Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026)
Palmer Square Capital BDC's (PSBD) quarterly Interest Coverage Ratio came in at 1.04 in Q1 2026, up 8.21% YoY from 0.96 in Q1 2025, and down 1.94% on a QoQ basis from 1.06 in Q4 2025.
Palmer Square Capital BDC (PSBD) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Palmer Square Capital BDC (PSBD) has 6 years of Interest Coverage Ratio data on file, last reported at 1.04 in 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 1.07 (down 65.03% YoY) and the FY2025 annual result came in at 1.03, down 4.7% from the prior year.
- Interest Coverage Ratio retreated to 1.04 in Q1 2026, from 1.06 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 2.49 in Q1 2022 to a low of 1.57 in Q2 2022.
- A 5-year average of 0.94 and a median of 1.07 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio slumped 146.6% — and 2025, when it surged 277.72%.
- Tracing PSBD's Interest Coverage Ratio over 5 years: stood at 0.62 in 2022, then soared by 106.59% to 1.28 in 2023, then tumbled by 146.6% to 0.6 in 2024, then surged by 277.72% to 1.06 in 2025, then fell by 1.94% to 1.04 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.04 (Q1 2026), 1.06 (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 | 178.80 Bn | 164.93 Bn | - | 18.37 |
| 2 | Blackstone | 114.74 Bn | 112.23 Bn | - | 20.37 |
| 3 | Kkr | 97.20 Bn | -179.87 Bn | - | 2.90 |
| 4 | Brookfield | 93.46 Bn | 46.05 Bn | - | - |
| 5 | Brookfield Asset Management | 83.65 Bn | 82.15 Bn | - | 26.17 |
| 6 | Apollo Global Management | 78.31 Bn | 52.94 Bn | 10.54 Bn | 60.80 |
| 7 | State Street | 51.47 Bn | 51.47 Bn | - | 1.70 |
| 8 | Ameriprise Financial | 51.22 Bn | 40.17 Bn | 4.72 Bn | 7.22 |
| 9 | Northern Trust | 34.01 Bn | 34.01 Bn | - | 1.70 |
| 10 | Palmer Square Capital BDC | 317.61 Mn | 317.61 Mn | - | 1.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 |
| Mar 31, 2026 | 1.04 |
| Dec 31, 2025 | 1.06 |
| Sep 30, 2025 | 1.07 |
| Jun 30, 2025 | 1.10 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | -0.60 |
| Sep 30, 2024 | 1.00 |
| Jun 30, 2024 | 1.05 |
| Mar 31, 2024 | 1.13 |
| Dec 31, 2023 | 1.28 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | 1.32 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | -1.57 |
| Mar 31, 2022 | 2.49 |
| Dec 31, 2021 | -9.48 |
| Sep 30, 2021 | -2.04 |