Primoris Cash Flow - Quarterly (NASDAQ:PRIM)

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$26.27 $0.59 (2.2%) PRIM stock closing price Mar 19, 2018 (Closing)

The financial analysis of PRIM requires an investor to check the cash flows for Primoris. While its important to look at the Primoris debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Primoris revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Primoris had cash and cash equivalents of $161.12M at beginning of the quarter and $143.23M at quarter end of 2017 Q3. Primoris cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. PRIM decrease in investments stood at a value of $-129.76M for the latest quarter 2017 Q3.

View and download details of Primoris cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow49.72M32.22M15.86M70.74M54.16M34.08M16.9M65.6M48.53M
Net Increase (Decrease) in Assets Liabilities67.61M55.67M25.56M-43.74M-14.31M-35.21M-54.95M-39.58M-84.29M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net-8.94M-2.51M-0.84M7.85M-2.19M-1.58M-0.47M-14.79M-5.38M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-50.31M-40.03M-17.23M-48.42M-44.37M-36.41M-8.94M-57.2M-46.3M
Acquisition Disposition of Subsidiaires-66.2M-66.2M--10.99M-4.1M-4.1M-4.1M-22.3M-22.3M
Increase (Decrease) in Investments-13.23M------30.99M30.99M
Other Cash Inflow (Outflow) from Investment Activities---------
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares-3.85M-3.85M-3.85M-3.55M1.43M1.43M1.43M1.62M1.62M
Issuance (Repayment) of Debt Securities-11.27M-24.67M-12.49M-13.51M-7.49M-24.73M-12.24M30.01M9.64M
Increase (Decrease) in Bank & Other Borrowings---------
Payment of Dividends & Other Cash Distributions-8.49M-5.66M-2.83M-11.38M-8.53M-5.68M-2.84M-9.8M-6.96M
Other Cash from (used by) Financing Activities-0.63M-------0.02M-0.02M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash---------
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year161.12M139.46M196.07M157.55M120.3M115.43M90M72.84M62.96M
Cash & Equivalents at Year End143.23M111.67M148.48M135.82M148.66M97.11M98.8M161.12M89.42M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Primoris stock price history provides the price history of a stock, Primoris stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Primoris has cash of $143.23M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Primoris stock price.
  • Cash Flow from operating activities: Primoris reported a positive operating cash flow of $161.43M till 2017 Q3 and has seen an increase from the previous quarter. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-129.76M for PRIM till last quarter 2017 Q3 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $-24.25M for Primoris. The money accounted for under this head comes from external sources which includes lenders, investors and shareholders. Positive cash flow is generated when the company gets cash because of issuance of stocks or bonds. Similarly negative cash flow is generated when shares are repurchased, dividend payments are made, and loans or interest on loans are paid back.

Key Financial Ratios For Primoris Cash Flow

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