Prime Net Debt vs Common Stock Total Equity Analysis

PFG Stock

0.22 0.01 4.35%

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

Net Debt vs Common Stock Total Equity

Net Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prime Financial Group Net Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Prime Financial's Net Debt and Common Stock Total Equity is 0.86. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Prime Financial Group, assuming nothing else is changed. The correlation between historical values of Prime Financial's Net Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Prime Financial Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Debt i.e., Prime Financial's Net Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Most indicators from Prime Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prime Financial Group 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 Prime Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to drop to about 2.2 M in 2024. Tax Provision is likely to drop to about 1.1 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	24.7M	32.0M	18.5M	12.4M
Income Tax Expense	1.4M	1.7M	1.5M	1.1M

Gross Profit Income Tax Expense

Prime Financial fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Inventory	Total Liab	Common Stock	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Non Currrent Assets Other	Short Long Term Debt Total
Total Assets		0.93	0.45	0.51	-0.04	0.29	0.6	0.83	0.28	0.45	-0.16	0.79	0.11	0.96	0.31	-0.82	0.47	0.9	0.79	0.66	0.12	0.39	0.38	0.06	0.1	0.6
Total Stockholder Equity	0.93		0.47	0.28	-0.1	0.19	0.38	0.69	0.06	0.22	-0.13	0.6	0.38	0.97	0.2	-0.74	0.34	0.75	0.62	0.52	0.11	0.31	0.23	-0.01	0.28	0.38
Other Liab	0.45	0.47		0.44	0.3	-0.03	0.03	0.43	-0.07	-0.08	0.31	0.04	0.17	0.56	-0.02	-0.33	-0.08	0.32	0.03	0.14	0.16	-0.25	-0.18	-0.23	0.15	-0.12
Accounts Payable	0.51	0.28	0.44		0.25	0.55	0.78	0.56	0.36	0.69	-0.09	0.51	-0.43	0.43	0.56	-0.38	0.58	0.57	0.5	0.74	0.27	0.26	0.52	-0.12	-0.29	0.47
Cash	-0.04	-0.1	0.3	0.25		0.18	0.07	0.04	-0.04	0.16	0.43	-0.31	-0.12	-0.07	0.19	0.39	-0.03	-0.05	-0.08	0.06	0.61	-0.16	0.17	-0.45	-0.02	-0.14
Inventory	0.29	0.19	-0.03	0.55	0.18		0.77	0.14	-0.05	0.76	-0.08	0.28	-0.11	0.24	1.0	-0.02	0.92	0.26	0.3	0.81	0.08	0.72	0.83	-0.04	0.12	0.48
Total Liab	0.6	0.38	0.03	0.78	0.07	0.77		0.56	0.45	0.93	-0.27	0.71	-0.39	0.48	0.78	-0.45	0.9	0.66	0.71	0.92	0.07	0.71	0.84	0.2	-0.17	0.76
Common Stock	0.83	0.69	0.43	0.56	0.04	0.14	0.56		0.46	0.44	0.17	0.78	-0.38	0.73	0.15	-0.89	0.35	0.97	0.85	0.53	0.03	0.31	0.28	0.25	-0.1	0.58
Other Current Liab	0.28	0.06	-0.07	0.36	-0.04	-0.05	0.45	0.46		0.58	-0.28	0.39	-0.48	0.18	-0.04	-0.41	0.16	0.46	0.5	0.17	-0.03	0.11	0.16	0.21	-0.71	0.26
