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Palmer Square Capital BDC (PSBD) Financials

Palmer Square Capital BDC logo
$13.93 +0.12 (+0.87%)
Closing price 05/30/2025 03:59 PM Eastern
Extended Trading
$13.94 +0.01 (+0.07%)
As of 05/30/2025 04:46 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Palmer Square Capital BDC

Annual Income Statements for Palmer Square Capital BDC

This table shows Palmer Square Capital BDC's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Income / (Loss) Attributable to Common Shareholders		 48 108 -74 66
Consolidated Net Income / (Loss)		 48 108 -74 66
Net Income / (Loss) Continuing Operations		 48 108 -74 66
Total Pre-Tax Income 		48 108 -74 66
Total Operating Income		 -96 -4.39 -149 -6.03
Total Gross Profit		 -15 50 -116 19
Total Revenue		 -15 50 -116 19
Operating Revenue		 -15 50 -116 19
Total Cost of Revenue		 0.00 0.00 0.00 0.00
Total Operating Expenses		 81 54 33 25
Selling, General & Admin Expense		 4.55 2.32 2.60 2.59
Other Operating Expenses / (Income)		 76 52 31 22
Total Other Income / (Expense), net		 144 112 74 72
Interest & Investment Income		 142 112 74 75
Other Income / (Expense), net		 1.56 0.42 0.18 5.53
Basic Earnings per Share		 $1.93 $2.26 $1.78 $1.47
Weighted Average Basic Shares Outstanding		 32.35M 25.70M 23.13M 15.49M
Diluted Earnings per Share		 $1.93 $2.26 $1.78 -
Weighted Average Diluted Shares Outstanding		 32.35M 25.70M 23.13M -
Weighted Average Basic & Diluted Shares Outstanding		 32.61M 32.55M - -

Quarterly Income Statements for Palmer Square Capital BDC

This table shows Palmer Square Capital BDC's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Net Income / (Loss) Attributable to Common Shareholders		 -39 7.56 17 62 -58 34 62 69
Consolidated Net Income / (Loss)		 -39 7.56 17 62 -58 34 62 69
Net Income / (Loss) Continuing Operations		 -39 7.56 17 62 -58 34 62 69
Total Pre-Tax Income 		-39 7.56 17 62 -58 34 62 69
Total Operating Income		 -46 -30 -21 1.05 -31 5.08 8.33 13
Total Gross Profit		 -35 -8.17 5.31 23 -21 19 24 28
Total Revenue		 -35 -8.17 5.31 23 -21 19 24 28
Operating Revenue		 -35 -8.17 5.31 23 -21 19 24 28
Total Operating Expenses		 11 22 27 22 9.79 14 16 15
Selling, General & Admin Expense		 1.32 1.21 1.06 0.96 0.66 0.53 0.56 0.58
Other Operating Expenses / (Income)		 9.65 20 26 21 9.14 13 15 14
Total Other Income / (Expense), net		 6.75 37 38 61 -27 29 54 56
Interest & Investment Income		 -33 37 62 76 -48 29 64 67
Other Income / (Expense), net		 11 0.73 -9.13 -1.47 0.40 0.15 0.13 -0.26
Basic Earnings per Share		 $0.45 $0.48 $0.48 $0.52 $0.58 $0.57 $0.56 $0.55
Weighted Average Basic Shares Outstanding		 32.35M 32.61M 32.57M 31.59M 25.70M 26.02M 25.45M 24.59M
Weighted Average Diluted Shares Outstanding		 32.35M 32.61M 32.62M 32.57M 25.70M 26.02M - -
Weighted Average Basic & Diluted Shares Outstanding		 32.61M 32.65M 32.62M 32.57M 32.55M - - -

Annual Cash Flow Statements for Palmer Square Capital BDC

This table details how cash moves in and out of Palmer Square Capital BDC's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Net Change in Cash & Equivalents		 0.65 0.47 0.56 0.41
Net Cash From Operating Activities		 -201 20 25 -438
Net Cash From Continuing Operating Activities		 -201 20 25 -413
Net Income / (Loss) Continuing Operations		 48 108 -74 19
Consolidated Net Income / (Loss)		 48 108 -74 19
Amortization Expense		 0.15 -0.85 -0.73 0.62
Non-Cash Adjustments To Reconcile Net Income		 -252 -90 101 -524
Changes in Operating Assets and Liabilities, net		 3.68 2.83 -0.28 91
Net Cash From Investing Activities		 0.00 0.00 0.00 -25
Net Cash From Continuing Investing Activities		 0.00 0.00 0.00 -25
Net Cash From Financing Activities		 201 -19 -25 438
Net Cash From Continuing Financing Activities		 201 -19 -25 438
Repayment of Debt		 -384 -30 -92 -0.78
Repurchase of Common Equity		 -1.26 0.00 0.00 -
Payment of Dividends		 -47 -34 -19 -6.29
Issuance of Debt		 541 28 81 257
Issuance of Common Equity		 92 18 5.02 189
Cash Interest Paid		 55 42 22 7.31

