Primoris Short Term Debt vs Inventory Analysis

Primoris Services financial indicator trend analysis is much more than just breaking down Primoris Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primoris Services is a good investment. Please check the relationship between Primoris Services Short Term Debt and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primoris Services Short Term Debt account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Primoris Services' Short Term Debt and Inventory is -0.09. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Primoris Services, assuming nothing else is changed. The correlation between historical values of Primoris Services' Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Primoris Services are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., Primoris Services' Short Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Inventory

Most indicators from Primoris Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primoris Services 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Primoris Services' Selling General Administrative is very stable compared to the past year. As of the 5th of October 2025, Enterprise Value Over EBITDA is likely to grow to 12.26, while Issuance Of Capital Stock is likely to drop about 572.9 K.

	2022	2023	2024	2025 (projected)
Income Before Tax	159.3M	177.7M	254.9M	267.7M
Total Operating Expenses	261.5M	334.4M	385.8M	405.1M

Income Before Tax Total Operating Expenses

Primoris Services fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Good Will	Inventory	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets
Total Assets		0.13	0.98	0.99	0.91	0.99	0.84	0.14	0.82	0.6	0.41	0.97	0.38	0.1	1.0	0.99	0.63	0.98	1.0	0.9	0.93	0.97	0.06	0.96	0.97	0.96
Other Current Liab	0.13		0.18	0.11	0.03	0.05	0.27	-0.22	0.33	0.52	0.59	0.09	0.09	0.18	0.14	0.16	0.52	0.09	0.09	-0.18	0.07	0.11	0.29	0.09	0.0	0.13
Total Current Liabilities	0.98	0.18		0.98	0.84	0.98	0.89	0.15	0.88	0.58	0.41	0.92	0.27	0.09	0.98	0.99	0.61	0.93	0.97	0.85	0.95	0.94	0.06	0.97	0.95	0.9
Total Stockholder Equity	0.99	0.11	0.98		0.88	0.99	0.85	0.14	0.83	0.63	0.45	0.95	0.32	0.17	0.98	0.99	0.66	0.95	0.98	0.9	0.94	0.96	0.07	0.95	0.97	0.94
Net Debt	0.91	0.03	0.84	0.88		0.87	0.56	0.03	0.54	0.51	0.31	0.98	0.6	0.05	0.92	0.87	0.53	0.98	0.94	0.86	0.76	0.96	0.09	0.84	0.87	0.97
Retained Earnings	0.99	0.05	0.98	0.99	0.87		0.85	0.21	0.83	0.59	0.41	0.95	0.3	0.11	0.98	0.99	0.62	0.95	0.98	0.92	0.94	0.94	-0.02	0.95	0.98	0.92
Cash	0.84	0.27	0.89	0.85	0.56	0.85		0.35	1.0	0.55	0.43	0.72	0.1	0.12	0.82	0.87	0.58	0.73	0.79	0.69	0.84	0.74	0.06	0.79	0.82	0.69
Other Assets	0.14	-0.22	0.15	0.14	0.03	0.21	0.35		0.34	-0.08	-0.13	0.12	-0.04	-0.42	0.14	0.16	-0.08	0.12	0.12	0.29	0.17	0.05	-0.49	0.05	0.25	0.02
