PennantPark Other Operating Expenses vs Selling General Administrative Analysis

PNNT Stock  USD 7.37  0.07  0.96%   
PennantPark Investment financial indicator trend analysis is much more than just breaking down PennantPark Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennantPark Investment is a good investment. Please check the relationship between PennantPark Investment Other Operating Expenses and its Selling General Administrative accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.

Other Operating Expenses vs Selling General Administrative

Other Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennantPark Investment Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PennantPark Investment's Other Operating Expenses and Selling General Administrative is -0.13. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of PennantPark Investment, assuming nothing else is changed. The correlation between historical values of PennantPark Investment's Other Operating Expenses and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of PennantPark Investment are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., PennantPark Investment's Other Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of PennantPark Investment. It is also known as PennantPark Investment overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Selling General Administrative

Most indicators from PennantPark Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennantPark Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.Tax Provision is likely to gain to about 9.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 5.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses11.9M6.0M6.9M7.0M
Cost Of Revenue114.9M185.7M213.6M224.2M

PennantPark Investment fundamental ratios Correlations

0.90.550.390.790.130.89-0.2-0.73-0.620.97-0.89-0.330.73-0.660.330.910.910.080.290.880.820.330.91-0.740.33
0.90.470.160.49-0.220.97-0.46-0.71-0.580.88-0.8-0.040.66-0.620.340.780.86-0.10.020.790.930.040.79-0.740.16
0.550.470.350.730.510.640.2-0.89-0.90.69-0.8-0.310.68-0.9-0.160.720.630.390.30.680.170.310.72-0.220.56
0.390.160.350.550.620.170.55-0.29-0.160.36-0.4-0.890.56-0.17-0.280.370.330.620.830.140.090.890.36-0.390.81
0.790.490.730.550.640.620.29-0.75-0.730.84-0.85-0.590.67-0.750.180.820.70.390.560.760.290.590.83-0.480.54
0.13-0.220.510.620.64-0.070.79-0.35-0.380.19-0.33-0.680.31-0.36-0.170.30.10.680.640.16-0.410.680.290.020.57
0.890.970.640.170.62-0.07-0.34-0.85-0.750.94-0.9-0.070.69-0.780.330.840.880.010.070.840.810.070.85-0.690.23
-0.2-0.460.20.550.290.79-0.34-0.06-0.1-0.140.0-0.590.11-0.06-0.25-0.12-0.20.630.6-0.27-0.590.59-0.130.040.65
-0.73-0.71-0.89-0.29-0.75-0.35-0.85-0.060.96-0.850.930.24-0.670.96-0.21-0.8-0.74-0.28-0.23-0.78-0.43-0.24-0.80.49-0.43
-0.62-0.58-0.9-0.16-0.73-0.38-0.75-0.10.96-0.770.860.15-0.531.0-0.19-0.75-0.68-0.31-0.19-0.75-0.28-0.15-0.760.35-0.37
0.970.880.690.360.840.190.94-0.14-0.85-0.77-0.95-0.310.76-0.80.30.940.920.150.290.910.730.310.94-0.690.37
-0.89-0.8-0.8-0.4-0.85-0.33-0.90.00.930.86-0.950.36-0.750.88-0.28-0.87-0.83-0.24-0.34-0.83-0.58-0.36-0.880.65-0.46
-0.33-0.04-0.31-0.89-0.59-0.68-0.07-0.590.240.15-0.310.36-0.470.160.25-0.34-0.3-0.65-0.94-0.150.04-1.0-0.330.42-0.67
0.730.660.680.560.670.310.690.11-0.67-0.530.76-0.75-0.47-0.56-0.230.730.750.330.450.620.510.460.73-0.660.54
-0.66-0.62-0.9-0.17-0.75-0.36-0.78-0.060.961.0-0.80.880.16-0.56-0.21-0.79-0.72-0.3-0.2-0.79-0.33-0.16-0.80.38-0.35
0.330.34-0.16-0.280.18-0.170.33-0.25-0.21-0.190.3-0.280.25-0.23-0.210.150.1-0.27-0.280.240.34-0.250.16-0.25-0.34
0.910.780.720.370.820.30.84-0.12-0.8-0.750.94-0.87-0.340.73-0.790.150.950.250.330.960.640.341.0-0.590.32
0.910.860.630.330.70.10.88-0.2-0.74-0.680.92-0.83-0.30.75-0.720.10.950.210.320.90.760.30.96-0.710.32
0.08-0.10.390.620.390.680.010.63-0.28-0.310.15-0.24-0.650.33-0.3-0.270.250.210.770.01-0.240.650.24-0.080.44
0.290.020.30.830.560.640.070.6-0.23-0.190.29-0.34-0.940.45-0.2-0.280.330.320.770.12-0.060.940.32-0.420.6
0.880.790.680.140.760.160.84-0.27-0.78-0.750.91-0.83-0.150.62-0.790.240.960.90.010.120.650.150.96-0.520.16
0.820.930.170.090.29-0.410.81-0.59-0.43-0.280.73-0.580.040.51-0.330.340.640.76-0.24-0.060.65-0.040.65-0.690.0
0.330.040.310.890.590.680.070.59-0.24-0.150.31-0.36-1.00.46-0.16-0.250.340.30.650.940.15-0.040.33-0.420.67
0.910.790.720.360.830.290.85-0.13-0.8-0.760.94-0.88-0.330.73-0.80.161.00.960.240.320.960.650.33-0.580.32
-0.74-0.74-0.22-0.39-0.480.02-0.690.040.490.35-0.690.650.42-0.660.38-0.25-0.59-0.71-0.08-0.42-0.52-0.69-0.42-0.58-0.29
0.330.160.560.810.540.570.230.65-0.43-0.370.37-0.46-0.670.54-0.35-0.340.320.320.440.60.160.00.670.32-0.29
Click cells to compare fundamentals

