Primoris Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Primoris Services's balance sheet done over the years? Its assets were worth $3,827,427,000 last year, which is more than in the previous period. 68% of Primoris Services’s total assets is currently financed by debt. Its liabilities reached the amount of $2,591,335,000, which means an increase by 6% compared compared to last year.
Debt to Assets
| 2014 | 1111187000 | 657.40M | 59.16% |
|---|---|---|---|
| 2015 | 1132254000 | 648.78M | 57.3% |
| 2016 | 1170798000 | 672.22M | 57.42% |
| 2017 | 1255740000 | 693.55M | 55.23% |
| 2018 | 1594147000 | 987.16M | 61.92% |
| 2019 | 1830465000 | 1.20B | 65.61% |
| 2020 | 1969580000 | 1.25B | 63.71% |
| 2021 | 2543327000 | 1.55B | 61.07% |
| 2022 | 3544020000 | 2.43B | 68.71% |
| 2023 | 3827427000 | 2.59B | 67.7% |
PRIM Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 217.77M | 248.69M | 200.51M | 326.74M | 120.28M | 151.06M | 170.38M | 135.82M | 161.12M | 139.46M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.99M |
Net receivables | 1.53B | 1.27B | 895.31M | 758.30M | 749.71M | 736.94M | 518.26M | 526.61M | 437.04M | 406.03M |
Inventory | 0 | 0 | -423.65M | -325.84M | -344.80M | 0 | 40.92M | 49.20M | 67.79M | 58.11M |
Other current assets | 135.84M | 176.35M | 509.92M | 356.06M | 387.51M | 36.44M | 28.97M | 19.73M | 20.86M | 45.75M |
Total current assets | 1.88B | 1.70B | 1.18B | 1.11B | 912.70M | 924.44M | 743.21M | 731.38M | 686.82M | 680.36M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 836.43M | 696.66M | 591.88M | 563.51M | 618.27M | 375.88M | 311.77M | 277.34M | 283.54M | 271.43M |
Goodwill | 857.65M | 871.80M | 581.66M | 215.10M | 215.10M | 206.15M | 153.37M | 127.22M | 124.16M | 119.41M |
Intangible assets | 227.56M | 249.38M | 171.32M | 61.01M | 69.82M | 81.19M | 44.8M | 32.84M | 36.43M | 39.58M |
Long term investments | 1.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.55M |
Other non-current assets | 18.91M | 21.78M | 15.05M | 12.77M | 13.45M | 5.00M | 2.57M | 2.00M | 211K | 400K |
Total non-current assets | 1.94B | 1.83B | 1.36B | 854.31M | 917.75M | 669.7M | 512.52M | 439.41M | 445.43M | 430.82M |
Total assets | 3.82B | 3.54B | 2.54B | 1.96B | 1.83B | 1.59B | 1.25B | 1.17B | 1.13B | 1.11B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 366.47M | 275.94M | 240.41M | 267.22M | 192.39M | 189.53M | 159.03M | 112.60M | 139.87M | 158.59M |
Short term debt | 169.31M | 78.13M | 67.23M | 47.72M | 55.65M | 62.48M | 65.59M | 58.37M | 55.41M | 40.55M |
Total current liabilities | 1.33B | 1.13B | 759.11M | 764.41M | 670.44M | 621.81M | 480.76M | 449.93M | 416.17M | 419.31M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.14B | 1.19B | 692.29M | 406.74M | 466.86M | 305.66M | 193.54M | 203.39M | 219.87M | 204.68M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 47.91M | 43.91M | 63.35M | 70.07M | 45.80M | 51.51M | 5.67M | 9.06M | 12.74M | 13.92M |
Total non-current liabilities | 1.25B | 1.29B | 794.15M | 490.37M | 530.48M | 365.35M | 212.79M | 222.29M | 232.61M | 238.09M |
Total liabilities | 2.59B | 2.43B | 1.55B | 1.25B | 1.20B | 987.16M | 693.55M | 672.22M | 648.78M | 657.40M |
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