Primega Capital Lease Obligations from 2010 to 2025

PGHL Stock   0.66  0.03  5.13%   
Primega Group Capital Lease Obligations yearly trend continues to be quite stable with very little volatility. The value of Capital Lease Obligations is projected to decrease to about 2.8 M. Capital Lease Obligations is the total obligations of Primega Group Holdings under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.8 M
Quarterly Volatility
955.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primega Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primega Group's main balance sheet or income statement drivers, such as Tax Provision of 228.4 K, Depreciation And Amortization of 884.2 K or Interest Expense of 144.4 K, as well as many indicators such as Price To Sales Ratio of 8.22, Dividend Yield of 0.0 or PTB Ratio of 25.79. Primega financial statements analysis is a perfect complement when working with Primega Group Valuation or Volatility modules.
  
Check out the analysis of Primega Group Correlation against competitors.

Latest Primega Group's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Primega Group Holdings over the last few years. Primega Group Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Primega Group asset purchases. For example, Primega Group can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Primega Group control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Primega Group's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primega Group's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Primega Capital Lease Obligations Regression Statistics

Arithmetic Mean1,878,484
Geometric Mean1,701,583
Coefficient Of Variation50.88
Mean Deviation805,487
Median1,292,675
Standard Deviation955,866
Sample Variance913.7B
Range2.7M
R-Value0.78
Mean Square Error380.2B
R-Squared0.61
Significance0.0003
Slope157,010
Total Sum of Squares13.7T

Primega Capital Lease Obligations History

20252.8 M
2024M
20233.5 M
20223.2 M
20212.3 M

About Primega Group Financial Statements

Primega Group investors utilize fundamental indicators, such as Capital Lease Obligations, to predict how Primega Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Lease ObligationsM2.8 M

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When determining whether Primega Group Holdings is a strong investment it is important to analyze Primega Group's 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 Primega Group's future performance. For an informed investment choice regarding Primega Stock, refer to the following important reports:
Check out the analysis of Primega Group Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Marine Transportation space 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 Primega Group. If investors know Primega 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 Primega Group 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
0.715
Earnings Share
0.05
Revenue Per Share
0.598
Quarterly Revenue Growth
0.482
Return On Assets
0.0715
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group'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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group'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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group'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.