PennantPark Long Term Debt vs Non Current Assets Total Analysis

PFLT Stock

USD 11.16 0.09 0.81%

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 Long Term Debt and its Non Current Assets Total 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

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

The correlation between PennantPark Floating's Long Term Debt and Non Current Assets Total is 0.64. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total 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 Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of PennantPark Floating Rate are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., PennantPark Floating's Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that PennantPark Floating Rate has held for over one year. Long-term debt appears on PennantPark Floating Rate balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on PennantPark Floating Rate balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Issuance Of Capital Stock is likely to gain to about 196.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	11.6M	42.2M	110.3M	115.8M
Total Revenue	11.6M	42.2M	110.3M	115.8M

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		0.11	-0.55	0.27	0.82	-0.21	0.28	-0.83	0.65	0.94	1.0	0.1	0.64	0.94	0.31	0.76	0.84	0.94	-0.14	0.83	0.99	0.92	0.97	0.85	0.83	0.59
Short Long Term Debt Total	0.11		0.58	0.63	0.19	-0.08	0.36	0.12	0.48	0.21	0.11	-0.11	0.19	0.21	-0.19	0.23	0.2	-0.16	-0.22	0.15	0.11	0.16	0.04	0.21	0.3	0.28
Other Current Liab	-0.55	0.58		0.5	-0.3	0.49	0.19	0.69	-0.02	-0.49	-0.55	-0.13	-0.07	-0.49	-0.22	-0.21	-0.31	-0.72	-0.03	-0.36	-0.58	-0.48	-0.57	-0.32	-0.27	0.03
Total Current Liabilities	0.27	0.63	0.5		0.32	0.35	0.09	0.11	0.67	0.2	0.27	-0.3	0.29	0.2	-0.15	0.26	0.29	0.01	0.14	0.25	0.24	0.13	0.21	0.29	0.26	0.42
Total Stockholder Equity	0.82	0.19	-0.3	0.32		0.01	0.4	-0.73	0.59	0.83	0.82	0.09	0.75	0.83	0.3	0.95	0.98	0.71	-0.13	0.99	0.77	0.81	0.85	0.98	0.87	0.69
Other Liab	-0.21	-0.08	0.49	0.35	0.01		-0.02	0.43	0.0	-0.32	-0.2	-0.05	0.11	-0.32	0.05	0.03	-0.07	-0.25	0.08	-0.06	-0.28	-0.27	-0.17	-0.03	-0.14	0.07
Net Debt	0.28	0.36	0.19	0.09	0.4	-0.02		-0.38	-0.02	0.25	0.27	0.4	0.69	0.25	0.39	0.65	0.5	0.24	-0.52	0.44	0.3	0.25	0.19	0.43	0.71	0.65
Retained Earnings	-0.83	0.12	0.69	0.11	-0.73	0.43	-0.38		-0.29	-0.85	-0.82	-0.09	-0.61	-0.85	-0.28	-0.71	-0.79	-0.85	0.08	-0.79	-0.82	-0.79	-0.85	-0.78	-0.8	-0.54
Accounts Payable	0.65	0.48	-0.02	0.67	0.59	0.0	-0.02	-0.29		0.68	0.65	-0.16	0.19	0.68	-0.05	0.46	0.54	0.42	0.16	0.54	0.61	0.64	0.65	0.6	0.48	0.4
Cash	0.94	0.21	-0.49	0.2	0.83	-0.32	0.25	-0.85	0.68		0.93	0.01	0.57	1.0	0.18	0.74	0.85	0.84	-0.07	0.84	0.9	0.96	0.96	0.87	0.81	0.55
Non Current Assets Total	1.0	0.11	-0.55	0.27	0.82	-0.2	0.27	-0.82	0.65	0.93		0.1	0.64	0.93	0.3	0.75	0.83	0.94	-0.13	0.82	0.99	0.91	0.97	0.84	0.83	0.59
Other Assets	0.1	-0.11	-0.13	-0.3	0.09	-0.05	0.4	-0.09	-0.16	0.01	0.1		0.21	0.01	0.88	0.28	0.14	0.21	-0.89	0.1	0.14	0.21	0.03	0.1	0.24	0.19
Long Term Debt	0.64	0.19	-0.07	0.29	0.75	0.11	0.69	-0.61	0.19	0.57	0.64	0.21		0.57	0.44	0.81	0.82	0.63	-0.38	0.76	0.64	0.59	0.6	0.74	0.83	0.86
Cash And Short Term Investments	0.94	0.21	-0.49	0.2	0.83	-0.32	0.25	-0.85	0.68	1.0	0.93	0.01	0.57		0.18	0.74	0.84	0.84	-0.07	0.84	0.9	0.96	0.96	0.87	0.81	0.55
Net Receivables	0.31	-0.19	-0.22	-0.15	0.3	0.05	0.39	-0.28	-0.05	0.18	0.3	0.88	0.44	0.18		0.43	0.34	0.41	-0.78	0.31	0.32	0.38	0.26	0.29	0.38	0.38
Common Stock Total Equity	0.76	0.23	-0.21	0.26	0.95	0.03	0.65	-0.71	0.46	0.74	0.75	0.28	0.81	0.74	0.43		0.95	0.66	-0.32	0.95	0.71	0.73	0.76	0.94	0.93	0.74
Common Stock Shares Outstanding	0.84	0.2	-0.31	0.29	0.98	-0.07	0.5	-0.79	0.54	0.85	0.83	0.14	0.82	0.84	0.34	0.95		0.75	-0.19	0.99	0.8	0.83	0.84	0.98	0.93	0.8
Non Current Liabilities Total	0.94	-0.16	-0.72	0.01	0.71	-0.25	0.24	-0.85	0.42	0.84	0.94	0.21	0.63	0.84	0.41	0.66	0.75		-0.19	0.73	0.95	0.85	0.9	0.73	0.75	0.54
Other Current Assets	-0.14	-0.22	-0.03	0.14	-0.13	0.08	-0.52	0.08	0.16	-0.07	-0.13	-0.89	-0.38	-0.07	-0.78	-0.32	-0.19	-0.19		-0.13	-0.18	-0.24	-0.04	-0.14	-0.33	-0.26
Other Stockholder Equity	0.83	0.15	-0.36	0.25	0.99	-0.06	0.44	-0.79	0.54	0.84	0.82	0.1	0.76	0.84	0.31	0.95	0.99	0.73	-0.13		0.78	0.81	0.86	0.98	0.9	0.71
Total Liab	0.99	0.11	-0.58	0.24	0.77	-0.28	0.3	-0.82	0.61	0.9	0.99	0.14	0.64	0.9	0.32	0.71	0.8	0.95	-0.18	0.78		0.88	0.93	0.79	0.83	0.61
Total Current Assets	0.92	0.16	-0.48	0.13	0.81	-0.27	0.25	-0.79	0.64	0.96	0.91	0.21	0.59	0.96	0.38	0.73	0.83	0.85	-0.24	0.81	0.88		0.93	0.85	0.78	0.56
Common Stock	0.97	0.04	-0.57	0.21	0.85	-0.17	0.19	-0.85	0.65	0.96	0.97	0.03	0.6	0.96	0.26	0.76	0.84	0.9	-0.04	0.86	0.93	0.93		0.88	0.79	0.52
Net Tangible Assets	0.85	0.21	-0.32	0.29	0.98	-0.03	0.43	-0.78	0.6	0.87	0.84	0.1	0.74	0.87	0.29	0.94	0.98	0.73	-0.14	0.98	0.79	0.85	0.88		0.91	0.71
Long Term Investments	0.83	0.3	-0.27	0.26	0.87	-0.14	0.71	-0.8	0.48	0.81	0.83	0.24	0.83	0.81	0.38	0.93	0.93	0.75	-0.33	0.9	0.83	0.78	0.79	0.91		0.82
Short Long Term Debt	0.59	0.28	0.03	0.42	0.69	0.07	0.65	-0.54	0.4	0.55	0.59	0.19	0.86	0.55	0.38	0.74	0.8	0.54	-0.26	0.71	0.61	0.56	0.52	0.71	0.82

