Priority Total Assets vs Common Stock Shares Outstanding Analysis

PRTH Stock  USD 5.32  0.13  2.39%   
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 Total Assets and its Common Stock Shares Outstanding 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 persons.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Priority Technology Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Priority Technology's Total Assets and Common Stock Shares Outstanding is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Priority Technology Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Priority Technology's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its 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 persons.
As of now, Priority Technology's Enterprise Value is decreasing as compared to previous years.
 2023 2024 2025 2026 (projected)
Gross Profit275.3M328.1M377.3M396.2M
Total Revenue755.6M879.7M1.0B557.7M

Priority Technology fundamental ratios Correlations

0.970.990.99-0.30.97-0.850.490.950.910.180.95-0.290.820.97-0.410.990.990.58-0.29-0.53-0.370.970.350.90.88
0.970.940.94-0.471.0-0.920.620.940.890.120.94-0.340.881.0-0.370.980.940.65-0.34-0.63-0.520.970.550.920.82
0.990.941.0-0.340.93-0.780.410.970.840.210.97-0.270.740.94-0.520.981.00.53-0.27-0.49-0.320.980.250.860.87
0.990.941.0-0.350.94-0.790.430.970.850.20.97-0.270.750.95-0.510.991.00.54-0.27-0.5-0.340.980.270.870.87
-0.3-0.47-0.34-0.35-0.470.4-0.52-0.51-0.110.07-0.510.27-0.28-0.470.46-0.41-0.35-0.380.270.510.58-0.47-0.53-0.36-0.11
0.971.00.930.94-0.47-0.930.630.930.890.120.93-0.340.891.0-0.360.980.940.66-0.34-0.63-0.520.960.560.920.82
-0.85-0.92-0.78-0.790.4-0.93-0.74-0.77-0.9-0.05-0.770.38-0.97-0.920.23-0.86-0.79-0.740.380.720.64-0.85-0.74-0.9-0.72
0.490.620.410.43-0.520.63-0.740.530.55-0.030.53-0.30.750.620.020.530.430.74-0.3-0.65-0.660.530.840.620.38
0.950.940.970.97-0.510.93-0.770.530.770.21.0-0.260.710.94-0.530.970.970.54-0.26-0.53-0.410.980.330.850.78
0.910.890.840.85-0.110.89-0.90.550.770.150.77-0.290.940.89-0.170.880.840.64-0.29-0.55-0.360.830.440.950.9
0.180.120.210.20.070.12-0.05-0.030.20.150.20.87-0.010.12-0.150.170.20.030.870.24-0.160.2-0.140.230.29
0.950.940.970.97-0.510.93-0.770.531.00.770.2-0.260.710.94-0.530.970.970.54-0.26-0.53-0.410.980.330.850.78
-0.29-0.34-0.27-0.270.27-0.340.38-0.3-0.26-0.290.87-0.26-0.41-0.340.12-0.31-0.27-0.31.00.530.05-0.28-0.31-0.24-0.16
0.820.880.740.75-0.280.89-0.970.750.710.94-0.010.71-0.410.88-0.130.820.740.77-0.41-0.71-0.560.790.710.910.77
0.971.00.940.95-0.471.0-0.920.620.940.890.120.94-0.340.88-0.370.980.950.65-0.34-0.62-0.510.970.540.920.82
-0.41-0.37-0.52-0.510.46-0.360.230.02-0.53-0.17-0.15-0.530.12-0.13-0.37-0.45-0.51-0.20.120.450.37-0.560.03-0.31-0.39
0.990.980.980.99-0.410.98-0.860.530.970.880.170.97-0.310.820.98-0.450.990.6-0.31-0.57-0.420.990.40.910.86
0.990.941.01.0-0.350.94-0.790.430.970.840.20.97-0.270.740.95-0.510.990.54-0.27-0.5-0.340.980.270.870.87
0.580.650.530.54-0.380.66-0.740.740.540.640.030.54-0.30.770.65-0.20.60.54-0.3-0.53-0.490.610.670.660.56
-0.29-0.34-0.27-0.270.27-0.340.38-0.3-0.26-0.290.87-0.261.0-0.41-0.340.12-0.31-0.27-0.30.530.05-0.28-0.31-0.24-0.16
-0.53-0.63-0.49-0.50.51-0.630.72-0.65-0.53-0.550.24-0.530.53-0.71-0.620.45-0.57-0.5-0.530.530.67-0.6-0.7-0.57-0.43
-0.37-0.52-0.32-0.340.58-0.520.64-0.66-0.41-0.36-0.16-0.410.05-0.56-0.510.37-0.42-0.34-0.490.050.67-0.5-0.82-0.5-0.32
0.970.970.980.98-0.470.96-0.850.530.980.830.20.98-0.280.790.97-0.560.990.980.61-0.28-0.6-0.50.420.880.84
0.350.550.250.27-0.530.56-0.740.840.330.44-0.140.33-0.310.710.540.030.40.270.67-0.31-0.7-0.820.420.480.21
0.90.920.860.87-0.360.92-0.90.620.850.950.230.85-0.240.910.92-0.310.910.870.66-0.24-0.57-0.50.880.480.9
0.880.820.870.87-0.110.82-0.720.380.780.90.290.78-0.160.770.82-0.390.860.870.56-0.16-0.43-0.320.840.210.9
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Priority Technology Account Relationship Matchups