Cash And Short Term Investments	0.82	0.33	0.88	0.83	0.54	0.83	1.0	0.34		0.56	0.44	0.7	0.09	0.12	0.81	0.86	0.59	0.71	0.77	0.66	0.82	0.73	0.08	0.78	0.79	0.67
Common Stock Total Equity	0.6	0.52	0.58	0.63	0.51	0.59	0.55	-0.08	0.56		0.94	0.56	0.24	0.42	0.58	0.61	1.0	0.56	0.57	0.39	0.51	0.54	0.03	0.51	0.57	0.57
Common Stock Shares Outstanding	0.41	0.59	0.41	0.45	0.31	0.41	0.43	-0.13	0.44	0.94		0.35	0.13	0.47	0.39	0.45	0.94	0.36	0.37	0.18	0.34	0.32	-0.02	0.33	0.39	0.36
Non Current Liabilities Total	0.97	0.09	0.92	0.95	0.98	0.95	0.72	0.12	0.7	0.56	0.35		0.53	0.05	0.98	0.95	0.58	1.0	0.99	0.91	0.84	0.98	0.06	0.9	0.93	0.98
Other Current Assets	0.38	0.09	0.27	0.32	0.6	0.3	0.1	-0.04	0.09	0.24	0.13	0.53		0.02	0.4	0.33	0.23	0.53	0.42	0.39	0.05	0.49	0.12	0.17	0.29	0.56
Other Stockholder Equity	0.1	0.18	0.09	0.17	0.05	0.11	0.12	-0.42	0.12	0.42	0.47	0.05	0.02		0.07	0.14	0.42	0.06	0.07	0.01	0.14	0.1	0.58	0.1	0.04	0.08
Total Liab	1.0	0.14	0.98	0.98	0.92	0.98	0.82	0.14	0.81	0.58	0.39	0.98	0.4	0.07		0.99	0.61	0.98	1.0	0.89	0.92	0.98	0.06	0.96	0.96	0.96
Total Current Assets	0.99	0.16	0.99	0.99	0.87	0.99	0.87	0.16	0.86	0.61	0.45	0.95	0.33	0.14	0.99		0.64	0.95	0.98	0.88	0.94	0.95	0.06	0.96	0.96	0.93
Common Stock	0.63	0.52	0.61	0.66	0.53	0.62	0.58	-0.08	0.59	1.0	0.94	0.58	0.23	0.42	0.61	0.64		0.58	0.6	0.41	0.54	0.56	0.04	0.54	0.6	0.59
Short Long Term Debt Total	0.98	0.09	0.93	0.95	0.98	0.95	0.73	0.12	0.71	0.56	0.36	1.0	0.53	0.06	0.98	0.95	0.58		0.99	0.9	0.85	0.99	0.09	0.91	0.94	0.98
Non Current Assets Total	1.0	0.09	0.97	0.98	0.94	0.98	0.79	0.12	0.77	0.57	0.37	0.99	0.42	0.07	1.0	0.98	0.6	0.99		0.91	0.9	0.99	0.07	0.95	0.96	0.97
Non Currrent Assets Other	0.9	-0.18	0.85	0.9	0.86	0.92	0.69	0.29	0.66	0.39	0.18	0.91	0.39	0.01	0.89	0.88	0.41	0.9	0.91		0.8	0.87	-0.14	0.84	0.93	0.85
Net Receivables	0.93	0.07	0.95	0.94	0.76	0.94	0.84	0.17	0.82	0.51	0.34	0.84	0.05	0.14	0.92	0.94	0.54	0.85	0.9	0.8		0.87	0.09	0.96	0.89	0.83
Good Will	0.97	0.11	0.94	0.96	0.96	0.94	0.74	0.05	0.73	0.54	0.32	0.98	0.49	0.1	0.98	0.95	0.56	0.99	0.99	0.87	0.87		0.19	0.92	0.91	0.99
Inventory	0.06	0.29	0.06	0.07	0.09	-0.02	0.06	-0.49	0.08	0.03	-0.02	0.06	0.12	0.58	0.06	0.06	0.04	0.09	0.07	-0.14	0.09	0.19		0.1	-0.09	0.14
Property Plant And Equipment Gross	0.96	0.09	0.97	0.95	0.84	0.95	0.79	0.05	0.78	0.51	0.33	0.9	0.17	0.1	0.96	0.96	0.54	0.91	0.95	0.84	0.96	0.92	0.1		0.93	0.88
Short Term Debt	0.97	0.0	0.95	0.97	0.87	0.98	0.82	0.25	0.79	0.57	0.39	0.93	0.29	0.04	0.96	0.96	0.6	0.94	0.96	0.93	0.89	0.91	-0.09	0.93		0.89
Intangible Assets	0.96	0.13	0.9	0.94	0.97	0.92	0.69	0.02	0.67	0.57	0.36	0.98	0.56	0.08	0.96	0.93	0.59	0.98	0.97	0.85	0.83	0.99	0.14	0.88	0.89

