Priority Fixed Asset Turnover from 2010 to 2024

PRTH Stock  USD 8.35  0.21  2.45%   
Priority Technology's Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is estimated to finish at 25.39 this year. For the period between 2010 and 2024, Priority Technology, Fixed Asset Turnover quarterly trend regression had mean deviation of  7.45 and range of 19.8261. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
16.91163832
Current Value
25.39
Quarterly Volatility
8.09966873
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Priority Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Priority Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 38.2 M or Selling General Administrative of 71.2 M, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.15 or PTB Ratio of 2.39. Priority financial statements analysis is a perfect complement when working with Priority Technology Valuation or Volatility modules.
  
Check out the analysis of Priority Technology Correlation against competitors.

Latest Priority Technology's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Priority Technology Holdings over the last few years. It is Priority Technology's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Priority Technology's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Priority Fixed Asset Turnover Regression Statistics

Arithmetic Mean27.93
Geometric Mean26.71
Coefficient Of Variation29.00
Mean Deviation7.45
Median34.82
Standard Deviation8.10
Sample Variance65.60
Range19.8261
R-Value(0.81)
Mean Square Error24.60
R-Squared0.65
Significance0.0003
Slope(1.46)
Total Sum of Squares918.46

Priority Fixed Asset Turnover History

2024 25.39
2023 16.91
2022 19.13
2021 20.41
2020 17.68
2019 15.81
2018 24.28

About Priority Technology Financial Statements

Investors use fundamental indicators, such as Priority Technology's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Priority Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 16.91  25.39 

Currently Active Assets on Macroaxis

When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
Check out the analysis of Priority Technology Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Transaction & Payment Processing Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Priority Technology. If investors know Priority will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
10.913
Quarterly Revenue Growth
0.201
Return On Assets
0.0474
Return On Equity
0.5639
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.