Primo Brands Retained Earnings vs. Total Debt
| PRMB Stock | 31.00 0.74 2.33% |
Retained Earnings | First Reported 2010-12-31 | Previous Quarter -1 B | Current Value -963.6 M | Quarterly Volatility 373.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.19 | 0.2877 |
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For Primo Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Primo Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Primo Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Primo Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Primo Brands over time as well as its relative position and ranking within its peers.
Primo |
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.
Primo Brands Total Debt vs. Retained Earnings Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Primo Brands's current stock value. Our valuation model uses many indicators to compare Primo Brands value to that of its competitors to determine the firm's financial worth. Primo Brands is considered to be number one stock in retained earnings category among its peers. It also is rated top company in total debt category among its peers . At present, Primo Brands' Retained Earnings are projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Primo Brands' earnings, one of the primary drivers of an investment's value.Primo Total Debt vs. Retained Earnings
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Primo Brands |
| = | (1.01 B) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Primo Brands |
| = | 4.05 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Primo Total Debt vs Competition
Primo Brands is rated top company in total debt category among its peers. Total debt of Beverages - Non-Alcoholic industry is at this time estimated at about 24.3 Billion. Primo Brands retains roughly 4.05 Billion in total debt claiming about 17% of stocks in Beverages - Non-Alcoholic industry.
Primo Brands Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Primo Brands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Primo Brands will eventually generate negative long term returns. The profitability progress is the general direction of Primo Brands' change in net profit over the period of time. It can combine multiple indicators of Primo Brands, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -105.1 M | -110.4 M | |
| Operating Income | 406 M | 426.3 M | |
| Income Before Tax | 117.9 M | 123.8 M | |
| Total Other Income Expense Net | -288.1 M | -273.7 M | |
| Net Income | 92.8 M | 97.4 M | |
| Income Tax Expense | 25.1 M | 15.6 M | |
| Net Income Per Share | 0.63 | 0.66 | |
| Income Quality | 3.46 | 3.63 | |
| Net Income Per E B T | 2.02 | 2.12 |
Primo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Primo Brands. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Primo Brands position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Primo Brands' important profitability drivers and their relationship over time.
Use Primo Brands in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Primo Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Primo Brands will appreciate offsetting losses from the drop in the long position's value.Primo Brands Pair Trading
Primo Brands Pair Trading Analysis
The ability to find closely correlated positions to Primo Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primo Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Primo Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Primo Brands to buy it.
The correlation of Primo Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Primo Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Primo Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Primo Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Primo Brands position
In addition to having Primo Brands in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 12 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Convertibles Funds Theme or any other thematic opportunities.
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Check out Your Equity Center. For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Primo Brands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Primo Brands at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Primo Brands' income statement, its balance sheet, and the statement of cash flows.