Pennant Intangible Assets from 2010 to 2026

PNTG Stock  USD 27.63  2.91  9.53%   
Pennant's Intangible Assets are increasing over the last several years with slightly volatile swings. Intangible Assets are predicted to flatten to about 55.7 M. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2018-03-31
Previous Quarter
117.2 M
Current Value
121.5 M
Quarterly Volatility
29.3 M
 
Covid
 
Interest Hikes
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant's main balance sheet or income statement drivers, such as Tax Provision of 4.1 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.6 M, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0101 or PTB Ratio of 3.08. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
  
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Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Pennant Group over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Pennant's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pennant's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Pennant Intangible Assets Regression Statistics

Arithmetic Mean43,049,863
Geometric Mean36,609,609
Coefficient Of Variation64.14
Mean Deviation22,205,956
Median25,214,000
Standard Deviation27,610,305
Sample Variance762.3T
Range87.7M
R-Value0.82
Mean Square Error262.2T
R-Squared0.68
Significance0.000049
Slope4,500,466
Total Sum of Squares12197.3T

Pennant Intangible Assets History

202655.7 M
2025110.6 M
202496.2 M
202367.7 M
202258.6 M
202153.7 M
202047.5 M

About Pennant Financial Statements

Pennant stakeholders use historical fundamental indicators, such as Pennant's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Pennant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pennant's assets and liabilities are reflected in the revenues and expenses on Pennant's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Pennant Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets110.6 M55.7 M

Currently Active Assets on Macroaxis

When determining whether Pennant Group is a strong investment it is important to analyze Pennant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pennant's future performance. For an informed investment choice regarding Pennant Stock, refer to the following important reports:
Check out the analysis of Pennant Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Can Health Care Providers & Services industry sustain growth momentum? Does Pennant have expansion opportunities? Factors like these will boost the valuation of Pennant. Anticipated expansion of Pennant directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Pennant demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.15)
Earnings Share
0.75
Revenue Per Share
24.577
Quarterly Revenue Growth
0.268
Return On Assets
0.038
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Pennant's market value can be influenced by many factors that don't directly affect Pennant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Pennant's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pennant should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pennant's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.