Primoris Non Current Liabilities Total vs Total Liab Analysis

PRIM Stock

USD 49.49 0.75 1.49%

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

To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

Non Current Liabilities Total vs Total Liab

Non Current Liabilities Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primoris Services Non Current Liabilities Total account and Total Liab. At this time, the significance of the direction appears to have totally related.

The correlation between Primoris Services' Non Current Liabilities Total and Total Liab is 0.99. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Primoris Services, assuming nothing else is changed. The correlation between historical values of Primoris Services' Non Current Liabilities Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Primoris Services are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Liabilities Total i.e., Primoris Services' Non Current Liabilities Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Non Current Liabilities Total

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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

To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.At this time, Primoris Services' Selling General Administrative is very stable compared to the past year. As of the 13th of May 2024, Enterprise Value Over EBITDA is likely to grow to 8.20, while Issuance Of Capital Stock is likely to drop about 636.5 K.

	2021	2022	2023	2024 (projected)
Income Before Tax	151.9M	159.3M	177.7M	100.1M
Total Operating Expenses	230.1M	281.6M	328.7M	345.2M

Income Before Tax Total Operating Expenses

Primoris Services fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Inventory	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets
Total Assets		0.71	0.99	0.99	0.96	0.98	0.55	0.17	0.52	0.6	0.41	0.99	0.41	0.02	1.0	0.99	0.62	0.99	1.0	0.89	0.99	0.97	-0.81	0.94	0.62	0.97
Other Current Liab	0.71		0.69	0.73	0.56	0.77	0.76	0.35	0.7	0.64	0.51	0.68	0.64	-0.01	0.69	0.71	0.64	0.63	0.7	0.77	0.68	0.61	-0.75	0.52	0.05	0.63
Total Current Liabilities	0.99	0.69		0.97	0.93	0.97	0.58	0.2	0.55	0.62	0.46	0.96	0.36	0.02	0.99	1.0	0.65	0.97	0.97	0.85	0.98	0.94	-0.78	0.95	0.66	0.93
Total Stockholder Equity	0.99	0.73	0.97		0.93	0.99	0.58	0.16	0.55	0.64	0.47	0.96	0.45	0.09	0.98	0.99	0.66	0.96	0.98	0.89	0.98	0.95	-0.81	0.92	0.6	0.94
Net Debt	0.96	0.56	0.93	0.93		0.91	0.33	0.02	0.3	0.46	0.25	0.98	0.32	-0.03	0.97	0.93	0.48	0.99	0.97	0.85	0.95	0.98	-0.76	0.94	0.67	0.97
Retained Earnings	0.98	0.77	0.97	0.99	0.91		0.6	0.25	0.56	0.6	0.43	0.96	0.5	0.0	0.97	0.98	0.62	0.95	0.97	0.92	0.98	0.93	-0.85	0.92	0.56	0.92
Cash	0.55	0.76	0.58	0.58	0.33	0.6		0.56	0.99	0.71	0.64	0.49	0.42	0.13	0.53	0.6	0.71	0.45	0.5	0.46	0.49	0.44	-0.47	0.34	0.17	0.45
