Primis Financial Corp. Financial Ratios — 7H80 Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	4.44	6.5	5.97	6.78	7.95	8.38	1.08	10.04	9.14	5.99	7.77	3.54	-2.05	-4.45	15.86
Return on Assets (%)	0.73	0.98	0.87	0.92	0.95	0.95	0.13	1.27	1.22	0.79	0.96	0.41	-0.21	-0.43	1.59
Return on Capital (%)	3.34	5.01	4.72	5.24	5.34	4.97	0.52	5.25	5.86	3.9	5.08	1.98	- -	- -	11.72
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	20.46	28.61	28.86	31.9	35.83	36.66	21.35	43.5	40.72	17.78	37.8	14.44	-7.77	-19.61	51.51
Profit Margin (%)	14.78	19.41	19.43	21.24	23.85	24.54	3.32	33.84	35.49	21.83	29.73	11.78	-5.44	-11	43.62
Net Income to Common Margin (%)	14.78	19.41	19.43	21.24	23.85	24.54	3.32	33.84	35.49	21.83	29.73	11.78	-5.44	-11	43.62
Effective Tax Rate (%)	27.77	32.17	32.67	33.41	33.44	33.07	84.43	22.2	15.48	22.12	21.95	18.38	- -	- -	20.28
Dvd Payout Ratio (%)	- -	43.23	46.31	96.74	68.46	38.02	239.09	22.82	27.02	66.8	31.76	69.64	-79.69	-29.86	18.2
Sustainable Growth Rate (%)	4.44	3.69	3.2	0.22	2.51	5.2	-1.5	7.75	6.67	1.99	5.3	1.08	-3.68	-5.78	12.98

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	30	30	25	40	74	95	392	220	187	224	202	426	158	125	197
ST Debt	- -	- -	- -	15	59	95	336	163	122	- -	- -	- -	- -	- -	- -
LT Debt	30	30	25	25	15	- -	57	57	65	224	202	426	158	125	197
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	16.2	14.25	14.89	12.43	11.55	11.06	12.35	12.89	13.86	12.64	12.04	10.91	9.75	9.53	10.45
Long-Term Debt/Equity (%)	30.29	29.32	23.45	21.93	12.54	- -	17.55	16.27	17.27	57.24	49.15	109.54	39.66	34.15	46.65
Long-Term Debt/Capital (%)	23.25	22.67	18.99	16.21	7.75	- -	7.92	9.97	11.55	36.4	32.95	52.28	28.4	25.46	31.81
Long-Term Debt/Total Assets (%)	4.91	4.18	3.49	2.73	1.45	- -	2.17	2.1	2.39	7.24	5.92	11.95	4.09	3.38	4.87
Total Debt/Equity (%)	30.29	29.32	23.45	35.31	61.85	75.19	121.53	63.17	49.52	57.24	49.15	109.54	39.66	34.15	46.65
Total Debt/Capital (%)	23.25	22.67	18.99	26.1	38.22	42.92	54.86	38.71	33.12	36.4	32.95	52.28	28.4	25.46	31.81
Total Debt/Total Assets (%)	4.91	4.18	3.49	4.39	7.14	8.32	15.01	8.14	6.86	7.24	5.92	11.95	4.09	3.38	4.87
Net Debt to Equity	25.2	-8.67	3.89	1.69	36.5	37.68	114.18	55.18	38.81	4.9	-81.73	88.04	17.21	13.31	-1.81
Net Debt/Capital (%)	20.13	-9.5	3.74	1.67	26.74	27.37	53.31	35.56	27.51	4.58	-411.73	46.45	14.33	11.42	-1.61
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	16.2	14.25	14.89	12.43	11.55	11.06	12.35	12.89	13.86	12.64	12.04	10.91	9.75	9.53	10.45
Long-Term Debt/Equity (%)	30.29	29.32	23.45	21.93	12.54	- -	17.55	16.27	17.27	57.24	49.15	109.54	39.66	34.15	46.65
Long-Term Debt/Capital (%)	23.25	22.67	18.99	16.21	7.75	- -	7.92	9.97	11.55	36.4	32.95	52.28	28.4	25.46	31.81
Long-Term Debt/Total Assets (%)	4.91	4.18	3.49	2.73	1.45	- -	2.17	2.1	2.39	7.24	5.92	11.95	4.09	3.38	4.87
Total Debt/Equity (%)	30.29	29.32	23.45	35.31	61.85	75.19	121.53	63.17	49.52	57.24	49.15	109.54	39.66	34.15	46.65
Total Debt/Capital (%)	23.25	22.67	18.99	26.1	38.22	42.92	54.86	38.71	33.12	36.4	32.95	52.28	28.4	25.46	31.81
Total Debt/Total Assets (%)	4.91	4.18	3.49	4.39	7.14	8.32	15.01	8.14	6.86	7.24	5.92	11.95	4.09	3.38	4.87
CFO/Total Liabilities	2.57	1.75	0.96	1.43	1.33	1.77	1.07	1.76	1.57	0.97	0.91	0.39	0.83	0.59	0.3
CFO/CapEx	25.2	13.67	13.38	12.8	39.8	126.03	17.25	21	33.39	24.21	11.09	12.29	14.98	16.36	6.21
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.46	6.57	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	48.91	55.59	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	369	289	309	284	317
- Cash & Cash Equivalents	5	39	21	38	30	47	24	28	32	196	530	78	78	65	144
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21	13	- -
+ Total Debt	30	30	25	40	74	95	392	220	187	224	202	426	158	125	197
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-231	401	182	121	211
Total Capital	129	133	132	154	194	221	715	568	564	614	612	815	555	490	620
Total Debt/Capital (%)	23.25	22.67	18.99	26.1	38.22	42.92	54.86	38.71	33.12	36.4	32.95	52.28	28.4	25.46	31.81
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-0.87	1.06	0.87	1.03	0.93
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.34	1.27	0.82	1.5
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	32.24	- -	- -	19.61
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35.1	- -	- -	23.37
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	369	289	308	284	317
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-231	401	181	121	211
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.19	7.35	4.9	8.52
TTM Sales	30	34	32	35	39	42	73	100	93	105	105	120	144	147	141
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	13	11	6	11	12	18	25	41	37	26	27	12	- -	- -	11
TTM Free Cash Flow to Firm	13	10	5	11	12	18	23	39	36	25	25	11	- -	- -	9

