GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PennantPark Floating Rate Capital Ltd (NYSE:PFLT) » Definitions » Debt-to-Asset

PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Debt-to-Asset : 0.49 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is PennantPark Floating Rate Capital Debt-to-Asset?

PennantPark Floating Rate Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. PennantPark Floating Rate Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $671.08 Mil. PennantPark Floating Rate Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $1,359.06 Mil. PennantPark Floating Rate Capital's debt to asset for the quarter that ended in Dec. 2023 was 0.49.


PennantPark Floating Rate Capital Debt-to-Asset Historical Data

The historical data trend for PennantPark Floating Rate Capital's Debt-to-Asset 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 Debt-to-Asset Chart

PennantPark Floating Rate Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.57 0.56 0.55 0.42

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
Debt-to-Asset 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 0.56 0.52 0.47 0.42 0.49

Competitive Comparison of PennantPark Floating Rate Capital's Debt-to-Asset

For the Asset Management subindustry, PennantPark Floating Rate Capital's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PennantPark Floating Rate Capital's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where PennantPark Floating Rate Capital's Debt-to-Asset falls into.



PennantPark Floating Rate Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PennantPark Floating Rate Capital's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

PennantPark Floating Rate Capital's Debt-to-Asset 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.


PennantPark Floating Rate Capital  (NYSE:PFLT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


PennantPark Floating Rate Capital Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of PennantPark Floating Rate Capital's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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