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PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) FCF Yield % : -6.73 (As of Apr. 28, 2024)


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What is PennantPark Floating Rate Capital FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, PennantPark Floating Rate Capital's Trailing 12-Month Free Cash Flow is $-47.64 Mil, and Market Cap is $708.10 Mil. Therefore, PennantPark Floating Rate Capital's FCF Yield % for today is -6.73%.

The historical rank and industry rank for PennantPark Floating Rate Capital's FCF Yield % or its related term are showing as below:

PFLT' s FCF Yield % Range Over the Past 10 Years
Min: -141.56   Med: -25.17   Max: 58.46
Current: -6.73


During the past 13 years, the highest FCF Yield % of PennantPark Floating Rate Capital was 58.46%. The lowest was -141.56%. And the median was -25.17%.

PFLT's FCF Yield % is ranked worse than
84.16% of 1597 companies
in the Asset Management industry
Industry Median: 3.12 vs PFLT: -6.73

PennantPark Floating Rate Capital's FCF Margin % for the quarter that ended in Dec. 2023 was -750.59%.


PennantPark Floating Rate Capital FCF Yield % Historical Data

The historical data trend for PennantPark Floating Rate Capital's FCF Yield % 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.

* Premium members only.

PennantPark Floating Rate Capital FCF Yield % Chart

PennantPark Floating Rate Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.00 -1.51 10.01 -10.70 22.45

PennantPark Floating Rate Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.03 9.21 31.74 48.04 -102.39

Competitive Comparison of PennantPark Floating Rate Capital's FCF Yield %

For the Asset Management subindustry, PennantPark Floating Rate Capital's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PennantPark Floating Rate Capital's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PennantPark Floating Rate Capital's FCF Yield % distribution charts can be found below:

* The bar in red indicates where PennantPark Floating Rate Capital's FCF Yield % falls into.



PennantPark Floating Rate Capital FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

PennantPark Floating Rate Capital's FCF Yield % for the fiscal year that ended in Sep. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=140.562 / 626.111902
=22.45%

PennantPark Floating Rate Capital's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-181.921 * 4 / 710.68987
=-102.39%

* 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.


PennantPark Floating Rate Capital FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


PennantPark Floating Rate Capital FCF Yield % Related Terms

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PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Business Description

Traded in Other Exchanges
Address
1691 Michigan Avenue, Miami, FL, USA, 33139
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.
Executives
Allorto Richard T Jr officer: CFO and Treasurer C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Jose A Briones director 55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Richard Cheung officer: See Remarks C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Samuel L Katz director 9 WEST 57TH ST, NEW YORK NY 10019
Adam K Bernstein director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Aviv Efrat officer: CFO C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Arthur H Penn director, officer: Chairman and CEO, other: Investment Adviser
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Marshall Brozost director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022