Priority Pocfratio vs Ev To Sales Analysis
PRTH Stock | USD 8.02 0.33 3.95% |
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 Pocfratio and its Ev To Sales 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.
Pocfratio vs Ev To Sales
Pocfratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Priority Technology Pocfratio account and Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Priority Technology's Pocfratio and Ev To Sales is 0.51. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Ev To Sales 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 Pocfratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Priority Technology Holdings are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Pocfratio i.e., Priority Technology's Pocfratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Pocfratio
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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
Click cells to compare fundamentals
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 |
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.