PennantPark Floating Rate Capital Ltd.
PFLT
Price:
$11.07
Market Cap:
$812.77M
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loa...[Read more]
Industry
Asset Management
IPO Date
2011-04-08
Stock Exchange
NYSE
Ticker
PFLT
PE Ratio
[6.67]
ROE
[13.84%]
Current Ratio
[9.33]
Dividend Yield
[11.11%]
Enterprise Value
[1.62B]
Dividend History
The Current Ratio as of November 2024 (TTM) for PennantPark Floating Rate Capital Ltd. (PFLT) is 9.33
According to PennantPark Floating Rate Capital Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 9.33. This represents a change of 129.83% compared to the average of 4.06 of the last 4 quarters.
PennantPark Floating Rate Capital Ltd. (PFLT) Historical Current Ratio (quarterly & annually)
How has PFLT Current Ratio performed in the past?
The mean historical Current Ratio of PennantPark Floating Rate Capital Ltd. over the last ten years is 1.51. The current 9.33 Current Ratio has changed 61.69% with respect to the historical average. Over the past ten years (40 quarters), PFLT's Current Ratio was at its highest in in the December 2021 quarter at 9.72. The Current Ratio was at its lowest in in the June 2019 quarter at 0.07.
Average
1.51
Median
0.22
Minimum
0.13
Maximum
5.52
PennantPark Floating Rate Capital Ltd. (PFLT) Current Ratio by Quarter and Year
Discovering the peaks and valleys of PennantPark Floating Rate Capital Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.52%
Maximum Annual Current Ratio = 5.52
Minimum Annual Increase = -96.06%
Minimum Annual Current Ratio = 0.13
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 4.07 | 2.52% |
| 2022 | 0.16 | -96.06% |
| 2021 | 3.93 | -28.75% |
| 2020 | 5.52 | 2.16% |
| 2019 | 0.24 | 30.29% |
| 2018 | 0.19 | 47.04% |
| 2017 | 0.13 | -0.01% |
| 2016 | 0.13 | -77.81% |
| 2015 | 0.57 | 271.72% |
| 2014 | 0.15 | 66.67% |
PennantPark Floating Rate Capital Ltd. (PFLT) Average Current Ratio
How has PFLT Current Ratio performed in the past?
The current Current Ratio of PennantPark Floating Rate Capital Ltd. (PFLT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.72
5-year avg
2.78
10-year avg
1.51
PennantPark Floating Rate Capital Ltd. (PFLT) Current Ratio vs. Peers
How is PFLT’s Current Ratio compared to its peers?
PennantPark Floating Rate Capital Ltd.’s Current Ratio is greater than Gladstone Investment Corporation (0.14), greater than Horizon Technology Finance Corporation (0.81), greater than Stellus Capital Investment Corporation (0.45), greater than Prospect Capital Corporation (0.37), greater than Gladstone Capital Corporation (0), greater than Main Street Capital Corporation (0.76), greater than WhiteHorse Finance, Inc. (0.80), greater than Fidus Investment Corporation (2.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.14 | $490.53M | |
| 0.81 | $353.60M | |
| 0.45 | $373.67M | |
| 0.37 | $2.11B | |
| 0 | $596.43M | |
| 0.76 | $4.76B | |
| 0.80 | $244.98M | |
| 2.23 | $711.19M |
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Frequently asked questions❓
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