PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Market Cap : $708.10 Mil (As of Apr. 26, 2024)

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What is PennantPark Floating Rate Capital Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PennantPark Floating Rate Capital's share price for the quarter that ended in Dec. 2023 was $12.1. PennantPark Floating Rate Capital's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 58.73 Mil. Therefore, PennantPark Floating Rate Capital's market cap for the quarter that ended in Dec. 2023 was $710.69 Mil.

PennantPark Floating Rate Capital's quarterly market cap increased from Jun. 2023 ($591.47 Mil) to Sep. 2023 ($626.11 Mil) and increased from Sep. 2023 ($626.11 Mil) to Dec. 2023 ($710.69 Mil).

PennantPark Floating Rate Capital's annual market cap declined from Sep. 2021 ($497.28 Mil) to Sep. 2022 ($435.32 Mil) but then increased from Sep. 2022 ($435.32 Mil) to Sep. 2023 ($626.11 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PennantPark Floating Rate Capital's Enterprise Value for Today is $1,303.36 Mil.

PennantPark Floating Rate Capital Market Cap Historical Data

The historical data trend for PennantPark Floating Rate Capital's Market Cap 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 Market Cap Chart

PennantPark Floating Rate Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Market Cap

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449.76

327.24

497.28

435.32

626.11

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
Market Cap	Get a 7-Day Free Trial															498.84	527.65	591.47	626.11	710.69

Competitive Comparison of PennantPark Floating Rate Capital's Market Cap

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

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

* The bar in red indicates where PennantPark Floating Rate Capital's Market Cap falls into.

PennantPark Floating Rate Capital Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

PennantPark Floating Rate Capital's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )	=	Share Price (A: Sep. 2023 )	*	Shares Outstanding (EOP) (A: Sep. 2023 )
	=	$10.66	*	58.7347
	=	$626.11

PennantPark Floating Rate Capital's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$12.1	*	58.7347
	=	$710.69

PennantPark Floating Rate Capital (NYSE:PFLT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

PennantPark Floating Rate Capital Market Cap Related Terms

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

Industry

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

Comparable Companies

Traded in Other Exchanges

PFLT:Israel 22P:Germany

Address

1691 Michigan Avenue, Miami, FL, USA, 33139

Website

https://www.pennantpark.com

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