PJET (Priority Aviation) Total Equity: $-2.35 Mil (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Priority Aviation Total Equity?

Priority Aviation PJET -99.00% Total Equity is $-2.35 Mil as of Dec. 2022.

Priority Aviation's total equity for the quarter that ended in Dec. 2022 was $-2.35 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Priority Aviation Total Equity Historical Data

* Premium members only.

The historical data trend for Priority Aviation's Total 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.

Priority Aviation Total Equity Chart

Priority Aviation Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.57 -0.93 -1.30 -1.81 -2.35

Priority Aviation Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total 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 Premium Member Only Premium Member Only -1.81 -2.03 -2.17 -2.26 -2.35

Priority Aviation Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Priority Aviation's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=0.326244-2.674203
=-2.35

Priority Aviation's Total Equity for the quarter that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=0.326244-2.674203
=-2.35

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-2.35 Mil mean?
Priority Aviation (PJET) has a Total Equity of $-2.35 Mil as of Dec. 2022. The total amount of equity as record on a company's balance sheet. View historical data for Priority Aviation and its competitors.
Is Priority Aviation's Total Equity too high?
Priority Aviation's current Total Equity is $-2.35 Mil.
How does Priority Aviation's Total Equity compare to PHIIQ and SKAS?
Priority Aviation's Total Equity of $-2.35 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for a Drug Manufacturers company?
A good Total Equity depends on the Drug Manufacturers industry context. However, Total Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Priority Aviation and its competitors. Priority Aviation's current Total Equity is $-2.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Priority Aviation stock overvalued right now?
Priority Aviation (PJET) has a current Total Equity of $-2.35 Mil. The current Total Equity is $-2.35 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Priority Aviation (PJET), the current Total Equity is $-2.35 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Priority Aviation Business Description

Address 14333 Preston Road, Suite 904, Dallas, TX, USA, 75254
Priority Aviation Inc is working to develop the business model acquired from THC - designer bong waters. The Company is also marketing the waters to a variety of wholesale and retail outlets.