Priority Net Interest Income vs Income Before Tax Analysis

PRTH Stock  USD 9.30  0.76  7.55%   
Priority Technology financial indicator trend analysis is much more than just breaking down Priority Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Priority Technology is a good investment. Please check the relationship between Priority Technology Net Interest Income and its Income Before Tax accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Priority Technology Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Priority Technology's Net Interest Income and Income Before Tax is -0.04. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Priority Technology Holdings, assuming nothing else is changed. The correlation between historical values of Priority Technology's Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Priority Technology Holdings are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., Priority Technology's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Priority Technology income statement and is an important metric when analyzing Priority Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Priority Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Priority Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of now, Priority Technology's Tax Provision is increasing as compared to previous years. The Priority Technology's current Enterprise Value Over EBITDA is estimated to increase to 6.15, while Selling General Administrative is projected to decrease to under 71.2 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses481.8M607.5M674.1M405.4M
Gross Profit155.0M226.9M275.3M156.3M

Priority Technology fundamental ratios Correlations

0.860.980.990.650.86-0.840.290.860.920.230.86-0.220.860.070.990.990.42-0.22-0.38-0.310.370.90.860.890.82
0.860.750.770.281.0-0.920.630.740.960.040.74-0.181.00.040.90.780.59-0.18-0.44-0.520.641.00.830.780.95
0.980.751.00.750.74-0.740.130.850.840.260.85-0.230.750.070.961.00.33-0.23-0.35-0.220.230.80.810.890.71
0.990.771.00.720.77-0.770.180.860.850.250.86-0.230.770.060.971.00.36-0.23-0.36-0.250.270.820.820.880.73
0.650.280.750.720.27-0.22-0.50.420.510.450.42-0.130.280.270.570.71-0.15-0.13-0.030.41-0.340.350.570.780.25
0.861.00.740.770.27-0.930.630.720.960.040.72-0.191.00.060.890.770.59-0.19-0.45-0.520.651.00.820.770.96
-0.84-0.92-0.74-0.77-0.22-0.93-0.65-0.66-0.86-0.08-0.660.36-0.91-0.24-0.88-0.76-0.590.360.670.62-0.79-0.93-0.66-0.65-0.97
0.290.630.130.18-0.50.63-0.650.430.39-0.160.430.020.62-0.190.390.190.610.02-0.4-0.850.880.570.270.00.63
0.860.740.850.860.420.72-0.660.430.720.171.00.070.74-0.330.880.870.450.07-0.15-0.430.30.750.750.660.61
0.920.960.840.850.510.96-0.860.390.720.150.72-0.20.960.140.920.850.48-0.2-0.39-0.320.460.970.880.910.91
0.230.040.260.250.450.04-0.08-0.160.170.150.170.560.040.110.180.25-0.080.56-0.070.08-0.090.070.110.20.05
0.860.740.850.860.420.72-0.660.431.00.720.170.070.74-0.330.880.870.450.07-0.15-0.430.30.750.750.660.61
-0.22-0.18-0.23-0.23-0.13-0.190.360.020.07-0.20.560.07-0.17-0.63-0.22-0.21-0.011.00.520.03-0.31-0.21-0.07-0.23-0.36
0.861.00.750.770.281.0-0.910.620.740.960.040.74-0.170.030.90.780.58-0.17-0.42-0.520.631.00.830.780.95
0.070.040.070.060.270.06-0.24-0.19-0.330.140.11-0.33-0.630.030.040.04-0.17-0.63-0.490.250.230.08-0.10.170.28
0.990.90.960.970.570.89-0.880.390.880.920.180.88-0.220.90.040.970.48-0.21-0.41-0.40.450.930.860.860.86
0.990.781.01.00.710.77-0.760.190.870.850.250.87-0.210.780.040.970.36-0.21-0.34-0.260.260.820.830.880.73
0.420.590.330.36-0.150.59-0.590.610.450.48-0.080.45-0.010.58-0.170.480.36-0.01-0.18-0.490.620.540.430.250.62
-0.22-0.18-0.23-0.23-0.13-0.190.360.020.07-0.20.560.071.0-0.17-0.63-0.21-0.21-0.010.520.03-0.31-0.21-0.07-0.23-0.36
-0.38-0.44-0.35-0.36-0.03-0.450.67-0.4-0.15-0.39-0.07-0.150.52-0.42-0.49-0.41-0.34-0.180.520.65-0.73-0.46-0.26-0.25-0.63
-0.31-0.52-0.22-0.250.41-0.520.62-0.85-0.43-0.320.08-0.430.03-0.520.25-0.4-0.26-0.490.030.65-0.82-0.49-0.3-0.01-0.55
0.370.640.230.27-0.340.65-0.790.880.30.46-0.090.3-0.310.630.230.450.260.62-0.31-0.73-0.820.610.270.110.77
0.91.00.80.820.351.0-0.930.570.750.970.070.75-0.211.00.080.930.820.54-0.21-0.46-0.490.610.840.810.95
0.860.830.810.820.570.82-0.660.270.750.880.110.75-0.070.83-0.10.860.830.43-0.07-0.26-0.30.270.840.870.73
0.890.780.890.880.780.77-0.650.00.660.910.20.66-0.230.780.170.860.880.25-0.23-0.25-0.010.110.810.870.71
0.820.950.710.730.250.96-0.970.630.610.910.050.61-0.360.950.280.860.730.62-0.36-0.63-0.550.770.950.730.71
Click cells to compare fundamentals

