PennantPark Floating Rate Capital Ltd (PFLT) is a business development company that specializes in investments in floating rate loans primarily to middle-market companies. The company's investment objective is to generate current income and capital appreciation by investing in floating rate loans and other investments made to the United States middle-market companies. It is managed by PennantPark Investment Advisers LLC. The company was founded in 2011 and is based in New York, New York.
PFLT stock statistics indicate the company's performance in the stock market. These statistics include key metrics such as the stock price, trading volume, market capitalization, and dividend yield. Investors can use these statistics to assess the company's performance and make informed investment decisions.
Valuation metrics provide insights into the company's valuation compared to its peers and the overall market. These metrics include price-to-earnings ratio, price-to-sales ratio, and price-to-book ratio. They help investors determine whether the stock is undervalued or overvalued relative to its fundamentals and market conditions.
PennantPark Floating Rate Capital Ltd's fundamentals represent the financial health and stability of the company. These fundamentals include revenue, net income, assets, and liabilities. Investors analyze these fundamentals to assess the company's profitability, liquidity, and overall financial performance.
PennantPark Floating Rate Capital Ltd's stock performance compared to its sector provides an indication of how the company's stock has performed relative to other companies in the same sector. This information helps investors evaluate the company's market position and its ability to outperform or underperform its sector.
Revenue per share is a financial metric that represents the amount of revenue generated by each outstanding share of the company's stock. It is calculated by dividing the total revenue by the number of shares outstanding. This metric helps investors assess the company's revenue generation efficiency and growth potential.
The Enterprise to EBITDA ratio is a valuation metric that measures the company's enterprise value relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is used to compare the company's valuation to its operating performance and cash flow generation.
Profit margin is a financial metric that represents the percentage of revenue that becomes profit after deducting all expenses. It is calculated by dividing net income by revenue. Profit margin indicates the company's efficiency in managing its costs and generating profits from its operations.
Total debt represents the company's outstanding debt obligations. It includes both short-term and long-term debt. Investors analyze total debt to assess the company's financial leverage and its ability to meet its debt obligations.
Gross profit is a financial metric that represents the revenue remaining after deducting the cost of goods sold. It is calculated by subtracting the cost of goods sold from total revenue. Gross profit indicates the company's ability to generate revenue and manage its production costs.
The CEO of PennantPark Floating Rate Capital Ltd (PFLT) is Arthur H. Penn. Mr. Penn has been the Chairman and Chief Executive Officer of the company since its inception in 2011. He has over 30 years of experience in the investment management industry and has held various leadership positions throughout his career. Prior to founding PennantPark Investment Advisers LLC, Mr. Penn served as a Managing Director at Apollo Management LP and held senior positions at Nomura Securities International, The Blackstone Group, and Donaldson, Lufkin & Jenrette. He is widely recognized for his expertise in the middle-market lending sector and has been instrumental in the success of PennantPark Floating Rate Capital Ltd.