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Blackstone Mortgage Trust (STU:079A) Scaled Net Operating Assets : 0.94 (As of Mar. 2024)


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What is Blackstone Mortgage Trust 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 Mortgage Trust's operating assets for the quarter that ended in Mar. 2024 was €21,023.7 Mil. Blackstone Mortgage Trust's operating liabilities for the quarter that ended in Mar. 2024 was €215.0 Mil. Blackstone Mortgage Trust's Total Assets for the quarter that ended in Dec. 2023 was €22,041.2 Mil. Therefore, Blackstone Mortgage Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.94.

Blackstone Mortgage Trust 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 Mortgage Trust'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 )
=(21720.212-320.038)/23934.162
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=22041.175 - 320.963
=21720.212

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18017.834 - 6067.398 - 11630.398
=320.038

Blackstone Mortgage Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(21023.727-215.023)/22041.175
=0.94

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=21404.594 - 380.867
=21023.727

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17573.174 - 5961.845 - 11396.306
=215.023

* 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 (STU:079A) Business Description

Industry
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Traded in Other Exchanges
BXMT:USA BXMT:Mexico
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.