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Primerica (FRA:PI7) Equity-to-Asset : 0.14 (As of Dec. 2023)


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What is Primerica Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Primerica's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,894 Mil. Primerica's Total Assets for the quarter that ended in Dec. 2023 was €13,780 Mil. Therefore, Primerica's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

The historical rank and industry rank for Primerica's Equity-to-Asset or its related term are showing as below:

FRA:PI7' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.12   Max: 0.14
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Primerica was 0.14. The lowest was 0.11. And the median was 0.12.

FRA:PI7's Equity-to-Asset is ranked worse than
68.15% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs FRA:PI7: 0.14

Primerica Equity-to-Asset Historical Data

The historical data trend for Primerica's Equity-to-Asset 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 Equity-to-Asset Chart

Primerica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 0.13 0.14 0.14

Primerica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.14 0.16 0.14

Competitive Comparison of Primerica's Equity-to-Asset

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

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

* The bar in red indicates where Primerica's Equity-to-Asset falls into.



Primerica Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Primerica's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1894.492/13780.43
=0.14

Primerica's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1894.492/13780.43
=0.14

* 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  (FRA:PI7) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Primerica Equity-to-Asset Related Terms

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


Primerica (FRA:PI7) 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.

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