PennantPark Floating Rate Capital Ltd (PFLT) — Cash Flow Quality Index
PennantPark Floating Rate Capital Ltd (PFLT) has a Cash Flow Quality Index of -0.31x as of March 2026. Operating cash flow of $-8.94 Million is below net income of $28.74 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PFLT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
PennantPark Floating Rate Capital Ltd Cash Flow Quality Index (2012–2025)
Historical Cash Flow Quality Index for PennantPark Floating Rate Capital Ltd across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see PennantPark Floating Rate Capital Ltd (PFLT) cash flow conversion.
Annual Cash Flow Quality Index for PennantPark Floating Rate Capital Ltd (2012–2025)
Year-by-year earnings quality comparison for PennantPark Floating Rate Capital Ltd.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.43x | $95.04 Million | $66.36 Million | ▲ +116.4% |
| 2024 | -8.73x | $-801.38 Million | $91.84 Million | ▼ -343.7% |
| 2023 | 3.58x | $140.56 Million | $39.26 Million | ▲ +124.7% |
| 2022 | -14.47x | $-49.96 Million | $3.45 Million | ▼ -1749.6% |
| 2021 | 0.88x | $49.57 Million | $56.52 Million | ▲ +426.9% |
| 2020 | -0.27x | $-4.94 Million | $18.41 Million | ▲ +97.5% |
| 2019 | -10.64x | $-121.42 Million | $11.42 Million | ▼ -71.0% |
| 2018 | -6.22x | $-208.28 Million | $33.49 Million | ▼ -194.5% |
| 2017 | -2.11x | $-76.71 Million | $36.33 Million | ▲ +57.3% |
| 2016 | -4.94x | $-165.46 Million | $33.49 Million | ▼ -2701.2% |
| 2015 | -0.18x | $-2.21 Million | $12.50 Million | ▲ +83.7% |
| 2014 | -1.08x | $-22.25 Million | $20.51 Million | ▲ +89.6% |
| 2013 | -10.38x | $-124.41 Million | $11.98 Million | ▼ -159.6% |
| 2012 | -4.00x | $-47.83 Million | $11.96 Million | — |