Prime Non Current Liabilities Total vs Property Plant Equipment 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 Non Current Liabilities Total and its Property Plant Equipment 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.

Non Current Liabilities Total vs Property Plant Equipment

Non Current Liabilities Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prime Financial Group Non Current Liabilities Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Prime Financial's Non Current Liabilities Total and Property Plant Equipment is 0.1. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant Equipment 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 Non Current Liabilities Total and Property Plant Equipment 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 Prime Financial Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Liabilities Total i.e., Prime Financial's Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Property Plant Equipment

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 Profit24.7M32.0M18.5M12.4M
Income Tax Expense1.4M1.7M1.5M1.1M

Prime Financial fundamental ratios Correlations

0.930.450.51-0.040.290.60.830.280.45-0.160.790.110.960.31-0.820.470.90.790.660.120.390.380.060.10.6
0.930.470.28-0.10.190.380.690.060.22-0.130.60.380.970.2-0.740.340.750.620.520.110.310.23-0.010.280.38
0.450.470.440.3-0.030.030.43-0.07-0.080.310.040.170.56-0.02-0.33-0.080.320.030.140.16-0.25-0.18-0.230.15-0.12
0.510.280.440.250.550.780.560.360.69-0.090.51-0.430.430.56-0.380.580.570.50.740.270.260.52-0.12-0.290.47
-0.04-0.10.30.250.180.070.04-0.040.160.43-0.31-0.12-0.070.190.39-0.03-0.05-0.080.060.61-0.160.17-0.45-0.02-0.14
0.290.19-0.030.550.180.770.14-0.050.76-0.080.28-0.110.241.0-0.020.920.260.30.810.080.720.83-0.040.120.48
0.60.380.030.780.070.770.560.450.93-0.270.71-0.390.480.78-0.450.90.660.710.920.070.710.840.2-0.170.76
0.830.690.430.560.040.140.560.460.440.170.78-0.380.730.15-0.890.350.970.850.530.030.310.280.25-0.10.58
0.280.06-0.070.36-0.04-0.050.450.460.58-0.280.39-0.480.18-0.04-0.410.160.460.50.17-0.030.110.160.21-0.710.26
0.450.22-0.080.690.160.760.930.440.58-0.260.51-0.430.310.77-0.290.840.540.640.760.180.680.850.06-0.290.57
-0.16-0.130.31-0.090.43-0.08-0.270.17-0.28-0.26-0.24-0.23-0.12-0.090.05-0.250.01-0.19-0.160.03-0.24-0.29-0.080.13-0.19
0.790.60.040.51-0.310.280.710.780.390.51-0.24-0.290.650.3-0.820.560.860.860.7-0.170.530.450.47-0.050.9
0.110.380.17-0.43-0.12-0.11-0.39-0.38-0.48-0.43-0.23-0.290.31-0.110.19-0.23-0.29-0.39-0.160.08-0.21-0.29-0.390.42-0.36
0.960.970.560.43-0.070.240.480.730.180.31-0.120.650.310.26-0.760.380.790.610.610.050.270.220.00.130.44
0.310.2-0.020.560.191.00.780.15-0.040.77-0.090.3-0.110.26-0.030.920.280.310.820.10.720.83-0.050.110.49
-0.82-0.74-0.33-0.380.39-0.02-0.45-0.89-0.41-0.290.05-0.820.19-0.76-0.03-0.3-0.9-0.78-0.450.21-0.32-0.14-0.380.06-0.54
0.470.34-0.080.58-0.030.920.90.350.160.84-0.250.56-0.230.380.92-0.30.490.570.87-0.080.890.90.250.110.68
0.90.750.320.57-0.050.260.660.970.460.540.010.86-0.290.790.28-0.90.490.920.640.020.440.40.26-0.080.69
0.790.620.030.5-0.080.30.710.850.50.64-0.190.86-0.390.610.31-0.780.570.920.590.090.60.60.32-0.030.74
0.660.520.140.740.060.810.920.530.170.76-0.160.7-0.160.610.82-0.450.870.640.590.060.640.730.1-0.040.75
0.120.110.160.270.610.080.070.03-0.030.180.03-0.170.080.050.10.21-0.080.020.090.06-0.240.26-0.78-0.04-0.18
0.390.31-0.250.26-0.160.720.710.310.110.68-0.240.53-0.210.270.72-0.320.890.440.60.64-0.240.830.490.340.64
0.380.23-0.180.520.170.830.840.280.160.85-0.290.45-0.290.220.83-0.140.90.40.60.730.260.830.10.160.6
0.06-0.01-0.23-0.12-0.45-0.040.20.250.210.06-0.080.47-0.390.0-0.05-0.380.250.260.320.1-0.780.490.10.150.51
0.10.280.15-0.29-0.020.12-0.17-0.1-0.71-0.290.13-0.050.420.130.110.060.11-0.08-0.03-0.04-0.040.340.160.150.0
0.60.38-0.120.47-0.140.480.760.580.260.57-0.190.9-0.360.440.49-0.540.680.690.740.75-0.180.640.60.510.0
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Prime Financial Account Relationship Matchups