Total Current Liabilities	0.45	0.22	-0.08	0.69	0.16	0.76	0.93	0.44	0.58		-0.26	0.51	-0.43	0.31	0.77	-0.29	0.84	0.54	0.64	0.76	0.18	0.68	0.85	0.06	-0.29	0.57
Property Plant And Equipment Net	-0.16	-0.13	0.31	-0.09	0.43	-0.08	-0.27	0.17	-0.28	-0.26		-0.24	-0.23	-0.12	-0.09	0.05	-0.25	0.01	-0.19	-0.16	0.03	-0.24	-0.29	-0.08	0.13	-0.19
Net Debt	0.79	0.6	0.04	0.51	-0.31	0.28	0.71	0.78	0.39	0.51	-0.24		-0.29	0.65	0.3	-0.82	0.56	0.86	0.86	0.7	-0.17	0.53	0.45	0.47	-0.05	0.9
Retained Earnings	0.11	0.38	0.17	-0.43	-0.12	-0.11	-0.39	-0.38	-0.48	-0.43	-0.23	-0.29		0.31	-0.11	0.19	-0.23	-0.29	-0.39	-0.16	0.08	-0.21	-0.29	-0.39	0.42	-0.36
Non Current Assets Total	0.96	0.97	0.56	0.43	-0.07	0.24	0.48	0.73	0.18	0.31	-0.12	0.65	0.31		0.26	-0.76	0.38	0.79	0.61	0.61	0.05	0.27	0.22	0.0	0.13	0.44
Other Assets	0.31	0.2	-0.02	0.56	0.19	1.0	0.78	0.15	-0.04	0.77	-0.09	0.3	-0.11	0.26		-0.03	0.92	0.28	0.31	0.82	0.1	0.72	0.83	-0.05	0.11	0.49
Cash And Short Term Investments	-0.82	-0.74	-0.33	-0.38	0.39	-0.02	-0.45	-0.89	-0.41	-0.29	0.05	-0.82	0.19	-0.76	-0.03		-0.3	-0.9	-0.78	-0.45	0.21	-0.32	-0.14	-0.38	0.06	-0.54
Net Receivables	0.47	0.34	-0.08	0.58	-0.03	0.92	0.9	0.35	0.16	0.84	-0.25	0.56	-0.23	0.38	0.92	-0.3		0.49	0.57	0.87	-0.08	0.89	0.9	0.25	0.11	0.68
Common Stock Total Equity	0.9	0.75	0.32	0.57	-0.05	0.26	0.66	0.97	0.46	0.54	0.01	0.86	-0.29	0.79	0.28	-0.9	0.49		0.92	0.64	0.02	0.44	0.4	0.26	-0.08	0.69
Common Stock Shares Outstanding	0.79	0.62	0.03	0.5	-0.08	0.3	0.71	0.85	0.5	0.64	-0.19	0.86	-0.39	0.61	0.31	-0.78	0.57	0.92		0.59	0.09	0.6	0.6	0.32	-0.03	0.74
Non Current Liabilities Total	0.66	0.52	0.14	0.74	0.06	0.81	0.92	0.53	0.17	0.76	-0.16	0.7	-0.16	0.61	0.82	-0.45	0.87	0.64	0.59		0.06	0.64	0.73	0.1	-0.04	0.75
Other Current Assets	0.12	0.11	0.16	0.27	0.61	0.08	0.07	0.03	-0.03	0.18	0.03	-0.17	0.08	0.05	0.1	0.21	-0.08	0.02	0.09	0.06		-0.24	0.26	-0.78	-0.04	-0.18
Property Plant And Equipment Gross	0.39	0.31	-0.25	0.26	-0.16	0.72	0.71	0.31	0.11	0.68	-0.24	0.53	-0.21	0.27	0.72	-0.32	0.89	0.44	0.6	0.64	-0.24		0.83	0.49	0.34	0.64
Total Current Assets	0.38	0.23	-0.18	0.52	0.17	0.83	0.84	0.28	0.16	0.85	-0.29	0.45	-0.29	0.22	0.83	-0.14	0.9	0.4	0.6	0.73	0.26	0.83		0.1	0.16	0.6
Property Plant Equipment	0.06	-0.01	-0.23	-0.12	-0.45	-0.04	0.2	0.25	0.21	0.06	-0.08	0.47	-0.39	0.0	-0.05	-0.38	0.25	0.26	0.32	0.1	-0.78	0.49	0.1		0.15	0.51
Non Currrent Assets Other	0.1	0.28	0.15	-0.29	-0.02	0.12	-0.17	-0.1	-0.71	-0.29	0.13	-0.05	0.42	0.13	0.11	0.06	0.11	-0.08	-0.03	-0.04	-0.04	0.34	0.16	0.15		0.0
Short Long Term Debt Total	0.6	0.38	-0.12	0.47	-0.14	0.48	0.76	0.58	0.26	0.57	-0.19	0.9	-0.36	0.44	0.49	-0.54	0.68	0.69	0.74	0.75	-0.18	0.64	0.6	0.51	0.0

