Primerica Balance Sheet Health
Financial Health criteria checks 3/6
Primerica has a total shareholder equity of $2.1B and total debt of $2.1B, which brings its debt-to-equity ratio to 100.7%. Its total assets and total liabilities are $15.0B and $13.0B respectively. Primerica's EBIT is $843.7M making its interest coverage ratio 9.2. It has cash and short-term investments of $631.8M.
Key information
100.7%
Debt to equity ratio
US$2.08b
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$631.81m |
| Equity | US$2.07b |
| Total liabilities | US$12.96b |
| Total assets | US$15.03b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Primerica (NYSE:PRI) Might Deserve Your Attention Today
Apr 15
Primerica, Inc. (NYSE:PRI) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Feb 16Primerica (NYSE:PRI) Has Announced That It Will Be Increasing Its Dividend To $0.75
Feb 12Does Primerica (NYSE:PRI) Deserve A Spot On Your Watchlist?
Dec 28Primerica Lacks In Dividend Yield But Crushes It In Revenue And Earnings Growth
Dec 26Primerica (NYSE:PRI) Will Pay A Larger Dividend Than Last Year At $0.65
Aug 11Primerica's Rally Meets Its Current Potential, Although There Still May Be Room For Growth
Jul 12Primerica's (NYSE:PRI) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Is Primerica A Buy Before Earnings?
Feb 21Primerica (NYSE:PRI) Has Announced That It Will Be Increasing Its Dividend To $0.65
Feb 11Primerica raises quarterly dividend by 18.2% to $0.65/share
Feb 07Primerica declares $0.55 dividend
Nov 08Primerica Q2 2022 Earnings Preview
Aug 072 Ugly Ducklings To Consider For Your Dividend Growth Portfolio
Apr 29Primerica (NYSE:PRI) Will Pay A Larger Dividend Than Last Year At US$0.55
Feb 12Does Primerica (NYSE:PRI) Deserve A Spot On Your Watchlist?
Feb 04Is Now The Time To Put Primerica (NYSE:PRI) On Your Watchlist?
Oct 18Do Primerica's (NYSE:PRI) Earnings Warrant Your Attention?
Jul 19Financial Position Analysis
Short Term Liabilities: PRI's short term assets ($4.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: PRI's short term assets ($4.3B) do not cover its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: PRI's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: PRI's debt to equity ratio has increased from 95.5% to 100.7% over the past 5 years.
Debt Coverage: PRI's debt is well covered by operating cash flow (33.3%).
Interest Coverage: PRI's interest payments on its debt are well covered by EBIT (9.2x coverage).