PennantPark Total Stockholder Equity vs Long Term Investments 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 Total Stockholder Equity and its Long Term Investments 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 Stockholder Equity vs Long Term Investments
Total Stockholder Equity vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennantPark Floating Rate Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between PennantPark Floating's Total Stockholder Equity and Long Term Investments is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments 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 Stockholder Equity and Long Term Investments 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 Stockholder Equity of PennantPark Floating Rate are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., PennantPark Floating's Total Stockholder Equity and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Long Term Investments
Long Term Investments is an item on the asset side of PennantPark Floating balance sheet that represents investments PennantPark Floating Rate intends to hold for over a year. PennantPark Floating Rate long term investments may include different instruments such as stocks, bonds, real estate and cash.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) |
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.
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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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.