Pennant Net Borrowings vs Begin Period Cash Flow Analysis

PNTG Stock  USD 30.31  0.30  1.00%   
Pennant financial indicator trend analysis is much more than just breaking down Pennant Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pennant Group is a good investment. Please check the relationship between Pennant Net Borrowings and its Begin Period Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Borrowings vs Begin Period Cash Flow

Net Borrowings vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pennant Group Net Borrowings account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pennant's Net Borrowings and Begin Period Cash Flow is -0.31. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Pennant Group, assuming nothing else is changed. The correlation between historical values of Pennant's Net Borrowings and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Pennant Group are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Borrowings i.e., Pennant's Net Borrowings and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Pennant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pennant Group 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 Pennant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The current Tax Provision is estimated to decrease to about 2.7 M. The current Selling General Administrative is estimated to decrease to about 30.1 M
 2021 2022 2023 2024 (projected)
Gross Profit45.7M58.6M67.0M51.4M
Total Revenue439.7M473.2M544.9M404.5M

Pennant fundamental ratios Correlations

0.890.570.870.830.71-0.90.870.870.870.830.880.710.290.830.860.840.870.780.880.880.810.870.850.270.02
0.890.510.960.920.8-0.960.990.990.970.71.00.820.390.70.950.941.00.820.961.00.90.990.940.36-0.16
0.570.510.470.320.26-0.490.540.540.40.520.510.050.10.520.420.360.540.680.410.530.330.530.440.1-0.06
0.870.960.470.90.92-0.980.940.940.930.640.960.770.590.640.940.930.950.870.930.960.850.950.920.56-0.28
0.830.920.320.90.76-0.940.850.880.930.820.90.940.250.820.991.00.880.760.990.890.990.860.990.220.12
0.710.80.260.920.76-0.870.770.760.770.440.790.640.810.440.80.80.760.760.760.790.670.770.780.79-0.46
-0.9-0.96-0.49-0.98-0.94-0.87-0.92-0.93-0.96-0.74-0.95-0.83-0.44-0.74-0.97-0.96-0.93-0.89-0.96-0.94-0.91-0.92-0.97-0.420.1
0.870.990.540.940.850.77-0.921.00.940.630.990.740.420.630.890.871.00.790.921.00.831.00.880.39-0.26
0.870.990.540.940.880.76-0.931.00.960.671.00.780.370.670.910.91.00.80.941.00.871.00.90.35-0.2
0.870.970.40.930.930.77-0.960.940.960.690.970.90.310.690.950.950.960.790.970.960.930.950.950.28-0.06
0.830.70.520.640.820.44-0.740.630.670.690.690.7-0.11.00.810.80.670.620.810.670.830.650.82-0.130.48
0.881.00.510.960.90.79-0.950.991.00.970.690.80.40.690.940.921.00.810.951.00.891.00.920.37-0.19
0.710.820.050.770.940.64-0.830.740.780.90.70.80.110.70.90.920.780.580.910.780.950.750.90.080.21
0.290.390.10.590.250.81-0.440.420.370.31-0.10.40.11-0.10.320.310.380.480.260.410.130.410.281.0-0.83
0.830.70.520.640.820.44-0.740.630.670.691.00.690.7-0.10.810.80.670.620.810.670.830.650.82-0.130.48
0.860.950.420.940.990.8-0.970.890.910.950.810.940.90.320.811.00.920.830.990.920.970.91.00.290.04
0.840.940.360.931.00.8-0.960.870.90.950.80.920.920.310.81.00.90.810.990.910.980.890.990.280.06
0.871.00.540.950.880.76-0.931.01.00.960.671.00.780.380.670.920.90.80.941.00.871.00.910.35-0.2
0.780.820.680.870.760.76-0.890.790.80.790.620.810.580.480.620.830.810.80.80.810.730.780.850.46-0.16
0.880.960.410.930.990.76-0.960.920.940.970.810.950.910.260.810.990.990.940.80.940.980.930.990.230.06
0.881.00.530.960.890.79-0.941.01.00.960.671.00.780.410.670.920.911.00.810.940.871.00.910.38-0.21
0.810.90.330.850.990.67-0.910.830.870.930.830.890.950.130.830.970.980.870.730.980.870.850.980.090.21
0.870.990.530.950.860.77-0.921.01.00.950.651.00.750.410.650.90.891.00.780.931.00.850.890.38-0.24
0.850.940.440.920.990.78-0.970.880.90.950.820.920.90.280.821.00.990.910.850.990.910.980.890.250.08
0.270.360.10.560.220.79-0.420.390.350.28-0.130.370.081.0-0.130.290.280.350.460.230.380.090.380.25-0.84
0.02-0.16-0.06-0.280.12-0.460.1-0.26-0.2-0.060.48-0.190.21-0.830.480.040.06-0.2-0.160.06-0.210.21-0.240.08-0.84
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Pennant Account Relationship Matchups

