Primoris Cash Flow - Quarterly (NASDAQ:PRIM)

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$25.23 $0.03 (0.12%) PRIM stock closing price Sep 18, 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 $170.39M at beginning of the quarter and $174.9M at quarter end of 2018 Q2. 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 $-151.33M for the latest quarter 2018 Q2.

View and download details of Primoris cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
18.41M4.21M76.85M53.04M30.9M8.51M27.72M12.95M8.2M2.91M
Depreciation Depletion Amortization Cash-Flow35.18M16.79M66.78M49.72M32.22M15.86M70.74M54.16M34.08M16.9M
Net Increase (Decrease) in Assets Liabilities-53.22M-16.49M50.97M67.61M55.67M25.56M-43.74M-14.31M-35.21M-54.95M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-1.08M-0.84M-5.66M-8.94M-2.51M-0.84M7.85M-2.19M-1.58M-0.47M
Net Cash from (used by) Operating Activities
-0.72M3.66M188.94M161.43M116.28M49.08M62.57M50.61M5.49M-35.6M
Increase (Decrease) in Prop Plant And Equipment-40.3M-15.39M-71.04M-50.31M-40.03M-17.23M-48.42M-44.37M-36.41M-8.94M
Acquisition Disposition of Subsidiaires-111.03M--66.2M-66.2M-66.2M--10.99M-4.1M-4.1M-4.1M
Increase (Decrease) in Investments--5.81M-13.23M------
Other Cash Inflow (Outflow) from Investment Activities--10M--------
Net Cash from (used by) Investment Activities
-151.33M-25.39M-131.43M-129.76M-106.23M-17.23M-59.42M-48.48M-40.52M-13.05M
Issuance (Purchase) of Equity Shares1.5M1.49M-3.85M-3.85M-3.85M-3.85M-3.55M1.43M1.43M1.43M
Issuance (Repayment) of Debt Securities-8.58M-12.89M-7.13M-11.27M-24.67M-12.49M-13.51M-7.49M-24.73M-12.24M
Increase (Decrease) in Bank & Other Borrowings170M---------
Payment of Dividends & Other Cash Distributions-6.18M-3.08M-11.32M-8.49M-5.66M-2.83M-11.38M-8.53M-5.68M-2.84M
Other Cash from (used by) Financing Activities---0.63M-0.63M------
Net Cash from (used by) Financing Activities
156.74M-14.48M-22.94M-24.25M-34.19M-19.18M-28.45M-14.59M-28.98M-13.64M
Effect of Exchange Rate Changes on Cash-0.19M---------
Net Change in Cash & Cash Equivalents
4.51M-36.21M34.56M7.41M-24.14M12.66M-25.29M-12.45M-64M-62.31M
Cash & Equivalents at Beginning of Year170.39M135.82M161.12M139.46M196.07M157.55M120.3M115.43M90M72.84M
Cash & Equivalents at Year End174.9M134.17M170.38M143.23M111.67M148.48M135.82M148.66M97.11M98.8M
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 $174.9M 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 negative operating cash flow of $-0.72M till 2018 Q2 and has seen a decrease 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 $-151.33M for PRIM till last quarter 2018 Q2 report.
  • Cash Flow from financing activities: The cash inflow/outflow from financing activities was $156.74M 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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