M37.8M36.3M30.6M31.3M18.8M
Other Current Assets38.2M219.3M543.2M94.8M84.3M80.1M
Property Plant And Equipment Gross39.2M37.8M54.6M30.6M35.2M19.1M
Accumulated Other Comprehensive Income783K3.5M1.1M(25.9M)(23.3M)(22.1M)
Long Term Debt56.7M215.3M95.0M420.3M483.4M507.5M
Inventory5.1M6.2M(219.3M)(543.2M)(488.9M)(464.4M)
Other Current Liab(121.6M)1.8B2.2B2.3B2.0B1.4B
Net Tangible Assets268.1M282.8M305.5M286.5M329.5M201.2M
Retained Earnings Total Equity69.5M78.0M99.4M107.3M123.4M129.5M
Capital Surpluse306.8M308.9M311.1M312.7M359.6M225.0M
Long Term Investments2.3B194.0M2.3B249.8M287.3M272.9M
Non Current Liabilities Other41.9M50.2M37.2M34.4M39.6M36.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Primis Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Primis Financial's short interest history, or implied volatility extrapolated from Primis Financial options trading.

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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:
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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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.