Pennant Capex To Revenue from 2010 to 2024

PNTG Stock  USD 31.18  0.21  0.67%   
Pennant's Capex To Revenue is increasing over the last several years with stable swings. Capex To Revenue is predicted to flatten to 0.01. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.01487453
Current Value
0.0138
Quarterly Volatility
0.00417315
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant's main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0101 or PTB Ratio of 2.81. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
  
Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Pennant Group over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Pennant's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pennant's overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Pretty Stable
   Capex To Revenue   
       Timeline  

Pennant Capex To Revenue Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation25.21
Mean Deviation0
Median0.02
Standard Deviation0
Sample Variance0.000017
Range0.0175
R-Value0.20
Mean Square Error0.000018
R-Squared0.04
Significance0.47
Slope0.0002
Total Sum of Squares0.0002

Pennant Capex To Revenue History

2024 0.0138
2023 0.0149
2022 0.0299
2021 0.0143
2020 0.0186
2019 0.0198
2018 0.0126

About Pennant Financial Statements

Pennant stakeholders use historical fundamental indicators, such as Pennant's Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Pennant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pennant's assets and liabilities are reflected in the revenues and expenses on Pennant's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Pennant Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Revenue 0.01  0.01 

Currently Active Assets on Macroaxis

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 the analysis of Pennant Correlation against competitors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.