Priority Accounts Payable vs Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Priority Technology's Accounts Payable and Total Stockholder Equity is -0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Priority Technology's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expenses481.8M607.5M674.1M405.4M
Gross Profit155.0M226.9M275.3M156.3M

Priority Technology fundamental ratios Correlations

0.860.980.990.650.86-0.840.290.860.920.230.86-0.220.860.070.990.990.44-0.22-0.38-0.310.370.90.860.890.82
0.860.750.770.281.0-0.920.630.740.960.040.74-0.181.00.040.90.780.61-0.18-0.44-0.520.641.00.830.780.95
0.980.751.00.750.74-0.740.130.850.840.260.85-0.230.750.070.961.00.36-0.23-0.35-0.220.230.80.810.890.71
0.990.771.00.720.77-0.770.180.860.850.250.86-0.230.770.060.971.00.39-0.23-0.36-0.250.270.820.820.880.73
0.650.280.750.720.27-0.22-0.50.420.510.450.42-0.130.280.270.570.71-0.13-0.13-0.030.41-0.340.350.570.780.25
0.861.00.740.770.27-0.930.630.720.960.040.72-0.191.00.060.890.770.61-0.19-0.45-0.520.651.00.820.770.96
-0.84-0.92-0.74-0.77-0.22-0.93-0.65-0.66-0.86-0.08-0.660.36-0.91-0.24-0.88-0.76-0.610.360.670.62-0.79-0.93-0.66-0.65-0.97
0.290.630.130.18-0.50.63-0.650.430.39-0.160.430.020.62-0.190.390.190.610.02-0.4-0.850.880.570.270.00.63
0.860.740.850.860.420.72-0.660.430.720.171.00.070.74-0.330.880.870.480.07-0.15-0.430.30.750.750.660.61
0.920.960.840.850.510.96-0.860.390.720.150.72-0.20.960.140.920.850.5-0.2-0.39-0.320.460.970.880.910.91
0.230.040.260.250.450.04-0.08-0.160.170.150.170.560.040.110.180.25-0.060.56-0.070.08-0.090.070.110.20.05
0.860.740.850.860.420.72-0.660.431.00.720.170.070.74-0.330.880.870.480.07-0.15-0.430.30.750.750.660.61
-0.22-0.18-0.23-0.23-0.13-0.190.360.020.07-0.20.560.07-0.17-0.63-0.22-0.21-0.021.00.520.03-0.31-0.21-0.07-0.23-0.36
0.861.00.750.770.281.0-0.910.620.740.960.040.74-0.170.030.90.780.6-0.17-0.42-0.520.631.00.830.780.95
0.070.040.070.060.270.06-0.24-0.19-0.330.140.11-0.33-0.630.030.040.04-0.17-0.63-0.490.250.230.08-0.10.170.28
0.990.90.960.970.570.89-0.880.390.880.920.180.88-0.220.90.040.970.5-0.21-0.41-0.40.450.930.860.860.86
0.990.781.01.00.710.77-0.760.190.870.850.250.87-0.210.780.040.970.39-0.21-0.34-0.260.260.820.830.880.73
0.440.610.360.39-0.130.61-0.610.610.480.5-0.060.48-0.020.6-0.170.50.39-0.02-0.2-0.50.620.560.440.280.63
-0.22-0.18-0.23-0.23-0.13-0.190.360.020.07-0.20.560.071.0-0.17-0.63-0.21-0.21-0.020.520.03-0.31-0.21-0.07-0.23-0.36
-0.38-0.44-0.35-0.36-0.03-0.450.67-0.4-0.15-0.39-0.07-0.150.52-0.42-0.49-0.41-0.34-0.20.520.65-0.73-0.46-0.26-0.25-0.63
-0.31-0.52-0.22-0.250.41-0.520.62-0.85-0.43-0.320.08-0.430.03-0.520.25-0.4-0.26-0.50.030.65-0.82-0.49-0.3-0.01-0.55
0.370.640.230.27-0.340.65-0.790.880.30.46-0.090.3-0.310.630.230.450.260.62-0.31-0.73-0.820.610.270.110.77
0.91.00.80.820.351.0-0.930.570.750.970.070.75-0.211.00.080.930.820.56-0.21-0.46-0.490.610.840.810.95
0.860.830.810.820.570.82-0.660.270.750.880.110.75-0.070.83-0.10.860.830.44-0.07-0.26-0.30.270.840.870.73
0.890.780.890.880.780.77-0.650.00.660.910.20.66-0.230.780.170.860.880.28-0.23-0.25-0.010.110.810.870.71
0.820.950.710.730.250.96-0.970.630.610.910.050.61-0.360.950.280.860.730.63-0.36-0.63-0.550.770.950.730.71
Click cells to compare fundamentals

Priority Technology Account Relationship Matchups

Priority Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets464.5M417.8M1.4B1.4B1.6B1.7B
Short Long Term Debt Total489.6M377.3M610.3M605.1M638.7M415.8M
Other Current Liab57.1M104.7M567.1M614.7M830.4M871.9M
Total Current Liabilities93.0M148.8M583.6M630.0M852.1M894.7M
Total Stockholder Equity(126.3M)(98.6M)145.9M131.5M110.9M116.4M
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
Non Current Assets Total370.3M281.9M748.8M720.9M734.0M412.5M
Non Currrent Assets Other380K2.0M9.3M8.4M17.4M18.2M
Cash And Short Term Investments3.2M9.2M20.3M18.5M39.6M41.6M
Liabilities And Stockholders Equity464.5M417.8M1.4B1.4B1.6B1.7B
Non Current Liabilities Total492.2M367.5M622.5M610.6M650.7M421.1M
Other Stockholder Equity1.3M3.4M35.7M(1.9M)(12.8M)(13.5M)
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
Common Stock Shares Outstanding67.1M67.3M71.9M78.2M78.3M58.9M
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
Property Plant And Equipment Gross23.5M22.9M25.2M93.1M101.1M106.2M
Short Long Term Debt3.3M4.0M19.4M6.2M6.7M6.3M
Non Current Liabilities Other6.6M9.7M18.3M11.6M18.8M17.1M
Intangible Assets182.8M98.1M340.2M288.8M273.4M192.5M

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 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.