Palomar Retained Earnings vs Net Debt Analysis

PLMR Stock

USD 78.67 1.58 1.97%

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

To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Palomar Holdings Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Palomar Holdings' Retained Earnings and Net Debt is -0.34. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Palomar Holdings, assuming nothing else is changed. The correlation between historical values of Palomar Holdings' Retained Earnings and Net 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 Retained Earnings of Palomar Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Palomar Holdings' Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Palomar Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Palomar Holdings 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 Palomar Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.As of 05/01/2024, Tax Provision is likely to grow to about 24.2 M, while Enterprise Value Over EBITDA is likely to drop 7.10.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.5M	5.7M	4.5M	4.7M
Interest Income	9.6M	14.4M	21.6M	22.7M

Depreciation And Amortization Interest Income

Palomar Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Net Debt	Non Current Assets Total
Total Assets		-0.71	0.39	0.96	0.96	0.84	0.8	0.98	0.57	0.59	0.84	0.87	0.59	0.97	0.16	0.95	0.99	0.98	0.86	0.89	-0.94	0.45	0.72	-0.87	-0.65	0.56
Other Current Liab	-0.71		0.29	-0.59	-0.62	-0.32	-0.33	-0.75	-0.18	-0.2	-0.34	-0.51	-0.2	-0.61	0.49	-0.68	-0.75	-0.59	-0.75	-0.57	0.55	-0.08	-0.3	0.31	0.71	0.09
Total Current Liabilities	0.39	0.29		0.45	0.39	0.8	0.8	0.32	0.73	0.75	0.8	0.53	0.75	0.4	0.81	0.36	0.35	0.49	0.14	0.33	-0.52	0.6	0.76	-0.7	0.18	0.9
Total Stockholder Equity	0.96	-0.59	0.45		1.0	0.84	0.75	0.94	0.45	0.47	0.83	0.87	0.47	1.0	0.36	0.98	0.91	0.99	0.89	0.93	-0.94	0.31	0.63	-0.87	-0.71	0.68
Net Tangible Assets	0.96	-0.62	0.39	1.0		0.81	0.72	0.95	0.41	0.43	0.79	0.85	0.42	1.0	0.32	0.98	0.91	0.98	0.9	0.93	-0.93	0.28	0.59	-0.85	-0.75	0.64
Retained Earnings	0.84	-0.32	0.8	0.84	0.81		0.97	0.81	0.79	0.81	0.99	0.84	0.8	0.81	0.54	0.8	0.81	0.87	0.64	0.7	-0.89	0.57	0.9	-0.91	-0.34	0.85
Accounts Payable	0.8	-0.33	0.8	0.75	0.72	0.97		0.75	0.9	0.92	0.98	0.79	0.91	0.72	0.42	0.72	0.8	0.82	0.53	0.62	-0.81	0.72	0.97	-0.85	-0.19	0.77
Cash	0.98	-0.75	0.32	0.94	0.95	0.81	0.75		0.52	0.53	0.8	0.82	0.52	0.95	0.12	0.94	0.97	0.94	0.87	0.83	-0.92	0.35	0.67	-0.82	-0.74	0.5
Other Assets	0.57	-0.18	0.73	0.45	0.41	0.79	0.9	0.52		0.98	0.81	0.51	0.98	0.43	0.21	0.4	0.62	0.56	0.17	0.29	-0.53	0.88	0.97	-0.66	0.15	0.52
