BXMT (Blackstone Mortgage Trust) LT-Debt-to-Total-Asset : 0.30 (As of Sep. 2024)

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What is Blackstone Mortgage Trust 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 Mortgage Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.30.

Blackstone Mortgage Trust's long-term debt to total assets ratio increased from Sep. 2023 (0.27) to Sep. 2024 (0.30). It may suggest that Blackstone Mortgage Trust is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Blackstone Mortgage Trust'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 Mortgage Trust LT-Debt-to-Total-Asset Chart

Blackstone Mortgage Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.29

0.25

0.27

0.28

Blackstone Mortgage Trust 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															0.27	0.28	0.28	0.28	0.30

Blackstone Mortgage Trust LT-Debt-to-Total-Asset Calculation

Blackstone Mortgage Trust'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 )
	=	6616.574	/	24036.178
	=	0.28

Blackstone Mortgage Trust'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 )
	=	6340.002	/	21443.194
	=	0.30

Blackstone Mortgage Trust (NYSE:BXMT) 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 Mortgage Trust LT-Debt-to-Total-Asset Related Terms

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Blackstone Mortgage Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Blackstone Mortgage Trust Inc (NYSE:BXMT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

079A:Germany 079A:Germany

Address

345 Park Avenue, 24th Floor, New York, NY, USA, 10154

Website

https://www.blackstonemortgagetrust.com

Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income.

Executives

Marone Anthony F. Jr	officer: Chief Financial Officer	C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Henry N Nassau	director	435 DEVON PARK DR, BLDG 600, WAYNE PA 19087
Katharine A Keenan	director, officer: CEO & President	C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Timothy Steven Johnson	director	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Nnenna Lynch	director	4040 WILSON BOULEVARD, SUITE1000, ARLINGTON VA 22203
Lynne B Sagalyn	director
Leonard W Cotton	director	625 MADISON AVENUE, NEW YORK NY 10022
Thomas E Dobrowski	director	MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Michael B. Nash	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Gilda Perez-alvarado	director	C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Jonathan Lee Pollack	director	C/O BLACKSTONE MORTGAGE TRUST, INC., 345 PARK AVE., 42ND FLOOR, NEW YORK NY 10154
Douglas N. Armer	officer: Principal and Treasurer	C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154
Stephen D Plavin	director, officer: CEO	OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY SUITE 350, ANN ARBOR MI 48108
Thomas C Ruffing	officer: CCO, Head of Asset Management	C/O CAPITAL TRUST, INC. 410 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Paul D Quinlan	officer: Chief Financial Officer	C/O BLACKSTONE MORTGAGE TRUST, 345 PARK AVENUE, NEW YORK NY 10154