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Blackstone Loan Financing (LSE:BGLF) ROA % : 37.87% (As of Jun. 2024)


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What is Blackstone Loan Financing ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Blackstone Loan Financing's annualized Net Income for the quarter that ended in Jun. 2024 was €125.8 Mil. Blackstone Loan Financing's average Total Assets over the quarter that ended in Jun. 2024 was €332.2 Mil. Therefore, Blackstone Loan Financing's annualized ROA % for the quarter that ended in Jun. 2024 was 37.87%.

The historical rank and industry rank for Blackstone Loan Financing's ROA % or its related term are showing as below:

LSE:BGLF' s ROA % Range Over the Past 10 Years
Min: -19.88   Med: 10.16   Max: 31.75
Current: 31.75

During the past 8 years, Blackstone Loan Financing's highest ROA % was 31.75%. The lowest was -19.88%. And the median was 10.16%.

LSE:BGLF's ROA % is ranked better than
97.74% of 1681 companies
in the Asset Management industry
Industry Median: 5.05 vs LSE:BGLF: 31.75

Blackstone Loan Financing ROA % Historical Data

The historical data trend for Blackstone Loan Financing's ROA % 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 Loan Financing ROA % Chart

Blackstone Loan Financing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 16.13 8.14 15.08 -19.88 18.91

Blackstone Loan Financing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.63 -9.49 13.19 25.18 37.87

Competitive Comparison of Blackstone Loan Financing's ROA %

For the Asset Management subindustry, Blackstone Loan Financing's ROA %, along with its competitors' market caps and ROA % 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 Loan Financing's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Loan Financing's ROA % distribution charts can be found below:

* The bar in red indicates where Blackstone Loan Financing's ROA % falls into.



Blackstone Loan Financing ROA % Calculation

Blackstone Loan Financing's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=59.35/( (304.033+323.761)/ 2 )
=59.35/313.897
=18.91 %

Blackstone Loan Financing's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=125.81/( (323.761+340.727)/ 2 )
=125.81/332.244
=37.87 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Jun. 2024) net income data. ROA % is displayed in the 30-year financial page.


Blackstone Loan Financing  (LSE:BGLF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=125.81/332.244
=(Net Income / Revenue)*(Revenue / Total Assets)
=(125.81 / 127.216)*(127.216 / 332.244)
=Net Margin %*Asset Turnover
=98.89 %*0.3829
=37.87 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Blackstone Loan Financing ROA % Related Terms

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Blackstone Loan Financing Business Description

Traded in Other Exchanges
N/A
Address
IFC1, The Esplanade, Channel Islands, Saint Helier, JEY, JE1 4BP
Blackstone Loan Financing Ltd is an internally managed investment fund. Its investment objective is to provide shareholders with stable and growing income returns and to grow the capital value of the investment portfolio by exposure predominantly to floating rate senior secured loans directly and indirectly through CLO Securities and investments in Loan Warehouses. The company seeks to achieve its investment objective through exposure to one or more companies or entities established from time to time.

Blackstone Loan Financing Headlines

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