Priority Historical Balance Sheet

PRTH Stock  USD 6.75  0.68  9.15%   
Trend analysis of Priority Technology Holdings balance sheet accounts such as Accounts Payable of 14.6 M, Cash of 61.5 M, Non Current Assets Total of 450.7 M or Non Currrent Assets Other of 29 M provides information on Priority Technology's total assets, liabilities, and equity, which is the actual value of Priority Technology to its prevalent stockholders. By breaking down trends over time using Priority Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Priority Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Priority Technology is a good buy for the upcoming year.

Priority Technology Inventory

13.03 Million

  
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.

About Priority Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Priority Technology at a specified time, usually calculated after every quarter, six months, or one year. Priority Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Priority Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Priority currently owns. An asset can also be divided into two categories, current and non-current.

Priority Technology Balance Sheet Chart

As of now, Priority Technology's Cash is increasing as compared to previous years. The Priority Technology's current Non Currrent Assets Other is estimated to increase to about 29 M, while Short and Long Term Debt Total is projected to decrease to under 9 M.

Total Assets

Total assets refers to the total amount of Priority Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Priority Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Priority Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Priority Technology Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
Most accounts from Priority Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Cash is increasing as compared to previous years. The Priority Technology's current Non Currrent Assets Other is estimated to increase to about 29 M, while Short and Long Term Debt Total is projected to decrease to under 9 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total605.1M638.7M9.5M9.0M
Total Assets1.4B1.6B1.8B1.9B

Priority Technology balance sheet Correlations

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0.320.510.20.23-0.590.49-0.650.410.42-0.070.410.010.59-0.220.40.240.620.01-0.42-0.860.880.550.30.070.63
0.890.180.910.92-0.340.1-0.720.410.710.431.0-0.030.78-0.830.930.930.5-0.03-0.3-0.440.290.80.790.70.62
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-0.45-0.26-0.43-0.430.23-0.240.7-0.42-0.3-0.46-0.18-0.30.53-0.510.31-0.47-0.42-0.270.530.66-0.71-0.53-0.38-0.35-0.67
-0.35-0.34-0.28-0.310.62-0.310.63-0.86-0.44-0.35-0.03-0.440.04-0.530.33-0.43-0.31-0.530.040.66-0.82-0.5-0.36-0.09-0.57
0.350.510.240.27-0.480.49-0.750.880.290.44-0.030.29-0.310.57-0.180.410.260.62-0.31-0.71-0.820.540.270.120.75
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Click cells to compare fundamentals

Priority Technology Account Relationship Matchups

Priority Technology balance sheet Accounts

202020212022202320242025 (projected)
Total Assets417.8M1.4B1.4B1.6B1.8B1.9B
Short Long Term Debt Total377.3M610.3M605.1M638.7M9.5M9.0M
Other Current Liab104.7M567.1M614.7M830.4M1.0B1.1B
Total Current Liabilities148.8M583.6M630.0M852.1M1.1B1.1B
Total Stockholder Equity(98.6M)145.9M131.5M110.9M(166.8M)(158.5M)
Net Debt368.1M590.0M586.7M599.1M(49.1M)(46.6M)
Retained Earnings(102.0M)(100.1M)(102.2M)(135.0M)(147.1M)(139.8M)
Accounts Payable21.8M5.2M6.5M11.0M14.6M14.6M
Cash9.2M20.3M18.5M39.6M58.6M61.5M
Non Current Assets Total281.9M748.8M720.9M734.0M721.8M450.7M
Non Currrent Assets Other2.0M9.3M8.4M17.4M27.6M29.0M
Cash And Short Term Investments9.2M20.3M18.5M39.6M58.6M61.5M
Liabilities And Stockholders Equity417.8M1.4B1.4B1.6B1.8B1.9B
Non Current Liabilities Total367.5M622.5M610.6M650.7M940.2M482.4M
Other Stockholder Equity3.4M35.7M(1.9M)(12.8M)(1.8B)(1.8B)
Total Liab516.4M1.2B1.2B1.5B2.0B2.1B
Total Current Assets135.9M603.1M652.5M881.3M1.1B1.2B
Short Term Debt4.0M19.4M6.2M6.7M9.5M6.9M
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 Debt357.9M604.1M598.9M632.0M920.9M532.5M
Net Receivables43.5M58.7M79.6M60.0M76.5M60.1M
Good Will106.8M365.7M369.3M376.1M376.1M246.4M
Common Stock Shares Outstanding67.3M71.9M78.2M78.3M78.0M61.9M
Long Term Debt Total402.1M485.6M357.9M604.1M694.7M729.5M
Capital Surpluse3.7M5.8M39.8M9.7M11.1M9.3M
Inventory82.4M44.7M10.6M11.9M13.7M13.0M
Other Current Assets83.1M524.1M554.4M781.7M970.0M1.0B
Property Plant And Equipment Gross22.9M25.2M93.1M101.1M122.7M128.9M
Short Long Term Debt4.0M19.4M6.2M6.7M9.5M6.8M
Non Current Liabilities Other9.7M18.3M11.6M18.8M19.3M16.9M
Intangible Assets98.1M340.2M288.8M273.4M240.9M200.5M

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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.
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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
(0.31)
Revenue Per Share
11.279
Quarterly Revenue Growth
0.139
Return On Assets
0.0495
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.