Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026)
Palmer Square Capital BDC posted quarterly Interest Coverage Ratio of 1.04 for Q1 2026, up 4.75% year-on-year from 1.0 in Q1 2025, and down 6.2% on a QoQ basis from 1.11 in Q4 2025.
Palmer Square Capital BDC (PSBD) has 6 years of Interest Coverage Ratio data on file, last reported at 1.04 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 4.75% year-over-year to 1.04; the trailing twelve-month figure through Mar 2026 stood at 1.08 (up 5.66% YoY), and the FY2025 full-year result was 1.07, down 1.03% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.04, down from 1.11 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.49 in Q3 2022 and bottomed at 1.77 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 1.1 (2025), against an average of 0.85.
- The widest annual swing landed in 2022, when Interest Coverage Ratio tumbled 88.2%; it then jumped 183.23% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.4 in 2022, then fell by 6.78% to 1.31 in 2023, then fell by 19.98% to 1.04 in 2024, then grew by 6.4% to 1.11 in 2025, then decreased by 6.2% to 1.04 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.04 (Q1 2026), 1.11 (Q4 2025), and 1.07 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 21.00 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 11.62 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 552.52 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 19.81 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.03 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 1.53 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 6.35 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.44 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 7.16 |
| 10 | Palmer Square Capital BDC | 338.08 Mn | 336.59 Mn | - | 1.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 |
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 1.07 |
| Jun 30, 2025 | 1.10 |
| Mar 31, 2025 | 1.00 |
| Dec 31, 2024 | 1.04 |
| Sep 30, 2024 | 1.00 |
| Jun 30, 2024 | 1.05 |
| Mar 31, 2024 | 1.24 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | 1.32 |
| Dec 31, 2022 | 1.40 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | -1.57 |
| Mar 31, 2022 | -1.77 |
| Dec 31, 2021 | 11.87 |
| Sep 30, 2021 | 2.53 |