Prime Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.9M58.3M59.8M67.1M82.1M65.6M
Total Stockholder Equity40.0M42.9M46.0M48.7M52.1M50.9M
Other Liab823.2K943.8K917.0K865.9K995.8K1.8M
Accounts Payable519.8K486.4K480.6K682.6K1.2M1.2M
Cash93.5K65.7K128.7K1.0M507.9K882.4K
Total Liab17.7M14.6M13.1M17.8M29.4M30.8M
Common Stock67.7M67.5M67.6M67.6M71.6M65.2M
Other Current Liab3.7M5.3M4.6M3.5M3.2M3.4M
Total Current Liabilities4.2M5.7M7.0M6.7M12.7M13.3M
Property Plant And Equipment Net3.6M2.6M945.1K511.1K3.2M6.3M
Net Debt13.4M9.9M7.0M10.3M14.2M7.5M
Retained Earnings(25.3M)(23.2M)(22.0M)(20.2M)(20.6M)(19.5M)
Non Current Assets Total50.9M50.6M47.8M50.4M63.5M60.7M
Other Assets420.9K350.7K467.1K2.3M67.2M70.6M
Cash And Short Term Investments93.5K65.7K128.7K1.0M507.9K906.0K
Net Receivables7.2M7.5M6.0M5.3M16.9M17.7M
Common Stock Shares Outstanding175.5M181.5M198.4M199.8M208.5M170.2M
Liabilities And Stockholders Equity58.9M58.3M59.8M67.1M82.1M68.8M
Non Current Liabilities Total9.8M6.2M4.4M8.8M16.7M17.5M
Other Current Assets(7.3M)(7.6M)2.2M8.1M1.2M1.3M
Property Plant And Equipment Gross3.6M5.5M3.7M3.2M6.3M6.6M
Total Current Assets7.5M7.4M11.5M14.4M18.6M19.5M
Property Plant Equipment3.6M2.6M945.1K511.1K587.8K788.6K
Non Currrent Assets Other257.0K112.2K5.3M8.1M725.4K761.6K
Short Long Term Debt Total13.5M9.9M7.1M11.3M14.7M9.9M
Long Term Debt9.8M6.2M4.4M8.8M9.2M7.8M
Short Term Debt982.4K2.0M2.0M2.5M3.1M2.0M
Intangible Assets46.9M46.4M46.3M50.3M7.3M6.9M
Current Deferred Revenue(982.4K)(2.0M)(2.0M)(2.5M)5.2M5.5M
Net Tangible Assets(6.5M)(3.1M)62.3K(111.9K)(100.7K)(105.8K)
Deferred Long Term Liab420.9K350.7K282.2K1.5M1.7M1.8M
Long Term Investments914.1K903.7K906.6K1.1M975.1K926.3K
Long Term Debt Total12.6M8.0M5.1M8.8M10.1M8.8M

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