Priority Technology Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Priority Technology Holdings has a total shareholder equity of $-58.9M and total debt of $816.4M, which brings its debt-to-equity ratio to -1387.3%. Its total assets and total liabilities are $1.8B and $1.8B respectively. Priority Technology Holdings's EBIT is $125.9M making its interest coverage ratio 1.5. It has cash and short-term investments of $41.1M.
Key information
-1,387.3%
Debt to equity ratio
US$816.43m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$41.07m |
| Equity | -US$58.85m |
| Total liabilities | US$1.82b |
| Total assets | US$1.76b |
Recent financial health updates
No updates
Recent updates
Further Upside For Priority Technology Holdings, Inc. (NASDAQ:PRTH) Shares Could Introduce Price Risks After 27% Bounce
Nov 17
The Market Lifts Priority Technology Holdings, Inc. (NASDAQ:PRTH) Shares 31% But It Can Do More
Sep 12Analyst Estimates: Here's What Brokers Think Of Priority Technology Holdings, Inc. (NASDAQ:PRTH) After Its Second-Quarter Report
Aug 11Priority Technology Holdings, Inc.'s (NASDAQ:PRTH) Shares Leap 35% Yet They're Still Not Telling The Full Story
Jul 24Further Upside For Priority Technology Holdings, Inc. (NASDAQ:PRTH) Shares Could Introduce Price Risks After 32% Bounce
Jun 05Priority Technology appoints Tim O'Leary as CFO
Sep 07Priority Technology GAAP EPS of -$0.11 misses by $0.06, revenue of $166.4M beats by $5.02M
Aug 09Priority Technology promotes EVP to COO role
Jul 18Priority Technology Holdings (NASDAQ:PRTH) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 24Financial Position Analysis
Short Term Liabilities: PRTH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PRTH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRTH has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PRTH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRTH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRTH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 10:23 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Priority Technology Holdings, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| Harold Goetsch | B. Riley Securities, Inc. |
| Timothy Switzer | Keefe, Bruyette, & Woods |