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Blackstone Secured Lending Fund (BXSL)
NYSE:BXSL
US Market

Blackstone Secured Lending Fund (BXSL) Ratios

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Blackstone Secured Lending Fund Ratios

BXSL's free cash flow for Q4 2025 was $2.36. For the 2025 fiscal year, BXSL's free cash flow was decreased by $ and operating cash flow was $1.05. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
1.27 1.27 1.45 29.15 0.66
Quick Ratio
1.27 1.27 1.45 29.15 0.66
Cash Ratio
0.93 0.93 0.94 18.08 0.31
Solvency Ratio
0.07 0.08 0.09 0.12 0.07
Operating Cash Flow Ratio
-1.48 -1.48 -10.35 53.56 1.59
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
$ -8.02B$ -8.02B$ -7.04B$ -4.93B$ -5.47B
Leverage Ratios
Debt-to-Assets Ratio
0.55 0.55 0.52 0.48 0.56
Debt-to-Equity Ratio
1.29 1.29 1.16 0.99 1.33
Debt-to-Capital Ratio
0.56 0.56 0.54 0.50 0.57
Long-Term Debt-to-Capital Ratio
0.56 0.56 0.54 0.50 0.57
Financial Leverage Ratio
2.35 2.35 2.22 2.05 2.38
Debt Service Coverage Ratio
1.26 0.24 2.19 2.39 2.05
Interest Coverage Ratio
1.26 2.52 2.24 2.46 2.06
Debt to Market Cap
1.43 1.34 1.08 1.06 1.49
Interest Debt Per Share
37.61 36.92 36.61 30.83 34.47
Net Debt to EBITDA
11.46 81.34 9.63 7.57 13.29
Profitability Margins
Gross Profit Margin
103.87%78.58%69.81%70.74%66.20%
EBIT Margin
70.73%0.00%67.65%71.88%69.50%
EBITDA Margin
70.91%7.56%67.65%71.88%69.50%
Operating Profit Margin
70.79%75.83%67.65%71.88%69.50%
Pretax Profit Margin
60.12%44.71%67.65%71.88%69.50%
Net Profit Margin
58.80%44.48%66.26%69.96%69.26%
Continuous Operations Profit Margin
58.80%44.48%66.26%69.96%69.26%
Net Income Per EBT
97.81%99.49%97.95%97.33%99.66%
EBT Per EBIT
84.92%58.96%100.00%100.00%100.00%
Return on Assets (ROA)
3.84%3.84%5.15%6.04%4.08%
Return on Equity (ROE)
9.00%9.02%11.42%12.36%9.73%
Return on Capital Employed (ROCE)
4.73%6.70%5.36%6.21%4.28%
Return on Invested Capital (ROIC)
4.71%6.67%5.25%6.04%4.27%
Return on Tangible Assets
3.84%3.84%5.15%6.04%4.08%
Earnings Yield
10.16%9.34%10.67%13.21%10.90%
Efficiency Ratios
Receivables Turnover
9.07 11.98 8.43 9.22 3.97
Payables Turnover
1.12 1.12 1.30 29.88 9.74
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00
Asset Turnover
0.07 0.09 0.08 0.09 0.06
Working Capital Turnover Ratio
15.10 13.01 5.97 18.21 -17.15
Cash Conversion Cycle
-286.27 -296.07 -238.28 27.37 54.47
Days of Sales Outstanding
40.26 30.46 43.29 39.59 91.95
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
326.53 326.53 281.57 12.21 37.48
Operating Cycle
40.26 30.46 43.29 39.59 91.95
Cash Flow Ratios
Operating Cash Flow Per Share
-2.00 -2.00 -12.55 2.74 4.05
Free Cash Flow Per Share
-2.00 -2.00 -12.55 2.74 4.05
CapEx Per Share
0.00 0.00 0.00 0.00 0.00
Free Cash Flow to Operating Cash Flow
1.00 1.00 1.00 1.00 1.00
Dividend Paid and CapEx Coverage Ratio
-0.68 -0.68 -4.33 1.05 1.59
Capital Expenditure Coverage Ratio
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Coverage Ratio
-0.06 -0.06 -0.36 0.09 0.12
Operating Cash Flow to Sales Ratio
-0.48 -0.36 -2.41 0.52 1.15
Free Cash Flow Yield
-8.16%-7.60%-38.83%9.90%18.13%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
9.89 10.71 9.37 7.57 9.17
Price-to-Sales (P/S) Ratio
5.89 4.76 6.21 5.30 6.35
Price-to-Book (P/B) Ratio
0.89 0.97 1.07 0.94 0.89
Price-to-Free Cash Flow (P/FCF) Ratio
-12.31 -13.16 -2.58 10.10 5.52
Price-to-Operating Cash Flow Ratio
-12.15 -13.16 -2.58 10.10 5.52
Price-to-Earnings Growth (PEG) Ratio
-1.31 -0.37 -1.71 0.15 -0.39
Price-to-Fair Value
0.89 0.97 1.07 0.94 0.89
Enterprise Value Multiple
19.77 144.34 18.82 14.93 22.44
Enterprise Value
13.41B 13.82B 13.33B 9.39B 9.11B
EV to EBITDA
19.74 144.34 18.82 14.93 22.44
EV to Sales
14.00 10.91 12.73 10.73 15.59
EV to Free Cash Flow
-29.24 -30.14 -5.28 20.47 13.53
EV to Operating Cash Flow
-29.24 -30.14 -5.28 20.47 13.53
Tangible Book Value Per Share
27.25 27.25 30.18 29.54 25.04
Shareholders’ Equity Per Share
27.25 27.25 30.18 29.54 25.04
Tax and Other Ratios
Effective Tax Rate
<0.01 <0.01 0.02 0.03 <0.01
Revenue Per Share
4.18 5.53 5.20 5.22 3.52
Net Income Per Share
2.46 2.46 3.45 3.65 2.44
Tax Burden
0.98 0.99 0.98 0.97 1.00
Interest Burden
0.85 0.00 1.00 1.00 1.00
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.02 0.01 0.01 0.02 0.02
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
-0.51 0.00 -3.64 0.75 1.66
Currency in USD