PennantPark Investment Balance Sheet Health
Financial Health criteria checks 0/6
PennantPark Investment has a total shareholder equity of $499.1M and total debt of $695.4M, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are $1.3B and $768.1M respectively. PennantPark Investment's EBIT is $112.8M making its interest coverage ratio 2.9. It has cash and short-term investments of $36.9M.
Key information
139.3%
Debt to equity ratio
US$695.35m
Debt
Interest coverage ratio | 2.9x |
Cash | US$36.89m |
Equity | US$499.14m |
Total liabilities | US$768.10m |
Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 12P's short term assets ($56.5M) do not cover its short term liabilities ($72.7M).
Long Term Liabilities: 12P's short term assets ($56.5M) do not cover its long term liabilities ($695.4M).
Debt to Equity History and Analysis
Debt Level: 12P's net debt to equity ratio (131.9%) is considered high.
Reducing Debt: 12P's debt to equity ratio has increased from 91.3% to 139.3% over the past 5 years.
Debt Coverage: 12P's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 12P's interest payments on its debt are not well covered by EBIT (2.9x coverage).