PennantPark Total Assets vs Deferred Long Term Liab Analysis

PFLT Stock

USD 11.40 0.06 0.53%

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 Total Assets and its Deferred Long Term Liab 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.

Total Assets vs Deferred Long Term Liab

Total Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennantPark Floating Rate Total Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between PennantPark Floating's Total Assets and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Deferred Long Term Liab 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 Total Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of PennantPark Floating Rate are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Assets i.e., PennantPark Floating's Total Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Assets

Total assets refers to the total amount of PennantPark Floating assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PennantPark Floating Rate books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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

Gross Profit Total Revenue

PennantPark Floating fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt
Total Assets		0.96	-0.11	0.11	0.94	-0.08	0.93	-0.75	0.47	0.77	1.0	0.25	0.86	0.77	0.41	0.97	0.97	0.86	-0.76	0.94	0.96	0.75	0.81	0.92	0.98	0.82
Short Long Term Debt Total	0.96		-0.16	0.08	0.8	-0.18	0.99	-0.73	0.35	0.67	0.96	0.34	0.86	0.67	0.44	0.88	0.87	0.9	-0.8	0.82	1.0	0.65	0.7	0.79	0.96	0.82
Other Current Liab	-0.11	-0.16		0.91	-0.09	0.5	-0.15	0.61	0.52	-0.27	-0.1	-0.26	0.01	-0.27	-0.26	-0.14	-0.13	-0.43	0.59	-0.19	-0.12	-0.27	-0.3	-0.17	-0.17	0.13
Total Current Liabilities	0.11	0.08	0.91		0.08	0.47	0.09	0.4	0.59	-0.17	0.12	-0.23	0.15	-0.17	-0.19	0.08	0.05	-0.25	0.49	0.0	0.11	-0.22	-0.15	0.0	0.05	0.28
Total Stockholder Equity	0.94	0.8	-0.09	0.08		0.05	0.74	-0.71	0.51	0.8	0.93	0.12	0.77	0.8	0.32	0.97	0.97	0.74	-0.65	0.99	0.81	0.78	0.86	0.98	0.89	0.71
Other Liab	-0.08	-0.18	0.5	0.47	0.05		-0.15	0.43	0.14	-0.32	-0.06	-0.06	0.11	-0.32	0.05	0.03	-0.05	-0.13	0.37	-0.04	-0.16	-0.27	-0.14	-0.03	-0.14	0.07
Net Debt	0.93	0.99	-0.15	0.09	0.74	-0.15		-0.69	0.32	0.61	0.94	0.37	0.85	0.61	0.46	0.85	0.83	0.9	-0.79	0.76	0.99	0.6	0.65	0.73	0.94	0.81
Retained Earnings	-0.75	-0.73	0.61	0.4	-0.71	0.43	-0.69		-0.04	-0.85	-0.74	-0.09	-0.61	-0.85	-0.28	-0.71	-0.78	-0.77	0.84	-0.78	-0.72	-0.79	-0.86	-0.78	-0.8	-0.54
Accounts Payable	0.47	0.35	0.52	0.59	0.51	0.14	0.32	-0.04		0.41	0.47	0.08	0.18	0.41	0.08	0.48	0.45	0.07	-0.02	0.44	0.4	0.41	0.37	0.49	0.44	0.44
Cash	0.77	0.67	-0.27	-0.17	0.8	-0.32	0.61	-0.85	0.41		0.75	0.01	0.56	1.0	0.18	0.73	0.82	0.6	-0.72	0.81	0.68	0.97	0.96	0.87	0.8	0.55
Non Current Assets Total	1.0	0.96	-0.1	0.12	0.93	-0.06	0.94	-0.74	0.47	0.75		0.25	0.86	0.75	0.4	0.97	0.96	0.86	-0.75	0.93	0.97	0.73	0.8	0.91	0.98	0.82
Other Assets	0.25	0.34	-0.26	-0.23	0.12	-0.06	0.37	-0.09	0.08	0.01	0.25		0.21	0.01	0.88	0.28	0.16	0.43	-0.49	0.12	0.33	0.21	0.05	0.1	0.24	0.19
Long Term Debt	0.86	0.86	0.01	0.15	0.77	0.11	0.85	-0.61	0.18	0.56	0.86	0.21		0.56	0.44	0.81	0.84	0.85	-0.69	0.78	0.85	0.58	0.64	0.74	0.83	0.86
Cash And Short Term Investments	0.77	0.67	-0.27	-0.17	0.8	-0.32	0.61	-0.85	0.41	1.0	0.75	0.01	0.56		0.18	0.73	0.82	0.6	-0.72	0.81	0.68	0.97	0.96	0.87	0.8	0.55
Net Receivables	0.41	0.44	-0.26	-0.19	0.32	0.05	0.46	-0.28	0.08	0.18	0.4	0.88	0.44	0.18		0.44	0.36	0.57	-0.57	0.33	0.43	0.37	0.28	0.3	0.39	0.38
Common Stock Total Equity	0.97	0.88	-0.14	0.08	0.97	0.03	0.85	-0.71	0.48	0.73	0.97	0.28	0.81	0.73	0.44		0.96	0.83	-0.71	0.97	0.89	0.72	0.81	0.94	0.93	0.74
