Prospect Capital (PSEC) Non Operating Interest Expenses (2021 - 2024)
Prospect Capital's (PSEC) quarterly Non Operating Interest Expenses came in at $120.5 million in Q1 2024, up 10.36% year-over-year from $109.2 million in Q2 2023, and up 49.41% quarter-over-quarter from $80.6 million in Q4 2023.
Analysis
Prospect Capital (PSEC) Non Operating Interest Expenses (2021 - 2024) Analysis & Trends
Prospect Capital (PSEC) has reported Non Operating Interest Expenses for 4 consecutive years, with $120.5 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 10.36% year-over-year to $120.5 million in Q1 2024; TTM through Mar 2024 was $350.9 million, a 16.32% increase from a year earlier, with the FY2024 full-year figure at $160.2 million, up 8.13% from the prior year.
- Non Operating Interest Expenses was $120.5 million for Q1 2024 at Prospect Capital, up from $80.6 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $120.5 million in Q1 2024 and troughed at $28.0 million in Q3 2021.
- A 4-year average of $69.9 million and a median of $71.7 million in 2022 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses increased 25.55% in 2023 and increased 10.36% in 2024, its largest moves.
- Over 4 years, Non Operating Interest Expenses stood at $57.7 million in 2021, then increased by 24.15% to $71.7 million in 2022, then climbed by 12.54% to $80.6 million in 2023, then soared by 49.41% to $120.5 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $120.5 million (Q1 2024), $80.6 million (Q4 2023), and $40.6 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 214.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 101.07 Mn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | - |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | - |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 108.79 Mn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 28.13 Mn |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 39.60 Mn |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | - |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 25.03 Mn |
| 10 | Prospect Capital | 1.05 Bn | 1.00 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 120.48 Mn |
| Dec 31, 2023 | 80.64 Mn |
| Sep 30, 2023 | 40.59 Mn |
| Mar 31, 2023 | 109.17 Mn |
| Dec 31, 2022 | 71.65 Mn |
| Sep 30, 2022 | 33.87 Mn |
| Mar 31, 2022 | 86.95 Mn |
| Dec 31, 2021 | 57.72 Mn |
| Sep 30, 2021 | 28.04 Mn |