PFLT
Financial ServicesPennantPark Floating Rate Capital Ltd.
$9.40
+$0.00 (+0.00%)
Jan 5, 2026
Price History (1Y)
Analysis
PennantPark Floating Rate Capital Ltd. is a company operating in the Financial Services sector, specifically within the Asset Management industry. It has a market capitalization of $932.65M and revenue of $261.43M (TTM). The company's scale is substantial, although specific employee numbers are not available. The financial health of PennantPark Floating Rate Capital Ltd. appears to be solid, with high profitability metrics: gross margin at 100.0%, operating margin at 77.6%, and profit margin at 25.4%. Returns on equity and assets are also respectable, at 6.8% and 5.1%, respectively. The balance sheet shows a debt-to-equity ratio of 165.35, indicating substantial leverage. However, the company has $122.69M in cash and $73.94M in free cash flow. The valuation context for PennantPark Floating Rate Capital Ltd. is characterized by a P/E ratio (TTM) of 13.06, which is higher than its forward P/E of 7.99. The revenue growth rate is 24.2% (YoY), while earnings growth is -37.9% (YoY). Additionally, the company offers a high dividend yield of 1309.0%, with a payout ratio of 170.8%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About PennantPark Floating Rate Capital Ltd.
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Visit website →Key Statistics
- Market Cap
- $932.65M
- P/E Ratio
- 13.06
- 52-Week High
- $11.50
- 52-Week Low
- $8.40
- Avg Volume
- 1.06M
- Beta
- 0.74
- Dividend Yield
- 1309.00%
Company Info
- Industry
- Asset Management
- Exchange
- NYQ
- Country
- United States