Common Stock Shares Outstanding	0.97	0.87	-0.13	0.05	0.97	-0.05	0.83	-0.78	0.45	0.82	0.96	0.16	0.84	0.82	0.36	0.96		0.83	-0.73	0.98	0.88	0.8	0.85	0.97	0.95	0.81
Non Current Liabilities Total	0.86	0.9	-0.43	-0.25	0.74	-0.13	0.9	-0.77	0.07	0.6	0.86	0.43	0.85	0.6	0.57	0.83	0.83		-0.9	0.78	0.89	0.63	0.67	0.73	0.86	0.75
Other Current Assets	-0.76	-0.8	0.59	0.49	-0.65	0.37	-0.79	0.84	-0.02	-0.72	-0.75	-0.49	-0.69	-0.72	-0.57	-0.71	-0.73	-0.9		-0.7	-0.78	-0.78	-0.73	-0.69	-0.8	-0.56
Other Stockholder Equity	0.94	0.82	-0.19	0.0	0.99	-0.04	0.76	-0.78	0.44	0.81	0.93	0.12	0.78	0.81	0.33	0.97	0.98	0.78	-0.7		0.83	0.79	0.87	0.98	0.91	0.72
Total Liab	0.96	1.0	-0.12	0.11	0.81	-0.16	0.99	-0.72	0.4	0.68	0.97	0.33	0.85	0.68	0.43	0.89	0.88	0.89	-0.78	0.83		0.66	0.71	0.8	0.97	0.83
Total Current Assets	0.75	0.65	-0.27	-0.22	0.78	-0.27	0.6	-0.79	0.41	0.97	0.73	0.21	0.58	0.97	0.37	0.72	0.8	0.63	-0.78	0.79	0.66		0.93	0.84	0.78	0.55
Common Stock	0.81	0.7	-0.3	-0.15	0.86	-0.14	0.65	-0.86	0.37	0.96	0.8	0.05	0.64	0.96	0.28	0.81	0.85	0.67	-0.73	0.87	0.71	0.93		0.91	0.83	0.56
Net Tangible Assets	0.92	0.79	-0.17	0.0	0.98	-0.03	0.73	-0.78	0.49	0.87	0.91	0.1	0.74	0.87	0.3	0.94	0.97	0.73	-0.69	0.98	0.8	0.84	0.91		0.91	0.71
Long Term Investments	0.98	0.96	-0.17	0.05	0.89	-0.14	0.94	-0.8	0.44	0.8	0.98	0.24	0.83	0.8	0.39	0.93	0.95	0.86	-0.8	0.91	0.97	0.78	0.83	0.91		0.82
Short Long Term Debt	0.82	0.82	0.13	0.28	0.71	0.07	0.81	-0.54	0.44	0.55	0.82	0.19	0.86	0.55	0.38	0.74	0.81	0.75	-0.56	0.72	0.83	0.55	0.56	0.71	0.82

Click cells to compare fundamentals

PennantPark Floating Account Relationship Matchups

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)

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PennantPark Floating in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PennantPark Floating's short interest history, or implied volatility extrapolated from PennantPark Floating options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PennantPark Floating Rate using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether PennantPark Floating Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Floating Rate Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Floating Rate Stock:

How To Invest In PennantPark

Details

Is PennantPark Stock a good investment?

Details

What is PennantPark Floating's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

View

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for PennantPark Stock analysis

When running PennantPark Floating's price analysis, check to measure PennantPark Floating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.

	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Risk-Return Analysis View associations between returns expected from investment and the risk you assume
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

PennantPark Total Assets vs Deferred Long Term Liab Analysis

Total Assets vs Deferred Long Term Liab

Total Assets vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Total Assets

Deferred Long Term Liab

PennantPark Floating fundamental ratios Correlations

PennantPark Floating Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PennantPark Floating fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for PennantPark Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Net Debt

Other Current Assets	- 0.9	Non Current Liabilities Total
Common Stock	- 0.86	Retained Earnings
Cash And Short Term Investments	- 0.85	Retained Earnings
Cash	- 0.85	Retained Earnings
Long Term Investments	- 0.8	Other Current Assets
Long Term Investments	- 0.8	Retained Earnings