Pennant Group Balance Sheet Health
Financial Health criteria checks 3/6
Pennant Group has a total shareholder equity of $173.0M and total debt of $82.2M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are $602.5M and $429.5M respectively. Pennant Group's EBIT is $32.0M making its interest coverage ratio 4.9. It has cash and short-term investments of $3.0M.
Key information
47.5%
Debt to equity ratio
US$82.17m
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$3.04m |
| Equity | US$172.99m |
| Total liabilities | US$429.47m |
| Total assets | US$602.47m |
Recent financial health updates
Here's Why Pennant Group (NASDAQ:PNTG) Can Manage Its Debt Responsibly
May 14
Pennant 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 10Financial Position Analysis
Short Term Liabilities: PNTG's short term assets ($94.1M) exceed its short term liabilities ($83.7M).
Long Term Liabilities: PNTG's short term assets ($94.1M) do not cover its long term liabilities ($345.8M).
Debt to Equity History and Analysis
Debt Level: PNTG's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: PNTG's debt to equity ratio has increased from 0% to 47.5% over the past 5 years.
Debt Coverage: PNTG's debt is well covered by operating cash flow (34.8%).
Interest Coverage: PNTG's interest payments on its debt are well covered by EBIT (4.9x coverage).