Pennant Group Balance Sheet Health
Financial Health criteria checks 4/6
Pennant Group has a total shareholder equity of $145.5M and total debt of $63.9M, which brings its debt-to-equity ratio to 43.9%. Its total assets and total liabilities are $539.7M and $394.2M respectively. Pennant Group's EBIT is $25.2M making its interest coverage ratio 4.3. It has cash and short-term investments of $6.1M.
Key information
43.9%
Debt to equity ratio
US$63.91m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$6.06m |
| Equity | US$145.52m |
| Total liabilities | US$394.18m |
| Total assets | US$539.69m |
Recent financial health updates
Pennant Group (NASDAQ:PNTG) Takes On Some Risk With Its Use Of Debt
Jan 06
Is Pennant Group (NASDAQ:PNTG) A Risky Investment?
Feb 28Pennant Group (NASDAQ:PNTG) Takes On Some Risk With Its Use Of Debt
Jun 28Is Pennant Group (NASDAQ:PNTG) Using Too Much Debt?
Feb 11Is Pennant Group (NASDAQ:PNTG) Using Too Much Debt?
Oct 10Does Pennant Group (NASDAQ:PNTG) Have A Healthy Balance Sheet?
Jun 14Recent updates
The Pennant Group, Inc. (NASDAQ:PNTG) Not Flying Under The Radar
Mar 05Pennant Group (NASDAQ:PNTG) Takes On Some Risk With Its Use Of Debt
Jan 06The Returns On Capital At Pennant Group (NASDAQ:PNTG) Don't Inspire Confidence
May 06Is Pennant Group (NASDAQ:PNTG) A Risky Investment?
Feb 28Investors Could Be Concerned With Pennant Group's (NASDAQ:PNTG) Returns On Capital
Dec 25Pennant Group (NASDAQ:PNTG) Is Reinvesting At Lower Rates Of Return
Sep 02Pennant acquires California-based Ardent Hospice and Palliative Care
Aug 16Pennant Non-GAAP EPS of $0.14 in-line, revenue of $116.3M beats by $4.02M
Aug 08Pennant Group (NASDAQ:PNTG) Takes On Some Risk With Its Use Of Debt
Jun 28Is The Pennant Group, Inc. (NASDAQ:PNTG) Trading At A 48% Discount?
May 18Investors Could Be Concerned With Pennant Group's (NASDAQ:PNTG) Returns On Capital
Apr 29Is Pennant Group (NASDAQ:PNTG) Using Too Much Debt?
Feb 11An Intrinsic Calculation For The Pennant Group, Inc. (NASDAQ:PNTG) Suggests It's 50% Undervalued
Jan 21Pennant Group (NASDAQ:PNTG) Will Want To Turn Around Its Return Trends
Jan 04Is Pennant Group (NASDAQ:PNTG) Using Too Much Debt?
Oct 10The Pennant Group, Inc.'s (NASDAQ:PNTG) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 21Pennant Group (NASDAQ:PNTG) Will Be Hoping To Turn Its Returns On Capital Around
Sep 02The Pennant Group acquires California hospice provider
Jun 17Does Pennant Group (NASDAQ:PNTG) Have A Healthy Balance Sheet?
Jun 14Anthem downgraded while Community Health and Pennant upgraded at RBC, and more in analyst action
Jun 10Does Pennant Group (NASDAQ:PNTG) Deserve A Spot On Your Watchlist?
May 30The Pennant Group, Inc.'s (NASDAQ:PNTG) 25% Cheaper Price Remains In Tune With Earnings
May 15Financial Position Analysis
Short Term Liabilities: PNTG's short term assets ($80.1M) exceed its short term liabilities ($71.5M).
Long Term Liabilities: PNTG's short term assets ($80.1M) do not cover its long term liabilities ($322.6M).
Debt to Equity History and Analysis
Debt Level: PNTG's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: PNTG's debt to equity ratio has increased from 0% to 43.9% over the past 5 years.
Debt Coverage: PNTG's debt is well covered by operating cash flow (51.8%).
Interest Coverage: PNTG's interest payments on its debt are well covered by EBIT (4.3x coverage).