Quarterly Cash Flow Statements for Palmer Square Capital BDC

This table details how cash moves in and out of Palmer Square Capital BDC's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Net Change in Cash & Equivalents		 0.98 -13 6.53 6.14 -1.29 -3.33 0.49 4.59 -
Net Cash From Operating Activities		 34 3.51 -0.51 -238 3.41 -1.86 -9.95 28 -
Net Cash From Continuing Operating Activities		 34 4.21 -1.53 -238 3.41 -48 -13 77 -
Net Income / (Loss) Continuing Operations		 12 7.56 5.31 23 22 34 24 28 -
Consolidated Net Income / (Loss)		 12 7.56 5.31 23 22 34 24 28 -
Amortization Expense		 0.42 -0.06 0.07 -0.29 -0.37 -0.11 -0.25 -0.11 -
Non-Cash Adjustments To Reconcile Net Income		 27 45 -40 -284 -19 -102 -16 47 -
Changes in Operating Assets and Liabilities, net		 -4.92 -48 33 23 0.56 20 -20 2.36 -
Net Cash From Financing Activities		 -33 -17 7.05 244 -4.70 -1.47 10 -23 -
Net Cash From Continuing Financing Activities		 -33 -16 6.45 244 -4.70 -1.47 10 -23 -
Repayment of Debt		 -47 -26 -307 -3.63 -1.78 -1.01 -0.01 -28 -
Repurchase of Common Equity		 -0.77 -0.15 - - - - - - -
Payment of Dividends		 -15 -15 -16 0.00 -14 -6.81 -6.25 -6.94 -
Issuance of Debt		 29 24 330 158 11 6.00 11 0.00 -
Issuance of Common Equity		 0.41 1.67 - 90 - 0.35 6.20 11 -
Cash Interest Paid		 17 9.95 13 14 12 12 11 7.94 -

Annual Balance Sheets for Palmer Square Capital BDC

This table presents Palmer Square Capital BDC's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022
Period end date 12/31/2024 12/31/2023 12/31/2022
Total Assets		 1,431 1,122 1,057
Total Current Assets		 2.80 2.15 1,026
Cash & Equivalents		 2.77 2.12 1.65
Prepaid Expenses		 0.03 0.03 0.60
Plant, Property, & Equipment, net		 0.00 0.00 0.00
Total Noncurrent Assets		 28 14 -12
Long-Term Investments		 9.15 0.44 -12
Other Noncurrent Operating Assets		 19 14 -
Total Liabilities & Shareholders' Equity		 1,431 1,122 1,057
Total Liabilities		 893 660 694
Total Current Liabilities		 304 1.07 8.08
Short-Term Debt		 303 0.00 -
Accrued Expenses		 1.37 1.07 1.14
Total Noncurrent Liabilities		 589 659 643
Long-Term Debt		 502 642 641
Other Noncurrent Operating Liabilities		 88 17 1.87
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 538 462 363
Total Preferred & Common Equity		 538 462 363
Total Common Equity		 538 462 363
Common Stock		 611 521 474
Retained Earnings		 -73 -59 -111

Quarterly Balance Sheets for Palmer Square Capital BDC

This table presents Palmer Square Capital BDC's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024
Period end date 9/30/2024 6/30/2024 3/31/2024
Total Assets		 1,414 1,459 1,413
Total Current Assets		 1.93 1,458 1,412
Cash & Equivalents		 1.79 15 8.26
Prepaid Expenses		 0.14 0.17 0.09
Plant, Property, & Equipment, net		 0.00 0.00 0.00
Total Noncurrent Assets		 29 0.00 0.00
Long-Term Investments		 9.49 - -
Other Noncurrent Operating Assets		 20 - -
Total Liabilities & Shareholders' Equity		 1,414 1,459 1,413
Total Liabilities		 872 910 854
Total Current Liabilities		 307 320 19
Short-Term Debt		 306 301 -
Accrued Expenses		 1.09 1.31 0.94
Total Noncurrent Liabilities		 565 520 795
Long-Term Debt		 518 520 795
Other Noncurrent Operating Liabilities		 46 - -
Commitments & Contingencies		 0.00 0.00 -
Total Equity & Noncontrolling Interests		 542 549 559
Total Preferred & Common Equity		 542 549 559
Total Common Equity		 542 549 559
Common Stock		 612 611 610
Retained Earnings		 -70 -62 -52

