Priority Technology Financials

PRTH Stock  USD 8.02  0.33  3.95%   
Based on the key measurements obtained from Priority Technology's financial statements, Priority Technology Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Priority Technology's Total Stockholder Equity is increasing as compared to previous years. The Priority Technology's current Accounts Payable is estimated to increase to about 14.4 M, while Short and Long Term Debt Total is projected to decrease to under 415.8 M. Key indicators impacting Priority Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.321.0343
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Priority Technology includes many different criteria found on its balance sheet. An individual investor should monitor Priority Technology's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Priority Technology.

Net Income

(1.25 Million)

  
Understanding current and past Priority Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Priority Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Priority Technology's assets may result in an increase in income on the income statement.

Priority Technology Stock Summary

Priority Technology competes with Lesaka Technologies, CSG Systems, OneSpan, Sangoma Technologies, and NetScout Systems. Priority Technology Holdings, Inc. operates as a payment technology company in the United States. Priority Technology Holdings, Inc. was founded in 2005 and is headquartered in Alpharetta, Georgia. Priority Techno operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 783 people.
Specialization
Financials, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS74275G1076
CUSIP74275G107 55304A104 55304A203 74275G206
LocationGeorgia; U.S.A
Business Address2001 Westside Parkway,
SectorFinancial Services
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.prth.com
Phone404 952 2107
CurrencyUSD - US Dollar

Priority Technology Key Financial Ratios

Priority Technology Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets464.5M417.8M1.4B1.4B1.6B1.7B
Other Current Liab57.1M104.7M567.1M614.7M830.4M871.9M
Net Debt486.4M368.1M590.0M586.7M599.1M399.3M
Retained Earnings(127.7M)(102.0M)(100.1M)(102.2M)(135.0M)(128.2M)
Accounts Payable27.0M21.8M5.2M6.5M11.0M14.4M
Cash3.2M9.2M20.3M18.5M39.6M41.6M
Total Liab585.2M516.4M1.2B1.2B1.5B1.6B
Total Current Assets94.2M135.9M603.1M652.5M881.3M925.4M
Short Term Debt3.3M4.0M19.4M6.2M6.7M6.6M
Common Stock48.8M67K68K77K76K73.2K
Other Liab6.6M9.7M18.3M7.5M6.8M9.9M
Net Tangible Assets(418.7M)(303.5M)145.9M(237.8M)(273.5M)(287.1M)
Other Assets54.4M54.2M11.4M23.5M27.0M32.2M
Long Term Debt485.6M357.9M604.1M598.9M632.0M472.4M
Net Receivables39.3M43.5M58.7M79.6M60.0M57.0M
Long Term Debt Total402.1M485.6M357.9M604.1M694.7M729.5M
Capital Surpluse3.7M5.8M39.8M9.7M11.1M9.3M
Inventory51.1M82.4M44.7M10.6M11.9M11.3M
Other Current Assets533K83.1M524.1M554.4M781.7M820.8M
Short Long Term Debt3.3M4.0M19.4M6.2M6.7M6.3M
Intangible Assets182.8M98.1M340.2M288.8M273.4M192.5M

Priority Technology Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense40.7M44.8M36.5M53.6M76.1M38.2M
Total Revenue371.9M404.3M514.9M663.6M755.6M470.1M
Gross Profit119.3M127.0M155.0M226.9M275.3M156.3M
Operating Income7.2M20.9M33.1M56.2M81.5M85.6M
Ebit7.2M126.8M32.6M55.9M81.6M44.8M
Research Development4.1M5.3M5.9M6.9M9.4M9.9M
Cost Of Revenue252.6M277.4M359.9M436.8M480.3M355.9M
Income Before Tax(32.8M)82.0M(3.9M)3.2M7.2M6.4M
Net Income(33.6M)71.1M1.4M(2.2M)(1.3M)(1.2M)
Income Tax Expense830K10.9M(5.3M)5.4M8.5M4.4M
Net Interest Income(40.7M)(44.8M)(36.5M)(53.6M)(71.6M)(68.1M)
Ebitda47.0M167.6M82.3M126.6M150.0M90.2M
Tax Provision830K10.9M(5.3M)5.4M10.1M10.6M

Priority Technology Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.6M)(2.2M)(6.4M)(2.1M)(1.9M)(1.8M)
Investments(97.7M)166.4M(451.0M)(4.7M)(66.6M)(70.0M)
Change In Cash16.6M37.7M430.0M42.5M235.6M247.4M
Net Borrowings77.3M(122.0M)260.9M(8.7M)(7.8M)(7.4M)
Depreciation39.1M40.8M49.7M70.7M68.4M40.5M
Dividends Paid3.4M7.1M7.5M11.5M24.7M26.0M
Capital Expenditures94.1M13.0M59.2M18.9M21.3M39.6M
Net Income(33.6M)71.1M1.4M(2.2M)(1.3M)(1.2M)
End Period Cash Flow50.5M88.1M518.1M560.6M796.2M836.0M
Change To Netincome8.1M(49.9M)(6.5M)178K160.2K168.2K
Free Cash Flow(54.7M)34.1M(49.8M)51.6M60M63M
Other Non Cash Items5.4M(98.3M)(26.0M)5.7M(1.7M)(1.8M)

Priority Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Priority Technology's current stock value. Our valuation model uses many indicators to compare Priority Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Priority Technology competition to find correlations between indicators driving Priority Technology's intrinsic value. More Info.
Priority Technology Holdings is considered to be number one stock in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Priority Technology Holdings is roughly  11.90 . As of now, Priority Technology's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Priority Technology's earnings, one of the primary drivers of an investment's value.

Priority Technology Systematic Risk

Priority Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Priority Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Priority Technology correlated with the market. If Beta is less than 0 Priority Technology generally moves in the opposite direction as compared to the market. If Priority Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Priority Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Priority Technology is generally in the same direction as the market. If Beta > 1 Priority Technology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Priority Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Priority Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Priority Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.1)

As of now, Priority Technology's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Priority Technology November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Priority Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Priority Technology Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Priority Technology Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Priority Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Priority Technology's daily price indicators and compare them against related drivers.

Complementary Tools for Priority Stock analysis

When running Priority Technology's price analysis, check to measure Priority Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Priority Technology is operating at the current time. Most of Priority Technology's value examination focuses on studying past and present price action to predict the probability of Priority Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priority Technology's price. Additionally, you may evaluate how the addition of Priority Technology to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance