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Priorityome Fund, (Priorityome Fund,) Net Cash per Share : $-5.58 (As of Jun. 2023)


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What is Priorityome Fund, Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Priorityome Fund,'s Net Cash per Share for the quarter that ended in Jun. 2023 was $-5.58.

The historical rank and industry rank for Priorityome Fund,'s Net Cash per Share or its related term are showing as below:

PRIF's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Priorityome Fund, Net Cash per Share Historical Data

The historical data trend for Priorityome Fund,'s Net Cash per Share 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, Net Cash per Share Chart

Priorityome Fund, Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.08 -5.79 -7.34 -7.95 -5.58

Priorityome Fund, Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.08 -5.79 -7.34 -7.95 -5.58

Competitive Comparison of Priorityome Fund,'s Net Cash per Share

For the Asset Management subindustry, Priorityome Fund,'s Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Asset Management Industry

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

* The bar in red indicates where Priorityome Fund,'s Price-to-Net-Cash falls into.



Priorityome Fund, Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Priorityome Fund,'s Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.997+0-325.533-0)/53.8878
=-5.58

Priorityome Fund,'s Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.997+0-325.533-0)/53.8878
=-5.58

* 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,  (GREY:PRIF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Priorityome Fund, Net Cash per Share 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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