GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Palmer Square Capital BDC Inc (NYSE:PSBD) » Definitions » Gross-Profit-to-Asset %

Palmer Square Capital BDC (Palmer Square Capital BDC) Gross-Profit-to-Asset % : 7.52% (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Palmer Square Capital BDC Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Palmer Square Capital BDC's annualized Gross Profit for the quarter that ended in Mar. 2024 was $95.3 Mil. Palmer Square Capital BDC's average Total Assets over the quarter that ended in Mar. 2024 was $1,267.2 Mil. Therefore, Palmer Square Capital BDC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.52%.


Palmer Square Capital BDC Gross-Profit-to-Asset % Historical Data

The historical data trend for Palmer Square Capital BDC's Gross-Profit-to-Asset % 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.

* Premium members only.

Palmer Square Capital BDC Gross-Profit-to-Asset % Chart

Palmer Square Capital BDC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- 2.22 -6.40 10.02

Palmer Square Capital BDC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 10.75 9.06 12.37 7.96 7.52

Competitive Comparison of Palmer Square Capital BDC's Gross-Profit-to-Asset %

For the Asset Management subindustry, Palmer Square Capital BDC's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

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

* The bar in red indicates where Palmer Square Capital BDC's Gross-Profit-to-Asset % falls into.



Palmer Square Capital BDC Gross-Profit-to-Asset % Calculation

Palmer Square Capital BDC's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=109.181/( (1057.453+1121.815)/ 2 )
=109.181/1089.634
=10.02 %

Palmer Square Capital BDC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=95.308/( (1121.815+1412.542)/ 2 )
=95.308/1267.1785
=7.52 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Palmer Square Capital BDC Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Palmer Square Capital BDC's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Palmer Square Capital BDC (Palmer Square Capital BDC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
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.

Palmer Square Capital BDC (Palmer Square Capital BDC) Headlines