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Prime Financial Account Relationship Matchups

Prime Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	58.9M	58.3M	59.8M	67.1M	82.1M	65.6M
Total Stockholder Equity	40.0M	42.9M	46.0M	48.7M	52.1M	50.9M
Other Liab	823.2K	943.8K	917.0K	865.9K	995.8K	1.8M
Accounts Payable	519.8K	486.4K	480.6K	682.6K	1.2M	1.2M
Cash	93.5K	65.7K	128.7K	1.0M	507.9K	882.4K
Total Liab	17.7M	14.6M	13.1M	17.8M	29.4M	30.8M
Common Stock	67.7M	67.5M	67.6M	67.6M	71.6M	65.2M
Other Current Liab	3.7M	5.3M	4.6M	3.5M	3.2M	3.4M
Total Current Liabilities	4.2M	5.7M	7.0M	6.7M	12.7M	13.3M
Property Plant And Equipment Net	3.6M	2.6M	945.1K	511.1K	3.2M	6.3M
Net Debt	13.4M	9.9M	7.0M	10.3M	14.2M	7.5M
Retained Earnings	(25.3M)	(23.2M)	(22.0M)	(20.2M)	(20.6M)	(19.5M)
Non Current Assets Total	50.9M	50.6M	47.8M	50.4M	63.5M	60.7M
Other Assets	420.9K	350.7K	467.1K	2.3M	67.2M	70.6M
Cash And Short Term Investments	93.5K	65.7K	128.7K	1.0M	507.9K	906.0K
Net Receivables	7.2M	7.5M	6.0M	5.3M	16.9M	17.7M
Common Stock Shares Outstanding	175.5M	181.5M	198.4M	199.8M	208.5M	170.2M
Liabilities And Stockholders Equity	58.9M	58.3M	59.8M	67.1M	82.1M	68.8M
Non Current Liabilities Total	9.8M	6.2M	4.4M	8.8M	16.7M	17.5M
Other Current Assets	(7.3M)	(7.6M)	2.2M	8.1M	1.2M	1.3M
Property Plant And Equipment Gross	3.6M	5.5M	3.7M	3.2M	6.3M	6.6M
Total Current Assets	7.5M	7.4M	11.5M	14.4M	18.6M	19.5M
Property Plant Equipment	3.6M	2.6M	945.1K	511.1K	587.8K	788.6K
Non Currrent Assets Other	257.0K	112.2K	5.3M	8.1M	725.4K	761.6K
Short Long Term Debt Total	13.5M	9.9M	7.1M	11.3M	14.7M	9.9M
Long Term Debt	9.8M	6.2M	4.4M	8.8M	9.2M	7.8M
Short Term Debt	982.4K	2.0M	2.0M	2.5M	3.1M	2.0M
Intangible Assets	46.9M	46.4M	46.3M	50.3M	7.3M	6.9M
Current Deferred Revenue	(982.4K)	(2.0M)	(2.0M)	(2.5M)	5.2M	5.5M
Net Tangible Assets	(6.5M)	(3.1M)	62.3K	(111.9K)	(100.7K)	(105.8K)
Deferred Long Term Liab	420.9K	350.7K	282.2K	1.5M	1.7M	1.8M
Long Term Investments	914.1K	903.7K	906.6K	1.1M	975.1K	926.3K
Long Term Debt Total	12.6M	8.0M	5.1M	8.8M	10.1M	8.8M

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