Other Assets	0.17	0.35	0.2	0.16	0.02	0.25	0.56		0.53	-0.08	-0.13	0.14	0.44	-0.48	0.17	0.19	-0.08	0.11	0.15	0.32	0.17	0.06	-0.35	0.07	-0.06	0.04
Cash And Short Term Investments	0.52	0.7	0.55	0.55	0.3	0.56	0.99	0.53		0.72	0.66	0.46	0.37	0.16	0.5	0.57	0.72	0.43	0.47	0.41	0.45	0.41	-0.42	0.31	0.19	0.43
Common Stock Total Equity	0.6	0.64	0.62	0.64	0.46	0.6	0.71	-0.08	0.72		0.94	0.52	0.28	0.45	0.57	0.63	1.0	0.52	0.56	0.35	0.53	0.51	-0.4	0.49	0.45	0.54
Common Stock Shares Outstanding	0.41	0.51	0.46	0.47	0.25	0.43	0.64	-0.13	0.66	0.94		0.32	0.16	0.53	0.39	0.47	0.94	0.32	0.36	0.15	0.35	0.3	-0.21	0.32	0.36	0.33
Non Current Liabilities Total	0.99	0.68	0.96	0.96	0.98	0.96	0.49	0.14	0.46	0.52	0.32		0.41	-0.05	0.99	0.97	0.54	0.99	1.0	0.9	0.97	0.99	-0.81	0.92	0.59	0.98
Other Current Assets	0.41	0.64	0.36	0.45	0.32	0.5	0.42	0.44	0.37	0.28	0.16	0.41		-0.41	0.39	0.36	0.28	0.36	0.45	0.56	0.37	0.35	-0.71	0.3	0.01	0.37
Other Stockholder Equity	0.02	-0.01	0.02	0.09	-0.03	0.0	0.13	-0.48	0.16	0.45	0.53	-0.05	-0.41		-0.02	0.06	0.45	-0.02	-0.02	-0.18	-0.02	0.02	0.44	0.0	0.12	0.0
Total Liab	1.0	0.69	0.99	0.98	0.97	0.97	0.53	0.17	0.5	0.57	0.39	0.99	0.39	-0.02		0.99	0.59	0.99	0.99	0.88	0.99	0.97	-0.81	0.94	0.63	0.97
Total Current Assets	0.99	0.71	1.0	0.99	0.93	0.98	0.6	0.19	0.57	0.63	0.47	0.97	0.36	0.06	0.99		0.65	0.97	0.98	0.86	0.99	0.95	-0.78	0.93	0.63	0.94
Common Stock	0.62	0.64	0.65	0.66	0.48	0.62	0.71	-0.08	0.72	1.0	0.94	0.54	0.28	0.45	0.59	0.65		0.54	0.58	0.36	0.56	0.53	-0.41	0.51	0.47	0.56
Short Long Term Debt Total	0.99	0.63	0.97	0.96	0.99	0.95	0.45	0.11	0.43	0.52	0.32	0.99	0.36	-0.02	0.99	0.97	0.54		0.99	0.87	0.97	0.99	-0.78	0.94	0.66	0.98
Non Current Assets Total	1.0	0.7	0.97	0.98	0.97	0.97	0.5	0.15	0.47	0.56	0.36	1.0	0.45	-0.02	0.99	0.98	0.58	0.99		0.9	0.98	0.98	-0.83	0.94	0.61	0.98
Non Currrent Assets Other	0.89	0.77	0.85	0.89	0.85	0.92	0.46	0.32	0.41	0.35	0.15	0.9	0.56	-0.18	0.88	0.86	0.36	0.87	0.9		0.9	0.85	-0.86	0.82	0.35	0.83
Net Receivables	0.99	0.68	0.98	0.98	0.95	0.98	0.49	0.17	0.45	0.53	0.35	0.97	0.37	-0.02	0.99	0.99	0.56	0.97	0.98	0.9		0.95	-0.81	0.96	0.61	0.94
Good Will	0.97	0.61	0.94	0.95	0.98	0.93	0.44	0.06	0.41	0.51	0.3	0.99	0.35	0.02	0.97	0.95	0.53	0.99	0.98	0.85	0.95		-0.76	0.91	0.62	0.99
Inventory	-0.81	-0.75	-0.78	-0.81	-0.76	-0.85	-0.47	-0.35	-0.42	-0.4	-0.21	-0.81	-0.71	0.44	-0.81	-0.78	-0.41	-0.78	-0.83	-0.86	-0.81	-0.76		-0.71	-0.36	-0.79
Property Plant And Equipment Gross	0.94	0.52	0.95	0.92	0.94	0.92	0.34	0.07	0.31	0.49	0.32	0.92	0.3	0.0	0.94	0.93	0.51	0.94	0.94	0.82	0.96	0.91	-0.71		0.69	0.88
Short Term Debt	0.62	0.05	0.66	0.6	0.67	0.56	0.17	-0.06	0.19	0.45	0.36	0.59	0.01	0.12	0.63	0.63	0.47	0.66	0.61	0.35	0.61	0.62	-0.36	0.69		0.59
Intangible Assets	0.97	0.63	0.93	0.94	0.97	0.92	0.45	0.04	0.43	0.54	0.33	0.98	0.37	0.0	0.97	0.94	0.56	0.98	0.98	0.83	0.94	0.99	-0.79	0.88	0.59

