PennantPark Short Term Investments vs Long Term Debt Analysis
PFLT Stock | USD 11.35 0.05 0.44% |
PennantPark Floating financial indicator trend analysis is much more than just breaking down PennantPark Floating Rate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennantPark Floating Rate is a good investment. Please check the relationship between PennantPark Floating Short Term Investments and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Short Term Investments vs Long Term Debt
Short Term Investments vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennantPark Floating Rate Short Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between PennantPark Floating's Short Term Investments and Long Term Debt is -0.47. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of PennantPark Floating Rate, assuming nothing else is changed. The correlation between historical values of PennantPark Floating's Short Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of PennantPark Floating Rate are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Investments i.e., PennantPark Floating's Short Term Investments and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of PennantPark Floating balance sheet. It contains any investments PennantPark Floating Rate undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that PennantPark Floating Rate can easily liquidate in the marketplace.Long Term Debt
Long-term debt is a debt that PennantPark Floating Rate has held for over one year. Long-term debt appears on PennantPark Floating Rate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PennantPark Floating Rate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from PennantPark Floating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennantPark Floating Rate 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 PennantPark Floating Rate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, PennantPark Floating's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.6M | 42.2M | 48.5M | 32.5M | Total Revenue | 11.6M | 42.2M | 48.5M | 32.6M |
PennantPark Floating fundamental ratios Correlations
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PennantPark Floating Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PennantPark Floating fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 824.7M | |
Short Long Term Debt Total | 653.2M | 652.6M | 672.8M | 495.4M | 569.7M | 374.9M | |
Other Current Liab | (11.1M) | (22.7M) | (12.5M) | (19.5M) | (17.6M) | (16.7M) | |
Total Current Liabilities | 11.1M | 22.7M | 217.4M | 19.5M | 22.5M | 21.3M | |
Total Stockholder Equity | 477.3M | 490.6M | 527.1M | 653.6M | 751.6M | 423.6M | |
Net Debt | 595.7M | 602.8M | 624.9M | 395.4M | 454.8M | 333.5M | |
Retained Earnings | (60.9M) | (48.2M) | (91.0M) | (111.6M) | (100.5M) | (95.5M) | |
Accounts Payable | 11.1M | 22.7M | 12.5M | 19.5M | 22.5M | 19.7M | |
Cash | 57.5M | 49.8M | 47.9M | 100.0M | 115.0M | 120.7M | |
Non Current Assets Total | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 772.7M | |
Cash And Short Term Investments | 57.5M | 49.8M | 47.9M | 100.0M | 115.0M | 120.7M | |
Net Receivables | 3.7M | 39.4M | 11.0M | 11.0M | 12.6M | 10.0M | |
Liabilities And Stockholders Equity | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 824.7M | |
Non Current Liabilities Total | 653.2M | 652.6M | 523.0M | 495.4M | 569.7M | 309.9M | |
Other Current Assets | (112.9M) | (141.3M) | (58.9M) | (111.5M) | (100.4M) | (95.4M) | |
Other Stockholder Equity | 538.2M | 538.8M | 618.0M | 765.2M | 880.0M | 450.1M | |
Total Liab | 671.0M | 680.2M | 696.8M | 525.4M | 604.3M | 401.1M | |
Total Current Assets | 61.2M | 89.2M | 33.7M | 111.0M | 127.6M | 134.0M | |
Net Tangible Assets | 477.3M | 490.6M | 527.1M | 653.6M | 751.6M | 507.0M | |
Long Term Investments | 1.1B | 1.1B | 1.2B | 1.1B | 1.2B | 938.5M | |
Short Term Debt | 129.3B | 208.3B | 217.4M | 259.3M | 298.2M | 283.3M | |
Non Currrent Assets Other | (1.1B) | (1.1B) | (1.2B) | (1.1B) | (960.5M) | (912.4M) | |
Net Invested Capital | 1.1B | 1.1B | 1.2B | 1.1B | 1.3B | 1.2B | |
Current Deferred Revenue | (135.2B) | (129.3B) | (208.3B) | (239.7M) | (275.7M) | (289.5M) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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Is PennantPark Floating's industry 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 PennantPark Floating. If investors know PennantPark 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 PennantPark Floating listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.417 | Dividend Share 0.61 | Earnings Share 1.54 | Revenue Per Share 2.711 | Quarterly Revenue Growth 0.284 |
The market value of PennantPark Floating Rate is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Floating's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Floating'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 PennantPark Floating's market value can be influenced by many factors that don't directly affect PennantPark Floating'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 PennantPark Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Floating'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.