Primo Capital Surpluse vs Net Working Capital Analysis
PRMW Stock | USD 18.95 0.10 0.53% |
Primo Water financial indicator trend analysis is much more than just breaking down Primo Water Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primo Water Corp is a good investment. Please check the relationship between Primo Water Capital Surpluse and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Water 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 population.
Capital Surpluse vs Net Working Capital
Capital Surpluse vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Water Corp Capital Surpluse account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Primo Water's Capital Surpluse and Net Working Capital is -0.18. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Primo Water Corp, assuming nothing else is changed. The correlation between historical values of Primo Water's Capital Surpluse and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Primo Water Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Surpluse i.e., Primo Water's Capital Surpluse and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Surpluse
Net Working Capital
Most indicators from Primo Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primo Water 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Water 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 population. At this time, Primo Water's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to climb to about 40.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.19 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 68.8M | 69.8M | 72.7M | 53.8M | Depreciation And Amortization | 211.3M | 248.1M | 196.8M | 107.5M |
Primo Water fundamental ratios Correlations
Click cells to compare fundamentals
Primo Water Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Primo Water fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.4B | 3.6B | 3.7B | 3.7B | 3.5B | 1.8B | |
Short Long Term Debt Total | 1.6B | 1.7B | 1.7B | 1.7B | 1.4B | 846.8M | |
Other Current Liab | 18.3M | 15.5M | 20.7M | 16.9M | 233.4M | 245.1M | |
Total Current Liabilities | 607.6M | 548.8M | 709.8M | 690.6M | 423.9M | 382.3M | |
Total Stockholder Equity | 1.2B | 1.3B | 1.3B | 1.3B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 850.9M | 866.2M | 895.5M | 913M | 689.0M | 488.0M | |
Net Debt | 1.4B | 1.5B | 1.6B | 1.6B | 922.0M | 764.4M | |
Retained Earnings | 265M | 81.1M | 16.4M | (9.4M) | 166.3M | 84.2M | |
Accounts Payable | 200.4M | 135.2M | 181.4M | 163.7M | 93.8M | 154.0M | |
Cash | 205.5M | 115.1M | 128.4M | 122.6M | 505.3M | 530.6M | |
Non Current Assets Total | 2.7B | 3.2B | 3.2B | 3.1B | 2.6B | 1.4B | |
Non Currrent Assets Other | 20.6M | 24.1M | 26.9M | 28.3M | 235.7M | 247.5M | |
Cash And Short Term Investments | 205.5M | 115.1M | 128.4M | 122.6M | 505.3M | 530.6M | |
Net Receivables | 279.3M | 222.3M | 261.6M | 258.6M | 155.2M | 202.3M | |
Common Stock Shares Outstanding | 135.2M | 155.4M | 160.8M | 161.9M | 160.6M | 99.0M | |
Liabilities And Stockholders Equity | 3.4B | 3.6B | 3.7B | 3.7B | 3.5B | 1.8B | |
Non Current Liabilities Total | 1.4B | 1.6B | 1.7B | 1.7B | 1.6B | 842.4M | |
Inventory | 122.5M | 83.8M | 94.6M | 112.1M | 47.1M | 44.7M | |
Other Current Assets | 35M | 21.3M | 25.2M | 44.7M | 153.9M | 161.6M | |
Other Stockholder Equity | 77.4M | 84.5M | 85.9M | 91.3K | 90.1M | 105.1M | |
Total Liab | 2.2B | 2.3B | 2.4B | 2.4B | 2.1B | 1.2B | |
Property Plant And Equipment Gross | 647M | 866.2M | 895.5M | 913M | 1.3B | 1.3B | |
Total Current Assets | 642.3M | 442.5M | 509.8M | 538M | 861.5M | 470.6M | |
Accumulated Other Comprehensive Income | (68.5M) | (86.7M) | (69.1M) | (82.2M) | (104.6M) | (99.3M) | |
Short Term Debt | 141.5M | 161.1M | 272.1M | 265.5M | 39.6M | 37.6M | |
Intangible Assets | 701.4M | 987.6M | 969.8M | 894.7M | 714.2M | 438.1M | |
Common Stock | 892.3M | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Good Will | 1.2B | 1.3B | 1.3B | 1.3B | 999.5M | 725.7M | |
Other Liab | 202.8M | 215.9M | 223.7M | 235.2M | 270.5M | 284.0M | |
Current Deferred Revenue | 247.4M | 237M | 235.6M | 244.5M | 57.1M | 54.3M | |
Other Assets | 225M | 24.1M | 26.9M | 28.3M | 1.0 | 0.95 | |
Long Term Debt | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | 813.5M | |
Property Plant Equipment | 743.8M | 866.2M | 895.5M | 913M | 1.0B | 1.1B | |
Net Tangible Assets | (478.3M) | (925M) | (971.1M) | (904.8M) | (814.3M) | (855.0M) |
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Is Primo Water'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 Primo Water. If investors know Primo 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 Primo Water 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 2.145 | Dividend Share 0.32 | Earnings Share 0.4 | Revenue Per Share 11.112 | Quarterly Revenue Growth (0.18) |
The market value of Primo Water Corp is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Water's value that differs from its market value or its book value, called intrinsic value, which is Primo Water'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 Primo Water's market value can be influenced by many factors that don't directly affect Primo Water'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 Primo Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Water'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.