PennantPark Income Tax Expense vs Research Development Analysis

PFLT Stock

USD 11.10 0.14 1.25%

PennantPark Floating financial indicator trend analysis is much more than just breaking down PennantPark Floating Rate prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PennantPark Floating Rate is a good investment. Please check the relationship between PennantPark Floating Income Tax Expense and its Research Development accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Research Development

Income Tax Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PennantPark Floating Rate Income Tax Expense account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between PennantPark Floating's Income Tax Expense and Research Development is -0.19. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Research Development in the same time period over historical financial statements of PennantPark Floating Rate, assuming nothing else is changed. The correlation between historical values of PennantPark Floating's Income Tax Expense and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of PennantPark Floating Rate are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Income Tax Expense i.e., PennantPark Floating's Income Tax Expense and Research Development go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Tax Expense

Research Development

Most indicators from PennantPark Floating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PennantPark Floating Rate current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, PennantPark Floating's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 258.3 M in 2025, whereas Tax Provision is likely to drop slightly above 910.8 K in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	42.2M	110.3M	126.8M	133.2M
Total Revenue	42.2M	110.3M	126.8M	133.2M

Gross Profit Total Revenue

PennantPark Floating fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt
Total Assets		0.03	-0.64	0.34	0.98	-0.27	-0.17	-0.81	0.74	0.95	1.0	0.04	0.61	0.95	0.33	0.72	0.99	0.96	-0.06	0.98	0.99	0.94	0.98	0.83	1.0	0.56
Short Long Term Debt Total	0.03		0.57	0.58	0.03	-0.06	0.37	0.14	0.38	0.12	0.03	-0.1	0.17	0.12	-0.2	0.2	0.04	-0.19	-0.22	0.0	0.03	0.08	-0.03	0.17	0.02	0.25
Other Current Liab	-0.64	0.57		0.34	-0.59	0.52	0.43	0.71	-0.19	-0.59	-0.64	-0.1	-0.14	-0.59	-0.26	-0.28	-0.59	-0.77	-0.06	-0.63	-0.66	-0.59	-0.66	-0.41	-0.67	-0.04
Total Current Liabilities	0.34	0.58	0.34		0.36	0.29	-0.05	0.03	0.68	0.28	0.34	-0.31	0.33	0.28	-0.1	0.32	0.34	0.14	0.16	0.31	0.32	0.23	0.3	0.36	0.32	0.46
Total Stockholder Equity	0.98	0.03	-0.59	0.36		-0.17	-0.19	-0.78	0.77	0.96	0.98	0.0	0.59	0.96	0.29	0.75	0.99	0.92	0.0	1.0	0.95	0.95	0.99	0.87	0.97	0.52
Other Liab	-0.27	-0.06	0.52	0.29	-0.17		0.11	0.46	-0.08	-0.36	-0.27	-0.04	0.08	-0.36	0.02	-0.01	-0.22	-0.3	0.06	-0.22	-0.33	-0.32	-0.24	-0.08	-0.3	0.04