Annual Metrics And Ratios for Palmer Square Capital BDC

This table displays calculated financial ratios and metrics derived from Palmer Square Capital BDC's official financial filings.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Growth Metrics		 - - - -
Revenue Growth		 -129.86% 143.14% -706.32% 0.00%
EBITDA Growth		 -1,854.57% 96.78% -116,332.42% 0.00%
EBIT Growth		 -2,274.59% 97.33% -30,000.21% 0.00%
NOPAT Growth		 -2,084.33% 95.79% -1,630.50% 0.00%
Net Income Growth		 -55.80% 244.78% -213.36% 0.00%
EPS Growth		 -14.60% 26.97% 0.00% 0.00%
Operating Cash Flow Growth		 -1,126.42% -22.18% 105.73% 0.00%
Free Cash Flow Firm Growth		 -958.85% 97.20% 0.00% 0.00%
Invested Capital Growth		 -1,533.59% -56.14% 0.00% 0.00%
Revenue Q/Q Growth		 -126.22% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 -106.46% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 -109.74% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 -192.54% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 -75.22% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 13.34% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 -154.20% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - -
Gross Margin		 0.00% 100.00% 0.00% 100.00%
EBITDA Margin		 0.00% -9.66% 0.00% 0.68%
Operating Margin		 0.00% -8.80% 0.00% -31.62%
EBIT Margin		 0.00% -7.97% 0.00% -2.59%
Profit (Net Income) Margin		 0.00% 216.33% 0.00% 344.74%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 -50.56% -2,715.94% 50.06% -13,291.80%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 9.54% 26.13% -20.49% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -0.36% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 9.90% 0.00% 0.00%
Return on Common Equity (ROCE)		 9.54% 26.12% -20.48% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 8.86% 23.34% -20.49% 0.00%
Net Operating Profit after Tax (NOPAT)		 -96 -4.39 -104 -6.03
NOPAT Margin		 0.00% -8.80% 0.00% -31.62%
Net Nonoperating Expense Percent (NNEP)		 26.72% 26.96% 16.28% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 -7.14% -0.40% -10.38% -
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 4.66% 0.00% 13.57%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 108.80% 0.00% 131.62%
Earnings before Interest and Taxes (EBIT)		 -94 -3.97 -149 -0.49
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -94 -4.82 -150 0.13
Valuation Ratios		 - - - -
Price to Book Value (P/BV)		 0.92 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.92 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 10.41 0.00 0.00 0.00
Dividend Yield		 9.80% 0.00% 0.00% 0.00%
Earnings Yield		 9.61% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - -
Debt to Equity		 1.50 1.39 1.76 0.00
Long-Term Debt to Equity		 0.93 1.39 1.76 0.00
Financial Leverage		 -1.07 -1.01 -1.01 0.00
Leverage Ratio		 2.55 2.64 2.91 0.00
Compound Leverage Factor		 -1.29 -71.71 1.46 0.00
Debt to Total Capital		 59.92% 58.15% 63.83% 0.00%
Short-Term Debt to Total Capital		 22.54% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 37.38% 58.15% 63.83% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 40.08% 41.85% 36.15% 0.00%
Debt to EBITDA		 -8.54 -133.27 -4.29 0.00
Net Debt to EBITDA		 -8.42 -132.74 2.45 0.00
Long-Term Debt to EBITDA		 -5.33 -133.27 -4.29 0.00
Debt to NOPAT		 -8.39 -146.27 -6.15 0.00
Net Debt to NOPAT		 -8.27 -145.69 3.51 0.00
Long-Term Debt to NOPAT		 -5.23 -146.27 -6.15 0.00
Altman Z-Score		 -0.22 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.03% 0.06% 0.00%
Liquidity Ratios		 - - - -
Current Ratio		 0.01 2.01 127.04 0.00
Quick Ratio		 0.01 1.98 126.17 0.00
Cash Flow Metrics		 - - - -
Free Cash Flow to Firm (FCFF)		 -30 -2.85 -102 0.00
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 -50.83
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 -50.83
Efficiency Ratios		 - - - -
Asset Turnover		 0.00 0.05 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - -
Invested Capital		 -70 -4.28 -2.74 0.00
Invested Capital Turnover		 0.00 -14.19 0.00 0.00
Increase / (Decrease) in Invested Capital		 -66 -1.54 -2.74 0.00
Enterprise Value (EV)		 1,288 0.00 0.00 0.00
Market Capitalization		 496 0.00 0.00 0.00
Book Value per Share		 $16.47 $17.97 $15.70 $0.00
Tangible Book Value per Share		 $16.47 $17.97 $15.70 $0.00
Total Capital		 1,342 1,104 1,005 0.00
Total Debt		 804 642 641 0.00
Total Long-Term Debt		 502 642 641 0.00
Net Debt		 792 639 -366 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1.34 -1.04 -0.87 0.00
Debt-free Net Working Capital (DFNWC)		 1.43 1.08 1,018 0.00
Net Working Capital (NWC)		 -301 1.08 1,018 0.00
Net Nonoperating Expense (NNE)		 -144 -112 -30 -72
Net Nonoperating Obligations (NNO)		 -608 -466 -366 0.00
Total Depreciation and Amortization (D&A)		 0.15 -0.85 -0.73 0.62
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -2.08% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 2.17% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% 2.17% 0.00% 0.00%
Earnings Adjustments		 - - - -
Adjusted Basic Earnings per Share		 $1.93 $2.26 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 32.35M 25.70M 0.00 0.00
Adjusted Diluted Earnings per Share		 $1.93 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 32.35M 32.55M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 32.61M 32.55M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -67 -3.07 -104 -4.22
Normalized NOPAT Margin		 0.00% -6.16% 0.00% -22.13%
Pre Tax Income Margin		 0.00% 216.33% 0.00% 344.74%
Debt Service Ratios		 - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 -0.06
NOPAT to Interest Expense		 0.00 0.00 0.00 -0.70
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -0.06
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -0.70
Payout Ratios		 - - - -
Dividend Payout Ratio		 97.74% 31.45% -25.28% 9.57%
Augmented Payout Ratio		 100.39% 31.45% -25.28% 9.57%