Click cells to compare fundamentals

Primoris Services Account Relationship Matchups

Primoris Services fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.5B	3.5B	3.8B	4.2B	4.4B
Other Current Liab	119.6M	108.5M	166.3M	156.1M	178.9M	158.7M
Total Current Liabilities	764.4M	759.1M	1.1B	1.3B	1.7B	1.8B
Total Stockholder Equity	714.8M	990.1M	1.1B	1.2B	1.4B	1.5B
Net Debt	200.8M	620.6M	1.1B	1.1B	734.4M	771.1M
Retained Earnings	624.7M	727.4M	847.7M	961.0M	1.1B	1.2B
Cash	326.7M	200.5M	248.7M	217.8M	455.8M	478.6M
Other Assets	14.6M	222.0M	16.4M	21.8M	25.1M	40.4M
Cash And Short Term Investments	326.7M	200.5M	248.7M	217.8M	455.8M	478.6M
Common Stock Shares Outstanding	48.6M	53.2M	53.8M	54.2M	54.6M	48.9M
Liabilities And Stockholders Equity	2.0B	2.5B	3.5B	3.8B	4.2B	4.4B
Non Current Liabilities Total	490.4M	794.2M	1.3B	1.3B	1.1B	1.2B
Other Current Assets	30.2M	86.3M	771.0M	135.8M	46.5M	44.1M
Other Stockholder Equity	89.1M	261.9M	263.8M	275.8M	285.8M	231.6M
Total Liab	1.3B	1.6B	2.4B	2.6B	2.8B	2.9B
Total Current Assets	1.1B	1.2B	1.7B	1.9B	2.2B	2.3B
Short Long Term Debt Total	527.5M	821.1M	1.3B	1.3B	1.2B	1.2B
Non Current Assets Total	854.3M	1.4B	1.8B	1.9B	2.0B	2.1B
Non Currrent Assets Other	12.8M	15.1M	21.8M	18.9M	22.3M	23.5M
Net Receivables	758.3M	880.4M	663.1M	1.5B	1.6B	1.7B
Inventory	(325.8M)	14.9M	21.6M	39.7M	49.1M	51.5M
Property Plant And Equipment Gross	356.2M	591.9M	696.7M	1.3B	1.4B	1.4B
Accumulated Other Comprehensive Income	958K	698K	(2.6M)	(788K)	(4.2M)	(4.4M)
Short Term Debt	120.8M	128.8M	150.7M	169.3M	196.7M	206.5M
Intangible Assets	61.0M	171.3M	249.4M	227.6M	207.9M	218.3M
Property Plant And Equipment Net	563.5M	591.9M	696.7M	836.4M	949.3M	996.8M
Current Deferred Revenue	267.2M	240.4M	269.9M	366.5M	617.4M	648.3M
Accounts Payable	245.9M	273.5M	535.0M	629.0M	624.3M	655.5M
Net Tangible Assets	343.6M	438.6M	237.1M	(12.4M)	(14.2M)	(13.5M)
Long Term Debt	268.8M	594.2M	1.1B	885.4M	660.2M	414.7M
Retained Earnings Total Equity	461.1M	531.3M	624.7M	727.4M	836.5M	429.9M
Long Term Debt Total	305.7M	295.6M	268.8M	594.2M	683.4M	717.5M
Capital Surpluse	144.0M	97.1M	89.1M	261.9M	301.2M	170.3M
Capital Lease Obligations	210.9M	98.1M	130.8M	359.9M	455.4M	478.2M
Deferred Long Term Liab	8.2M	17.8M	13.5M	38.5M	44.3M	46.5M
Non Current Liabilities Other	208.0M	63.4M	43.9M	47.9M	58.1M	66.2M

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Primoris Short Term Debt vs Inventory Analysis

Short Term Debt vs Inventory

Short Term Debt vs Inventory Correlation Analysis

Correlation Coefficient

Short Term Debt

Inventory

Primoris Services fundamental ratios Correlations

Primoris Services Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Primoris Services fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Other Tools for Primoris Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 1.0	Total Liab

Inventory	- 0.49	Other Assets
Other Stockholder Equity	- 0.42	Other Assets
Other Assets	- 0.22	Other Current Liab
Non Currrent Assets Other	- 0.18	Other Current Liab
Inventory	- 0.14	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.13	Other Assets