Primo Retained Earnings vs Accounts Payable Analysis
| PRMB Stock | 31.40 0.34 1.07% |
Primo Brands financial indicator trend analysis is much more than just breaking down Primo Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primo Brands is a good investment. Please check the relationship between Primo Brands Retained Earnings and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Brands Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Primo Brands' Retained Earnings and Accounts Payable is -0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Primo Brands, assuming nothing else is changed. The correlation between historical values of Primo Brands' Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Primo Brands are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Primo Brands' Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.88 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Primo Brands obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Primo Brands are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Primo Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primo Brands 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 Primo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.At present, Primo Brands' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 9.3 B, whereas Selling General Administrative is forecasted to decline to about 434.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 68.3M | 67.8M | 288.1M | 302.5M | Depreciation And Amortization | 160.2M | 182M | 305.7M | 233.8M |
Primo Brands fundamental ratios Correlations
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Primo Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Primo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primo Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primo Brands Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.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 Candy and Soda 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 Primo Brands. If investors know Primo 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 Primo Brands 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 Primo Brands is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Brands' value that differs from its market value or its book value, called intrinsic value, which is Primo Brands' 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 Primo Brands' market value can be influenced by many factors that don't directly affect Primo Brands' 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 Primo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Brands' 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.