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Priority Technology Holdings (Priority Technology Holdings) Debt-to-EBITDA : 3.82 (As of Mar. 2024)


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What is Priority Technology Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Priority Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.71 Mil. Priority Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $631.35 Mil. Priority Technology Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $167.23 Mil. Priority Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.82.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

PRTHU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.16   Med: 4.48   Max: 13.81
Current: 3.98

During the past 9 years, the highest Debt-to-EBITDA Ratio of Priority Technology Holdings was 13.81. The lowest was -0.16. And the median was 4.48.

PRTHU's Debt-to-EBITDA is ranked worse than
79.68% of 1609 companies
in the Software industry
Industry Median: 1.06 vs PRTHU: 3.98

Priority Technology Holdings Debt-to-EBITDA Historical Data

The historical data trend for Priority Technology Holdings's Debt-to-EBITDA 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.

* Premium members only.

Priority Technology Holdings Debt-to-EBITDA Chart

Priority Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 10.42 2.25 7.41 4.75 4.21

Priority Technology Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.39 3.98 3.90 3.88 3.82

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

For the Software - Infrastructure subindustry, Priority Technology Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Software Industry

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

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



Priority Technology Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Priority Technology Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.712 + 631.965) / 151.655
=4.21

Priority Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.712 + 631.352) / 167.232
=3.82

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Priority Technology Holdings  (OTCPK:PRTHU) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Priority Technology Holdings Debt-to-EBITDA Related Terms

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


Priority Technology Holdings (Priority Technology Holdings) Business Description

Traded in Other Exchanges
Address
2001 Westside Parkway, Suite 155, Alpharetta, GA, USA, 30004
Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses 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 majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO: B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.

Priority Technology Holdings (Priority Technology Holdings) Headlines

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