Pennant Park Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Pennant Park Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $695.35 Mil. Pennant Park Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $499.14 Mil.
Pennant Park Investment's debt to equity for the quarter that ended in Dec. 2023 was 1.39.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Pennant Park Investment's Debt-to-Equity or its related term are showing as below:
PNNT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.93 Max: 1.64
Current: 1.39
During the past 13 years, the highest Debt-to-Equity Ratio of Pennant Park Investment was 1.64. The lowest was 0.64. And the median was 0.93.
Pennant Park Investment Debt-to-Equity Historical Data
The historical data trend for Pennant Park Investment's Debt-to-Equity 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 |
| Debt-to-Equity |
|
|
|
|
|
|
1.18 |
1.08 |
0.92 |
1.20 |
1.03 |
|
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 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.38 |
1.35 |
1.23 |
1.03 |
1.39 |
Competitive Comparison
For the Asset Management subindustry, Pennant Park Investment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Pennant Park Investment Debt-to-Equity Distribution
For the Asset Management industry and Financial Services sector, Pennant Park Investment's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pennant Park Investment's Debt-to-Equity falls into.
Pennant Park Investment Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Pennant Park Investment's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as
Pennant Park Investment's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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.
Pennant Park Investment (Pennant Park Investment) Business Description
Traded in Other Exchanges
Address
1691 Michigan Avenue, Miami Beach, FL, USA, 33139
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 |
Pennant Park Investment (Pennant Park Investment) Headlines
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