PennantPark Asset Turnover from 2010 to 2024

PNNT Stock

USD 6.77 0.02 0.30%

PennantPark Investment Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Asset Turnover will likely drop to 0.05 in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently PennantPark Investment uses its assets to generate sales. View All Fundamentals

Asset Turnover

First Reported

2010-12-31

Previous Quarter

0.0829711

Current Value

0.0458

Quarterly Volatility

0.04357225

Credit Downgrade

Yuan Drop

Covid

Check PennantPark Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PennantPark Investment's main balance sheet or income statement drivers, such as Interest Expense of 22.7 M, Selling General Administrative of 5.7 M or Total Revenue of 79.2 M, as well as many indicators such as Price To Sales Ratio of 5.14, Dividend Yield of 0.088 or PTB Ratio of 0.87. PennantPark financial statements analysis is a perfect complement when working with PennantPark Investment Valuation or Volatility modules.

Check out the analysis of PennantPark Investment Correlation against competitors.

For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.

Latest PennantPark Investment's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of PennantPark Investment over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. PennantPark Investment's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PennantPark Investment's overall financial position and show how it may be relating to other accounts over time.

Asset Turnover

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Asset Turnover

Timeline

PennantPark Asset Turnover Regression Statistics

	Arithmetic Mean	0.07
	Coefficient Of Variation	62.98
	Mean Deviation	0.03
	Median	0.08
	Standard Deviation	0.04
	Sample Variance	0
	Range	0.1598
	R-Value	0.32
	Mean Square Error	0
	R-Squared	0.10
	Significance	0.25
	Slope	0
	Total Sum of Squares	0.03

PennantPark Asset Turnover History

	2024	0.0458
	2023	0.083
	2021	0.0796
	2020	0.13
	2019	0.0899
	2018	0.0225
	2017	0.0439

Other Fundumenentals of PennantPark Investment

Fixed Asset Turnover

PennantPark Investment Asset Turnover component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Current Deferred Revenue	Capital Stock
Total Assets		0.7	0.67	-0.24	-0.7	0.71	0.25	0.06	0.8	0.31	0.91	0.29	-0.36	-0.47	-0.21	0.06	-0.22	-0.25	-0.01	0.23	-0.19
Total Stockholder Equity	0.7		0.59	0.34	-0.76	0.67	0.23	0.42	0.13	0.61	0.77	0.58	0.29	0.07	0.31	0.26	0.27	0.27	0.26	-0.36	0.22
Net Debt	0.67	0.59		-0.08	-0.9	0.62	0.42	0.12	0.44	0.17	0.68	0.38	-0.2	-0.48	0.13	0.47	-0.11	0.14	0.49	0.02	0.33
Retained Earnings	-0.24	0.34	-0.08		-0.05	0.11	-0.04	0.63	-0.62	0.59	-0.14	0.66	0.83	0.53	0.71	0.54	0.69	0.85	0.46	-0.92	0.71
Accounts Payable	-0.7	-0.76	-0.9	-0.05		-0.67	-0.33	-0.27	-0.33	-0.23	-0.82	-0.42	0.09	0.33	-0.13	-0.34	0.0	-0.16	-0.39	0.12	-0.29
Long Term Debt	0.71	0.67	0.62	0.11	-0.67		-0.2	0.33	0.42	0.46	0.73	0.54	-0.14	-0.39	-0.02	0.28	0.38	0.15	0.14	-0.11	0.11
Net Receivables	0.25	0.23	0.42	-0.04	-0.33	-0.2		-0.15	0.16	-0.13	0.12	-0.15	0.09	0.03	0.31	0.1	-0.33	-0.01	0.51	0.17	0.09
Short Term Investments	0.06	0.42	0.12	0.63	-0.27	0.33	-0.15		-0.27	0.65	0.24	0.44	0.43	0.16	0.37	0.55	0.49	0.56	0.2	-0.58	0.43
Total Liab	0.8	0.13	0.44	-0.62	-0.33	0.42	0.16	-0.27		-0.09	0.62	-0.09	-0.74	-0.7	-0.56	-0.15	-0.54	-0.58	-0.23	0.63	-0.45
Total Current Assets	0.31	0.61	0.17	0.59	-0.23	0.46	-0.13	0.65	-0.09		0.33	0.67	0.48	0.28	0.38	0.48	0.5	0.55	0.2	-0.56	0.42
Common Stock	0.91	0.77	0.68	-0.14	-0.82	0.73	0.12	0.24	0.62	0.33		0.32	-0.31	-0.41	-0.25	0.07	-0.17	-0.15	-0.09	0.11	-0.09
Short Term Debt	0.29	0.58	0.38	0.66	-0.42	0.54	-0.15	0.44	-0.09	0.67	0.32		0.39	-0.03	0.4	0.63	0.41	0.57	0.37	-0.75	0.57
Net Tangible Assets	-0.36	0.29	-0.2	0.83	0.09	-0.14	0.09	0.43	-0.74	0.48	-0.31	0.39		0.85	0.9	0.44	0.71	0.82	0.52	-0.82	0.67
Deferred Long Term Liab	-0.47	0.07	-0.48	0.53	0.33	-0.39	0.03	0.16	-0.7	0.28	-0.41	-0.03	0.85		0.63	0.04	0.53	0.55	0.18	-0.5	0.37
Long Term Investments	-0.21	0.31	0.13	0.71	-0.13	-0.02	0.31	0.37	-0.56	0.38	-0.25	0.4	0.9	0.63		0.63	0.64	0.83	0.82	-0.72	0.77
Short Long Term Debt	0.06	0.26	0.47	0.54	-0.34	0.28	0.1	0.55	-0.15	0.48	0.07	0.63	0.44	0.04	0.63		0.4	0.77	0.6	-0.57	0.81
Long Term Debt Total	-0.22	0.27	-0.11	0.69	0.0	0.38	-0.33	0.49	-0.54	0.5	-0.17	0.41	0.71	0.53	0.64	0.4		0.74	0.39	-0.64	0.52
Capital Surpluse	-0.25	0.27	0.14	0.85	-0.16	0.15	-0.01	0.56	-0.58	0.55	-0.15	0.57	0.82	0.55	0.83	0.77	0.74		0.64	-0.83	0.93
Net Invested Capital	-0.01	0.26	0.49	0.46	-0.39	0.14	0.51	0.2	-0.23	0.2	-0.09	0.37	0.52	0.18	0.82	0.6	0.39	0.64		-0.48	0.72
Current Deferred Revenue	0.23	-0.36	0.02	-0.92	0.12	-0.11	0.17	-0.58	0.63	-0.56	0.11	-0.75	-0.82	-0.5	-0.72	-0.57	-0.64	-0.83	-0.48		-0.76
Capital Stock	-0.19	0.22	0.33	0.71	-0.29	0.11	0.09	0.43	-0.45	0.42	-0.09	0.57	0.67	0.37	0.77	0.81	0.52	0.93	0.72	-0.76

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About PennantPark Investment Financial Statements

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

		Last Reported	Projected for Next Year
	Asset Turnover	0.08	0.05

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PennantPark Asset Turnover from 2010 to 2024

Latest PennantPark Investment's Asset Turnover Growth Pattern

PennantPark Asset Turnover Regression Statistics

PennantPark Asset Turnover History

Other Fundumenentals of PennantPark Investment

PennantPark Investment Asset Turnover component correlations

About PennantPark Investment Financial Statements

Thematic Opportunities

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Additional Tools for PennantPark Stock Analysis

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