What does PennantPark Floating Rate Capital Ltd. do?

Jun 22 2025 06:35 PM IST
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PennantPark Floating Rate Capital Ltd. is a business development company that invests in floating rate loans to U.S. middle-market private companies, aiming for current income and capital appreciation. As of March 2025, it has a market cap of approximately $1.02 billion, a P/E ratio of 15.00, and a dividend yield of 5.23%.
Overview:
PennantPark Floating Rate Capital Ltd. is a business development company operating in the Capital Markets industry, focusing on generating current income and capital appreciation through investments in floating rate loans to U.S. middle-market private companies.

Financial Snapshot:
Most recent Net Sales: 58 Million (Quarterly Results - Mar 2025)
Most recent Net Profit: 1 Million (Quarterly Results - Mar 2025)
Market-cap: USD 1,016.98 Million (Micro Cap)

Key Metrics:
P/E: 15.00
Dividend Yield: 5.23%
Debt Equity: -999,999.00
Return on Equity: 6.39%
Price to Book: 0.95

Contact Details:
Address: 590 Madison Ave Fl 15, NEW YORK NY: 10022
Tel: 1 212 9051000
Website: https://www.pennantpark.com/funds/pflt/
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