Quarterly Metrics And Ratios for Palmer Square Capital BDC

This table displays calculated financial ratios and metrics derived from Palmer Square Capital BDC's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Growth Metrics		 - - - - - - - -
Revenue Growth		 -64.41% -142.91% -77.81% -18.54% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 -9.74% -668.00% -469.49% -105.48% 0.00% 0.00% 0.00% 0.00%
EBIT Growth		 -12.45% -654.73% -459.24% -103.21% 0.00% 0.00% 0.00% 0.00%
NOPAT Growth		 -47.86% -685.72% -355.32% -92.06% 0.00% 0.00% 0.00% 0.00%
Net Income Growth		 32.01% -77.68% -72.66% -10.35% 0.00% 0.00% 0.00% 0.00%
EPS Growth		 0.00% -15.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 906.60% 288.84% 94.84% -951.25% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 -1,533.59% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 -327.03% -253.85% -76.78% 0.00% -211.45% -20.43% -14.77% 0.00%
EBITDA Q/Q Growth		 -16.98% 4.11% -4,203.75% 0.00% -705.48% -37.62% -36.15% 0.00%
EBIT Q/Q Growth		 -18.66% 4.53% -7,212.45% 0.00% -685.38% -38.17% -34.72% 0.00%
NOPAT Q/Q Growth		 -7.93% -39.85% -2,125.48% 0.00% -527.55% -39.04% -37.00% 0.00%
Net Income Q/Q Growth		 -617.89% -55.48% -72.74% 0.00% -269.99% -45.47% -10.62% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 876.94% 783.62% 99.78% 0.00% 283.27% 81.32% -135.61% 0.00%
Free Cash Flow Firm Q/Q Growth		 1,611.38% 83.69% -232.99% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 -154.20% -259.83% 16.78% -100.84% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - -
Gross Margin		 0.00% 0.00% 100.00% 100.00% 0.00% 100.00% 100.00% 100.00%
EBITDA Margin		 0.00% 0.00% -570.85% -3.08% 0.00% 26.88% 34.29% 45.77%
Operating Margin		 0.00% 0.00% -400.42% 4.59% 0.00% 26.66% 34.80% 47.08%
EBIT Margin		 0.00% 0.00% -572.23% -1.82% 0.00% 27.47% 35.35% 46.15%
Profit (Net Income) Margin		 0.00% 0.00% 319.45% 272.14% 0.00% 177.71% 259.30% 247.26%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 113.61% -26.03% -55.82% -14,977.05% 187.89% 647.01% 733.56% 535.76%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 9.54% 70.99% 39.84% 47.22% 26.13% 0.00% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 0.00% -32.95% -0.13% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 18.39% 19.77% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 9.54% 70.99% 39.84% 47.22% 26.12% 0.00% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 35.49% 39.84% 47.22% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -32 -30 -21 1.05 -22 5.08 8.33 13
NOPAT Margin		 0.00% 0.00% -400.42% 4.59% 0.00% 26.66% 34.80% 47.08%
Net Nonoperating Expense Percent (NNEP)		 -1.31% 13.10% 13.75% 21.57% -7.69% 0.00% 0.00% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 -2.39% - - - -1.97% - - -
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 19.90% 4.20% 0.00% 2.77% 2.33% 2.06%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 500.42% 95.41% 0.00% 73.34% 65.20% 52.92%
Earnings before Interest and Taxes (EBIT)		 -34 -29 -30 -0.42 -31 5.23 8.46 13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -34 -29 -30 -0.70 -31 5.12 8.21 13
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 0.92 0.98 0.96 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.92 0.98 0.96 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 0.00 9.35 6.27 0.00 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 10.41 2.76 2.41 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 9.80% 6.20% 3.34% 0.44% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 9.61% 36.23% 41.54% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 23.67 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 1.50 1.52 1.49 1.42 1.39 0.00 0.00 0.00
Long-Term Debt to Equity		 0.93 0.96 0.95 1.42 1.39 0.00 0.00 0.00
Financial Leverage		 -1.07 -1.05 -1.01 -1.02 -1.01 0.00 0.00 0.00
Leverage Ratio		 2.55 2.61 2.66 2.53 2.64 0.00 0.00 0.00
Compound Leverage Factor		 2.90 -0.68 -1.48 -378.77 4.96 0.00 0.00 0.00
