Pennant Group Balance Sheet Health
Financial Health criteria checks 3/6
Pennant Group has a total shareholder equity of $164.2M and total debt of $83.3M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are $578.2M and $414.0M respectively. Pennant Group's EBIT is $28.7M making its interest coverage ratio 4.6. It has cash and short-term investments of $2.7M.
Key information
50.7%
Debt to equity ratio
US$83.29m
Debt
Interest coverage ratio | 4.6x |
Cash | US$2.72m |
Equity | US$164.23m |
Total liabilities | US$414.01m |
Total assets | US$578.24m |
Recent financial health updates
Here's Why Pennant Group (NASDAQ:PNTG) Can Manage Its Debt Responsibly
May 14Pennant Group (NASDAQ:PNTG) Takes On Some Risk With Its Use Of Debt
Jan 06Is 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 10Recent updates
Here's Why Pennant Group (NASDAQ:PNTG) Can Manage Its Debt Responsibly
May 14The 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 02Financial Position Analysis
Short Term Liabilities: PNTG's short term assets ($87.1M) exceed its short term liabilities ($75.2M).
Long Term Liabilities: PNTG's short term assets ($87.1M) do not cover its long term liabilities ($338.8M).
Debt to Equity History and Analysis
Debt Level: PNTG's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: PNTG's debt to equity ratio has increased from 0% to 50.7% over the past 5 years.
Debt Coverage: PNTG's debt is well covered by operating cash flow (29.6%).
Interest Coverage: PNTG's interest payments on its debt are well covered by EBIT (4.6x coverage).