PennantPark Floating Rate Capital Ltd. financial statements
Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data PennantPark Floating Rate Capital Ltd. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2020
FY2022
FY2022
FY2023
FY2024
FY2025
General and administrative
1.4
0.9
0.58
1
2.16
2.8
Interest expense
27.1
21.7
29.8
38.2
59.2
93.2
Net income
18.4
56.5
3.45
39.3
91.8
66.4
Balance sheet
FY2020
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
49.8
51.5
101
112
123
Total assets
1,171
1,227
1,180
2,109
2,914
Total liabilities
680
700
526
1,232
1,839
Paid-in capital
539
618
765
977
1,220
Retained earnings
-60.9
-48.2
-91
-112
-99.5
-145
Shareholders' equity
491
527
654
877
1,075
Total equity
491
527
654
877
1,075
Total liabilities and equity
1,171
1,227
1,180
2,109
2,914
Shares outstanding
38.8
38.9
45.3
58.7
77.6
99.2
Cash flow statement
FY2020
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
18.4
56.5
3.45
39.3
91.8
66.4
Change in payables
-0.29
-0.83
0.52
0.9
-0.02
Cash from operations
-4.94
49.8
-46.6
141
-801
-721
Purchases of investments
-439
-664
-609
-326
-1,411
-1,747
Dividends paid
-44.2
-44.2
-46.1
-58.7
-78.8
-112
Cash from financing
-0.91
-56.3
47.7
-91.5
813
731
Net change in cash
-5.85
-6.74
-2.27
49
11.5
10.6
Interest paid
26.2
18.8
26.1
36.3
51.2
86.9
Income taxes paid
0.5
0.41
1.17
0.53
1.06
0.98
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $6.99 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
4.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.9%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-27.7%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
167.9%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y
29.2%
Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
22.5%
Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y
26.8%
Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
38.2%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
33.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
-$0.59
Cash from operations / diluted weighted shares.
Book value per share
$10.26
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$693.5M
Share price x shares outstanding.
Enterprise value
$592.7M
Market cap + total debt - cash - short-term investments.
P/E
13.8x
Market cap / net income. Only when net income is positive.
P/B
0.68x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.68x
Market cap / tangible book value, when positive.
Earnings yield
7.2%
Net income / market cap (the inverse of P/E).
Dividend yield
17.6%
Dividends paid over the period / market cap.
Shareholder yield
17.6%
(Dividends paid + share buybacks) / market cap.
Was PennantPark Floating Rate Capital Ltd. profitable in fiscal 2025?
Yes. Net income was $66.4M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.