Primerica (Primerica) Debt-to-Revenue : 0.70 (As of Dec. 2023)

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What is Primerica Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Primerica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Primerica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,042 Mil. Primerica's annualized Revenue for the quarter that ended in Dec. 2023 was $2,905 Mil. Primerica's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.70.

Primerica Debt-to-Revenue Historical Data

The historical data trend for Primerica's Debt-to-Revenue 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.

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Primerica Debt-to-Revenue Chart

Primerica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.79

0.80

0.75

0.77

0.73

Primerica Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															0.76	0.76	0.76	0.73	0.70

Competitive Comparison of Primerica's Debt-to-Revenue

For the Insurance - Life subindustry, Primerica's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Primerica's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Primerica's Debt-to-Revenue falls into.

Primerica Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Primerica's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	2041.659)	/	2815.691
	=	0.73

Primerica's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	2041.659)	/	2905.352
	=	0.70

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Primerica Debt-to-Revenue Related Terms

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Primerica (Primerica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Primerica Inc (NYSE:PRI) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

PI7:Germany

Address

1 Primerica Parkway, Duluth, GA, USA, 30099

Website

https://www.primerica.com

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