Blackstone Total Current Liabilities vs Net Debt Analysis

BX Stock

USD 191.09 2.07 1.10%

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

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Group Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Blackstone's Total Current Liabilities and Net Debt is 0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt in the same time period over historical financial statements of Blackstone Group, assuming nothing else is changed. The correlation between historical values of Blackstone's Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blackstone Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Blackstone's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Blackstone balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackstone Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Blackstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Group 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 Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

At this time, Blackstone's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Tax Provision is likely to drop slightly above 463.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	8.3B	3.6B	7.4B	7.8B
Total Revenue	16.7B	7.1B	7.7B	5.4B

Gross Profit Total Revenue

Blackstone fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Accounts Payable	Long Term Debt	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total
Total Assets		0.16	0.52	0.37	0.66	0.6	0.49	-0.24	-0.23	0.79	0.55	-0.17	-0.7	0.24	0.91	0.08	-0.53	-0.41	0.49	-0.35	0.42	0.42	0.49	-0.45	0.38	0.14
Total Stockholder Equity	0.16		0.23	-0.66	0.29	-0.21	-0.22	0.44	-0.39	-0.03	0.3	0.0	-0.02	0.81	-0.07	-0.3	-0.38	-0.46	-0.5	-0.34	-0.05	-0.36	-0.64	-0.34	0.28	-0.42
Property Plant And Equipment Net	0.52	0.23		-0.18	0.54	0.66	0.69	-0.63	0.02	0.67	0.85	-0.22	-0.88	0.66	0.37	0.3	-0.59	-0.86	-0.13	-0.85	0.04	0.5	-0.03	-0.89	0.71	0.43
Net Debt	0.37	-0.66	-0.18		-0.08	0.19	0.31	-0.28	0.09	0.19	-0.17	-0.29	-0.07	-0.6	0.65	0.08	0.33	0.35	0.8	0.31	0.19	0.5	0.96	0.27	-0.27	0.43
Retained Earnings	0.66	0.29	0.54	-0.08		0.39	0.16	-0.02	0.05	0.71	0.33	-0.06	-0.63	0.34	0.45	0.34	-0.43	-0.55	-0.07	-0.55	0.12	0.01	-0.04	-0.58	0.59	-0.12
Cash	0.6	-0.21	0.66	0.19	0.39		0.69	-0.61	0.03	0.73	0.56	0.18	-0.85	0.13	0.55	0.24	-0.64	-0.43	0.29	-0.45	0.09	0.63	0.37	-0.51	0.5	0.33
Non Current Assets Total	0.49	-0.22	0.69	0.31	0.16	0.69		-0.91	-0.16	0.48	0.65	-0.07	-0.63	0.06	0.49	-0.04	-0.34	-0.27	0.37	-0.25	0.26	0.88	0.45	-0.34	0.22	0.83
Other Assets	-0.24	0.44	-0.63	-0.28	-0.02	-0.61	-0.91		-0.16	-0.36	-0.57	0.07	0.53	0.07	-0.3	-0.23	0.22	0.21	-0.26	0.27	-0.11	-0.85	-0.42	0.29	-0.19	-0.89
