Primo Water Corp
Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep R… Read more
Primo Water Corp (PRMW) - Total Assets
Latest total assets as of September 2024: $3.56 Billion USD
Based on the latest financial reports, Primo Water Corp (PRMW) holds total assets worth $3.56 Billion USD as of September 2024.
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.
Primo Water Corp - Total Assets Trend (1991–2023)
This chart illustrates how Primo Water Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Primo Water Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Primo Water Corp's total assets of $3.56 Billion consist of 24.6% current assets and 75.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.4% |
| Accounts Receivable | $146.40 Million | 4.2% |
| Inventory | $47.30 Million | 1.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $714.20 Million | 20.3% |
| Goodwill | $1.00 Billion | 28.5% |
Asset Composition Trend (1991–2023)
This chart illustrates how Primo Water Corp'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: Primo Water Corp's current assets represent 24.6% of total assets in 2023, a decrease from 50.5% in 1991.
- Cash Position: Cash and equivalents constituted 14.4% of total assets in 2023, up from -1.7% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 48.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is goodwill at 28.5% of total assets.
Primo Water Corp Competitors by Total Assets
Key competitors of Primo Water Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
Primo Water Corp - 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
Moderate asset utilization - Primo Water Corp generates 0.50x 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, Primo Water Corp generates $ 1.84 in net profit.
Primo Water Corp - 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 | 2.34 | 0.84 | 1.06 |
| Quick Ratio | 2.23 | 0.67 | 0.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $572.20 Million | $ -99.20 Million | $ 34.70 Million |
Primo Water Corp - Advanced Valuation Insights
This section examines the relationship between Primo Water Corp'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 | 2.62 |
| Latest Market Cap to Assets Ratio | 1.07 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $3.52 Billion |
| Market Capitalization | $3.77 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Primo Water Corp's assets above their book value (1.07 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Primo Water Corp's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Primo Water Corp (1991–2023)
The table below shows the annual total assets of Primo Water Corp from 1991 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $3.52 Billion | -3.93% |
| 2022-12-31 | $3.67 Billion | -1.51% |
| 2021-12-31 | $3.72 Billion | +3.29% |
| 2020-12-31 | $3.60 Billion | +6.31% |
| 2019-12-31 | $3.39 Billion | +6.78% |
| 2018-12-31 | $3.18 Billion | -22.42% |
| 2017-12-31 | $4.09 Billion | +3.89% |
| 2016-12-31 | $3.94 Billion | +36.45% |
| 2015-12-31 | $2.89 Billion | -6.69% |
| 2014-12-31 | $3.09 Billion | +116.98% |
| 2013-12-31 | $1.43 Billion | -8.93% |
| 2012-12-31 | $1.57 Billion | +3.78% |
| 2011-12-31 | $1.51 Billion | -1.33% |
| 2010-12-31 | $1.53 Billion | +75.01% |
| 2009-12-31 | $873.80 Million | +0.08% |
| 2008-12-31 | $873.10 Million | -24.01% |
| 2007-12-31 | $1.15 Billion | +0.82% |
| 2006-12-31 | $1.14 Billion | -2.72% |
| 2005-12-31 | $1.17 Billion | +14.62% |
| 2004-12-31 | $1.02 Billion | +12.46% |
| 2003-12-31 | $908.80 Million | +15.71% |
| 2002-12-31 | $785.40 Million | -26.28% |
| 2001-12-31 | $1.07 Billion | +71.40% |
| 2000-12-31 | $621.60 Million | +5.43% |
| 1999-12-31 | $589.60 Million | -13.69% |
| 1998-12-31 | $683.10 Million | -20.19% |
| 1997-12-31 | $855.90 Million | +43.78% |
| 1996-12-31 | $595.30 Million | +11.56% |
| 1995-12-31 | $533.60 Million | +11.87% |
| 1994-12-31 | $477.00 Million | +57.32% |
| 1993-12-31 | $303.20 Million | +84.32% |
| 1992-12-31 | $164.50 Million | +135.34% |
| 1991-12-31 | $69.90 Million | -- |