Palmer Square Capital BDC (PSBD) Non Operating Interest Expenses (2021 - 2024)

Palmer Square Capital BDC (PSBD) has reported Non Operating Interest Expenses for 4 consecutive years, with $13.2 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Non Operating Interest Expenses rose 27.68% year-over-year to $13.2 million; the trailing twelve-month figure through Mar 2024 stood at $47.3 million (up 54.59% YoY), and the FY2023 full-year result was $44.5 million, up 89.68% from the prior year.
• Non Operating Interest Expenses advanced to $13.2 million in Q1 2024 per PSBD's latest filing, from $11.8 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $13.2 million in Q1 2024 and bottomed at $1.9 million in Q3 2021.
• Historically, Non Operating Interest Expenses has averaged $7.8 million across 4 years, with a median of $8.9 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Non Operating Interest Expenses surged 260.98% in 2022, then rose 27.68% in 2024.
• Over 4 years, Non Operating Interest Expenses stood at $2.9 million in 2021, then soared by 208.18% to $8.9 million in 2022, then jumped by 33.06% to $11.8 million in 2023, then grew by 11.82% to $13.2 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $13.2 million, $11.8 million, and $11.5 million for Q1 2024, Q4 2023, and Q3 2023 respectively.