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Blackstone Secured Lending FundBXSL +0.93%43 Equity-to-Asset is 0.43 as of Jun. 2026, which is 7% below its 10-year median of 0.46. GuruFocus rates BXSL with a GF Score™ of 43/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,629 Asset Management companies, Blackstone Secured Lending Fund ranks worse than 85.88% on this metric.
Blackstone Secured Lending Fund (NYSE:BXSL) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Blackstone Secured Lending Fund Equity-to-Asset Related Terms
Blackstone Secured Lending Fund Equity-to-Asset Historical Data
* 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 Secured Lending Fund Equity-to-Asset Chart
BXSL vs OBDC, MAIN, HASI: Equity-to-Asset Comparison
For the Asset Management subindustry, Blackstone Secured Lending Fund's Equity-to-Asset, along with its competitors' market caps and Equity-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.
Blackstone Secured Lending Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone Secured Lending Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blackstone Secured Lending Fund's Equity-to-Asset falls into.
Blackstone Secured Lending Fund Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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 Secured Lending Fund (BXSL) has a Equity-to-Asset of 0.43 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackstone Secured Lending Fund and its competitors. This is near median its historical median of 0.46. Over the past decade, Blackstone Secured Lending Fund's Equity-to-Asset has ranged from 0.41 to 0.63. According to the industry distribution chart, Blackstone Secured Lending Fund ranks #1399 out of 1629 companies in the Asset Management industry, placing it in the top 85.9%.
Is Blackstone Secured Lending Fund's Equity-to-Asset too high?
Blackstone Secured Lending Fund's current Equity-to-Asset of 0.43 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.63. The Asset Management industry median Equity-to-Asset is 0.83. Blackstone Secured Lending Fund's value of 0.43 is 48.2% below this industry median. Based on the distribution chart, Blackstone Secured Lending Fund ranks #1399 out of 1629 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackstone Secured Lending Fund has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Secured Lending Fund's Equity-to-Asset compare to OBDC and MAIN?
According to the Asset Management industry distribution chart, Blackstone Secured Lending Fund ranks #1399 out of 1629 companies for Equity-to-Asset. This places Blackstone Secured Lending Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Blackstone Secured Lending Fund's value of 0.43 is 48.2% below this benchmark. Historically, Blackstone Secured Lending Fund's own Equity-to-Asset has ranged from 0.41 to 0.63 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.83, Blackstone Secured Lending Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,629 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone Secured Lending Fund's current Equity-to-Asset of 0.43 is 48.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackstone Secured Lending Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Secured Lending Fund's current Equity-to-Asset is 0.43, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Secured Lending Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Secured Lending Fund (BXSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $24.99 — trading 92.2% above its estimated fair value. The current Equity-to-Asset is 0.43, which is near median its 10-year median of 0.46 and 48.2% below the Asset Management industry median of 0.83. Blackstone Secured Lending Fund's overall GF Score™ is 43/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Blackstone Secured Lending Fund (BXSL), the current Equity-to-Asset is 0.43 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Blackstone Secured Lending Fund (BXSL) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Secured Lending Fund stock appears to be overvalued.
The current stock price of $24.99 is trading 92.2% above its estimated GF Value™ of $13.00.
GuruFocus considers Blackstone Secured Lending Fund to be Significantly Overvalued.
Key valuation signals for BXSL:
Equity-to-Asset: 0.43 (near median its 10-year median of 0.46)
GF Value™: $13.00 vs. price of $24.99 (92.2% above fair value)
Industry Position: 48.2% below the Asset Management median (#1399 of 1629)
No single metric tells the full story. See the BXSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives by investing in originated loans and other securities, including syndicated loans of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, unsecured and subordinated loans, and other securities. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies.
43GF Score
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