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Primerica (Primerica) Net Current Asset Value : $0.00 (As of Dec. 2023)


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What is Primerica Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Primerica's net current asset value per share for the quarter that ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Primerica's Net Current Asset Value or its related term are showing as below:

PRI's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 7.62
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Primerica Net Current Asset Value Historical Data

The historical data trend for Primerica's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Primerica Net Current Asset Value Chart

Primerica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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Primerica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Primerica's Net Current Asset Value

For the Insurance - Life subindustry, Primerica's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primerica's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Primerica's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Primerica's Price-to-Net-Current-Asset-Value falls into.



Primerica Net Current Asset Value Calculation

Primerica's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-12961.765-0-0)/34.9956
=N/A

Primerica's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-12961.765-0-0)/34.9956
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Primerica  (NYSE:PRI) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Primerica Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Primerica's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Primerica (Primerica) Business Description

Traded in Other Exchanges
Address
1 Primerica Parkway, Duluth, GA, USA, 30099
Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.
Executives
Alison S. Rand officer: Executive VP and CFO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams officer: President 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan officer: Executive VP, Finance 5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider officer: Exec. VP and General Counsel 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr. director, officer: Co-Chief Executive Officer 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts officer: Executive VP and COO 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson director NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle director 3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer director 22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough director 1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss director ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler officer: President of Subsidiary 3120 BRECKINRIDGE BLVD., DULUTH GA 30099