Click cells to compare fundamentals

Primoris Services Account Relationship Matchups

Primoris Services fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.0B	2.5B	3.5B	3.8B	4.0B
Other Current Liab	186.4M	203.6M	178.0M	249.0M	173.6M	114.0M
Total Current Liabilities	670.4M	764.4M	759.1M	1.1B	1.3B	1.4B
Total Stockholder Equity	628.5M	714.8M	990.1M	1.1B	1.2B	1.3B
Net Debt	402.2M	127.7M	559.0M	1.0B	1.1B	1.2B
Retained Earnings	531.3M	624.7M	727.4M	847.7M	961.0M	1.0B
Cash	120.3M	326.7M	200.5M	248.7M	217.8M	160.4M
Other Assets	14.6M	222.0M	16.4M	21.8M	25.1M	40.0M
Cash And Short Term Investments	120.3M	326.7M	200.5M	248.7M	217.8M	169.4M
Common Stock Shares Outstanding	51.1M	48.6M	53.2M	53.8M	54.2M	48.4M
Liabilities And Stockholders Equity	1.8B	2.0B	2.5B	3.5B	3.8B	4.0B
Non Current Liabilities Total	530.5M	490.4M	794.2M	1.3B	1.3B	1.3B
Other Current Assets	387.5M	356.1M	509.9M	176.4M	135.8M	121.0M
Other Stockholder Equity	97.1M	89.1M	261.9M	263.8M	275.8M	240.5M
Total Liab	1.2B	1.3B	1.6B	2.4B	2.6B	2.7B
Total Current Assets	912.7M	1.1B	1.2B	1.7B	1.9B	2.0B
Short Long Term Debt Total	522.5M	454.5M	759.5M	1.3B	1.3B	1.4B
Non Current Assets Total	917.8M	854.3M	1.4B	1.8B	1.9B	2.0B
Non Currrent Assets Other	13.5M	12.8M	15.1M	21.8M	20.5M	21.6M
Net Receivables	749.7M	758.3M	895.3M	1.3B	1.5B	1.6B
Property Plant And Equipment Gross	618.3M	356.2M	591.9M	696.7M	1.3B	1.4B
Accumulated Other Comprehensive Income	76K	958K	698K	(2.6M)	(788K)	(827.4K)
Short Term Debt	55.7M	47.7M	67.2M	78.1M	169.3M	177.8M
Intangible Assets	69.8M	61.0M	171.3M	249.4M	227.6M	238.9M
Property Plant And Equipment Net	618.3M	563.5M	591.9M	696.7M	836.4M	878.3M
Current Deferred Revenue	192.4M	267.2M	240.4M	275.9M	363.2M	381.3M
Accounts Payable	236.0M	245.9M	273.5M	535.0M	629.0M	660.4M
Net Tangible Assets	343.6M	438.6M	237.1M	(12.4M)	(14.2M)	(13.5M)
Long Term Debt	295.6M	268.8M	594.2M	1.1B	885.4M	929.6M
Retained Earnings Total Equity	461.1M	531.3M	624.7M	727.4M	836.5M	429.9M
Long Term Debt Total	305.7M	295.6M	268.8M	594.2M	683.4M	717.5M
Capital Surpluse	144.0M	97.1M	89.1M	261.9M	301.2M	170.3M
Deferred Long Term Liab	8.2M	17.8M	13.5M	38.5M	44.3M	46.5M
Non Current Liabilities Other	217.0M	208.0M	63.4M	43.9M	47.9M	66.4M

Primoris Services Investors Sentiment

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

Primoris Services' 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 Primoris Services' 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 Primoris Services' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Primoris Services.

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 Primoris Services 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, Primoris Services' short interest history, or implied volatility extrapolated from Primoris Services options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Primoris Services using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Primoris Services is a strong investment it is important to analyze Primoris Services' 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 Primoris Services' future performance. For an informed investment choice regarding Primoris Stock, refer to the following important reports:

How To Invest In Primoris

Details

Is Primoris Stock a good investment?

Details

What is Primoris Services' Net Worth?

Details

Largest Construction & Engineering Companies

View

Largest Engineering & Construction Companies

View

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

To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Primoris Stock analysis

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

	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	Transaction History View history of all your transactions and understand their impact on performance
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format

Is Primoris Services' 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 Primoris Services. If investors know Primoris 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 Primoris Services 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

16.5

Dividend Share

0.24

Earnings Share

2.66

Revenue Per Share

110.001

Quarterly Revenue Growth

0.124

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Primoris Non Current Liabilities Total vs Total Liab Analysis

Non Current Liabilities Total vs Total Liab

Non Current Liabilities Total vs Total Liab Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Liab

Primoris Services fundamental ratios Correlations

Primoris Services Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Primoris Services fundamental ratios Accounts

Primoris Services Investors Sentiment

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Primoris Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 0.99	Total Assets

Inventory	- 0.86	Non Currrent Assets Other
Inventory	- 0.85	Retained Earnings
Inventory	- 0.83	Non Current Assets Total
Inventory	- 0.81	Net Receivables
Inventory	- 0.81	Total Liab
Inventory	- 0.81	Non Current Liabilities Total