Priority Technology Holdings (Priority Technology Holdings) Debt-to-Equity : 6.11 (As of Mar. 2024)

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What is Priority Technology Holdings Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Mar. 2024 was $104.37 Mil. Priority Technology Holdings's debt to equity for the quarter that ended in Mar. 2024 was 6.11.

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 Priority Technology Holdings's Debt-to-Equity or its related term are showing as below:

PRTHU' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.35 Med: 0 Max: 23.38
Current: 6.11

During the past 9 years, the highest Debt-to-Equity Ratio of Priority Technology Holdings was 23.38. The lowest was -5.35. And the median was 0.00.

PRTHU's Debt-to-Equity is ranked worse than
97.84% of 2223 companies
in the Software industry
Industry Median: 0.21 vs PRTHU: 6.11

Priority Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Priority Technology Holdings'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.

Priority Technology Holdings Debt-to-Equity Chart

Priority Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-3.88

-3.83

4.18

4.60

5.76

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-Equity	Get a 7-Day Free Trial															4.95	5.17	5.34	5.76	6.11

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

For the Software - Infrastructure subindustry, Priority Technology Holdings'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.

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

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

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

Priority Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.712	+	631.965)	/	110.887
	=	5.76

Priority Technology Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.712	+	631.352)	/	104.371
	=	6.11

Priority Technology Holdings (OTCPK:PRTHU) 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.

Priority Technology Holdings Debt-to-Equity Related Terms

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Priority Technology Holdings (Priority Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Priority Technology Holdings Inc (OTCPK:PRTHU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PRTH:USA 60W:Germany

Address

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

Website

http://www.prth.com

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.