Primorus Other Current Liab vs Total Stockholder Equity Analysis

PRIM Stock   4.00  0.25  6.67%   
Primorus Investments financial indicator trend analysis is much more than just breaking down Primorus Investments plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primorus Investments plc is a good investment. Please check the relationship between Primorus Investments Other Current Liab and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primorus Investments plc. 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.

Other Current Liab vs Total Stockholder Equity

Other Current Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primorus Investments plc Other Current Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Primorus Investments' Other Current Liab and Total Stockholder Equity is -0.44. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Primorus Investments plc, assuming nothing else is changed. The correlation between historical values of Primorus Investments' Other Current Liab and Total Stockholder 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 Other Current Liab of Primorus Investments plc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Liab i.e., Primorus Investments' Other Current Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Primorus Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primorus Investments plc 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 Primorus Investments plc. 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.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 317.2 K in 2025.
 2017 2018 2024 2025 (projected)
Minority Interest1.3M3.3M3.8M1.9M
Research Development22.0M23.5M27.1M18.5M

Primorus Investments fundamental ratios Correlations

0.570.150.590.640.570.250.550.530.370.9-0.570.28-0.520.40.57-0.090.29-0.490.580.570.33-0.48-0.84-0.53-0.14
0.570.820.98-0.191.00.860.280.99-0.140.540.12-0.19-0.98-0.361.0-0.120.83-0.321.01.00.11-0.2-0.46-0.26-0.28
0.150.820.79-0.440.820.920.360.82-0.520.180.33-0.31-0.79-0.460.81-0.150.73-0.450.80.82-0.02-0.1-0.15-0.370.05
0.590.980.79-0.160.980.790.290.98-0.030.520.11-0.07-0.96-0.340.99-0.180.79-0.330.990.980.2-0.26-0.46-0.28-0.25
0.64-0.19-0.44-0.16-0.19-0.40.53-0.230.520.51-0.720.560.210.86-0.19-0.04-0.37-0.42-0.17-0.190.42-0.44-0.47-0.510.14
0.571.00.820.98-0.190.860.280.99-0.140.540.12-0.19-0.98-0.361.0-0.120.83-0.321.01.00.11-0.21-0.46-0.27-0.28
0.250.860.920.79-0.40.860.270.87-0.630.40.2-0.54-0.85-0.410.85-0.020.69-0.340.830.86-0.27-0.04-0.3-0.28-0.13
0.550.280.360.290.530.280.270.23-0.070.47-0.480.33-0.210.490.27-0.390.05-0.990.270.280.32-0.68-0.49-1.00.6
0.530.990.820.98-0.230.990.870.23-0.170.530.13-0.23-0.98-0.390.99-0.130.82-0.270.990.990.06-0.2-0.44-0.22-0.32
0.37-0.14-0.52-0.030.52-0.14-0.63-0.07-0.170.04-0.210.780.150.27-0.13-0.16-0.090.14-0.09-0.140.72-0.24-0.110.1-0.17
0.90.540.180.520.510.540.40.470.530.04-0.63-0.12-0.520.320.540.010.24-0.410.540.54-0.11-0.34-0.8-0.44-0.25
-0.570.120.330.11-0.720.120.2-0.480.13-0.21-0.63-0.19-0.14-0.70.120.180.320.40.110.120.050.580.520.46-0.05
0.28-0.19-0.31-0.070.56-0.19-0.540.33-0.230.78-0.12-0.190.250.53-0.18-0.26-0.22-0.27-0.15-0.190.91-0.45-0.18-0.320.36
-0.52-0.98-0.79-0.960.21-0.98-0.85-0.21-0.980.15-0.52-0.140.250.43-0.980.11-0.830.25-0.98-0.98-0.070.160.370.190.38
0.4-0.36-0.46-0.340.86-0.36-0.410.49-0.390.270.32-0.70.530.43-0.360.08-0.6-0.4-0.36-0.360.29-0.38-0.51-0.50.38
0.571.00.810.99-0.191.00.850.270.99-0.130.540.12-0.18-0.98-0.36-0.130.83-0.311.01.00.12-0.21-0.46-0.26-0.29
-0.09-0.12-0.15-0.18-0.04-0.12-0.02-0.39-0.13-0.160.010.18-0.260.110.08-0.13-0.220.42-0.14-0.12-0.250.82-0.150.37-0.21
0.290.830.730.79-0.370.830.690.050.82-0.090.240.32-0.22-0.83-0.60.83-0.22-0.10.820.830.11-0.08-0.09-0.03-0.32
-0.49-0.32-0.45-0.33-0.42-0.32-0.34-0.99-0.270.14-0.410.4-0.270.25-0.4-0.310.42-0.1-0.31-0.32-0.290.670.430.99-0.61
0.581.00.80.99-0.171.00.830.270.99-0.090.540.11-0.15-0.98-0.361.0-0.140.82-0.311.00.14-0.22-0.46-0.26-0.29
0.571.00.820.98-0.191.00.860.280.99-0.140.540.12-0.19-0.98-0.361.0-0.120.83-0.321.00.11-0.21-0.46-0.27-0.28
0.330.11-0.020.20.420.11-0.270.320.060.72-0.110.050.91-0.070.290.12-0.250.11-0.290.140.11-0.38-0.13-0.310.24
-0.48-0.2-0.1-0.26-0.44-0.21-0.04-0.68-0.2-0.24-0.340.58-0.450.16-0.38-0.210.82-0.080.67-0.22-0.21-0.380.330.67-0.29
-0.84-0.46-0.15-0.46-0.47-0.46-0.3-0.49-0.44-0.11-0.80.52-0.180.37-0.51-0.46-0.15-0.090.43-0.46-0.46-0.130.330.48-0.06
-0.53-0.26-0.37-0.28-0.51-0.27-0.28-1.0-0.220.1-0.440.46-0.320.19-0.5-0.260.37-0.030.99-0.26-0.27-0.310.670.48-0.62
-0.14-0.280.05-0.250.14-0.28-0.130.6-0.32-0.17-0.25-0.050.360.380.38-0.29-0.21-0.32-0.61-0.29-0.280.24-0.29-0.06-0.62
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Primorus Investments Account Relationship Matchups

Primorus Investments fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.4M9.0M7.7M5.3M4.8M4.6M
Other Current Liab(467K)(49K)(75K)144K129.6K123.1K
Total Current Liabilities502K44K110K242K217.8K206.9K
Total Stockholder Equity8.8M8.9M7.5M5.2M4.7M8.6M
Net Debt(4.6M)(941K)(114K)(775K)(697.5K)(662.6K)
Retained Earnings(41.9M)8.6M7.3M4.9M4.4M4.6M
Cash4.7M941K114K775K697.5K1.1M
Non Current Assets Total4.7M8.0M7.5M2.1M1.8M1.8M
Non Currrent Assets Other(4.7M)(8.0M)(7.5M)(2.1M)(1.8M)(1.9M)
Cash And Short Term Investments4.7M941K114K3.3M2.9M3.1M
Liabilities And Stockholders Equity9.4M9.0M7.7M5.3M4.8M4.6M
Other Current Assets11K2K4K5K4.5K4.3K
Total Liab615K44K110K144K129.6K123.1K
Total Current Assets4.7M946K148K3.3M3.0M4.1M
Net Tangible Assets5.2M4.8M8.8M8.9M10.2M5.2M
Long Term Investments4.7M8.0M7.5M4.6M5.2M4.2M
Other Assets11K2K4K(2.5M)(2.3M)(2.1M)

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