Cash And Short Term Investments	-0.23	-0.39	0.02	0.09	0.05	0.03	-0.16	-0.16		-0.11	-0.14	-0.3	0.05	-0.2	-0.09	0.92	0.27	-0.03	-0.02	-0.24	-0.18	0.09	0.06	-0.06	0.15	0.08
Net Receivables	0.79	-0.03	0.67	0.19	0.71	0.73	0.48	-0.36	-0.11		0.61	0.0	-0.89	0.26	0.67	0.26	-0.64	-0.59	0.18	-0.57	0.1	0.35	0.33	-0.67	0.61	0.17
Good Will	0.55	0.3	0.85	-0.17	0.33	0.56	0.65	-0.57	-0.14	0.61		-0.07	-0.72	0.63	0.41	0.12	-0.58	-0.72	-0.06	-0.65	0.08	0.46	0.03	-0.72	0.7	0.43
Common Stock Shares Outstanding	-0.17	0.0	-0.22	-0.29	-0.06	0.18	-0.07	0.07	-0.3	0.0	-0.07		0.11	-0.19	-0.22	-0.35	-0.41	0.29	-0.28	0.29	-0.29	-0.18	-0.18	0.29	-0.07	-0.2
Other Current Assets	-0.7	-0.02	-0.88	-0.07	-0.63	-0.85	-0.63	0.53	0.05	-0.89	-0.72	0.11		-0.45	-0.57	-0.3	0.64	0.77	-0.12	0.75	-0.09	-0.47	-0.22	0.84	-0.72	-0.29
Other Stockholder Equity	0.24	0.81	0.66	-0.6	0.34	0.13	0.06	0.07	-0.2	0.26	0.63	-0.19	-0.45		0.04	0.01	-0.5	-0.87	-0.51	-0.78	-0.17	-0.12	-0.52	-0.79	0.65	-0.14
Total Liab	0.91	-0.07	0.37	0.65	0.45	0.55	0.49	-0.3	-0.09	0.67	0.41	-0.22	-0.57	0.04		0.14	-0.34	-0.25	0.6	-0.24	0.26	0.54	0.76	-0.3	0.23	0.28
Total Current Assets	0.08	-0.3	0.3	0.08	0.34	0.24	-0.04	-0.23	0.92	0.26	0.12	-0.35	-0.3	0.01	0.14		0.01	-0.33	-0.02	-0.52	-0.12	0.13	0.11	-0.38	0.41	0.08
Intangible Assets	-0.53	-0.38	-0.59	0.33	-0.43	-0.64	-0.34	0.22	0.27	-0.64	-0.58	-0.41	0.64	-0.5	-0.34	0.01		0.53	0.16	0.51	0.01	-0.22	0.11	0.53	-0.39	0.06
Common Stock	-0.41	-0.46	-0.86	0.35	-0.55	-0.43	-0.27	0.21	-0.03	-0.59	-0.72	0.29	0.77	-0.87	-0.25	-0.33	0.53		0.35	0.97	0.14	-0.08	0.25	0.99	-0.82	-0.06
Short Long Term Debt Total	0.49	-0.5	-0.13	0.8	-0.07	0.29	0.37	-0.26	-0.02	0.18	-0.06	-0.28	-0.12	-0.51	0.6	-0.02	0.16	0.35		0.37	0.58	0.51	0.8	0.27	-0.26	0.33
Other Current Liab	-0.35	-0.34	-0.85	0.31	-0.55	-0.45	-0.25	0.27	-0.24	-0.57	-0.65	0.29	0.75	-0.78	-0.24	-0.52	0.51	0.97	0.37		0.23	-0.13	0.2	0.97	-0.8	-0.09
Other Liab	0.42	-0.05	0.04	0.19	0.12	0.09	0.26	-0.11	-0.18	0.1	0.08	-0.29	-0.09	-0.17	0.26	-0.12	0.01	0.14	0.58	0.23		0.13	0.21	0.12	-0.23	-0.02
Accounts Payable	0.42	-0.36	0.5	0.5	0.01	0.63	0.88	-0.85	0.09	0.35	0.46	-0.18	-0.47	-0.12	0.54	0.13	-0.22	-0.08	0.51	-0.13	0.13		0.6	-0.15	0.04	0.84
Long Term Debt	0.49	-0.64	-0.03	0.96	-0.04	0.37	0.45	-0.42	0.06	0.33	0.03	-0.18	-0.22	-0.52	0.76	0.11	0.11	0.25	0.8	0.2	0.21	0.6		0.15	-0.17	0.49
Common Stock Total Equity	-0.45	-0.34	-0.89	0.27	-0.58	-0.51	-0.34	0.29	-0.06	-0.67	-0.72	0.29	0.84	-0.79	-0.3	-0.38	0.53	0.99	0.27	0.97	0.12	-0.15	0.15		-0.83	-0.12
Short Term Investments	0.38	0.28	0.71	-0.27	0.59	0.5	0.22	-0.19	0.15	0.61	0.7	-0.07	-0.72	0.65	0.23	0.41	-0.39	-0.82	-0.26	-0.8	-0.23	0.04	-0.17	-0.83		0.05
Non Current Liabilities Total	0.14	-0.42	0.43	0.43	-0.12	0.33	0.83	-0.89	0.08	0.17	0.43	-0.2	-0.29	-0.14	0.28	0.08	0.06	-0.06	0.33	-0.09	-0.02	0.84	0.49	-0.12	0.05

