PennantPark Return On Tangible Assets from 2010 to 2024

PFLT Stock  USD 11.07  0.01  0.09%   
PennantPark Floating Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to 0.04 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0383
Current Value
0.0377
Quarterly Volatility
0.02160335
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PennantPark Floating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PennantPark Floating's main balance sheet or income statement drivers, such as Interest Expense of 46.1 M, Selling General Administrative of 3.4 M or Total Revenue of 32.6 M, as well as many indicators such as Price To Sales Ratio of 3.34, Ptb Ratio of 0.66 or Days Sales Outstanding of 38.25. PennantPark financial statements analysis is a perfect complement when working with PennantPark Floating Valuation or Volatility modules.
  
Check out the analysis of PennantPark Floating Correlation against competitors.

Latest PennantPark Floating's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of PennantPark Floating Rate over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. PennantPark Floating's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PennantPark Floating's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

PennantPark Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation58.37
Mean Deviation0.02
Median0.04
Standard Deviation0.02
Sample Variance0.0005
Range0.0767
R-Value(0.50)
Mean Square Error0.0004
R-Squared0.25
Significance0.06
Slope(0)
Total Sum of Squares0.01

PennantPark Return On Tangible Assets History

2024 0.0377
2023 0.0383
2022 0.0333
2021 0.002821
2020 0.0483
2019 0.016
2018 -0.009653

About PennantPark Floating Financial Statements

PennantPark Floating shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although PennantPark Floating investors may analyze each financial statement separately, they are all interrelated. The changes in PennantPark Floating's assets and liabilities, for example, are also reflected in the revenues and expenses on on PennantPark Floating's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

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Additional Tools for PennantPark Stock Analysis

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