Priority Accounts Payable vs Short Long Term Debt Analysis
PRTH Stock | USD 8.35 0.21 2.45% |
Priority Technology financial indicator trend analysis is much more than just breaking down Priority Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Priority Technology is a good investment. Please check the relationship between Priority Technology Accounts Payable and its Short Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Accounts Payable vs Short Long Term Debt
Accounts Payable vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Priority Technology Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Priority Technology's Accounts Payable and Short Long Term Debt is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Priority Technology Holdings, assuming nothing else is changed. The correlation between historical values of Priority Technology's Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Priority Technology Holdings are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Priority Technology's Accounts Payable and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Priority Technology obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Priority Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Long Term Debt
The total of a company's short-term and long-term borrowings.Most indicators from Priority Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Priority Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. As of now, Priority Technology's Tax Provision is increasing as compared to previous years. The Priority Technology's current Enterprise Value Over EBITDA is estimated to increase to 6.15, while Selling General Administrative is projected to decrease to under 71.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 481.8M | 607.5M | 674.1M | 405.4M | Gross Profit | 155.0M | 226.9M | 275.3M | 156.3M |
Priority Technology fundamental ratios Correlations
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Priority Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Priority Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 464.5M | 417.8M | 1.4B | 1.4B | 1.6B | 1.7B | |
Short Long Term Debt Total | 489.6M | 377.3M | 610.3M | 605.1M | 638.7M | 415.8M | |
Other Current Liab | 57.1M | 104.7M | 567.1M | 614.7M | 830.4M | 871.9M | |
Total Current Liabilities | 93.0M | 148.8M | 583.6M | 630.0M | 852.1M | 894.7M | |
Total Stockholder Equity | (126.3M) | (98.6M) | 145.9M | 131.5M | 110.9M | 116.4M | |
Net Debt | 486.4M | 368.1M | 590.0M | 586.7M | 599.1M | 399.3M | |
Retained Earnings | (127.7M) | (102.0M) | (100.1M) | (102.2M) | (135.0M) | (128.2M) | |
Accounts Payable | 27.0M | 21.8M | 5.2M | 6.5M | 11.0M | 14.4M | |
Cash | 3.2M | 9.2M | 20.3M | 18.5M | 39.6M | 41.6M | |
Non Current Assets Total | 370.3M | 281.9M | 748.8M | 720.9M | 734.0M | 412.5M | |
Non Currrent Assets Other | 380K | 2.0M | 9.3M | 8.4M | 17.4M | 18.2M | |
Cash And Short Term Investments | 3.2M | 9.2M | 20.3M | 18.5M | 39.6M | 41.6M | |
Liabilities And Stockholders Equity | 464.5M | 417.8M | 1.4B | 1.4B | 1.6B | 1.7B | |
Non Current Liabilities Total | 492.2M | 367.5M | 622.5M | 610.6M | 650.7M | 421.1M | |
Other Stockholder Equity | 1.3M | 3.4M | 35.7M | (1.9M) | (12.8M) | (13.5M) | |
Total Liab | 585.2M | 516.4M | 1.2B | 1.2B | 1.5B | 1.6B | |
Total Current Assets | 94.2M | 135.9M | 603.1M | 652.5M | 881.3M | 925.4M | |
Short Term Debt | 3.3M | 4.0M | 19.4M | 6.2M | 6.7M | 6.6M | |
Common Stock | 48.8M | 67K | 68K | 77K | 76K | 73.2K | |
Other Liab | 6.6M | 9.7M | 18.3M | 7.5M | 6.8M | 9.9M | |
Net Tangible Assets | (418.7M) | (303.5M) | 145.9M | (237.8M) | (273.5M) | (287.1M) | |
Other Assets | 54.4M | 54.2M | 11.4M | 23.5M | 27.0M | 32.2M | |
Long Term Debt | 485.6M | 357.9M | 604.1M | 598.9M | 632.0M | 472.4M | |
Net Receivables | 39.3M | 43.5M | 58.7M | 79.6M | 60.0M | 57.0M | |
Common Stock Shares Outstanding | 67.1M | 67.3M | 71.9M | 78.2M | 78.3M | 58.9M | |
Long Term Debt Total | 402.1M | 485.6M | 357.9M | 604.1M | 694.7M | 729.5M | |
Capital Surpluse | 3.7M | 5.8M | 39.8M | 9.7M | 11.1M | 9.3M | |
Inventory | 51.1M | 82.4M | 44.7M | 10.6M | 11.9M | 11.3M | |
Other Current Assets | 533K | 83.1M | 524.1M | 554.4M | 781.7M | 820.8M | |
Property Plant And Equipment Gross | 23.5M | 22.9M | 25.2M | 93.1M | 101.1M | 106.2M | |
Short Long Term Debt | 3.3M | 4.0M | 19.4M | 6.2M | 6.7M | 6.3M | |
Non Current Liabilities Other | 6.6M | 9.7M | 18.3M | 11.6M | 18.8M | 17.1M | |
Intangible Assets | 182.8M | 98.1M | 340.2M | 288.8M | 273.4M | 192.5M |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.