What does transfer of long lived asset to held for sale mean?

Represents the reclassification of long-lived assets, such as property or equipment, to a held-for-sale status. This indicates a strategic decision to divest non-core assets or optimize the physical asset base. It serves as a signal of potential upcoming cash inflows from asset disposals.

Primis Financial Corp. FRST Transfer Of Long Lived Asset To Held For Sale

Transfer Of Long Lived Asset To Held For Sale at other companies

BrightSpire CapitalBRSP

$0-100%

First Citizens BancSharesFCNCA

$666M+379%

Beta Technologies BETA

$0-100%

Natural Gas Services GroupNGS

$556.75K—

First Citizens BancSharesFCNCA

$32M—

Madison Square Garden EntertainmentMSGE

$0—

Other financials

Income statement

See full

Revenue$45.6M-22.3%

Net income$7.3M-67.7%

EPS (diluted)$0.30-67.4%

Balance sheet

See full

Cash & equivalents$159.9M+180%

Total debt$290.8M+2,399%

Total equity$422.9M+20.2%

Total assets$4.3B+15.1%

Cash flow

See full

Operating cash flow-$54.4M-258%

CapEx$204.0K-52.9%

Free cash flow-$54.6M-2,516%

Valuation

See full

Market cap$390.16M+58.3%

Enterprise value$521.11M+159%

P/E8.5×-53.7×

P/S1.9×+0.4×

Profitability

See full

Net margin21.9%+19.6pp

FCF margin-22.7%—

Returns & leverage

See full

Return on equity15.9%+13.0pp

Debt / equity0.2×+0.2×

Where this comes from

Reported directly by Primis Financial Corp. in its filing.

Tagged under the XBRL concept frst:TransferOfLongLivedAssetToHeldForSale.

The official record: Primis Financial Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Primis Financial Corp.'s transfer of long lived asset to held for sale.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Primis Financial Corp.'s transfer of long lived asset to held for sale?: Primis Financial Corp. (FRST) reported transfer of long lived asset to held for sale of $2.22M in Q1 2025.
What does transfer of long lived asset to held for sale mean?: Represents the reclassification of long-lived assets, such as property or equipment, to a held-for-sale status. This indicates a strategic decision to divest non-core assets or optimize the physical asset base. It serves as a signal of potential upcoming cash inflows from asset disposals.