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Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) FCF Yield % : 16.58 (As of Apr. 29, 2024)


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What is Blackstone Long-Short Creditome Fund FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Blackstone Long-Short Creditome Fund's Trailing 12-Month Free Cash Flow is $25.61 Mil, and Market Cap is $154.41 Mil. Therefore, Blackstone Long-Short Creditome Fund's FCF Yield % for today is 16.58%.

The historical rank and industry rank for Blackstone Long-Short Creditome Fund's FCF Yield % or its related term are showing as below:

BGX' s FCF Yield % Range Over the Past 10 Years
Min: -3.28   Med: 11.45   Max: 32.34
Current: 16.58


During the past 7 years, the highest FCF Yield % of Blackstone Long-Short Creditome Fund was 32.34%. The lowest was -3.28%. And the median was 11.45%.

BGX's FCF Yield % is ranked better than
85.51% of 1594 companies
in the Asset Management industry
Industry Median: 3.21 vs BGX: 16.58

Blackstone Long-Short Creditome Fund's FCF Margin % for the quarter that ended in Dec. 2023 was 238.62%.


Blackstone Long-Short Creditome Fund FCF Yield % Historical Data

The historical data trend for Blackstone Long-Short Creditome Fund's FCF Yield % 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.

Blackstone Long-Short Creditome Fund FCF Yield % Chart

Blackstone Long-Short Creditome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial 11.13 20.12 -0.78 31.69 17.60

Blackstone Long-Short Creditome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 22.41 39.61 -7.63 42.75

Competitive Comparison of Blackstone Long-Short Creditome Fund's FCF Yield %

For the Asset Management subindustry, Blackstone Long-Short Creditome Fund's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.


Blackstone Long-Short Creditome Fund's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Long-Short Creditome Fund's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Blackstone Long-Short Creditome Fund's FCF Yield % falls into.



Blackstone Long-Short Creditome Fund FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Blackstone Long-Short Creditome Fund's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=25.607 / 145.510035
=17.60%

Blackstone Long-Short Creditome Fund's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=31.104 * 2 / 145.510035
=42.75%

* 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.


Blackstone Long-Short Creditome Fund FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Blackstone Long-Short Creditome Fund FCF Yield % Related Terms

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Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Long-Short Credit Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic long-short strategy in a diversified portfolio of loans and fixed-income instruments of predominantly U.S. corporate issuers, including first- and second-lien secured loans (Secured Loans) and high yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Jane Lee officer: Public Relations Officer 1290 BROADWAY, SUITE 1100 CO 80203
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019

Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) Headlines

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