Primerica Balance Sheet Health
Financial Health criteria checks 3/6
Primerica has a total shareholder equity of $1.9B and total debt of $2.0B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are $14.8B and $12.9B respectively. Primerica's EBIT is $989.4M making its interest coverage ratio 11.1. It has cash and short-term investments of $553.4M.
Key information
103.2%
Debt to equity ratio
US$2.01b
Debt
| Interest coverage ratio | 11.1x |
| Cash | US$553.38m |
| Equity | US$1.95b |
| Total liabilities | US$12.87b |
| Total assets | US$14.82b |
Recent financial health updates
No updates
Recent updates
Does Primerica (NYSE:PRI) Deserve A Spot On Your Watchlist?
Dec 05
Primerica: Future Dividend Growth Potential, As Earnings Outlook Positive
Dec 02Investors Appear Satisfied With Primerica, Inc.'s (NYSE:PRI) Prospects
Nov 07Primerica: Biting The Bear Back After Solid Earnings
Aug 08Primerica, Inc.'s (NYSE:PRI) Subdued P/E Might Signal An Opportunity
Aug 02Primerica: A Buying Opportunity On A Dividend Growth Play
May 21Here's What Analysts Are Forecasting For Primerica, Inc. (NYSE:PRI) After Its First-Quarter Results
May 09Here's Why Primerica, Inc.'s (NYSE:PRI) CEO May Deserve A Raise
May 02Here's Why We Think Primerica (NYSE:PRI) Might Deserve Your Attention Today
Apr 15Primerica, 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's Rally Meets Its Current Potential, Although There Still May Be Room For Growth
Jul 12Is Primerica A Buy Before Earnings?
Feb 21Primerica raises quarterly dividend by 18.2% to $0.65/share
Feb 07Primerica declares $0.55 dividend
Nov 08Financial Position Analysis
Short Term Liabilities: PRI's short term assets ($3.9B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: PRI's short term assets ($3.9B) do not cover its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: PRI's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: PRI's debt to equity ratio has increased from 96.6% to 103.2% over the past 5 years.
Debt Coverage: PRI's debt is well covered by operating cash flow (41.4%).
Interest Coverage: PRI's interest payments on its debt are well covered by EBIT (11.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:46 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Primerica, Inc. is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Bergman | Citigroup Inc |
| Andrew Kligerman | Credit Suisse |
| Darin Arita | Deutsche Bank |