PennantPark Investment Account Relationship Matchups

PennantPark Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.3B1.2B1.3B1.2B
Short Long Term Debt Total568.3M607.3M704.5M516.8M594.4M483.5M
Other Current Liab(15.5M)(21.4M)(145.5M)(126.6M)(145.6M)(138.3M)
Total Current Liabilities15.5M21.4M16.0M126.6M145.6M138.3M
Total Stockholder Equity525.7M660.1M585.6M502.2M577.5M602.9M
Net Debt542.5M587.0M651.8M382.4M439.8M417.9M
Retained Earnings(262.0M)(126.9M)(162.7M)(244.3M)(219.9M)(208.9M)
Accounts Payable15.5M21.4M16.0M126.6M114.0M119.7M
Cash25.8M20.4M52.7M134.4M121.0M127.0M
Non Current Assets Total1.1B1.3B1.2B1.0B1.2B1.1B
Non Currrent Assets Other(1.1B)(1.3B)(1.2B)(1.0B)(901.7M)(946.8M)
Other Assets376.0K1.3B4.0M4.7M5.4M5.6M
Cash And Short Term Investments25.8M20.4M52.7M134.4M121.0M127.0M
Net Receivables6.4M19.4M35.5M11.9M13.7M15.1M
Common Stock Shares Outstanding70.7M67.7M67.0M65.2M75.0M60.9M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.2B1.3B1.2B
Non Current Liabilities Total568.3M607.3M16.0M516.8M465.2M441.9M
Other Stockholder Equity787.6M787.0M748.2M746.5M858.4M716.8M
Total Liab588.6M634.9M732.9M650.7M748.3M552.0M
Total Current Assets32.2M39.8M88.2M146.3M131.7M125.1M
Other Current Assets(32.2M)(39.8M)(90.3M)(50.7M)(45.6M)(43.3M)
Short Term Debt83.8B230.4B145.5M169.1M152.2M144.6M
Net Tangible Assets525.7M660.1M585.6M502.2M452.0M505.5M
Long Term Investments1.1B1.3B1.2B1.0B901.7M947.3M
Net Invested Capital1.1B1.3B1.3B1.0B917.1M942.0M
Current Deferred Revenue(72.2B)(83.8B)(230.3B)(42.5M)(48.9M)(51.3M)
When determining whether PennantPark Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Investment Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Investment Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running PennantPark Investment's price analysis, check to measure PennantPark Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.
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Is PennantPark Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennantPark Investment. If investors know PennantPark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennantPark Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.578
Dividend Share
0.8
Earnings Share
0.74
Revenue Per Share
2.296
Quarterly Revenue Growth
0.146
The market value of PennantPark Investment is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Investment's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennantPark Investment's market value can be influenced by many factors that don't directly affect PennantPark Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennantPark Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.