Pennant fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding29.6M30.2M30.6M30.2M30.2M32.3M
Total Assets447.8M507.0M530.3M512.1M539.7M427.9M
Other Current Liab28.3M26.1M36.2M20.7M23.6M28.8M
Total Current Liabilities51.2M89.0M71.6M70.2M71.5M64.3M
Total Stockholder Equity71.1M96.6M110.2M121.0M140.3M102.2M
Other Liab2.9M11.9M5.3M6.3M7.2M5.8M
Net Tangible Assets(3.6M)(17.4M)(17.8M)(17.1M)(15.4M)(14.6M)
Property Plant And Equipment Net331.0M326.5M317.8M287.5M291.5M247.3M
Net Debt334.5M319.0M350.1M324.5M323.6M259.5M
Retained Earnings(3.8M)11.9M14.6M21.3M34.7M36.4M
Accounts Payable8.7M9.8M10.6M13.6M10.8M9.6M
Cash402K43K5.2M2.1M6.1M6.4M
Non Current Assets Total409.1M447.4M454.5M438.3M459.6M367.6M
Non Currrent Assets Other3.4M4.3M4.8M10.5M9.3M5.8M
Other Assets3.4M315.6M8.7M12.7M14.6M13.9M
Long Term Debt18.5M8.3M51.4M62.9M63.9M32.2M
Cash And Short Term Investments402K43K5.2M2.1M6.1M6.4M
Net Receivables32.2M47.2M53.9M53.4M61.1M46.3M
Good Will41.2M66.4M74.3M79.5M91.0M64.6M
Long Term Debt Total18.5M8.3M51.4M62.9M72.3M75.9M
Liabilities And Stockholders Equity447.8M507.0M530.3M512.1M539.7M427.9M
Non Current Liabilities Total325.4M316.8M344.4M316.2M322.6M256.3M
Capital Surpluse74.9M84.7M95.6M99.8M114.7M65.1M
Capital Lease Obligations316.3M310.7M303.9M263.7M265.7M229.5M
Other Current Assets6.1M24.7M33.4M18.3M12.9M16.4M
Other Stockholder Equity74.9M84.6M95.5M99.7M105.6M89.8M
Total Liab376.6M405.8M416.1M386.5M394.2M320.6M
Net Invested Capital89.6M104.9M161.6M183.9M204.3M134.4M
Property Plant And Equipment Gross331.0M326.5M317.8M287.5M316.6M251.2M
Total Current Assets38.7M59.6M75.8M73.8M80.1M60.3M
Non Current Liabilities Other2.9M308.5M5.3M6.3M8.3M7.8M
Net Working Capital(12.5M)(29.4M)4.2M3.6M8.5M9.0M
Short Term Debt12.3M28.2M16.1M33.3M34.2M19.5M
Intangible Assets33.5M47.5M53.7M58.6M67.7M48.6M
Property Plant Equipment331.0M17.9M317.8M26.6M30.6M29.1M

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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
0.365
Earnings Share
0.68
Revenue Per Share
21.663
Quarterly Revenue Growth
0.289
Return On Assets
0.0383
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.