Click cells to compare fundamentals

Blackstone Account Relationship Matchups

Blackstone fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.6B	26.3B	41.2B	42.5B	40.3B	27.8B
Total Stockholder Equity	7.0B	6.7B	9.4B	7.7B	6.8B	6.7B
Property Plant And Equipment Net	625.5M	758.8M	1.0B	897.0M	1.4B	1.5B
Net Debt	9.6B	4.3B	6.6B	9.2B	9.0B	6.5B
Cash	2.2B	2.0B	2.1B	4.3B	3.3B	3.4B
Non Current Assets Total	25.2B	18.8B	32.0B	30.6B	63.6B	66.8B
Other Assets	1.6B	1.4B	1.8B	3.1B	(31.3B)	(29.7B)
Cash And Short Term Investments	2.2B	2.0B	2.1B	4.3B	3.3B	4.6B
Net Receivables	3.6B	4.1B	5.3B	4.6B	4.7B	2.7B
Common Stock Shares Outstanding	676.2M	697.3M	720.1M	740.9M	755.4M	616.9M
Liabilities And Stockholders Equity	32.6B	26.3B	41.2B	42.5B	40.3B	27.8B
Other Current Assets	(6.1B)	(6.2B)	(7.5B)	(9.1B)	(7.9B)	(7.5B)
Other Stockholder Equity	6.4B	6.3B	5.8B	5.9B	6.2B	6.5B
Total Current Assets	5.7B	6.1B	7.4B	8.9B	7.9B	6.0B
Short Long Term Debt Total	11.8B	6.3B	8.7B	13.5B	12.3B	9.0B
Other Current Liab	(806.2M)	(1.3B)	(1.7B)	(2.2B)	(2.4B)	(2.3B)
Other Liab	1.1B	1.1B	1.9B	2.3B	2.0B	1.3B
Accounts Payable	806.2M	717.1M	937.2M	1.3B	2.3B	2.4B
Long Term Debt	11.1B	5.6B	7.7B	12.3B	14.2B	7.8B
Non Current Liabilities Total	11.8B	6.3B	8.7B	1.2B	23.0B	24.2B
Property Plant Equipment	625.5M	526.9M	789.0M	897.0M	1.0B	1.1B
Total Current Liabilities	806.2M	717.1M	937.2M	1.2B	2.4B	2.3B
Non Currrent Assets Other	(1.1B)	(1.2B)	(1.6B)	(2.1B)	(29.8B)	(28.3B)
Property Plant And Equipment Gross	625.5M	758.8M	1.3B	1.6B	1.8B	1.9B
Short Term Debt	238.8M	168.8M	178.1M	232.1M	163.0M	154.9M
Net Tangible Assets	4.8B	4.5B	7.2B	7.3B	6.5B	7.2B
Long Term Debt Total	11.1B	5.6B	7.7B	12.3B	14.2B	10.3B
Long Term Investments	22.3B	15.6B	28.7B	27.6B	26.3B	22.7B
Non Current Liabilities Other	772.7M	748.7M	993.9M	1.1B	1.3B	1.3B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Blackstone Stock Analysis

When running Blackstone's price analysis, check to measure Blackstone'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 is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone'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's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Blackstone Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Blackstone fundamental ratios Correlations

Blackstone Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Blackstone fundamental ratios Accounts

Also Currently Popular

Additional Tools for Blackstone Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 0.99	Common Stock
Other Current Liab	+ 0.97	Common Stock
Common Stock Total Equity	+ 0.97	Other Current Liab
Long Term Debt	+ 0.96	Net Debt
Total Current Assets	+ 0.92	Cash And Short Term Investments
Total Liab	+ 0.91	Total Assets

Other Assets	- 0.91	Non Current Assets Total
Other Current Assets	- 0.89	Net Receivables
Non Current Liabilities Total	- 0.89	Other Assets
Common Stock Total Equity	- 0.89	Property Plant And Equipment Net
Other Current Assets	- 0.88	Property Plant And Equipment Net
Common Stock	- 0.87	Other Stockholder Equity