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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	2.1B	2.2B
Short Long Term Debt Total	653.2M	652.6M	672.8M	495.4M	183.8M	174.6M
Other Current Liab	(11.1M)	(10.2M)	(12.5M)	8.0M	(228.9M)	(217.4M)
Total Current Liabilities	11.1M	22.7M	217.4M	27.5M	236.6M	171.7M
Total Stockholder Equity	477.3M	490.6M	527.1M	653.6M	877.3M	462.3M
Net Debt	595.7M	602.8M	624.9M	395.4M	71.8M	68.2M
Retained Earnings	(60.9M)	(48.2M)	(91.0M)	(111.6M)	(99.5M)	(94.6M)
Accounts Payable	11.1M	10.2M	12.5M	19.5M	45.0M	47.3M
Cash	57.5M	49.8M	47.9M	100.6M	112.1M	117.7M
Non Current Assets Total	1.1B	1.1B	1.2B	1.1B	2.0B	2.1B
Cash And Short Term Investments	57.5M	49.8M	47.9M	100.0M	112.1M	117.7M
Net Receivables	3.7M	39.4M	11.0M	11.0M	12.2M	10.2M
Liabilities And Stockholders Equity	1.1B	1.2B	1.2B	1.2B	2.1B	2.2B
Non Current Liabilities Total	653.2M	652.6M	523.0M	495.4M	1.0B	1.1B
Other Current Assets	173.3K	(141.3M)	748K	894K	198K	207.9K
Other Stockholder Equity	538.2M	538.8M	618.0M	765.2M	976.7M	494.7M
Total Liab	671.0M	680.2M	696.8M	526.0M	1.2B	1.3B
Total Current Assets	61.2M	89.2M	33.7M	111.9M	124.2M	130.4M
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	183.8M	174.6M
Non Currrent Assets Other	(1.1B)	(1.2B)	(1.2B)	(1.1B)	(2.0B)	(1.9B)
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)

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