Pennant Cash And Short Term Investments from 2010 to 2024

PNTG Stock  USD 23.54  0.25  1.07%   
Pennant's Cash And Short Term Investments are increasing over the last several years with slightly volatile swings. Cash And Short Term Investments are estimated to finish at about 6.4 M this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2018-03-31
Previous Quarter
6.1 M
Current Value
2.7 M
Quarterly Volatility
M
 
Covid
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant 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 exotic 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.
  
This module can also supplement Pennant's financial leverage analysis and stock options assessment as well as various Pennant Technical models . Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Pennant Group over the last few years. Short Term Investments is an account in the current assets section of Pennant Group balance sheet. This account contains Pennant investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pennant Group fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Pennant's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Pennant Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,364,263
Geometric Mean156,553
Coefficient Of Variation175.99
Mean Deviation1,897,720
Median36,000
Standard Deviation2,400,915
Sample Variance5.8T
Range6.3M
R-Value0.75
Mean Square Error2.8T
R-Squared0.56
Significance0
Slope400,031
Total Sum of Squares80.7T

Pennant Cash And Short Term Investments History

20246.4 M
20236.1 M
20222.1 M
20215.2 M
202043 K
2019402 K
201841 K

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 Cash And Short Term Investments, 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 ReportedProjected for Next Year
Cash And Short Term Investments6.1 M6.4 M

Currently Active Assets on Macroaxis

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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Pennant Stock analysis

When running Pennant's price analysis, check to measure Pennant'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 Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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Is Pennant'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 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
0.55
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.