BX (Blackstone) LT-Debt-to-Total-Asset : 0.28 (As of Sep. 2024)

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What is Blackstone LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Blackstone's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.28.

Blackstone's long-term debt to total assets ratio declined from Sep. 2023 (0.31) to Sep. 2024 (0.28). It may suggest that Blackstone is progressively becoming less dependent on debt to grow their business.

Blackstone LT-Debt-to-Total-Asset Historical Data

The historical data trend for Blackstone's LT-Debt-to-Total-Asset 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.

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Blackstone LT-Debt-to-Total-Asset Chart

Blackstone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.24

0.21

0.31

Blackstone Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.31	0.29	0.29	0.28

Blackstone LT-Debt-to-Total-Asset Calculation

Blackstone's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	12293.882	/	40287.53
	=	0.31

Blackstone's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	11888.917	/	42575.442
	=	0.28

Blackstone (NYSE:BX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Blackstone LT-Debt-to-Total-Asset Related Terms

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Blackstone Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Inc (NYSE:BX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BX:Mexico BBN1:Germany

Address

345 Park Avenue, New York, NY, USA, 10154

Website

https://www.blackstone.com

Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Executives

John G Finley	officer: Chief Legal Officer	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Ruth Porat	director	C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
Joseph Baratta	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
David Payne	officer: Chief Accounting Officer	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Reginald J Brown	director	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett	director	THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer	director	ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James	director, officer: President and COO	JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar	officer: SMD - Public Market Activities	THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano	officer: Principal Accounting Officer	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood	director	C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte	director	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman	director	C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill	director, officer: Vice Chairman