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Priorityome Fund, (Priorityome Fund,) Enterprise Value : $0.00 Mil (As of May. 05, 2024)


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What is Priorityome Fund, Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Priorityome Fund,'s Enterprise Value is $0.00 Mil. Priorityome Fund,'s EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $39.24 Mil. Therefore, Priorityome Fund,'s EV-to-EBIT ratio for today is 0.00.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Priorityome Fund,'s Enterprise Value is $0.00 Mil. Priorityome Fund,'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $39.24 Mil. Therefore, Priorityome Fund,'s EV-to-EBITDA ratio for today is 0.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Priorityome Fund,'s Enterprise Value is $0.00 Mil. Priorityome Fund,'s Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $61.24 Mil. Therefore, Priorityome Fund,'s EV-to-Revenue ratio for today is 0.00.


Priorityome Fund, Enterprise Value Historical Data

The historical data trend for Priorityome Fund,'s Enterprise Value 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, Enterprise Value Chart

Priorityome Fund, Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
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Priorityome Fund, Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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Competitive Comparison of Priorityome Fund,'s Enterprise Value

For the Asset Management subindustry, Priorityome Fund,'s Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Priorityome Fund,'s Enterprise Value distribution charts can be found below:

* The bar in red indicates where Priorityome Fund,'s Enterprise Value falls into.



Priorityome Fund, Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Priorityome Fund,'s Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Priorityome Fund,'s Enterprise Value for the quarter that ended in Jun. 2023 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:PRIFpC.PFD) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Priorityome Fund,'s EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.000/39.242
=0.00

Priorityome Fund,'s current Enterprise Value is $0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Priorityome Fund,'s EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $39.24 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Priorityome Fund,'s EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=0.000/39.242
=0.00

Priorityome Fund,'s current Enterprise Value is $0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Priorityome Fund,'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $39.24 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Priorityome Fund,'s EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=0.000/61.239
=0.00

Priorityome Fund,'s current Enterprise Value is $0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Priorityome Fund,'s Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $61.24 Mil.

* 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, Enterprise Value Related Terms

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Priorityome Fund, (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, nondiversified, 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 primarily to U.S. companies. Its goal is to increase income and portfolio diversification and reduce correlation to traditional fixed-income assets.

Priorityome Fund, (Priorityome Fund,) Headlines

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