Priority Technology Holdings Inc (PRTH) — Tangible Net Worth Ratio
Priority Technology Holdings Inc (PRTH) has a Tangible Net Worth Ratio of -133.7% as of March 2024. This metric is calculated by deducting intangible assets ($261.66 Million) from net assets ($111.95 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore PRTH shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Priority Technology Holdings Inc Tangible Net Worth Ratio (2015–2023)
This chart shows how Priority Technology Holdings Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2015 to 2023. As of March 2024, the ratio stands at -133.7%, reflecting net assets of $111.95 Million with intangible assets of $261.66 Million USD. Check PRTH strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Priority Technology Holdings Inc (2015–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Priority Technology Holdings Inc from 2015 to 2023, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Priority Technology Holdings Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -142.9% | $112.54 Million | $273.35 Million | $1.62 Billion | ▼ -25.4 pp |
| 2022 | -117.5% | $132.79 Million | $288.79 Million | $1.37 Billion | ▲ +15.7 pp |
| 2021 | -133.1% | $145.92 Million | $340.21 Million | $1.35 Billion | ▼ -155.0 pp |
| 2017 | 21.8% | $53.81 Million | $42.06 Million | $55.26 Million | ▲ +14.6 pp |
| 2016 | 7.2% | $53.94 Million | $50.04 Million | $55.15 Million | ▼ -92.8 pp |
| 2015 | 100.0% | $14.77K | $0.00 | $183.96K | — |