Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026)
Palmer Square Capital BDC (PSBD) posted Interest Coverage Ratio of 1.04 for Q1 2026, down 6.2% on a QoQ basis from 1.11 in Q4 2025, and up 8.21% year-over-year from 0.96 in Q1 2025.
Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Palmer Square Capital BDC's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 1.04 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 8.21% year-over-year to 1.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.08 (up 6.44% YoY) and the FY2025 annual result came in at 1.03, down 4.7% from the prior year.
- Interest Coverage Ratio was 1.04 for Q1 2026 at Palmer Square Capital BDC, down from 1.11 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.49 in Q4 2022 and bottomed at 1.57 in Q2 2022.
- A 5-year average of 1.27 and a median of 1.11 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 79.31% — and 2023, when it jumped 183.23%.
- Palmer Square Capital BDC's Interest Coverage Ratio stood at 4.49 in 2022, then slumped by 70.94% to 1.31 in 2023, then retreated by 19.98% to 1.04 in 2024, then increased by 6.4% to 1.11 in 2025, then slipped by 6.2% to 1.04 in 2026.
- Business Quant data shows PSBD's Interest Coverage Ratio at 1.04 in Q1 2026, 1.11 in Q4 2025, and 1.07 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 21.00 |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 11.62 |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 0.02 |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 1.54 |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 6.35 |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.44 |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 2.52 |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Palmer Square Capital BDC | 293.79 Mn | 293.79 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 | 0.96 |
| Dec 31, 2024 | 1.04 |
| Sep 30, 2024 | 1.00 |
| Jun 30, 2024 | 1.05 |
| Mar 31, 2024 | 1.13 |
| Dec 31, 2023 | 1.31 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | 1.32 |
| Dec 31, 2022 | 4.49 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | -1.57 |
| Mar 31, 2022 | 2.49 |
| Dec 31, 2021 | 21.72 |
| Sep 30, 2021 | -2.04 |