Blackstone Senior Floating Rate 2027 Term Fund Balance Sheet Health
Financial Health criteria checks 3/6
Blackstone Senior Floating Rate 2027 Term Fund has a total shareholder equity of $190.3M and total debt of $89.6M, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are $295.9M and $105.6M respectively. Blackstone Senior Floating Rate 2027 Term Fund's EBIT is $23.0M making its interest coverage ratio 4.5. It has cash and short-term investments of $4.5K.
Key information
47.1%
Debt to equity ratio
US$89.60m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$4.47k |
| Equity | US$190.33m |
| Total liabilities | US$105.57m |
| Total assets | US$295.90m |
Recent financial health updates
No updates
Recent updates
BSL: Floating Rate Fund, 10% Yield And 10% Discount (Rating Upgrade)
Jan 06Blackstone senior floating rate raises dividend by 22% to $0.10
Dec 13Blackstone GSO Senior Floating Rate Term Fund goes ex dividend tomorrow
Sep 21Blackstone GSO Senior Floating Rate Term Fund Set To Close In 2027
Nov 25BSL: Strong Historic Returns With Buyback Support
Dec 30Blackstone GSO Senior Floating Rate Term Fund declares $0.029 dividend
Dec 18Blackstone GSO Senior Floating Rate Term Fund declares $0.074 dividend
Dec 11Financial Position Analysis
Short Term Liabilities: BSL's short term assets ($5.0M) do not cover its short term liabilities ($105.4M).
Long Term Liabilities: BSL's short term assets ($5.0M) exceed its long term liabilities ($172.6K).
Debt to Equity History and Analysis
Debt Level: BSL's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: BSL's debt to equity ratio has reduced from 49.3% to 47.1% over the past 5 years.
Debt Coverage: BSL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BSL's interest payments on its debt are well covered by EBIT (4.5x coverage).