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.89	25.29	11.46	15.47	35.11
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-231	401	182	121	211
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.9	11.47	6.95	9.15	7.84
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.34	1.27	0.82	1.5
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.78	20.33	- -	- -	5.16
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.65	23.01	- -	- -	4.21
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.61	27.51	- -	- -	5.35
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.17	19.97	- -	- -	3.16
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.9	0.74	0.82	0.81	0.75
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.89	0.84	0.62	0.8	0.61
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.96	1.01	0.82	0.95	0.78
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.78	0.73	0.46	0.64	0.46
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.21	1.07	1.14	1.14	0.98
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.2	1.21	0.86	1.13	0.8
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.3	1.44	1.14	1.33	1.02
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.05	1.05	0.64	0.91	0.6
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.5	2.4	2.14	1.92	2.25
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.46	2.71	1.61	1.91	1.84
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.75	3.24	2.14	2.26	2.33
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.02	2.35	1.19	1.54	1.38
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.46	23.13	10.7	14.52	29.44
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.3	26.18	8.06	14.41	24.05
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.4	31.3	10.7	17.01	30.53
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.61	22.72	5.96	11.6	18.02
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.72	28.63	8.64	15.35	28.68
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.93	34.22	11.46	18.12	36.42
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.85	24.85	6.39	12.35	21.49
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.66	0.74	0.81	1.09
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.19	1.27	1.16	1.58
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.3	0.32	0.44	0.63
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.95	11.67	12.47	11.45	12.81
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	15.79	12.47	13.42	13.28
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-236	439	106	119	153
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-205	503	182	170	223
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-282	396	45	64	88

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	12	12	12	12	12	12	24	24	24	24	25	25	25	25	25
Diluted Weighted Avg Shares	12	12	12	12	12	12	19	24	24	24	25	25	25	25	25
Basic Weighted Avg Shares	12	12	12	12	12	12	18	24	24	24	25	25	25	25	25
Revenue per Share	2.56	2.91	2.77	2.96	3.18	3.42	3.95	4.13	3.87	4.33	4.27	4.87	5.82	5.95	5.69
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.38	0.56	0.54	0.63	0.76	0.84	0.13	1.4	1.37	0.94	1.27	0.57	-0.32	-0.65	2.48
Basic EPS from Cont Ops	0.38	0.56	0.54	0.63	0.76	0.84	0.13	1.4	1.33	0.6	1.26	0.57	-0.41	-1	2.34
Diluted EPS, GAAP	0.38	0.56	0.54	0.63	0.75	0.83	0.13	1.38	1.36	0.94	1.26	0.57	-0.32	-0.65	2.48
Diluted EPS from Cont Ops	0.38	0.56	0.54	0.63	0.75	0.83	0.13	1.38	1.32	0.6	1.25	0.57	-0.41	-1	2.34
Dividend per Share	- -	0.24	0.25	0.61	0.52	0.32	0.31	0.32	0.36	0.4	0.4	0.4	0.4	0.4	0.4
Cash Flow per Share	1.13	0.93	0.5	0.97	1	1.47	1.33	1.72	1.52	1.08	1.11	0.5	1.17	0.79	0.44
Free Cash Flow per Basic Share	1.09	0.86	0.47	0.89	0.97	1.46	1.26	1.64	1.48	1.03	1.01	0.46	1.09	0.74	0.37
Cash & Equivalents per Share	1.28	3.58	1.97	3.31	2.81	4.17	7.68	7.09	8.11	14.29	32.51	12.69	12.35	12.11	12.25
Book Value per Share	8.52	8.87	9.17	9.3	9.75	10.27	13.44	14.43	15.55	15.98	16.63	15.71	15.18	14.18	17.07
Tangible Book Value per Share	7.56	7.98	8.31	8.33	8.8	9.34	8.83	9.85	11.05	11.57	12.32	10.93	10.9	10.06	13.08