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Blackstone Secured Lending Fund (STU:GM8) Scaled Net Operating Assets : 1.02 (As of Mar. 2024)


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What is Blackstone Secured Lending 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 Secured Lending Fund's operating assets for the quarter that ended in Mar. 2024 was €9,712.8 Mil. Blackstone Secured Lending Fund's operating liabilities for the quarter that ended in Mar. 2024 was €253.3 Mil. Blackstone Secured Lending Fund's Total Assets for the quarter that ended in Dec. 2023 was €9,293.4 Mil. Therefore, Blackstone Secured Lending Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.02.


Blackstone Secured Lending 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 Secured Lending 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 )
=(9151.441-248.183)/9354.091
=0.95

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9293.445 - 142.004
=9151.441

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4752.423 - 4504.24 - 0
=248.183

Blackstone Secured Lending Fund'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 )
=(9712.807-253.254)/9293.445
=1.02

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9848.651 - 135.844
=9712.807

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5105.439 - 4852.185 - 0
=253.254

* 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 Secured Lending Fund (STU:GM8) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives primarily through originated loans and other securities, including syndicated loans, of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, and unsecured and subordinated loans and other debt and equity securities.