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Priority Technology Holdings (Priority Technology Holdings) Scaled Net Operating Assets : 0.44 (As of Mar. 2024)


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What is Priority Technology Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Priority Technology Holdings's operating assets for the quarter that ended in Mar. 2024 was $1,575.7 Mil. Priority Technology Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $859.9 Mil. Priority Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,615.3 Mil. Therefore, Priority Technology Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.44.


Priority Technology Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Priority Technology Holdings's Scaled Net Operating 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.

Priority Technology Holdings Scaled Net Operating Assets Chart

Priority Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.96 0.58 1.76 0.53 0.52

Priority Technology Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating 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 Premium Member Only Premium Member Only 0.51 0.48 0.47 0.46 0.44

Competitive Comparison of Priority Technology Holdings's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, Priority Technology Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Priority Technology Holdings's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Priority Technology Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Priority Technology Holdings's Scaled Net Operating Assets falls into.



Priority Technology Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Priority Technology Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1575.733-864.119)/1373.363
=0.52

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1615.337 - 39.604
=1575.733

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1502.796 - 631.965 - 6.712
=864.119

Priority Technology Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1575.667-859.938)/1615.337
=0.44

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1609.957 - 34.29
=1575.667

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1498.002 - 631.352 - 6.712
=859.938

* 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 Technology Holdings Scaled Net Operating Assets Related Terms

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Priority Technology Holdings (Priority Technology Holdings) Business Description

Traded in Other Exchanges
Address
2001 Westside Parkway, Suite 155, Alpharetta, GA, USA, 30004
Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments and Enterprise Payments. SMB Payments segment which generates majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO: B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
Executives
Sean Kiewiet officer: Chief Technology Officer 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Stephen W Hipp director C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Thomas Charles Priore director, 10 percent owner, officer: President, CEO and Chairman 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marc A Crisafulli director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Tim O'leary officer: Chief Financial Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Rajiv Kumar officer: Chief Accounting Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
David Faupel officer: Chief Marketing Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Ranjana Ram officer: Head of M&A Strategic Initiati C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, ALPHARETTA GA 30004
Anthony Martin Bonventre officer: EVP Operations C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marietta Davis director C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Michael Passilla director 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Pamela A Tefft officer: Corporate Controller and Chief 11720 AMBER PARK DRIVE, SUITE 600, ALPHARETTA GA 30004
Bradley J Miller officer: General Counsel and CRO C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Priority Incentive Equity Holdings, Llc director, 10 percent owner, officer: President, CEO and Chairman 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Priore 2019 Grat Thomas 10 percent owner 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004