Pennantpark Floating Rate Cap Financials
Financial Health Signals
Pennantpark Floating Rate Cap passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Pennantpark Floating Rate Cap generates $-10.86 in operating cash flow (-$720.6M OCF vs $66.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Pennantpark Floating Rate Cap (PFLT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Pennantpark Floating Rate Cap reported $66.4M in net income in fiscal year 2025. This represents a decrease of 27.7% from the prior year.
Pennantpark Floating Rate Cap held $122.7M in cash against $0 in long-term debt as of fiscal year 2025.
Pennantpark Floating Rate Cap had 99M shares outstanding in fiscal year 2025. This represents an increase of 27.9% from the prior year.
Pennantpark Floating Rate Cap's ROE was 6.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.3 percentage points from the prior year.
PFLT Income Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1K-99.9% | $1.2M0.0% | $1.2M0.0% | $1.2M+14.3% | $1.1M-16.3% | $1.3M+27.0% | $988K-12.9% | $1.1M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $27K-99.9% | $22.5M+0.1% | $22.5M+0.8% | $22.4M+37.2% | $16.3M+10.9% | $14.7M+64.3% | $8.9M-10.4% | $10.0M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $4K-100.0% | $19.3M+1475.3% | $1.2M-95.7% | $28.3M+67.4% | $16.9M-45.6% | $31.1M+38.5% | $22.5M+301.7% | $5.6M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PFLT Balance Sheet
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.7M-99.9% | $2.5B+2.0% | $2.5B+5.4% | $2.3B+11.2% | $2.1B+30.5% | $1.6B+18.9% | $1.4B+15.2% | $1.2B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $55K-99.9% | $102.7M-7.7% | $111.4M+8.9% | $102.3M-8.7% | $112.0M-10.5% | $125.3M+65.2% | $75.8M-24.6% | $100.6M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.7M-99.9% | $1.4B+2.1% | $1.4B+1.7% | $1.4B+12.2% | $1.2B+37.6% | $895.1M+27.7% | $701.0M+33.3% | $526.0M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.0M-99.9% | $1.1B+1.9% | $1.1B+10.9% | $962.7M+9.7% | $877.3M+21.7% | $720.7M+9.5% | $658.0M+0.7% | $653.6M |
| Retained Earnings | $179K+100.1% | -$134.1M-9.1% | -$122.9M-27.5% | -$96.4M+3.2% | -$99.5M-4.8% | -$94.9M+11.5% | -$107.2M+3.9% | -$111.6M |
PFLT Cash Flow Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $149K+100.4% | -$35.3M+70.1% | -$118.1M+49.2% | -$232.7M+20.2% | -$291.7M-69.0% | -$172.6M+5.1% | -$181.9M-332.6% | $78.2M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $176K-99.3% | $26.6M-79.1% | $127.2M-42.9% | $222.9M-30.2% | $319.2M+43.7% | $222.1M+41.3% | $157.2M+520.9% | -$37.3M |
| Dividends Paid | $31K-99.9% | $30.0M+11.9% | $26.8M+10.1% | $24.3M+9.1% | $22.3M+21.4% | $18.4M+1.6% | $18.1M+3.0% | $17.5M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PFLT Financial Ratios
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 0.3%-1.4pp | 1.8%+1.7pp | 0.1%-2.8pp | 2.9%+0.9pp | 2.1%-2.3pp | 4.3%+0.9pp | 3.4%+2.5pp | 0.9% |
| Return on Assets | 0.1%-0.6pp | 0.8%+0.7pp | 0.1%-1.2pp | 1.2%+0.3pp | 1.0%-1.0pp | 1.9%+0.3pp | 1.7%+1.2pp | 0.5% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 1.61+0.3 | 1.320.0 | 1.32-0.1 | 1.44+0.0 | 1.40+0.2 | 1.24+0.2 | 1.07+0.3 | 0.80 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Pennantpark Floating Rate Cap profitable?
Yes, Pennantpark Floating Rate Cap (PFLT) reported a net income of $66.4M in fiscal year 2025.
What is Pennantpark Floating Rate Cap's return on equity (ROE)?
Pennantpark Floating Rate Cap (PFLT) has a return on equity of 6.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pennantpark Floating Rate Cap's operating cash flow?
Pennantpark Floating Rate Cap (PFLT) generated -$720.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Pennantpark Floating Rate Cap's total assets?
Pennantpark Floating Rate Cap (PFLT) had $2.9B in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Pennantpark Floating Rate Cap have outstanding?
Pennantpark Floating Rate Cap (PFLT) had 99M shares outstanding as of fiscal year 2025.
What is Pennantpark Floating Rate Cap's debt-to-equity ratio?
Pennantpark Floating Rate Cap (PFLT) had a debt-to-equity ratio of 1.71 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pennantpark Floating Rate Cap's return on assets (ROA)?
Pennantpark Floating Rate Cap (PFLT) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pennantpark Floating Rate Cap's cash runway?
Based on fiscal year 2025 data, Pennantpark Floating Rate Cap (PFLT) had $122.7M in cash against an annual operating cash burn of $720.6M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Pennantpark Floating Rate Cap's Piotroski F-Score?
Pennantpark Floating Rate Cap (PFLT) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pennantpark Floating Rate Cap's earnings high quality?
Pennantpark Floating Rate Cap (PFLT) has an earnings quality ratio of -10.86x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.