PennantPark Floating Rate... (PFLT)
PennantPark Floating Rate Capital Statistics
Share Statistics
PennantPark Floating Rate Capital has 87.96M shares outstanding. The number of shares has increased by 31.81% in one year.
| Shares Outstanding | 87.96M |
| Shares Change (YoY) | 31.81% |
| Shares Change (QoQ) | 5.68% |
| Owned by Institutions (%) | 22.32% |
| Shares Floating | 87.11M |
| Failed to Deliver (FTD) Shares | 30 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 711.14K, so 0.81% of the outstanding shares have been sold short.
| Short Interest | 711.14K |
| Short % of Shares Out | 0.81% |
| Short % of Float | 0.82% |
| Short Ratio (days to cover) | 1 |
Valuation Ratios
The PE ratio is 8.28 and the forward PE ratio is 7.38. PennantPark Floating Rate Capital's PEG ratio is 0.1.
| PE Ratio | 8.28 |
| Forward PE | 7.38 |
| PS Ratio | 6.9 |
| Forward PS | 5.1 |
| PB Ratio | 0.87 |
| P/FCF Ratio | -0.95 |
| PEG Ratio | 0.1 |
Enterprise Valuation
PennantPark Floating Rate Capital has an Enterprise Value (EV) of 832.22M.
| EV / Sales | 7.55 |
| EV / EBITDA | 0 |
| EV / EBIT | -1.04 |
| EV / FCF | -1.04 |
Financial Position
The company has a current ratio of 0.51, with a Debt / Equity ratio of 0.21.
| Current Ratio | 0.51 |
| Quick Ratio | 0.51 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | - |
| Debt / FCF | -0.23 |
| Interest Coverage | 1.99 |
Financial Efficiency
Return on Equity is 10.47% and Return on Invested Capital is 5.25%.
| Return on Equity | 10.47% |
| Return on Assets | 4.35% |
| Return on Invested Capital | 5.25% |
| Revenue Per Employee | $- |
| Profits Per Employee | $- |
| Employee Count | 0 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 1.08M |
| Effective Tax Rate | 1.17% |
Stock Price Statistics
The stock price has increased by -14.93% in the last 52 weeks. The beta is 1.28, so PennantPark Floating Rate Capital's price volatility has been higher than the market average.
| Beta | 1.28 |
| 52-Week Price Change | -14.93% |
| 50-Day Moving Average | 10.77 |
| 200-Day Moving Average | 11.13 |
| Relative Strength Index (RSI) | 41.48 |
| Average Volume (20 Days) | 1.61M |
Income Statement
In the last 12 months, PennantPark Floating Rate Capital had revenue of 110.28M and earned 91.84M in profits. Earnings per share was 1.4.
| Revenue | 110.28M |
| Gross Profit | 110.28M |
| Operating Income | 108.82M |
| Net Income | 91.84M |
| EBITDA | 0 |
| EBIT | 146.71M |
| Earnings Per Share (EPS) | 1.4 |
Balance Sheet
The company has 112.05M in cash and 183.83M in debt, giving a net cash position of -71.78M.
| Cash & Cash Equivalents | 112.05M |
| Total Debt | 183.83M |
| Net Cash | -71.78M |
| Retained Earnings | -99.53M |
| Total Assets | 2.34B |
| Working Capital | -106.9M |
Cash Flow
In the last 12 months, operating cash flow was -801.38M and capital expenditures 0, giving a free cash flow of -801.38M.
| Operating Cash Flow | -801.38M |
| Capital Expenditures | 0 |
| Free Cash Flow | -801.38M |
| FCF Per Share | -12.19 |
Margins
Gross margin is 100%, with operating and profit margins of 98.67% and 83.27%.
| Gross Margin | 100% |
| Operating Margin | 98.67% |
| Pretax Margin | 84.29% |
| Profit Margin | 83.27% |
| EBITDA Margin | n/a |
| EBIT Margin | 98.67% |
| FCF Margin | -726.64% |
Dividends & Yields
PFLT pays an annual dividend of $1.33, which amounts to a dividend yield of 12.77%.
| Dividend Per Share | $1.33 |
| Dividend Yield | 12.77% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 97.26% |
| Earnings Yield | 12.08% |
| FCF Yield | -105.38% |
Analyst Forecast
The average price target for PFLT is $11.5, which is 17.3% higher than the current price. The consensus rating is "Hold".
| Price Target | $11.5 |
| Price Target Difference | 17.3% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 0.42 |
| Piotroski F-Score | 6 |