Princeton Capital (PIAC) Interest Coverage Ratio (2022 - 2024)
Princeton Capital (PIAC) reported Interest Coverage Ratio of 1.09 for Q1 2024, down 100.08% on a YoY basis from 1338.02 in Q2 2023, and down 100.08% quarter-over-quarter from 1338.02 in Q1 2023.
Princeton Capital (PIAC) Interest Coverage Ratio (2022 - 2024) Analysis & Trends
Princeton Capital has reported Interest Coverage Ratio for 3 years, with the latest figure at 1.09 in Q1 2024.
- For the quarter ending Q1 2024, Interest Coverage Ratio fell 100.08% year-over-year to 1.09; the trailing twelve-month figure through Dec 2024 stood at 1.85 (down 100.05% YoY), and the FY2023 full-year result was 3944.8, up 2579.45% from the prior year.
- Interest Coverage Ratio for Q1 2024 stood at 1.09, down from 1338.02 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1338.02 in Q1 2023, with the low at 166.46 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 213.14 across 3 years, with a median of 38.98 in 2022.
- The largest YoY upside for Interest Coverage Ratio was 100.08% in 2024 against a maximum downside of 100.08% in 2024.
- Princeton Capital's Interest Coverage Ratio stood at 38.98 in 2022, then soared by 3532.23% to 1338.02 in 2023, then tumbled by 100.08% to 1.09 in 2024.
- The last three Interest Coverage Ratio figures came in at 1.09 (Q1 2024), 1338.02 (Q1 2023), and 38.98 (Q4 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 21.00 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 11.62 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 552.52 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.03 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 1.53 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 6.35 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.44 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 7.16 |
| 10 | Princeton Capital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -1.09 |
| Mar 31, 2023 | 1,338.02 |
| Dec 31, 2022 | -38.98 |
| Sep 30, 2022 | -166.46 |
| Jun 30, 2022 | -65.76 |