Priority Technology fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets1.4B1.4B1.6B1.8B2.1B2.2B
Short Long Term Debt Total610.3M605.1M638.7M930.4M1.1B1.1B
Other Current Liab567.1M614.7M830.4M1.0B1.2B1.2B
Total Current Liabilities583.6M630.0M852.1M1.1B1.2B1.3B
Total Stockholder Equity145.9M131.5M110.9M(166.8M)(191.9M)(182.3M)
Net Debt590.0M586.7M599.1M871.8M1.0B1.1B
Retained Earnings(100.1M)(102.2M)(135.0M)(147.1M)(132.4M)(125.8M)
Accounts Payable5.2M6.5M11.0M14.6M16.8M10.4M
Cash20.3M18.5M39.6M58.6M67.4M70.8M
Non Current Assets Total748.8M720.9M734.0M721.8M830.0M439.1M
Non Currrent Assets Other9.4M11.6M17.4M27.6M24.9M15.2M
Cash And Short Term Investments20.3M18.5M39.6M58.6M67.4M70.8M
Common Stock Shares Outstanding71.9M78.2M78.3M78.0M89.7M56.4M
Liabilities And Stockholders Equity1.4B1.4B1.6B1.8B2.1B2.2B
Non Current Liabilities Total622.5M610.6M650.7M940.2M1.1B1.1B
Other Stockholder Equity35.7M(1.9M)(12.8M)(19.6M)(17.6M)(16.8M)
Total Liab1.2B1.2B1.5B2.0B2.3B2.4B
Total Current Assets603.1M652.5M881.3M1.1B1.3B1.3B
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 Net25.2M34.7M44.7M52.5M60.3M63.4M
Other Assets54.4M54.2M11.4M23.5M27.0M32.2M
Long Term Debt604.1M598.9M632.0M920.9M1.1B532.5M
Net Receivables58.7M79.6M60.0M71.6M82.3M57.8M
Good Will365.7M369.3M376.1M376.1M432.5M246.4M
Capital Surpluse3.7M5.8M39.8M9.7M11.1M9.3M
Inventory82.4M44.7M10.6M11.9M13.7M13.0M
Other Current Assets524.1M554.4M781.7M974.9M1.1B1.2B
Property Plant And Equipment Gross25.2M93.1M101.1M122.7M141.1M148.2M
Non Current Liabilities Other18.3M11.6M18.8M19.3M17.4M16.9M

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 persons.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
Quarterly Earnings Growth
3.857
Earnings Share
0.53
Revenue Per Share
11.797
Quarterly Revenue Growth
0.063
Return On Assets
0.0463
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.