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BSL (Blackstone Senior Floating Rate Term Fund) Scaled Net Operating Assets : 0.96 (As of Jun. 2024)


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What is Blackstone Senior Floating Rate Term Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Blackstone Senior Floating Rate Term Fund's operating assets for the quarter that ended in Jun. 2024 was $326.25 Mil. Blackstone Senior Floating Rate Term Fund's operating liabilities for the quarter that ended in Jun. 2024 was $43.11 Mil. Blackstone Senior Floating Rate Term Fund's Total Assets for the quarter that ended in Dec. 2023 was $295.90 Mil. Therefore, Blackstone Senior Floating Rate Term Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.96.

Blackstone Senior Floating Rate Term Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Blackstone Senior Floating Rate Term Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(295.894-15.973)/315.855
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=295.898 - 0.004
=295.894

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=105.573 - 89.6 - 0
=15.973

Blackstone Senior Floating Rate Term Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(326.251-43.11)/295.898
=0.96

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=326.29 - 0.039
=326.251

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=133.71 - 90.6 - 0
=43.11

* 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 Senior Floating Rate Term Fund Scaled Net Operating Assets Related Terms

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Blackstone Senior Floating Rate Term Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Senior Floating Rate Term Fund (NYSE:BSL) » Definitions » Scaled Net Operating Assets
Comparable Companies
EOD BENF IGI IHIT DMB PTMN VTN NBH NPV LGI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Website
http://www.blackstone-credit.com
Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
Executives
Thomas W Jasper other: Trustee C/O PRIMUS ASSET MANAGEMENT, INC., 360 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10017
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
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 officer: See Remarks, other: See Remarks 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Jane Lee other: Mng Dir.of Investment Advisor 1290 BROADWAY, SUITE 1100 CO 80203
Smith Daniel Harlan Jr. officer: CEO, President, other: Trustee, Chairman 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marisa Janel Beeney officer: CCO, Chief Legal Officer,Sec. 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Gary S Schpero other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Lee Michael Shaiman officer: Exec. VP, Assistant Secretary C/O INVESTCORP CREDIT MANAGEMENT BDC INC, 280 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10017