Debt to Total Capital		 59.92% 60.34% 59.92% 58.74% 58.15% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 22.54% 22.39% 21.95% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 37.38% 37.95% 37.97% 58.74% 58.15% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 40.08% 39.66% 40.08% 41.26% 41.85% 0.00% 0.00% 0.00%
Debt to EBITDA		 -8.54 -18.08 -72.00 29.30 -133.27 0.00 0.00 0.00
Net Debt to EBITDA		 -8.42 -17.83 54.96 -22.35 -132.74 0.00 0.00 0.00
Long-Term Debt to EBITDA		 -5.33 -11.37 -45.63 29.30 -133.27 0.00 0.00 0.00
Debt to NOPAT		 -8.39 -25.16 396.97 25.11 -146.27 0.00 0.00 0.00
Net Debt to NOPAT		 -8.27 -24.82 -303.03 -19.15 -145.69 0.00 0.00 0.00
Long-Term Debt to NOPAT		 -5.23 -15.83 251.55 25.11 -146.27 0.00 0.00 0.00
Altman Z-Score		 -0.08 0.01 1.21 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - -
Current Ratio		 0.01 0.01 4.56 73.11 2.01 0.00 0.00 0.00
Quick Ratio		 0.01 0.01 4.53 72.59 1.98 0.00 0.00 0.00
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 34 -2.22 -14 10 0.00 0.00 0.00 0.00
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 -0.91 0.78 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 -0.03 -18.05 0.00 0.00 -0.92 2.71
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 -0.03 -18.05 0.00 0.00 -0.92 2.71
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.00 0.08 0.06 0.07 0.05 0.00 0.00 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 -70 -28 -7.65 -9.19 -4.28 0.00 0.00 0.00
Invested Capital Turnover		 0.00 -4.12 -21.96 -22.33 -11.64 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 -66 -28 -7.65 -9.19 0.00 0.00 0.00 0.00
Enterprise Value (EV)		 1,288 1,344 -100 0.00 0.00 0.00 0.00 0.00
Market Capitalization		 496 531 526 0.00 0.00 0.00 0.00 0.00
Book Value per Share		 $16.47 $16.62 $16.85 $17.68 $17.97 $0.00 $0.00 $0.00
Tangible Book Value per Share		 $16.47 $16.62 $16.85 $17.68 $17.97 $0.00 $0.00 $0.00
Total Capital		 1,342 1,366 1,369 1,354 1,104 0.00 0.00 0.00
Total Debt		 804 824 820 795 642 0.00 0.00 0.00
Total Long-Term Debt		 502 518 520 795 642 0.00 0.00 0.00
Net Debt		 792 813 -626 -607 639 0.00 0.00 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1.34 -0.95 -7.65 -9.19 -1.04 0.00 0.00 0.00
Debt-free Net Working Capital (DFNWC)		 1.43 0.83 1,439 1,393 1.08 0.00 0.00 0.00
Net Working Capital (NWC)		 -301 -305 1,138 1,393 1.08 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 7.02 -37 -38 -61 36 -29 -54 -56
Net Nonoperating Obligations (NNO)		 -608 -569 -556 -568 -466 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 0.42 -0.06 0.07 -0.29 -0.37 -0.11 -0.25 -0.11
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -1.68% -9.11% -8.96% -2.08% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 1.47% 1,713.08% 1,356.96% 2.17% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 0.00% -537.36% 1,355.31% 1,356.96% 2.17% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 $0.45 $0.48 $0.48 $0.52 $0.58 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 32.35M 32.61M 32.57M 31.59M 25.70M 0.00 0.00 0.00
Adjusted Diluted Earnings per Share		 $0.00 $0.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 32.35M 32.61M 32.62M 32.57M 25.70M 0.00 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 32.61M 32.65M 32.62M 32.57M 32.55M 0.00 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 -32 -21 -15 0.74 -22 3.56 5.83 9.26
Normalized NOPAT Margin		 0.00% 0.00% -280.29% 3.21% 0.00% 18.67% 24.36% 32.96%
Pre Tax Income Margin		 0.00% 0.00% 319.45% 272.14% 0.00% 177.71% 259.30% 247.26%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 -2.03 -0.03 0.00 0.00 0.78 1.26
NOPAT to Interest Expense		 0.00 0.00 -1.42 0.08 0.00 0.00 0.77 1.28
EBIT Less CapEx to Interest Expense		 0.00 0.00 -2.03 -0.03 0.00 0.00 0.78 1.26
NOPAT Less CapEx to Interest Expense		 0.00 0.00 -1.42 0.08 0.00 0.00 0.77 1.28
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 97.74% 23.49% 16.78% 10.23% 31.45% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 100.39% 23.49% 16.78% 10.23% 31.45% 0.00% 0.00% 0.00%

