Blackstone Strategic Credit Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Blackstone Strategic Credit Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $282.60 Mil. Blackstone Strategic Credit Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $565.47 Mil.
Blackstone Strategic Credit Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.50.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Blackstone Strategic Credit Fund's Debt-to-Equity or its related term are showing as below:
BGB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.5 Max: 0.53
Current: 0.5
During the past 7 years, the highest Debt-to-Equity Ratio of Blackstone Strategic Credit Fund was 0.53. The lowest was 0.49. And the median was 0.50.
Blackstone Strategic Credit Fund Debt-to-Equity Historical Data
The historical data trend for Blackstone Strategic Credit Fund's Debt-to-Equity 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.
|
Blackstone Strategic Credit Fund Annual Data
|
|
Trend |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
0.52 |
0.49 |
0.50 |
0.50 |
0.50 |
|
Blackstone Strategic Credit Fund Semi-Annual Data
|
|
Dec17 |
Jun18 |
Dec18 |
Jun19 |
Dec19 |
Jun20 |
Dec20 |
Jun21 |
Dec21 |
Jun22 |
Dec22 |
Jun23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
0.50 |
0.52 |
0.50 |
0.47 |
0.50 |
Competitive Comparison
For the Asset Management subindustry, Blackstone Strategic Credit Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Strategic Credit Fund Debt-to-Equity Distribution
For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Blackstone Strategic Credit Fund's Debt-to-Equity falls into.
Blackstone Strategic Credit Fund Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Blackstone Strategic Credit Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Blackstone Strategic Credit Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description
Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior 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 |
| Valerie Naratil |
officer: Public Relations Officer |
345 PARK AVENUE, NEW YORK NY 10154 |
| Metlife Investment Management, Llc |
10 percent owner |
ONE METLIFE WAY, WHIPPANY NJ 07981 |
| William J Renahan |
officer: Chief Compliance Officer |
399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
| 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 |
| Robert W Busch |
officer: CFO & Treasurer |
C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019 |
| Robert Zable |
other: Portfolio Mngr,Mbr of Inv.Comm |
1290 BROADWAY, SUITE 1100, DENVER CO 80203 |
| Voya Financial, Inc. |
10 percent owner |
230 PARK AVENUE, NEW YORK NY 10169 |
| Lion Connecticut Holdings Inc. |
10 percent owner |
ONE ORANGE WAY, WINDSOR CT 06095 |
| 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 |
| Sun Life Financial Inc |
10 percent owner |
SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6 |
| Sun Life Assurance Co Of Canada |
10 percent owner |
ONE YORK STREET, TORONTO A6 M5J 0B6 |
Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Headlines
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