Net Debt	-0.17	0.37	0.43	-0.05	-0.19	0.11		-0.1	-0.3	-0.15	-0.17	0.38	0.45	-0.15	0.25	0.37	-0.12	-0.19	-0.49	-0.17	-0.15	-0.16	-0.22	0.12	-0.21	0.43
Retained Earnings	-0.81	0.14	0.71	0.03	-0.78	0.46	-0.1		-0.37	-0.84	-0.8	-0.07	-0.64	-0.84	-0.31	-0.73	-0.83	-0.82	0.06	-0.83	-0.8	-0.79	-0.83	-0.8	-0.8	-0.57
Accounts Payable	0.74	0.38	-0.19	0.68	0.77	-0.08	-0.3	-0.37		0.76	0.74	-0.18	0.25	0.76	0.02	0.5	0.74	0.57	0.19	0.74	0.71	0.73	0.74	0.65	0.73	0.42
Cash	0.95	0.12	-0.59	0.28	0.96	-0.36	-0.15	-0.84	0.76		0.95	-0.03	0.56	1.0	0.22	0.72	0.97	0.89	0.0	0.97	0.93	0.98	0.97	0.87	0.95	0.54
Non Current Assets Total	1.0	0.03	-0.64	0.34	0.98	-0.27	-0.17	-0.8	0.74	0.95		0.04	0.61	0.95	0.32	0.72	0.99	0.96	-0.05	0.98	0.99	0.94	0.98	0.83	1.0	0.56
Other Assets	0.04	-0.1	-0.1	-0.31	0.0	-0.04	0.38	-0.07	-0.18	-0.03	0.04		0.19	-0.03	0.86	0.25	0.03	0.13	-0.89	0.0	0.07	0.14	-0.02	0.07	0.03	0.18
Long Term Debt	0.61	0.17	-0.14	0.33	0.59	0.08	0.45	-0.64	0.25	0.56	0.61	0.19		0.56	0.46	0.82	0.65	0.6	-0.36	0.6	0.61	0.57	0.57	0.74	0.57	0.86
Cash And Short Term Investments	0.95	0.12	-0.59	0.28	0.96	-0.36	-0.15	-0.84	0.76	1.0	0.95	-0.03	0.56		0.22	0.72	0.97	0.89	0.0	0.97	0.93	0.98	0.97	0.87	0.95	0.54
Net Receivables	0.33	-0.2	-0.26	-0.1	0.29	0.02	0.25	-0.31	0.02	0.22	0.32	0.86	0.46	0.22		0.46	0.33	0.41	-0.75	0.3	0.34	0.39	0.29	0.34	0.3	0.4
Common Stock Total Equity	0.72	0.2	-0.28	0.32	0.75	-0.01	0.37	-0.73	0.5	0.72	0.72	0.25	0.82	0.72	0.46		0.77	0.65	-0.29	0.76	0.69	0.71	0.72	0.94	0.68	0.74
Common Stock Shares Outstanding	0.99	0.04	-0.59	0.34	0.99	-0.22	-0.12	-0.83	0.74	0.97	0.99	0.03	0.65	0.97	0.33	0.77		0.94	-0.04	0.99	0.97	0.96	0.99	0.88	0.98	0.61
Non Current Liabilities Total	0.96	-0.19	-0.77	0.14	0.92	-0.3	-0.19	-0.82	0.57	0.89	0.96	0.13	0.6	0.89	0.41	0.65	0.94		-0.1	0.93	0.97	0.9	0.94	0.74	0.96	0.52
Other Current Assets	-0.06	-0.22	-0.06	0.16	0.0	0.06	-0.49	0.06	0.19	0.0	-0.05	-0.89	-0.36	0.0	-0.75	-0.29	-0.04	-0.1		0.0	-0.09	-0.15	0.02	-0.1	-0.04	-0.24
Other Stockholder Equity	0.98	0.0	-0.63	0.31	1.0	-0.22	-0.17	-0.83	0.74	0.97	0.98	0.0	0.6	0.97	0.3	0.76	0.99	0.93	0.0		0.96	0.95	1.0	0.88	0.97	0.53
Total Liab	0.99	0.03	-0.66	0.32	0.95	-0.33	-0.15	-0.8	0.71	0.93	0.99	0.07	0.61	0.93	0.34	0.69	0.97	0.97	-0.09	0.96		0.92	0.96	0.79	0.99	0.57
Total Current Assets	0.94	0.08	-0.59	0.23	0.95	-0.32	-0.16	-0.79	0.73	0.98	0.94	0.14	0.57	0.98	0.39	0.71	0.96	0.9	-0.15	0.95	0.92		0.95	0.84	0.93	0.54
Common Stock	0.98	-0.03	-0.66	0.3	0.99	-0.24	-0.22	-0.83	0.74	0.97	0.98	-0.02	0.57	0.97	0.29	0.72	0.99	0.94	0.02	1.0	0.96	0.95		0.86	0.97	0.51
Net Tangible Assets	0.83	0.17	-0.41	0.36	0.87	-0.08	0.12	-0.8	0.65	0.87	0.83	0.07	0.74	0.87	0.34	0.94	0.88	0.74	-0.1	0.88	0.79	0.84	0.86		0.81	0.72
Long Term Investments	1.0	0.02	-0.67	0.32	0.97	-0.3	-0.21	-0.8	0.73	0.95	1.0	0.03	0.57	0.95	0.3	0.68	0.98	0.96	-0.04	0.97	0.99	0.93	0.97	0.81		0.55
Short Long Term Debt	0.56	0.25	-0.04	0.46	0.52	0.04	0.43	-0.57	0.42	0.54	0.56	0.18	0.86	0.54	0.4	0.74	0.61	0.52	-0.24	0.53	0.57	0.54	0.51	0.72	0.55

