Pennant End Period Cash Flow vs Net Income Analysis
PNTG Stock | USD 31.56 0.38 1.22% |
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 End Period Cash Flow and its Net Income 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pennant Group End Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pennant's End Period Cash Flow and Net Income is -0.14. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income 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 End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Pennant Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Pennant's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Pennant Group financial statement analysis. It represents the amount of money remaining after all of Pennant Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Profit | 45.7M | 58.6M | 67.0M | 51.4M | Total Revenue | 439.7M | 473.2M | 544.9M | 404.5M |
Pennant fundamental ratios Correlations
Click cells to compare fundamentals
Pennant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pennant fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 29.6M | 30.2M | 30.6M | 30.2M | 30.2M | 32.3M | |
Total Assets | 447.8M | 507.0M | 530.3M | 512.1M | 539.7M | 427.9M | |
Other Current Liab | 28.3M | 26.1M | 36.2M | 20.7M | 23.6M | 28.8M | |
Total Current Liabilities | 51.2M | 89.0M | 71.6M | 70.2M | 71.5M | 64.3M | |
Total Stockholder Equity | 71.1M | 96.6M | 110.2M | 121.0M | 140.3M | 102.2M | |
Other Liab | 2.9M | 11.9M | 5.3M | 6.3M | 7.2M | 5.8M | |
Net Tangible Assets | (3.6M) | (17.4M) | (17.8M) | (17.1M) | (15.4M) | (14.6M) | |
Property Plant And Equipment Net | 331.0M | 326.5M | 317.8M | 287.5M | 291.5M | 247.3M | |
Net Debt | 334.5M | 319.0M | 350.1M | 324.5M | 323.6M | 259.5M | |
Retained Earnings | (3.8M) | 11.9M | 14.6M | 21.3M | 34.7M | 36.4M | |
Accounts Payable | 8.7M | 9.8M | 10.6M | 13.6M | 10.8M | 9.6M | |
Cash | 402K | 43K | 5.2M | 2.1M | 6.1M | 6.4M | |
Non Current Assets Total | 409.1M | 447.4M | 454.5M | 438.3M | 459.6M | 367.6M | |
Non Currrent Assets Other | 3.4M | 4.3M | 4.8M | 10.5M | 9.3M | 5.8M | |
Other Assets | 3.4M | 315.6M | 8.7M | 12.7M | 14.6M | 13.9M | |
Long Term Debt | 18.5M | 8.3M | 51.4M | 62.9M | 63.9M | 32.2M | |
Cash And Short Term Investments | 402K | 43K | 5.2M | 2.1M | 6.1M | 6.4M | |
Net Receivables | 32.2M | 47.2M | 53.9M | 53.4M | 61.1M | 46.3M | |
Good Will | 41.2M | 66.4M | 74.3M | 79.5M | 91.0M | 64.6M | |
Long Term Debt Total | 18.5M | 8.3M | 51.4M | 62.9M | 72.3M | 75.9M | |
Liabilities And Stockholders Equity | 447.8M | 507.0M | 530.3M | 512.1M | 539.7M | 427.9M | |
Non Current Liabilities Total | 325.4M | 316.8M | 344.4M | 316.2M | 322.6M | 256.3M | |
Capital Surpluse | 74.9M | 84.7M | 95.6M | 99.8M | 114.7M | 65.1M | |
Capital Lease Obligations | 316.3M | 310.7M | 303.9M | 263.7M | 265.7M | 229.5M | |
Other Current Assets | 6.1M | 24.7M | 33.4M | 18.3M | 12.9M | 16.4M | |
Other Stockholder Equity | 74.9M | 84.6M | 95.5M | 99.7M | 105.6M | 89.8M | |
Total Liab | 376.6M | 405.8M | 416.1M | 386.5M | 394.2M | 320.6M | |
Net Invested Capital | 89.6M | 104.9M | 161.6M | 183.9M | 204.3M | 134.4M | |
Property Plant And Equipment Gross | 331.0M | 326.5M | 317.8M | 287.5M | 316.6M | 251.2M | |
Total Current Assets | 38.7M | 59.6M | 75.8M | 73.8M | 80.1M | 60.3M | |
Non Current Liabilities Other | 2.9M | 308.5M | 5.3M | 6.3M | 8.3M | 7.8M | |
Net Working Capital | (12.5M) | (29.4M) | 4.2M | 3.6M | 8.5M | 9.0M | |
Short Term Debt | 12.3M | 28.2M | 16.1M | 33.3M | 34.2M | 19.5M | |
Intangible Assets | 33.5M | 47.5M | 53.7M | 58.6M | 67.7M | 48.6M | |
Property Plant Equipment | 331.0M | 17.9M | 317.8M | 26.6M | 30.6M | 29.1M |
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 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 CEOs Directory module to screen CEOs from public companies around the world.
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.