What is Pennant Group Debt-to-Equity?
Pennant Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.1 Mil. Pennant Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $312.5 Mil. Pennant Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $140.3 Mil.
Pennant Group's debt to equity for the quarter that ended in Dec. 2023 was 2.35.
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 Group's Debt-to-Equity or its related term are showing as below:
PNTG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.35 Med: 3.22 Max: 4.71
Current: 2.35
During the past 8 years, the highest Debt-to-Equity Ratio of Pennant Group was 4.71. The lowest was 2.35. And the median was 3.22.
Pennant Group Debt-to-Equity Historical Data
The historical data trend for Pennant Group'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.
Pennant Group Debt-to-Equity Chart
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Pennant Group Annual Data
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Trend |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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4.71 |
3.30 |
3.22 |
2.70 |
2.35 |
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Pennant Group Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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2.70 |
2.60 |
2.51 |
2.38 |
2.35 |
Competitive Comparison of Pennant Group's Debt-to-Equity
For the Medical Care Facilities subindustry, Pennant Group'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 Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Pennant Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pennant Group's Debt-to-Equity falls into.
Pennant Group Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Pennant Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Pennant Group'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 Group (Pennant Group) Business Description
Traded in Other Exchanges
Address
1675 East Riverside Drive, Suite 150, Eagle, ID, USA, 83616
Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health and hospice services which includes our home health, hospice, and home care businesses and Senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Iowa, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The majority of the revenue is generated from the Home Health and Hospice Services segment.
Executives
| Jennifer Freeman |
officer: Chief Financial Officer |
C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616 |
| Lynette Walbom |
officer: Chief Financial Officer |
1675 E. RIVERSIDE DR., SUITE 150, EAGLE ID 83616 |
| John J Gochnour |
officer: Chief Operating Officer |
C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 100, EAGLE ID 83616 |
| Joanne Stringfield |
director |
C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616 |
| Barry M Smith |
director |
4800 N SCOTTSDALE RD, SUITE 5000, SCOTTSDALE AZ 85251 |
| John G. Nackel |
director |
27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691 |
| Christopher R. Christensen |
director |
27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691 |
| Morris Gregory K Sr. |
director |
1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616 |
| Daniel H Walker |
director, officer: See Remarks |
C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616 |
| Brent Guerisoli |
officer: President |
1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616 |
| Derek J Bunker |
officer: See Remarks |
C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616 |
| Scott E Lamb |
director |
ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673 |
| Roderic W Lewis |
director |
|
| Covey Stephen M R |
director |
|
| Ensign Group, Inc |
10 percent owner |
29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675 |
Pennant Group (Pennant Group) Headlines
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