GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (GREY:PRIF) » Definitions » Liabilities-to-Assets

Priorityome Fund, (Priorityome Fund,) Liabilities-to-Assets : 0.35 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Priorityome Fund, Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Priorityome Fund,'s Total Liabilities for the quarter that ended in Jun. 2023 was $325.53 Mil. Priorityome Fund,'s Total Assets for the quarter that ended in Jun. 2023 was $934.92 Mil. Therefore, Priorityome Fund,'s Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.35.


Priorityome Fund, Liabilities-to-Assets Historical Data

The historical data trend for Priorityome Fund,'s Liabilities-to-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, Liabilities-to-Assets Chart

Priorityome Fund, Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.37 0.37 0.38 0.35

Priorityome Fund, Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.28 0.37 0.37 0.38 0.35

Competitive Comparison of Priorityome Fund,'s Liabilities-to-Assets

For the Asset Management subindustry, Priorityome Fund,'s Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-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.


Priorityome Fund,'s Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Priorityome Fund,'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Priorityome Fund,'s Liabilities-to-Assets falls into.



Priorityome Fund, Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Priorityome Fund,'s Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=325.533/934.921
=0.35

Priorityome Fund,'s Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=325.533/934.921
=0.35

* 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.


Priorityome Fund,  (GREY:PRIF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Priorityome Fund, Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Priorityome Fund,'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Priorityome Fund, (Priorityome Fund,) Business Description

Traded in Other Exchanges
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Priority Income Fund, Inc. is an externally managed, nondiversified, 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 primarily to U.S. companies. Its goal is to increase income and portfolio diversification and reduce correlation to traditional fixed-income assets.

Priorityome Fund, (Priorityome Fund,) Headlines

No Headlines