Pennant Non Currrent Assets Other from 2010 to 2024

PNTG Stock  USD 30.50  0.28  0.91%   
Pennant's Non Currrent Assets Other are increasing over the last several years with slightly volatile swings. Non Currrent Assets Other are predicted to flatten to about 5.8 M. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
2018-03-31
Previous Quarter
12 M
Current Value
12.2 M
Quarterly Volatility
3.8 M
 
Covid
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 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0101 or PTB Ratio of 2.81. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
  
Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Pennant Group over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Pennant's Non Currrent Assets Other 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.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Pennant Non Currrent Assets Other Regression Statistics

Arithmetic Mean3,746,932
Geometric Mean3,071,635
Coefficient Of Variation75.03
Mean Deviation2,138,976
Median1,951,000
Standard Deviation2,811,365
Sample Variance7.9T
Range8.6M
R-Value0.77
Mean Square Error3.4T
R-Squared0.60
Significance0.0007
Slope485,421
Total Sum of Squares110.7T

Pennant Non Currrent Assets Other History

20245.8 M
20239.3 M
202210.5 M
20214.8 M
20204.3 M
20193.4 M
20182.5 M

About Pennant Financial Statements

Pennant stakeholders use historical fundamental indicators, such as Pennant's Non Currrent Assets Other, 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
Non Currrent Assets Other9.3 M5.8 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pennant. If investors know Pennant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pennant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.365
Earnings Share
0.68
Revenue Per Share
21.663
Quarterly Revenue Growth
0.289
Return On Assets
0.0383
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
Please note, there is a significant difference between Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.