PSBD (Palmer Square Capital BDC) Debt-to-Equity: 1.72 (As of Jun. 2026) — 14% Above Median

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PSBD Palmer Square Capital BDC Inc PSBD
12 GF Score
Price $10.30
! 1 Warning Sign
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What is Palmer Square Capital BDC Debt-to-Equity?

Palmer Square Capital BDC PSBD +3.31% 12 Debt-to-Equity is 1.72 as of Jun. 2026, which is 14% above its 10-year median of 1.51. GuruFocus rates PSBD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 960 Asset Management companies, Palmer Square Capital BDC ranks worse than 92.08% on this metric.

Palmer Square Capital BDC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil. Palmer Square Capital BDC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $696.49 Mil. Palmer Square Capital BDC's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $406.15 Mil. Palmer Square Capital BDC's debt to equity for the quarter that ended in Jun. 2026 was 1.71.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Palmer Square Capital BDC's Debt-to-Equity or its related term are showing as below:

PSBD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46   Med: 1.51   Max: 1.77
Current: 1.7

During the past 6 years, the highest Debt-to-Equity Ratio of Palmer Square Capital BDC was 1.77. The lowest was 0.46. And the median was 1.51.

PSBD's Debt-to-Equity is ranked worse than
92.08% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs PSBD: 1.70

Palmer Square Capital BDC  (NYSE:PSBD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Palmer Square Capital BDC Debt-to-Equity Related Terms


Palmer Square Capital BDC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Palmer Square Capital BDC's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Palmer Square Capital BDC Debt-to-Equity Chart

Palmer Square Capital BDC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 1.44 1.77 1.39 1.50 1.54

Palmer Square Capital BDC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 1.53 1.54 1.70 1.72

PSBD vs ARDC, CION, OIA: Debt-to-Equity Comparison

For the Asset Management subindustry, Palmer Square Capital BDC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palmer Square Capital BDC Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Palmer Square Capital BDC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Palmer Square Capital BDC's Debt-to-Equity falls into.


PSBD
12GF Score
Palmer Square Capital BDC Inc PSBD
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Palmer Square Capital BDC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Palmer Square Capital BDC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Palmer Square Capital BDC's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.72 mean?
Palmer Square Capital BDC (PSBD) has a Debt-to-Equity of 1.72 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Palmer Square Capital BDC and its competitors. This is 14% above median its historical median of 1.51. Over the past decade, Palmer Square Capital BDC's Debt-to-Equity has ranged from 0.46 to 1.77. According to the industry distribution chart, Palmer Square Capital BDC ranks #884 out of 960 companies in the Asset Management industry, placing it in the top 92.1%.
Is Palmer Square Capital BDC's Debt-to-Equity too high?
Palmer Square Capital BDC's current Debt-to-Equity of 1.72 is 14% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.77. The Asset Management industry median Debt-to-Equity is 0.21. Palmer Square Capital BDC's value of 1.72 is 719% above this industry median. Based on the distribution chart, Palmer Square Capital BDC ranks #884 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Palmer Square Capital BDC has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Palmer Square Capital BDC's Debt-to-Equity compare to ARDC and CION?
According to the Asset Management industry distribution chart, Palmer Square Capital BDC ranks #884 out of 960 companies for Debt-to-Equity. This places Palmer Square Capital BDC in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Palmer Square Capital BDC's value of 1.72 is 719% above this benchmark. Historically, Palmer Square Capital BDC's own Debt-to-Equity has ranged from 0.46 to 1.77 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.21, Palmer Square Capital BDC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Palmer Square Capital BDC's current Debt-to-Equity of 1.72 is 719% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Palmer Square Capital BDC and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palmer Square Capital BDC's current Debt-to-Equity is 1.72, which is 14% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palmer Square Capital BDC stock overvalued right now?
Palmer Square Capital BDC (PSBD) has a current Debt-to-Equity of 1.72. The current Debt-to-Equity is 1.72, which is 14% above median its 10-year median of 1.51 and 719% above the Asset Management industry median of 0.21. Palmer Square Capital BDC's overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Palmer Square Capital BDC (PSBD), the current Debt-to-Equity is 1.72 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Palmer Square Capital BDC Business Description

Address 1900 Shawnee Mission Parkway, Suite 315, Mission Woods, KS, USA, 66205
Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.
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