Frequently Asked Questions About Palmer Square Capital BDC's Financials

When does Palmer Square Capital BDC's fiscal year end?

According to the most recent income statement we have on file, Palmer Square Capital BDC's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Palmer Square Capital BDC's net income changed over the last 3 years?

Palmer Square Capital BDC's net income appears to be on an upward trend, with a most recent value of $47.67 million in 2024, falling from $65.71 million in 2021. The previous period was $107.84 million in 2023. See Palmer Square Capital BDC's forecast for analyst expectations on what’s next for the company.

What is Palmer Square Capital BDC's operating income?
Palmer Square Capital BDC's total operating income in 2024 was -$95.85 million, based on the following breakdown:
  • Total Gross Profit: -$14.88 million
  • Total Operating Expenses: $80.96 million
How has Palmer Square Capital BDC revenue changed over the last 3 years?

Over the last 3 years, Palmer Square Capital BDC's total revenue changed from $19.06 million in 2021 to -$14.88 million in 2024, a change of -178.1%.

How much debt does Palmer Square Capital BDC have?

Palmer Square Capital BDC's total liabilities were at $893.20 million at the end of 2024, a 35.4% increase from 2023, and a 28.7% increase since 2022.

How much cash does Palmer Square Capital BDC have?

In the past 2 years, Palmer Square Capital BDC's cash and equivalents has ranged from $1.65 million in 2022 to $2.77 million in 2024, and is currently $2.77 million as of their latest financial filing in 2024.

How has Palmer Square Capital BDC's book value per share changed over the last 3 years?

Over the last 3 years, Palmer Square Capital BDC's book value per share changed from 0.00 in 2021 to 16.47 in 2024, a change of 1,647.5%.


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This page (NYSE:PSBD) was last updated on 6/1/2025 by MarketBeat.com Staff
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