PennantPark Investment Corporation Financial Ratios — 12P

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Return on Common Equity (%)	2.42	11.19	13.43	14.55	-1.33	2.76	9.57	7.48	2.63	-2.88	28.1	-3.97	-6.22	9.81	6.83
Return on Assets (%)	1.25	6.51	8.45	8.65	-0.74	1.44	5.06	4.04	1.3	-1.33	13.83	-1.89	-2.73	3.84	2.39
Return on Capital (%)	2.1	8.26	- -	9.19	- -	1.49	5.19	4.14	1.33	- -	14.11	- -	- -	4.28	2.65
Return on Invested Capital (%)	7	6.29	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	6.72	81.35	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	329.59	75.23	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	364.34	90.55	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	18.02	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	65.69	83.47	91.27	88.7	228.2	97.09	93.43	93.78	59.14	149.81	97.61	339.94	129.6	88.78	84.5
Profit Margin (%)	64.25	83.07	91.32	88.64	228.2	86.27	90.93	93.78	55	161.98	97.26	498.79	167.64	83.49	78.36
Net Income to Common Margin (%)	64.25	83.07	91.32	88.64	228.2	86.27	90.93	93.78	55	161.98	97.26	498.79	167.64	83.49	78.36
Effective Tax Rate (%)	2.18	0.48	- -	0.07	- -	11.14	2.68	- -	7.01	- -	0.36	- -	- -	5.96	7.27
Dvd Payout Ratio (%)	385.67	81.54	74.64	66.19	-818.6	428.64	105.94	106.83	306.51	-277.08	19.31	-140.87	-135.05	134.91	207.5
Sustainable Growth Rate (%)	-6.9	2.07	3.4	4.92	-12.19	-9.06	-0.57	-0.51	-5.43	-10.87	22.67	-9.57	-14.61	-3.42	-7.35

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Debt	389	294	364	527	603	560	526	504	684	568	607	705	517	772	739
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	389	294	364	527	603	560	526	504	684	568	607	705	517	772	739
Total Debt/EBITDA	7.39	5.13	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	6.03	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	7.39	5.13	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	6.03	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	9.89	4.91	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	9.89	4.91	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	10.93	5.91	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	5	12	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	49.82	65.73	60.48	58.65	52.5	51.93	53.8	54.21	45.25	47.18	50.97	44.34	43.41	35.56	34.38
Long-Term Debt/Equity (%)	84.03	43.97	52.17	63.61	84.13	86.98	81.33	80.19	117.5	108.1	92	120.31	102.92	156.31	159.26
Long-Term Debt/Capital (%)	45.66	30.54	34.28	38.88	45.69	46.52	44.85	44.5	54.02	51.95	47.92	54.61	50.72	60.98	61.43
Long-Term Debt/Total Assets (%)	41.86	28.9	31.55	37.3	44.16	45.17	43.76	43.47	53.18	51	46.9	53.35	44.67	55.58	54.75
Total Debt/Equity (%)	84.03	43.97	52.17	63.61	84.13	86.98	81.33	80.19	117.5	108.1	92	120.31	102.92	156.31	159.26
Total Debt/Capital (%)	45.66	30.54	34.28	38.88	45.69	46.52	44.85	44.5	54.02	51.95	47.92	54.61	50.72	60.98	61.43
Total Debt/Total Assets (%)	41.86	28.9	31.55	37.3	44.16	45.17	43.76	43.47	53.18	51	46.9	53.35	44.67	55.58	54.75
Net Debt to Equity	68.56	42.84	-8.38	-8.03	-6.92	-11.75	-5.91	-3.1	-10.23	-4.91	-3.08	-9.35	-7.72	-10.1	-11.16
Net Debt/Capital (%)	40.67	29.99	-5.83	-5.16	-3.91	-6.71	-3.37	-1.75	-4.93	-2.42	-1.63	-4.43	-3.96	-4.1	-4.5
EBITDA	53	57	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	53	57	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	58	69	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Cash Ratio	1.78	0.27	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	2.52	1.02	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	2.38	0.81	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	-2.52	-3.39	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	49.82	65.73	60.48	58.65	52.5	51.93	53.8	54.21	45.25	47.18	50.97	44.34	43.41	35.56	34.38
Long-Term Debt/Equity (%)	84.03	43.97	52.17	63.61	84.13	86.98	81.33	80.19	117.5	108.1	92	120.31	102.92	156.31	159.26
Long-Term Debt/Capital (%)	45.66	30.54	34.28	38.88	45.69	46.52	44.85	44.5	54.02	51.95	47.92	54.61	50.72	60.98	61.43
Long-Term Debt/Total Assets (%)	41.86	28.9	31.55	37.3	44.16	45.17	43.76	43.47	53.18	51	46.9	53.35	44.67	55.58	54.75
Total Debt/Equity (%)	84.03	43.97	52.17	63.61	84.13	86.98	81.33	80.19	117.5	108.1	92	120.31	102.92	156.31	159.26
Total Debt/Capital (%)	45.66	30.54	34.28	38.88	45.69	46.52	44.85	44.5	54.02	51.95	47.92	54.61	50.72	60.98	61.43
Total Debt/Total Assets (%)	41.86	28.9	31.55	37.3	44.16	45.17	43.76	43.47	53.18	51	46.9	53.35	44.67	55.58	54.75
CFO/Total Liabilities	-29.57	-33.02	8.85	-29.55	0.47	26.48	12.47	12.6	-11.52	-22.02	1.25	-2.35	34.05	-19.26	11.83
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Accounts Receivable Turnover	0.74	10.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	495.57	33.5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	72	8	58	67	50	76	38	20	60	26	20	55	39	50	52
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	389	294	364	527	603	560	526	504	684	568	607	705	517	772	739
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	851	964	1,061	1,355	1,319	1,203	1,173	1,133	1,266	1,094	1,267	1,290	1,019	1,266	1,203
Total Debt/Capital (%)	45.66	30.54	34.28	38.88	45.69	46.52	44.85	44.5	54.02	51.95	47.92	54.61	50.72	60.98	61.43
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	16	76	101	125	-4	22	68	51	29	-10	171	-5	-20	59	42
TTM EBITDA	53	57	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	58	69	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	-133	-104	- -	-173	- -	158	69	67	-81	- -	8	- -	- -	-172	105
TTM Free Cash Flow to Firm	-133	-104	- -	-173	- -	158	69	67	-81	- -	8	- -	- -	-172	105

