Primega Cash And Short Term Investments from 2010 to 2025

PGHL Stock   1.49  0.03  2.05%   
Primega Group Cash And Short Term Investments yearly trend continues to be quite stable with very little volatility. Cash And Short Term Investments may rise above about 591 K this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2010-12-31
Previous Quarter
562.9 K
Current Value
591 K
Quarterly Volatility
191.7 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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Primega Group Holdings over the last few years. Short Term Investments is an account in the current assets section of Primega Group Holdings balance sheet. This account contains Primega Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Primega Group Holdings fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Primega Group's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Primega Cash And Short Term Investments Regression Statistics

Arithmetic Mean172,915
Geometric Mean114,598
Coefficient Of Variation110.89
Mean Deviation148,980
Median70,189
Standard Deviation191,739
Sample Variance36.8B
Range520.8K
R-Value0.75
Mean Square Error17B
R-Squared0.57
Significance0.0007
Slope30,360
Total Sum of Squares551.5B

Primega Cash And Short Term Investments History

2025591 K
2024562.9 K
2023489.4 K
2022240.2 K
2021111.1 K

About Primega Group Financial Statements

Primega Group investors utilize fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments562.9 K591 K

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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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.
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.