PennantPark Floating Rate Capital Ltd
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PFLT PennantPark Floating Rate Capital Ltd
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Financials : Capital Markets | Small Cap Value
Company profile

PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. The Company is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to the United States (U.S) middle-market companies. Interest on floating rate loans is determined periodically, on the basis of a floating base lending rate, such as LIBOR, with or without a floor, plus a fixed spread. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets will be invested in floating rate loans and other investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions.

Postmarket

Last Trade
Delayed
$11.08
0.07 (0.64%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$11.01
Day's Change
0.03 (0.27%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
11.08
Day's Low
10.97
Volume
(Light)
Volume:
336,914

10-day average volume:
971,064
336,914

Company Profile

PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. The Company is a business development company, whose objectives are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to the United States (U.S) middle-market companies. Interest on floating rate loans is determined periodically, on the basis of a floating base lending rate, such as LIBOR, with or without a floor, plus a fixed spread. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets will be invested in floating rate loans and other investments. The Company’s debt investments may generally range in maturity from three to ten years and are made to U.S. and, to a limited extent, non-U.S. corporations, partnerships and other business entities which operate in various industries and geographical regions.

Valuation Ratios

Price/Earnings (TTM)
81.38x
Price/Sales (TTM)
5.24x
Price/Book (MRQ)
0.94x
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend

Short Interest

January 2023
Current Month
1.1M
Previous Month
939.2K
Percent of Float
2.47%
Days to Cover
4.8695 Days

Share Information

PFLT is in a share class of common stock
Float
44.5M
Shares Outstanding
50.3M
Institutions Holding Shares
98
22.64%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in thousands.

Cash flow

Values displayed are in thousands.

Company Officers

No company officers listed.

Address

Insider Trading

No insider trading activity.

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