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Pennant Park InvestmentPNNT -0.41%18 Equity-to-Asset is 0.34 as of Jun. 2026, which is 23% below its 10-year median of 0.44. GuruFocus rates PNNT with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,618 Asset Management companies, Pennant Park Investment ranks worse than 89.62% on this metric.
Pennant Park Investment (NYSE:PNNT) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Pennant Park Investment Equity-to-Asset Related Terms
Pennant Park Investment Equity-to-Asset Historical Data
* 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.
For the Asset Management subindustry, Pennant Park Investment's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Pennant Park Investment Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pennant Park Investment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Pennant Park Investment's Equity-to-Asset falls into.
Pennant Park Investment Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Pennant Park Investment's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 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 (PNNT) has a Equity-to-Asset of 0.34 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pennant Park Investment and its competitors. This is 23% below median its historical median of 0.44. Over the past decade, Pennant Park Investment's Equity-to-Asset has ranged from 0.34 to 0.56. According to the industry distribution chart, Pennant Park Investment ranks #1450 out of 1618 companies in the Asset Management industry, placing it in the top 89.6%.
Is Pennant Park Investment's Equity-to-Asset too high?
Pennant Park Investment's current Equity-to-Asset of 0.34 is 23% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.56. The Asset Management industry median Equity-to-Asset is 0.83. Pennant Park Investment's value of 0.34 is 59% below this industry median. Based on the distribution chart, Pennant Park Investment ranks #1450 out of 1618 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pennant Park Investment has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Pennant Park Investment's Equity-to-Asset compare to JRS and MMT?
According to the Asset Management industry distribution chart, Pennant Park Investment ranks #1450 out of 1618 companies for Equity-to-Asset. This places Pennant Park Investment in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Pennant Park Investment's value of 0.34 is 59% below this benchmark. Historically, Pennant Park Investment's own Equity-to-Asset has ranged from 0.34 to 0.56 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.83, Pennant Park Investment has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pennant Park Investment's current Equity-to-Asset of 0.34 is 59% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Pennant Park Investment and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pennant Park Investment's current Equity-to-Asset is 0.34, which is 23% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pennant Park Investment stock overvalued right now?
Pennant Park Investment (PNNT) has a current Equity-to-Asset of 0.34. The current Equity-to-Asset is 0.34, which is 23% below median its 10-year median of 0.44 and 59% below the Asset Management industry median of 0.83. Pennant Park Investment's overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Pennant Park Investment (PNNT), the current Equity-to-Asset is 0.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
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