PennantPark Floating Rate Capital (PFLA) Interest Coverage Ratio (2021 - 2026)
PennantPark Floating Rate Capital's (PFLA) quarterly Interest Coverage Ratio came in at 0.23 in Q2 2026, up 17.55% on a YoY basis from 0.2 in Q2 2025, and down 4.82% quarter-over-quarter from 0.24 in Q1 2026.
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Analysis
PennantPark Floating Rate Capital (PFLA) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
PennantPark Floating Rate Capital (PFLA) has reported Interest Coverage Ratio for 6 consecutive years, with 0.23 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 17.55% year-over-year to 0.23; the trailing twelve-month figure through Jun 2026 stood at 1.08 (up 20.49% YoY), and the FY2025 full-year result was 1.15, down 12.42% from the prior year.
- Interest Coverage Ratio retreated to 0.23 in Q2 2026 per PFLA's latest filing, from 0.24 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.59 in Q3 2025 and bottomed at 0.2 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 1.36 across 5 years, with a median of 1.37 in 2024.
- The widest YoY moves for Interest Coverage Ratio: up 285.05% in 2025, down 84.84% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 1.39 in 2022, then surged by 56.14% to 2.18 in 2023, then plunged by 38.38% to 1.34 in 2024, then sank by 84.51% to 0.21 in 2025, then increased by 11.74% to 0.23 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.23, 0.24, and 0.21 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 1.71 |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 1.76 |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 1.44 |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 2.56 |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 1.28 |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 2.98 |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | - |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 1.40 |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 0.23 |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 1.21 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 3.59 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 1.11 |
| Dec 31, 2024 | 1.34 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | 1.30 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 2.18 |
| Sep 30, 2023 | 2.16 |
| Jun 30, 2023 | 1.85 |
| Mar 31, 2023 | 1.72 |
| Dec 31, 2022 | 1.39 |
| Sep 30, 2022 | 1.40 |
| Jun 30, 2022 | 1.60 |
| Mar 31, 2022 | 1.70 |
| Dec 31, 2021 | 1.92 |