Adam Katz - PennantPark Floating MD Counsel

PFLT Stock  USD 11.04  0.01  0.09%   

Executive

Adam Katz is MD Counsel of PennantPark Floating Rate
Address 1691 Michigan Avenue, Miami Beach, FL, United States, 33139
Phone212-905-1000
Webhttps://pflt.pennantpark.com

PennantPark Floating Management Efficiency

The company has return on total asset (ROA) of 0.0544 % which means that it generated a profit of $0.0544 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1383 %, meaning that it created $0.1383 on every $100 dollars invested by stockholders. PennantPark Floating's management efficiency ratios could be used to measure how well PennantPark Floating manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.04 in 2024. Return On Capital Employed is likely to drop to 0.08 in 2024. Change To Liabilities is likely to gain to about 2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 30 M in 2024.
PennantPark Floating Rate currently holds 495.43 M in liabilities with Debt to Equity (D/E) ratio of 1.5, which is about average as compared to similar companies. PennantPark Floating Rate has a current ratio of 2.57, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about PennantPark Floating's use of debt, we should always consider it together with its cash and equity.

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PennantPark Floating Rate Capital Ltd. is a business development company. In case of floating rate loans, it holds investments for a period of three to ten years. Pennantpark Fltng operates under Asset Management classification in the United States and is traded on New York Stock Exchange. PennantPark Floating Rate (PFLT) is traded on New York Stock Exchange in USA. It is located in 1691 Michigan Avenue, Miami Beach, FL, United States, 33139 and employs 17 people. PennantPark Floating is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

PennantPark Floating Rate Leadership Team

Elected by the shareholders, the PennantPark Floating's board of directors comprises two types of representatives: PennantPark Floating inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennantPark. The board's role is to monitor PennantPark Floating's management team and ensure that shareholders' interests are well served. PennantPark Floating's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennantPark Floating's outside directors are responsible for providing unbiased perspectives on the board's policies.
Allorto CPA, CFO Treasurer
Richard Houten, Senior Houston
CPA Allorto, CFO Treasurer
Brian Kendall, Senior President
Sarah Villa, Director Resources
Matthew Visgilio, Manager Operations
Salvatore III, Partner
Frank CFA, Chief Officer
Scott McCabe, MD Miami
Adam Katz, MD Counsel
JD Williams, Partner
Thomas Kelley, Senior President
Jose Briones, Partner Director
Thomas Esq, Secretary
Arthur Penn, Chairman Founder
Guy JD, Chief Officer
Boaz Magid, Head MD

PennantPark Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PennantPark Floating a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for PennantPark Stock Analysis

When running PennantPark Floating's price analysis, check to measure PennantPark Floating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.