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PRIFPC.PFD (Priorityome Fund,) Total Current Assets : $26.60 Mil (As of Dec. 2024)


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What is Priorityome Fund, Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Priorityome Fund,'s total current assets for the quarter that ended in Dec. 2024 was $26.60 Mil.

Priorityome Fund, Total Current Assets Historical Data

The historical data trend for Priorityome Fund,'s Total Current Assets 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, Total Current Assets Chart

Priorityome Fund, Annual Data
Trend Jun13 Jun14 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Current Assets
Get a 7-Day Free Trial 15.99 8.21 10.86 33.71 25.43

Priorityome Fund, Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Dec15 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Assets 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 22.99 33.71 26.88 25.43 26.60

Priorityome Fund, Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Priorityome Fund,'s Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=18.008+7.423+0+0
=25.43

Priorityome Fund,'s Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=20.077+6.52+0+0
=26.60

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Priorityome Fund,  (NYSE:PRIFpC.PFD) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Priorityome Fund,'s Liquidation Value for the quarter that ended in Dec. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=20.077-324.279+0.75 * 0+0.5 * 0
=-304.20

* 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, Total Current Assets Related Terms

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Priorityome Fund, Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (NYSE:PRIFpC.PFD) » Definitions » Total Current Assets
Comparable Companies
NMCO PEO LDP MUJ IFN NKX GCMG EIM EMD CION BLK KKR BX APO TSX:BN OSTO:INVE A AMP LSE:III XSWX:PGHN ARES
Traded in Other Exchanges
PRIFpG.PFD:USA PRIFpF.PFD:USA PRIFpD.PFD:USA
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Website
https://www.priorityincomefund.com
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.

Priorityome Fund, Headlines

From GuruFocus

Karpus Management, Inc. Acquires 250,062 Shares in Priority Income Fund, Inc.

By GuruFocus News • 02-15-2025