Primerica Inc
Primerica, Inc., together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Inve… Read more
Primerica Inc (PRI) - Total Assets
Latest total assets as of September 2025: $14.85 Billion USD
Based on the latest financial reports, Primerica Inc (PRI) holds total assets worth $14.85 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Primerica Inc - Total Assets Trend (2007–2024)
This chart illustrates how Primerica Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Primerica Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Primerica Inc's total assets of $14.85 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $687.82 Million | 4.7% |
| Accounts Receivable | $3.03 Billion | 20.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $88.72 Million | 0.6% |
| Intangible Assets | $45.27 Million | 0.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Primerica Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Primerica Inc's current assets represent 32.3% of total assets in 2024, an increase from 14.0% in 2007.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 5.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 20.8% of total assets.
Primerica Inc Competitors by Total Assets
Key competitors of Primerica Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Tongyang Life
KO:082640
|
Korea | ₩35.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
Primerica Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Primerica Inc generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Primerica Inc generates $ 3.23 in net profit.
Primerica Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 29.56 | 13.24 | 6.06 |
| Quick Ratio | 29.56 | 13.24 | 6.06 |
| Cash Ratio | 5.03 | 1.06 | 0.00 |
| Working Capital | $3.66 Billion | $ 6.33 Billion | $ 457.27 Million |
Primerica Inc - Advanced Valuation Insights
This section examines the relationship between Primerica Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.84 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | $14.58 Billion |
| Market Capitalization | $8.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Primerica Inc's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Primerica Inc's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Primerica Inc (2007–2024)
The table below shows the annual total assets of Primerica Inc from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.58 Billion | -2.97% |
| 2023-12-31 | $15.03 Billion | -2.09% |
| 2022-12-31 | $15.35 Billion | -4.80% |
| 2021-12-31 | $16.12 Billion | +8.17% |
| 2020-12-31 | $14.91 Billion | +8.89% |
| 2019-12-31 | $13.69 Billion | +8.68% |
| 2018-12-31 | $12.60 Billion | +1.08% |
| 2017-12-31 | $12.46 Billion | +8.93% |
| 2016-12-31 | $11.44 Billion | +7.79% |
| 2015-12-31 | $10.61 Billion | -1.17% |
| 2014-12-31 | $10.74 Billion | +3.95% |
| 2013-12-31 | $10.33 Billion | +0.14% |
| 2012-12-31 | $10.32 Billion | +3.17% |
| 2011-12-31 | $10.00 Billion | +1.16% |
| 2010-12-31 | $9.88 Billion | -25.28% |
| 2009-12-31 | $13.23 Billion | +18.52% |
| 2008-12-31 | $11.16 Billion | -8.34% |
| 2007-12-31 | $12.18 Billion | -- |