Long Term Debt	0.59	-0.2	0.75	0.47	0.43	0.81	0.92	0.53	0.98		0.84	0.58	1.0	0.45	0.23	0.43	0.64	0.58	0.21	0.34	-0.58	0.89	0.97	-0.69	0.15	0.56
Net Receivables	0.84	-0.34	0.8	0.83	0.79	0.99	0.98	0.8	0.81	0.84		0.86	0.84	0.8	0.5	0.8	0.82	0.87	0.64	0.72	-0.89	0.62	0.92	-0.91	-0.3	0.84
Common Stock Shares Outstanding	0.87	-0.51	0.53	0.87	0.85	0.84	0.79	0.82	0.51	0.58	0.86		0.57	0.85	0.35	0.85	0.84	0.85	0.84	0.92	-0.91	0.3	0.68	-0.85	-0.55	0.7
Long Term Debt Total	0.59	-0.2	0.75	0.47	0.42	0.8	0.91	0.52	0.98	1.0	0.84	0.57		0.44	0.23	0.43	0.64	0.58	0.21	0.33	-0.58	0.89	0.97	-0.69	0.16	0.56
Capital Surpluse	0.97	-0.61	0.4	1.0	1.0	0.81	0.72	0.95	0.43	0.45	0.8	0.85	0.44		0.31	0.98	0.92	0.98	0.88	0.94	-0.92	0.31	0.61	-0.86	-0.73	0.63
Other Current Assets	0.16	0.49	0.81	0.36	0.32	0.54	0.42	0.12	0.21	0.23	0.5	0.35	0.23	0.31		0.28	0.05	0.32	0.16	0.29	-0.38	0.08	0.29	-0.51	-0.01	0.88
Other Stockholder Equity	0.95	-0.68	0.36	0.98	0.98	0.8	0.72	0.94	0.4	0.43	0.8	0.85	0.43	0.98	0.28		0.91	0.96	0.93	0.92	-0.92	0.25	0.59	-0.8	-0.75	0.63
Total Liab	0.99	-0.75	0.35	0.91	0.91	0.81	0.8	0.97	0.62	0.64	0.82	0.84	0.64	0.92	0.05	0.91		0.95	0.81	0.83	-0.9	0.51	0.75	-0.84	-0.6	0.47
Long Term Investments	0.98	-0.59	0.49	0.99	0.98	0.87	0.82	0.94	0.56	0.58	0.87	0.85	0.58	0.98	0.32	0.96	0.95		0.83	0.9	-0.94	0.46	0.72	-0.9	-0.61	0.67
Total Current Assets	0.86	-0.75	0.14	0.89	0.9	0.64	0.53	0.87	0.17	0.21	0.64	0.84	0.21	0.88	0.16	0.93	0.81	0.83		0.9	-0.86	-0.05	0.38	-0.66	-0.88	0.48
Intangible Assets	0.89	-0.57	0.33	0.93	0.93	0.7	0.62	0.83	0.29	0.34	0.72	0.92	0.33	0.94	0.29	0.92	0.83	0.9	0.9		-0.87	0.17	0.49	-0.78	-0.7	0.6
Property Plant Equipment	-0.94	0.55	-0.52	-0.94	-0.93	-0.89	-0.81	-0.92	-0.53	-0.58	-0.89	-0.91	-0.58	-0.92	-0.38	-0.92	-0.9	-0.94	-0.86	-0.87		-0.37	-0.7	0.94	0.62	-0.71
Short Long Term Debt Total	0.45	-0.08	0.6	0.31	0.28	0.57	0.72	0.35	0.88	0.89	0.62	0.3	0.89	0.31	0.08	0.25	0.51	0.46	-0.05	0.17	-0.37		0.82	-0.55	0.35	0.34
Other Liab	0.72	-0.3	0.76	0.63	0.59	0.9	0.97	0.67	0.97	0.97	0.92	0.68	0.97	0.61	0.29	0.59	0.75	0.72	0.38	0.49	-0.7	0.82		-0.77	-0.03	0.64
Property Plant And Equipment Net	-0.87	0.31	-0.7	-0.87	-0.85	-0.91	-0.85	-0.82	-0.66	-0.69	-0.91	-0.85	-0.69	-0.86	-0.51	-0.8	-0.84	-0.9	-0.66	-0.78	0.94	-0.55	-0.77		0.41	-0.78
Net Debt	-0.65	0.71	0.18	-0.71	-0.75	-0.34	-0.19	-0.74	0.15	0.15	-0.3	-0.55	0.16	-0.73	-0.01	-0.75	-0.6	-0.61	-0.88	-0.7	0.62	0.35	-0.03	0.41		-0.18
Non Current Assets Total	0.56	0.09	0.9	0.68	0.64	0.85	0.77	0.5	0.52	0.56	0.84	0.7	0.56	0.63	0.88	0.63	0.47	0.67	0.48	0.6	-0.71	0.34	0.64	-0.78	-0.18

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Palomar Holdings Account Relationship Matchups

