Palmer Square Capital BDC (PSBD) Debt Ratio (2021 - 2026)
Palmer Square Capital BDC's (PSBD) quarterly Debt Ratio came in at 0.61 in Q2 2026, up 5.94% on a YoY basis from 0.58 in Q2 2025, and up 2.11% quarter-over-quarter from 0.6 in Q1 2026.
Analysis
Palmer Square Capital BDC (PSBD) Debt Ratio (2021 - 2026) Analysis & Trends
Palmer Square Capital BDC (PSBD) has reported Debt Ratio for 6 consecutive years, with 0.61 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 5.94% year-over-year to 0.61; the trailing twelve-month figure through Jun 2026 stood at 0.61 (up 5.94% YoY), and the FY2025 full-year result was 0.59, up 4.57% from the prior year.
- Debt Ratio rose to 0.61 in Q2 2026 per PSBD's latest filing, from 0.6 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.09 in Q4 2022 and bottomed at 0.56 in Q4 2024.
- Historically, Debt Ratio has averaged 0.65 across 5 years, with a median of 0.59 in 2025.
- The sharpest annual moves came in 2023 and 2026: Debt Ratio sank 33.38% in 2023, then gained 5.99% in 2026.
- Over 5 years, Debt Ratio stood at 1.09 in 2022, then slumped by 33.38% to 0.73 in 2023, then decreased by 22.82% to 0.56 in 2024, then increased by 4.57% to 0.59 in 2025, then increased by 4.66% to 0.61 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.61, 0.6, and 0.59 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.09 Bn | 13.70 Bn | - | 0.52 |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.36 Bn | - | 0.55 |
| 3 | Blue Owl Capital | 5.47 Bn | 5.23 Bn | - | 0.51 |
| 4 | Main Street Capital | 5.21 Bn | 5.16 Bn | - | 0.43 |
| 5 | Blue Owl Technology Finance | 4.92 Bn | 4.71 Bn | - | 0.48 |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 0.50 |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 0.54 |
| 8 | Golub Capital Bdc | 3.30 Bn | 3.25 Bn | - | 0.54 |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 0.24 |
| 10 | Palmer Square Capital BDC | 314.97 Mn | 314.97 Mn | - | 0.61 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.61 |
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.58 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.56 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 1.09 |
| Sep 30, 2022 | 0.83 |
| Dec 31, 2021 | 1.13 |