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Shares Outstanding	46	66	66	75	73	71	71	69	67	67	67	65	65	65	65
Diluted Weighted Avg Shares	42	53	66	67	75	72	71	71	68	67	67	67	65	65	65
Basic Weighted Avg Shares	42	53	66	67	75	72	71	71	68	67	67	67	65	65	65
Revenue per Share	0.38	1.44	1.51	1.87	-0.06	0.3	0.96	0.72	0.43	-0.15	2.56	-0.07	-0.31	0.9	0.64
EBITDA per Share	1.25	1.08	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	1.38	1.3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	0.24	1.2	1.38	1.66	-0.14	0.26	0.87	0.68	0.24	-0.24	2.49	-0.37	-0.52	0.75	0.5
Basic EPS from Cont Ops	0.24	1.2	1.38	1.66	-0.14	0.26	0.87	0.68	0.24	-0.24	2.49	-0.37	-0.52	0.75	0.5
Diluted EPS, GAAP	0.24	1.2	1.38	1.66	-0.14	0.26	0.87	0.68	0.24	-0.24	2.49	-0.37	-0.52	0.75	0.5
Diluted EPS from Cont Ops	0.24	1.2	1.38	1.66	-0.14	0.26	0.87	0.68	0.24	-0.24	2.49	-0.37	-0.52	0.75	0.5
Dividend per Share	0.94	0.98	1.03	1.1	1.12	1.12	0.92	0.72	0.72	0.66	0.48	0.52	0.7	1.01	1.04
Cash Flow per Share	-3.27	-2.18	0.61	-2.57	0.04	2.2	0.97	0.95	-1.2	-1.93	0.12	-0.26	3.43	-2.65	1.6
Free Cash Flow per Basic Share	-3.27	-2.18	0.61	-2.57	0.04	2.2	0.97	0.95	-1.2	-1.93	0.12	-0.26	3.43	-2.65	1.6
Cash & Equivalents per Share	1.57	0.12	0.88	0.89	0.68	1.06	0.54	0.28	0.89	0.38	0.3	0.84	0.59	0.76	0.79
Book Value per Share	10.13	10.22	10.49	11.03	9.82	9.05	9.1	9.11	8.68	7.84	9.85	8.98	7.7	7.56	7.11
Tangible Book Value per Share	10.13	10.22	10.49	11.03	9.82	9.05	9.1	9.11	8.68	7.84	9.85	8.98	7.7	7.56	7.11