Palomar Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	395.5M	729.1M	925.7M	1.3B	1.2B	698.4M
Other Current Liab	(24.9M)	(43.0M)	(58.7M)	(200.7M)	23.1M	24.3M
Total Current Liabilities	24.9M	43.0M	58.7M	10.3M	254.5M	267.2M
Total Stockholder Equity	218.6M	363.7M	394.2M	384.8M	471.3M	285.3M
Net Tangible Assets	217.8M	352.2M	384.7M	376.5M	433.0M	247.8M
Retained Earnings	33.9M	40.0M	70.0M	87.7M	144.6M	151.9M
Accounts Payable	24.9M	43.0M	58.7M	164.3M	224.1M	235.3M
Cash	33.1M	33.5M	50.3M	68.1M	51.9M	36.7M
Other Assets	(149.4M)	(290.6M)	(278.5M)	696.2M	800.6M	840.6M
Net Receivables	53.5M	153.6M	245.3M	348.3M	538.8M	565.7M
Common Stock Shares Outstanding	21.8M	25.6M	26.1M	25.8M	25.3M	26.5M
Capital Surpluse	180.0M	310.5M	318.9M	333.6M	383.6M	211.9M
Other Current Assets	80.3M	96.5M	162.7M	(348.3M)	319.1M	335.1M
Other Stockholder Equity	180.0M	310.5M	318.9M	333.6M	350.6M	227.5M
Total Liab	176.9M	365.4M	531.6M	914.1M	694.2M	413.1M
Long Term Investments	239.5M	424.9M	465.9M	553.6M	689.6M	377.6M
Total Current Assets	303.8M	585.1M	728.3M	583.2M	319.1M	392.3M
Property Plant Equipment	845K	739K	527K	603K	542.7K	618.1K
Other Liab	2.0M	5.4M	3.9M	53.5M	61.6M	64.6M
Property Plant And Equipment Net	845K	739K	527K	603K	373K	555.5K
Net Debt	(33.1M)	(33.5M)	(48.1M)	(31.7M)	748K	785.4K
Non Current Assets Total	241.1M	434.6M	476.0M	19.5M	846.3M	888.6M
Non Currrent Assets Other	(4.6M)	(8.6M)	(15.2M)	(553.6M)	820.9M	861.9M
Cash And Short Term Investments	250.3M	431.5M	483.0M	583.2M	695.3M	422.4M
Short Term Investments	217.2M	398.0M	432.7M	515.1M	643.8M	382.0M
Liabilities And Stockholders Equity	395.5M	729.1M	925.7M	1.3B	1.7B	860.6M
Non Current Liabilities Total	2.0M	5.4M	3.9M	911.4M	439.7M	461.7M
Net Invested Capital	218.6M	363.7M	394.2M	421.2M	523.9M	334.3M
Accumulated Other Comprehensive Income	4.7M	13.2M	5.3M	(36.5M)	(24.0M)	(22.8M)

Palomar Holdings Investors Sentiment

The influence of Palomar Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Palomar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Palomar Holdings' public news can be used to forecast risks associated with an investment in Palomar. The trend in average sentiment can be used to explain how an investor holding Palomar can time the market purely based on public headlines and social activities around Palomar Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Palomar Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Palomar Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Palomar Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Palomar Holdings.

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 Palomar Holdings 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, Palomar Holdings' short interest history, or implied volatility extrapolated from Palomar Holdings options trading.

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When determining whether Palomar Holdings is a strong investment it is important to analyze Palomar Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palomar Holdings' future performance. For an informed investment choice regarding Palomar Stock, refer to the following important reports:

How To Invest In Palomar

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Is Palomar Stock a good investment?

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What is Palomar Holdings' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palomar Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Palomar Stock, please use our How to Invest in Palomar Holdings guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Palomar Stock analysis

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

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Is Palomar Holdings' 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 Palomar Holdings. If investors know Palomar 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 Palomar Holdings 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

0.41

Earnings Share

3.13

Revenue Per Share

15.145

Quarterly Revenue Growth

0.189

Return On Assets

0.0445

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

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Palomar Holdings fundamental ratios Correlations

Palomar Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Palomar Holdings fundamental ratios Accounts

Palomar Holdings Investors Sentiment

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Palomar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Net Tangible Assets
Long Term Debt Total	+ 1.0	Long Term Debt
Total Liab	+ 0.99	Total Assets
Long Term Investments	+ 0.99	Total Stockholder Equity

Property Plant Equipment	- 0.94	Long Term Investments
Property Plant Equipment	- 0.94	Total Stockholder Equity
Property Plant Equipment	- 0.94	Total Assets
Property Plant Equipment	- 0.93	Net Tangible Assets
Property Plant Equipment	- 0.92	Other Stockholder Equity
Property Plant Equipment	- 0.92	Capital Surpluse