Priority Accounts Payable vs Long Term Investments Analysis

PRTH Stock  USD 8.05  0.06  0.75%   
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 Long Term Investments 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 Long Term Investments

Accounts Payable vs Long Term Investments 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 Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Priority Technology's Accounts Payable and Long Term Investments is 0.19. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments 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 Long Term Investments 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 Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Priority Technology's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Long Term Investments

Long Term Investments is an item on the asset side of Priority Technology balance sheet that represents investments Priority Technology intends to hold for over a year. Priority Technology Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 Enterprise Value is decreasing as compared to previous years.
 2022 2023 2024 2025 (projected)
Gross Profit226.9M275.3M328.1M176.8M
Total Revenue663.6M755.6M879.7M557.7M

Priority Technology fundamental ratios Correlations

0.960.980.99-0.090.95-0.870.430.930.920.130.93-0.280.820.96-0.310.990.980.53-0.28-0.49-0.340.910.360.910.88
0.960.910.92-0.311.0-0.960.60.910.890.060.91-0.340.91.0-0.250.980.920.63-0.34-0.61-0.510.890.590.930.79
0.980.911.0-0.120.9-0.790.340.960.840.150.96-0.260.710.91-0.440.981.00.47-0.26-0.44-0.280.890.250.850.85
0.990.921.0-0.130.91-0.80.360.960.840.150.96-0.270.730.92-0.430.981.00.49-0.27-0.46-0.30.890.270.860.85
-0.09-0.31-0.12-0.13-0.30.33-0.47-0.340.090.15-0.340.25-0.15-0.30.37-0.21-0.14-0.290.250.460.58-0.14-0.57-0.170.15
0.951.00.90.91-0.3-0.960.60.90.90.050.9-0.340.91.0-0.240.970.910.63-0.34-0.61-0.520.890.610.940.79
-0.87-0.96-0.79-0.80.33-0.96-0.71-0.8-0.890.0-0.80.37-0.96-0.960.17-0.89-0.8-0.710.370.70.64-0.88-0.76-0.92-0.7
0.430.60.340.36-0.470.6-0.710.490.5-0.080.49-0.290.720.590.120.480.360.71-0.29-0.62-0.650.510.860.580.28
0.930.910.960.96-0.340.9-0.80.490.750.151.0-0.260.680.91-0.460.960.960.48-0.26-0.5-0.390.850.360.820.73
0.920.890.840.840.090.9-0.890.50.750.10.75-0.280.930.9-0.050.880.840.59-0.28-0.5-0.330.910.460.950.88
0.130.060.150.150.150.050.0-0.080.150.10.150.9-0.070.06-0.10.110.15-0.020.90.29-0.140.15-0.150.180.24
0.930.910.960.96-0.340.9-0.80.491.00.750.15-0.260.680.91-0.460.960.960.48-0.26-0.5-0.390.850.360.820.73
-0.28-0.34-0.26-0.270.25-0.340.37-0.29-0.26-0.280.9-0.26-0.41-0.340.1-0.31-0.27-0.291.00.530.04-0.28-0.31-0.23-0.13
0.820.90.710.73-0.150.9-0.960.720.680.93-0.070.68-0.410.89-0.020.820.720.75-0.41-0.68-0.550.860.740.910.73
0.961.00.910.92-0.31.0-0.960.590.910.90.060.91-0.340.89-0.250.980.920.62-0.34-0.6-0.510.890.590.930.79
-0.31-0.25-0.44-0.430.37-0.240.170.12-0.46-0.05-0.1-0.460.1-0.02-0.25-0.35-0.43-0.10.10.40.35-0.40.04-0.17-0.27
0.990.980.980.98-0.210.97-0.890.480.960.880.110.96-0.310.820.98-0.350.980.56-0.31-0.54-0.40.910.430.910.84
0.980.921.01.0-0.140.91-0.80.360.960.840.150.96-0.270.720.92-0.430.980.48-0.27-0.46-0.30.890.270.860.85
0.530.630.470.49-0.290.63-0.710.710.480.59-0.020.48-0.290.750.62-0.10.560.48-0.29-0.48-0.470.620.690.610.48
-0.28-0.34-0.26-0.270.25-0.340.37-0.29-0.26-0.280.9-0.261.0-0.41-0.340.1-0.31-0.27-0.290.530.04-0.28-0.31-0.23-0.13
-0.49-0.61-0.44-0.460.46-0.610.7-0.62-0.5-0.50.29-0.50.53-0.68-0.60.4-0.54-0.46-0.480.530.66-0.63-0.71-0.53-0.35
-0.34-0.51-0.28-0.30.58-0.520.64-0.65-0.39-0.33-0.14-0.390.04-0.55-0.510.35-0.4-0.3-0.470.040.66-0.49-0.82-0.5-0.29
0.910.890.890.89-0.140.89-0.880.510.850.910.150.85-0.280.860.89-0.40.910.890.62-0.28-0.63-0.490.450.950.86
0.360.590.250.27-0.570.61-0.760.860.360.46-0.150.36-0.310.740.590.040.430.270.69-0.31-0.71-0.820.450.540.2
0.910.930.850.86-0.170.94-0.920.580.820.950.180.82-0.230.910.93-0.170.910.860.61-0.23-0.53-0.50.950.540.86
0.880.790.850.850.150.79-0.70.280.730.880.240.73-0.130.730.79-0.270.840.850.48-0.13-0.35-0.290.860.20.86
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Priority Technology Account Relationship Matchups

Priority Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets417.8M1.4B1.4B1.6B1.8B1.9B
Short Long Term Debt Total377.3M610.3M605.1M638.7M930.4M976.9M
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 Debt368.1M590.0M586.7M599.1M871.8M915.4M
Retained Earnings(102.0M)(100.1M)(102.2M)(135.0M)(147.1M)(139.8M)
Accounts Payable21.8M5.2M6.5M11.0M14.6M10.4M
Cash9.2M20.3M18.5M39.6M58.6M61.5M
Non Current Assets Total281.9M748.8M720.9M734.0M721.8M439.1M
Non Currrent Assets Other7.5M9.4M11.6M17.4M27.6M15.2M
Cash And Short Term Investments9.2M20.3M18.5M39.6M58.6M61.5M
Common Stock Shares Outstanding67.3M71.9M78.2M78.3M78.0M56.4M
Liabilities And Stockholders Equity417.8M1.4B1.4B1.6B1.8B1.9B
Non Current Liabilities Total367.5M622.5M610.6M650.7M940.2M987.2M
Other Stockholder Equity3.4M35.7M(1.9M)(12.8M)(19.6M)(18.6M)
Total Liab516.4M1.2B1.2B1.5B2.0B2.1B
Total Current Assets135.9M603.1M652.5M881.3M1.1B1.2B
Short Term Debt4.0M19.4M6.2M6.7M9.5M6.1M
Other Liab6.6M9.7M18.3M7.5M6.8M9.9M
Net Tangible Assets(418.7M)(303.5M)145.9M(237.8M)(273.5M)(287.1M)
Property Plant And Equipment Net22.9M25.2M34.7M44.7M52.5M29.7M
Other Assets54.4M54.2M11.4M23.5M27.0M32.2M
Long Term Debt357.9M604.1M598.9M632.0M920.9M532.5M
Net Receivables43.5M58.7M79.6M60.0M71.6M57.8M
Good Will106.8M365.7M369.3M376.1M376.1M246.4M
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 Assets83.1M524.1M554.4M781.7M974.9M1.0B
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

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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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
(0.11)
Revenue Per Share
11.494
Quarterly Revenue Growth
0.092
Return On Assets
0.0508
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.