Blackstone Long Term Debt vs Other Current Assets Analysis

BGLP Stock   65.00  1.00  1.52%   
Blackstone Loan financial indicator trend analysis is way more than just evaluating Blackstone Loan Financing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackstone Loan Financing is a good investment. Please check the relationship between Blackstone Loan Long Term Debt and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Loan Financing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Loan Financing Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blackstone Loan's Long Term Debt and Other Current Assets is 0.91. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Blackstone Loan Financing, assuming nothing else is changed. The correlation between historical values of Blackstone Loan's Long Term Debt and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Blackstone Loan Financing are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Blackstone Loan's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Debt

Long-term debt is a debt that Blackstone Loan Financing has held for over one year. Long-term debt appears on Blackstone Loan Financing balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Blackstone Loan Financing balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Blackstone Loan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Loan Financing current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Loan Financing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 967.8 K in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.1M1.2M1.7M1.1M
Cost Of Revenue400.0K400.4K531.2K680.9K

Blackstone Loan fundamental ratios Correlations

-0.331.00.070.010.52-0.471.00.31-0.330.340.90.840.09-0.37-0.07-0.020.720.25-0.45-0.44
-0.33-0.33-0.110.230.30.44-0.320.14-0.01-0.4-0.4-0.43-0.170.08-0.050.09-0.22-0.040.130.09
1.0-0.330.060.00.52-0.491.00.3-0.350.360.90.850.08-0.38-0.09-0.020.730.26-0.46-0.45
0.07-0.110.060.72-0.050.720.070.80.79-0.76-0.28-0.40.860.870.91-0.16-0.53-0.420.820.3
0.010.230.00.720.030.740.010.820.47-0.77-0.28-0.430.720.620.7-0.63-0.42-0.440.580.32
0.520.30.52-0.050.03-0.160.520.32-0.320.040.340.32-0.3-0.32-0.320.030.230.25-0.31-0.06
-0.470.44-0.490.720.74-0.16-0.470.620.75-0.91-0.75-0.830.640.870.76-0.15-0.82-0.650.890.39
1.0-0.321.00.070.010.52-0.470.31-0.330.340.90.840.09-0.37-0.07-0.020.720.25-0.45-0.45
0.310.140.30.80.820.320.620.310.44-0.76-0.08-0.210.720.540.65-0.24-0.35-0.490.490.03
-0.33-0.01-0.350.790.47-0.320.75-0.330.44-0.71-0.59-0.650.740.920.890.06-0.67-0.490.90.14
0.34-0.40.36-0.76-0.770.04-0.910.34-0.76-0.710.650.75-0.65-0.81-0.730.140.780.52-0.8-0.29
0.9-0.40.9-0.28-0.280.34-0.750.9-0.08-0.590.650.99-0.18-0.63-0.340.020.910.43-0.69-0.5
0.84-0.430.85-0.4-0.430.32-0.830.84-0.21-0.650.750.99-0.3-0.71-0.460.110.920.45-0.76-0.52
0.09-0.170.080.860.72-0.30.640.090.720.74-0.65-0.18-0.30.740.91-0.15-0.36-0.570.65-0.01
-0.370.08-0.380.870.62-0.320.87-0.370.540.92-0.81-0.63-0.710.740.92-0.08-0.76-0.50.990.39
-0.07-0.05-0.090.910.7-0.320.76-0.070.650.89-0.73-0.34-0.460.910.92-0.14-0.5-0.510.860.13
-0.020.09-0.02-0.16-0.630.03-0.15-0.02-0.240.060.140.020.11-0.15-0.08-0.140.060.02-0.09-0.43
0.72-0.220.73-0.53-0.420.23-0.820.72-0.35-0.670.780.910.92-0.36-0.76-0.50.060.57-0.81-0.51
0.25-0.040.26-0.42-0.440.25-0.650.25-0.49-0.490.520.430.45-0.57-0.5-0.510.020.57-0.50.13
-0.450.13-0.460.820.58-0.310.89-0.450.490.9-0.8-0.69-0.760.650.990.86-0.09-0.81-0.50.45
-0.440.09-0.450.30.32-0.060.39-0.450.030.14-0.29-0.5-0.52-0.010.390.13-0.43-0.510.130.45
Click cells to compare fundamentals

Blackstone Loan Account Relationship Matchups

Blackstone Loan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets348.5M366.5M356.3M269.1M280.4M262.9M
Total Current Liabilities204.0K313.8K372.5K641.1K530.8K521.6K
Total Stockholder Equity347.8M365.4M354.8M266.9M278.0M262.1M
Net Tangible Assets326.4M410.5M408.2M422.0M485.3M399.3M
Cash9.7M18.6M4.8M5.5M15.4M16.1M
Total Liab657.2K1.1M1.4M2.1M2.4M2.5M
Total Current Assets348.3M365.7M356.6M269.3M280.4M262.9M
Common Stock407.0M422.0M386.0M396.0M386.5M413.9M
Other Current Liab204.0K313.8K372.5K641.1K530.8K301.0K
Retained Earnings(59.1M)(56.6M)(31.1M)(129.1M)(108.5M)(103.1M)
Cash And Short Term Investments348.3M366.3M356.2M269.0M280.3M265.9M
Short Term Investments338.6M347.8M351.4M263.5M265.0M259.1M
Other Current Assets338.1M346.4M351.8M263.8M265.0M246.2M
Short Long Term Debt Total453.0K778.7K1.0M1.5M1.9M1.1M

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When running Blackstone Loan's price analysis, check to measure Blackstone Loan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone Loan is operating at the current time. Most of Blackstone Loan's value examination focuses on studying past and present price action to predict the probability of Blackstone Loan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone Loan's price. Additionally, you may evaluate how the addition of Blackstone Loan to your portfolios can decrease your overall portfolio volatility.