Pennant Park Investment (Pennant Park Investment) Cash Flow from Financing

: $-71.17 Mil (TTM As of Dec. 2023)

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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Dec. 2023, Pennant Park Investment paid $0.00 Mil more to buy back shares than it received from issuing new shares. It received $176.04 Mil from issuing more debt. It paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $22.83 Mil paying cash dividends to shareholders. It received $0.00 Mil on other financial activities. In all, Pennant Park Investment earned $153.21 Mil on financial activities for the three months ended in Dec. 2023.

Pennant Park Investment Cash Flow from Financing Historical Data

The historical data trend for Pennant Park Investment's Cash Flow from Financing can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pennant Park Investment Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash Flow from Financing

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121.08

95.78

-13.42

52.04

-239.16

Pennant Park Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Flow from Financing	Get a 7-Day Free Trial															-14.78	-34.26	-75.07	-115.05	153.21

Pennant Park Investment Cash Flow from Financing Calculation

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Pennant Park Investment's Cash from Financing for the fiscal year that ended in Sep. 2023 is calculated as:

	Cash Flow from Financing		(A: Sep. 2023 )
=	Issuance of Stock	+	Repurchase of Stock	+	Net Issuance of Debt	+	Net Issuance of Preferred Stock	+	Cash Flow for Dividends	+	Other Financing
=	0	+	0	+	-193.5	+	0	+	-45.658	+	0
=	-239.16

Pennant Park Investment's Cash from Financing for the quarter that ended in Dec. 2023 is:

	Cash Flow from Financing		(Q: Dec. 2023 )
=	Issuance of Stock	+	Repurchase of Stock	+	Net Issuance of Debt	+	Net Issuance of Preferred Stock	+	Cash Flow for Dividends	+	Other Financing
=	0	+	0	+	176.036	+	0	+	-22.828	+	-0
=	153.21

Cash Flow from Financing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71.17 Mil.

Pennant Park Investment (NYSE:PNNT) Cash Flow from Financing Explanation

Cash from financing contains six items:

1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.

Pennant Park Investment's issuance of stock for the three months ended in Dec. 2023 was $0.00 Mil.

2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.

Pennant Park Investment's repurchase of stock for the three months ended in Dec. 2023 was $0.00 Mil.

3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Pennant Park Investment's net issuance of debt for the three months ended in Dec. 2023 was $176.04 Mil. Pennant Park Investment received $176.04 Mil from issuing more debt.

4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Pennant Park Investment's net issuance of preferred for the three months ended in Dec. 2023 was $0.00 Mil. Pennant Park Investment paid $0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.

5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Pennant Park Investment's cash flow for dividends for the three months ended in Dec. 2023 was $-22.83 Mil. Pennant Park Investment spent $22.83 Mil paying cash dividends to shareholders.

6. Other Financing:
Money spent or earned by company from other financial activities.

Pennant Park Investment's other financing for the three months ended in Dec. 2023 was $0.00 Mil. Pennant Park Investment received $0.00 Mil on other financial activities.

Pennant Park Investment Cash Flow from Financing Related Terms

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Pennant Park Investment (Pennant Park Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pennant Park Investment Corp (NYSE:PNNT) » Definitions » Cash Flow from Financing

Comparable Companies

Traded in Other Exchanges

12P:Germany

Address

1691 Michigan Avenue, Miami Beach, FL, USA, 33139

Website

https://www.pennantpark.com

Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.

Executives

Jose A Briones	director	55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Samuel L Katz	director	9 WEST 57TH ST, NEW YORK NY 10019
Arthur H Penn	officer: Chairman and CEO / Investment
Allorto Richard T Jr	officer: CFO and Treasurer	C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Richard Cheung	officer: See Remarks	C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Aviv Efrat	officer: CFO and Treasurer	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Adam K Bernstein	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Jeffrey Flug	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Pennantpark Investment Corp	director, officer: Chairman and CEO/, other: Investment Adviser	590 MADISON AVENUE, 15TH FLOOR, NEW YORK NY 10022
Marshall Brozost	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Williams P Whitridge Jr	other: Investment Adviser	C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Salvatore Iii Giannetti	other: Investment Adviser	C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Geoffrey S Chang	other: Investment Adviser	C/O PENNANTPARK INVESTMENT ADVISERS, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022