PRTH (Priority Technology Holdings) Cash-to-Debt : 0.06 (As of Dec. 2024)

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What is Priority Technology Holdings Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Priority Technology Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Priority Technology Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Priority Technology Holdings's Cash-to-Debt or its related term are showing as below:

PRTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 12.96
Current: 0.06

During the past 10 years, Priority Technology Holdings's highest Cash to Debt Ratio was 12.96. The lowest was 0.01. And the median was 0.04.

PRTH's Cash-to-Debt is ranked worse than
95.01% of 2785 companies
in the Software industry
Industry Median: 2.57 vs PRTH: 0.06

Priority Technology Holdings Cash-to-Debt Historical Data

The historical data trend for Priority Technology Holdings's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Priority Technology Holdings Cash-to-Debt Chart

Priority Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.02

0.03

0.06

Priority Technology Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.05	0.04	0.05	0.06

Competitive Comparison of Priority Technology Holdings's Cash-to-Debt

For the Software - Infrastructure subindustry, Priority Technology Holdings's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Priority Technology Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Priority Technology Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Priority Technology Holdings's Cash-to-Debt falls into.

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Priority Technology Holdings Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Priority Technology Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	58.6	/	(9.503	+	920.888)
	=	0.06

Priority Technology Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	58.6	/	(9.503	+	920.888)
	=	0.06

Priority Technology Holdings (NAS:PRTH) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Priority Technology Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Priority Technology Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Priority Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Priority Technology Holdings Inc (NAS:PRTH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

60W:Germany

Address

2001 Westside Parkway, Suite 155, Alpharetta, GA, USA, 30004

Website

https://www.prth.com

Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium business enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments, and Enterprise Payments. SMB Payments segment which generates the majority of revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging Priority's proprietary software platform, distributed through ISO; the B2B Payments segment provides AP automation solutions to corporations, software partners, & industry FIs: and Enterprise Payments segment provides embedded payment & treasury solutions to enterprise customers to modernize legacy platforms & accelerate software partners' strategies to monetize payments.

Executives

Ranjana Ram	officer: Head of M&A Strategic Initiati	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, ALPHARETTA GA 30004
John Vito Priore	director, 10 percent owner, officer: President and CEO	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Thomas Charles Priore	director, 10 percent owner, officer: President, CEO and Chairman	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Sean Kiewiet	officer: Chief Technology Officer	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Rajiv Kumar	officer: Chief Accounting Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Tim O'leary	officer: Chief Financial Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Stephen W Hipp	director	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marc A Crisafulli	director	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
David Faupel	officer: Chief Marketing Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Anthony Martin Bonventre	officer: EVP Operations	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marietta Davis	director	C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Michael Passilla	director	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Pamela A Tefft	officer: Corporate Controller and Chief	11720 AMBER PARK DRIVE, SUITE 600, ALPHARETTA GA 30004
Bradley J Miller	officer: General Counsel and CRO	C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Priority Incentive Equity Holdings, Llc	director, 10 percent owner, officer: President, CEO and Chairman	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004