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PRIFPG.PFD (Priorityome Fund,) Debt-to-Equity : 0.11 (As of Dec. 2024)


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What is Priorityome Fund, Debt-to-Equity?

Priorityome Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Priorityome Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $67.18 Mil. Priorityome Fund,'s Total Stockholders Equity for the quarter that ended in Dec. 2024 was $591.44 Mil. Priorityome Fund,'s debt to equity for the quarter that ended in Dec. 2024 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Priorityome Fund,'s Debt-to-Equity or its related term are showing as below:

PRIFpG.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.11
Current: 0.11

During the past 8 years, the highest Debt-to-Equity Ratio of Priorityome Fund, was 0.11. The lowest was 0.01. And the median was 0.07.

PRIFpG.PFD's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs PRIFpG.PFD: 0.11

Priorityome Fund, Debt-to-Equity Historical Data

The historical data trend for Priorityome Fund,'s Debt-to-Equity 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.

Priorityome Fund, Debt-to-Equity Chart

Priorityome Fund, Annual Data
Trend Jun13 Jun14 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial 0.04 0.07 0.10 0.06 0.07

Priorityome Fund, Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Dec15 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity 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 0.07 0.06 0.08 0.07 0.11

Competitive Comparison of Priorityome Fund,'s Debt-to-Equity

For the Asset Management subindustry, Priorityome Fund,'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Priorityome Fund,'s Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Priorityome Fund,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Priorityome Fund,'s Debt-to-Equity falls into.


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Priorityome Fund, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Priorityome Fund,'s Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Priorityome Fund,'s Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Priorityome Fund,  (NYSE:PRIFpG.PFD) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Priorityome Fund, Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Priorityome Fund,'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Priorityome Fund, Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Priority Income Fund, Inc. is an externally managed, diversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made to companies whose debt is rated below investment grade or, in limited circumstances, unrated with an emphasis on current income. It invests in both the primary and secondary markets.
Executives
Van Dask Kristin Lea officer: CFO, TREAS., SEC. AND CCO 10 EAST 40TH ST, NEW YORK NY 10016
Brian H Oswald officer: CFO, CCO, Treasurer, Secretary
Frank V Saracino officer: CFO, CCO,Treasurer & Secretary 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Eugene S Stark director GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
M Grier Eliasek director, officer: President and CEO C/O PROSPECT ENERGY CORPORATION, 10 E. 40TH STREET, 40TH FLOOR, NEW YORK NY 10016
John F Barry other: (1) C/O PROSPECT ENERGY CORPORATION, 10 EAST 40TH STREET, 42TH FLOOR, NEW YORK NY 10016
William Gremp director 10 E. 40TH ST, 44TH FLOOR, NEW YORK NY 10016
Andrew C. Cooper director 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016
Michael D Cohen officer: Executive Vice President 15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75201
Robert S Aisner director 125 S WACKER DR 3100, CHICAGO IL 60606
Priority Senior Secured Income Management, Llc 10 percent owner 10 EAST 40TH STREET, 44TH FLOOR, NEW YORK NY 10016

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