Priority Technology Account Relationship Matchups

Priority Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets464.5M417.8M1.4B1.4B1.6B1.7B
Short Long Term Debt Total489.6M377.3M610.3M605.1M638.7M415.8M
Other Current Liab57.1M104.7M567.1M614.7M830.4M871.9M
Total Current Liabilities93.0M148.8M583.6M630.0M852.1M894.7M
Total Stockholder Equity(126.3M)(98.6M)145.9M131.5M110.9M116.4M
Net Debt486.4M368.1M590.0M586.7M599.1M399.3M
Retained Earnings(127.7M)(102.0M)(100.1M)(102.2M)(135.0M)(128.2M)
Accounts Payable27.0M21.8M5.2M6.5M11.0M14.4M
Cash3.2M9.2M20.3M18.5M39.6M41.6M
Non Current Assets Total370.3M281.9M748.8M720.9M734.0M412.5M
Non Currrent Assets Other380K2.0M9.3M8.4M17.4M18.2M
Cash And Short Term Investments3.2M9.2M20.3M18.5M39.6M41.6M
Liabilities And Stockholders Equity464.5M417.8M1.4B1.4B1.6B1.7B
Non Current Liabilities Total492.2M367.5M622.5M610.6M650.7M421.1M
Other Stockholder Equity1.3M3.4M35.7M(1.9M)(12.8M)(13.5M)
Total Liab585.2M516.4M1.2B1.2B1.5B1.6B
Total Current Assets94.2M135.9M603.1M652.5M881.3M925.4M
Short Term Debt3.3M4.0M19.4M6.2M5.6M6.4M
Common Stock48.8M67K68K77K76K73.2K
Other Liab6.6M9.7M18.3M7.5M6.8M9.9M
Net Tangible Assets(418.7M)(303.5M)145.9M(237.8M)(273.5M)(287.1M)
Other Assets54.4M54.2M11.4M23.5M27.0M32.2M
Long Term Debt485.6M357.9M604.1M598.9M632.0M472.4M
Net Receivables39.3M43.5M58.7M79.6M60.0M57.0M
Common Stock Shares Outstanding67.1M67.3M71.9M78.2M78.3M58.9M
Long Term Debt Total402.1M485.6M357.9M604.1M694.7M729.5M
Capital Surpluse3.7M5.8M39.8M9.7M11.1M9.3M
Inventory51.1M82.4M44.7M10.6M11.9M11.3M
Other Current Assets533K83.1M524.1M554.4M781.7M820.8M
Property Plant And Equipment Gross23.5M22.9M25.2M93.1M101.1M106.2M
Short Long Term Debt3.3M4.0M19.4M6.2M6.7M6.3M
Non Current Liabilities Other6.6M9.7M18.3M11.6M18.8M17.1M
Intangible Assets182.8M98.1M340.2M288.8M273.4M192.5M

Currently Active Assets on Macroaxis

When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Priority Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Transaction & Payment Processing Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Priority Technology. If investors know Priority will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
10.913
Quarterly Revenue Growth
0.201
Return On Assets
0.0474
Return On Equity
0.5639
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.