Pennant Fixed Asset Turnover from 2010 to 2024
| PNTG Stock | USD 23.32 0.14 0.60% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 1.86913121 | Current Value 1.78 | Quarterly Volatility 13.66021162 |
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant's main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0101 or PTB Ratio of 2.81. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
Pennant | Fixed Asset Turnover |
Latest Pennant's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of Pennant Group over the last few years. It is Pennant's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pennant's overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
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Fixed Asset Turnover |
| Timeline |
Pennant Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 17.64 | |
| Geometric Mean | 8.64 | |
| Coefficient Of Variation | 77.44 | |
| Mean Deviation | 12.93 | |
| Median | 28.54 | |
| Standard Deviation | 13.66 | |
| Sample Variance | 186.60 | |
| Range | 27.5216 | |
| R-Value | (0.85) | |
| Mean Square Error | 55.03 | |
| R-Squared | 0.73 | |
| Significance | 0.000055 | |
| Slope | (2.60) | |
| Total Sum of Squares | 2,612 |
Pennant Fixed Asset Turnover History
About Pennant Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Pennant income statement, its balance sheet, and the statement of cash flows. Pennant investors use historical funamental indicators, such as Pennant's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Pennant investors may use each financial statement separately, they are all related. The changes in Pennant's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pennant's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Pennant Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Pennant. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 1.87 | 1.78 |
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Additional Information and Resources on Investing in Pennant Stock
When determining whether Pennant Group is a strong investment it is important to analyze Pennant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pennant's future performance. For an informed investment choice regarding Pennant Stock, refer to the following important reports:Check out the analysis of Pennant Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Health Care Providers & Services space 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 Pennant. If investors know Pennant 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 Pennant 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 1.667 | Earnings Share 0.54 | Revenue Per Share 19.219 | Quarterly Revenue Growth 0.241 | Return On Assets 0.0331 |
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant'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 Pennant's market value can be influenced by many factors that don't directly affect Pennant'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 Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant'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.