Pennant Park Investment's quarterly market cap
increased
from Mar. 2024 ($448.74 Mil) to Jun. 2024 ($492.99 Mil) but then
declined
from Jun. 2024 ($492.99 Mil) to Sep. 2024 ($456.42 Mil).
Pennant Park Investment's annual market cap
increased
from Sep. 2022 ($356.13 Mil) to Sep. 2023 ($429.18 Mil) and
increased
from Sep. 2023 ($429.18 Mil) to Sep. 2024 ($456.42 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. Pennant Park Investment's Enterprise Value for Today is $1,175.30 Mil.
Pennant Park Investment Market Cap 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.
Competitive Comparison of Pennant Park Investment's Market Cap
For the Asset Management subindustry, Pennant Park Investment'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.
Pennant Park Investment's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Pennant Park Investment's Market Cap distribution charts can be found below:
* The bar in red indicates where Pennant Park Investment's Market Cap falls into.
Pennant Park Investment 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.
Pennant Park Investment's Market Cap for the fiscal year that ended in Sep. 2024 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 (NYSE:PNNT) 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.
Pennant Park Investment Market Cap Related Terms
Thank you for viewing the detailed overview of Pennant Park Investment's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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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