Financial Snapshot

Revenue
$77.63M
TTM
Gross Margin
93.41%
TTM
Net Earnings
$57.70M
TTM
Current Assets
$11.68M
Q3 2024
Current Liabilities
$47.20M
Q3 2024
Current Ratio
24.74%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$541.9M
Q3 2024
Cash
Q3 2024
P/E
8.905
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $57.99M $41.08M $22.83M
YoY Change 41.15% 79.91%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $57.99M $41.08M $22.83M
Cost Of Revenue $52.89M $31.78M $14.99M
Gross Profit $59.33M $42.72M $24.70M
Gross Profit Margin 102.32% 103.99% 108.17%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $2.396M $2.679M $2.661M
YoY Change -10.58% 0.67%
% of Gross Profit 4.04% 6.27% 10.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $55.29M $34.46M $17.65M
YoY Change 60.44% 95.27%
Operating Profit $4.045M -$33.42M -$16.85M
YoY Change -112.1% 98.32%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $44.48M $23.45M $8.617M
YoY Change 89.68% 172.17%
% of Operating Profit 1099.63%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $107.8M -$74.48M $19.06M
YoY Change -244.78% -490.78%
Income Tax
% Of Pretax Income
Net Earnings $107.8M -$74.48M $19.06M
YoY Change -244.78% -490.78%
Net Earnings / Revenue 185.96% -181.31% 83.47%
Basic Earnings Per Share $2.26 -$3.22 $1.23
Diluted Earnings Per Share $2.26 -$3.22 $1.23

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $2.117M $1.651M $1.094M
YoY Change 28.25% 50.96%
Cash & Equivalents $2.117M $1.651M $1.094M
Short-Term Investments
Other Short-Term Assets $30.10K $598.3K $196.0K
YoY Change -94.97% 205.27%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.609M $33.78M $19.19M
YoY Change -86.35% 75.98%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.109B $1.017B $1.194B
YoY Change 9.0% -14.82%
Other Assets
YoY Change
Total Long-Term Assets $1.117B $1.024B $1.198B
YoY Change 9.14% -14.56%
Total Assets $1.122B $1.057B $1.217B
YoY Change
Accounts Payable $14.71M $42.75M $104.3M
YoY Change -65.59% -59.0%
Accrued Expenses $1.068M $1.136M $2.174M
YoY Change -5.95% -47.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.03M $52.70M $114.6M
YoY Change -65.79% -54.01%
Long-Term Debt $641.8M $641.3M $649.9M
YoY Change 0.08% -1.32%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $641.8M $641.3M $649.9M
YoY Change 0.08% -1.32%
Total Liabilities $659.9M $694.0M $764.5M
YoY Change -4.92% -9.22%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 25.70M shares 23.13M shares 15.49M shares
Diluted Shares Outstanding 25.70M shares 23.13M shares 15.49M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $513.86 Million

About Palmer Square Capital BDC Inc.

Palmer Square Capital BDC, Inc. engages in the provision of investment funds. The company is headquartered in Mission Woods, Kansas. The company went IPO on 2024-01-18. The firm primarily lends to and invests in corporate debt securities, including small to large private United States companies. The Company’s investment objective is to maximize total return, comprised of current income and capital appreciation. Its investment focuses on investing in corporate debt securities and, to a lesser extent and investing in collateralized loan obligation structured credit funds or collateralized loan obligation (CLO) that own corporate debt securities, including in the equity and junior debt tranches of CLOs. The firm has two wholly owned subsidiaries: Palmer Square BDC Funding II LLC and Palmer Square BDC Funding I, LLC. The Company’s investment advisor is Palmer Square BDC Advisor LLC.

Industry: UNKNOWN Peers: GAMCO INVESTORS, INC. ET AL Blackstone Inc. AlTi Global, Inc. SAXON CAPITAL GROUP INC Crescent Capital BDC, Inc. FIDUS INVESTMENT Corp GLADSTONE CAPITAL CORP GLADSTONE INVESTMENT CORPORATION\DE Runway Growth Finance Corp. PENNANTPARK INVESTMENT CORP