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PennantPark Floating Account Relationship Matchups

PennantPark Floating fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2B	1.2B	1.2B	2.1B	2.4B	2.5B
Short Long Term Debt Total	652.6M	672.8M	495.4M	183.8M	211.4M	200.8M
Other Current Liab	(10.2M)	(12.5M)	8.0M	(228.9M)	(206.0M)	(195.7M)
Total Current Liabilities	22.7M	217.4M	27.5M	244.5M	281.1M	172.3M
Total Stockholder Equity	490.6M	527.1M	653.6M	877.3M	1.0B	1.1B
Net Debt	602.8M	624.9M	394.9M	(112.1M)	(128.9M)	(122.4M)
Retained Earnings	(48.2M)	(91.0M)	(111.6M)	(99.5M)	(89.6M)	(85.1M)
Accounts Payable	10.2M	12.5M	19.5M	45.0M	51.8M	54.4M
Cash	49.8M	47.9M	100.6M	112.1M	128.9M	135.3M
Non Current Assets Total	1.1B	1.2B	1.1B	2.0B	2.3B	2.4B
Other Assets	1.2B	25.9M	566.0K	1.1M	1.3M	1.2M
Cash And Short Term Investments	49.8M	47.9M	100.0M	112.1M	128.9M	135.3M
Net Receivables	39.4M	11.0M	11.0M	12.8M	14.7M	10.3M
Common Stock Shares Outstanding	38.8M	41.1M	50.8M	65.7M	75.6M	79.4M
Liabilities And Stockholders Equity	1.2B	1.2B	1.2B	2.1B	2.4B	2.5B
Non Current Liabilities Total	652.6M	523.0M	495.4M	1.0B	1.2B	1.3B
Other Current Assets	(141.3M)	748K	894K	489K	440.1K	462.1K
Other Stockholder Equity	538.8M	618.0M	765.2M	976.7M	1.1B	1.2B
Total Liab	680.2M	696.8M	526.0M	1.2B	1.4B	1.5B
Total Current Assets	89.2M	33.7M	111.9M	125.3M	144.1M	151.3M
Common Stock	38.9K	45K	59K	78K	89.7K	94.2K
Net Tangible Assets	477.3M	490.6M	527.1M	653.6M	751.6M	507.0M
Long Term Investments	1.1B	1.2B	1.1B	2.0B	2.3B	2.4B
Short Term Debt	208.3B	217.4M	259.3M	183.8M	211.4M	200.8M
Non Currrent Assets Other	(1.2B)	(1.2B)	(1.1B)	(2.0B)	(1.8B)	(1.7B)
Net Invested Capital	1.1B	1.2B	1.1B	2.1B	2.4B	1.3B
Current Deferred Revenue	(135.2B)	(129.3B)	(208.3B)	(239.7M)	(275.7M)	(289.5M)
Capital Stock	38.9K	45K	59K	78K	89.7K	53.0K

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