Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Total Assets : $939.79 Mil (As of Dec. 2023)

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What is Blackstone Strategic Credit Fund Total Assets?

Blackstone Strategic Credit Fund's Total Assets for the quarter that ended in Dec. 2023 was $939.79 Mil.

During the past 12 months, Blackstone Strategic Credit Fund's average Total Assets Growth Rate was 1.90% per year. During the past 3 years, the average Total Assets Growth Rate was -2.70% per year. During the past 5 years, the average Total Assets Growth Rate was -3.90% per year.

During the past 7 years, Blackstone Strategic Credit Fund's highest 3-Year average Total Assets Growth Rate was -1.30%. The lowest was -8.20%. And the median was -4.20%.

Total Assets is connected with ROA %. Blackstone Strategic Credit Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 9.28%. Total Assets is also linked to Revenue through Asset Turnover. Blackstone Strategic Credit Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Blackstone Strategic Credit Fund Total Assets Historical Data

The historical data trend for Blackstone Strategic Credit Fund's Total Assets can be seen below:

* 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 Strategic Credit Fund Total Assets Chart

Blackstone Strategic Credit Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,117.52

1,055.25

1,095.42

972.48

939.79

Blackstone Strategic Credit Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								1,095.42	933.73	972.48	901.66	939.79

Blackstone Strategic Credit Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Blackstone Strategic Credit Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	565.465	+	374.328
	=	939.79

Blackstone Strategic Credit Fund's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	565.465	+	374.328
	=	939.79

Blackstone Strategic Credit Fund (NYSE:BGB) Total Assets Explanation

Total Assets is connected with ROA %.

Blackstone Strategic Credit Fund's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	85.442	/	( (901.656	+	939.793)	/ 2 )
	=	85.442	/	920.7245
	=	9.28 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Blackstone Strategic Credit Fund's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	46.188	/	( (901.656	+	939.793)	/ 2 )
=	46.188	/	920.7245
=	0.05

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Blackstone Strategic Credit Fund Total Assets Related Terms

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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Strategic Credit Fund (NYSE:BGB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

345 Park Avenue, 31st Floor, New York, NY, USA, 10154

Website

http://www.blackstone-credit.com

Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior Secured Loans) and high-yield corporate bonds of varying maturities.

Executives

Gordon Mckemie	other: Portfolio Manager	C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Valerie Naratil	officer: Public Relations Officer	345 PARK AVENUE, NEW YORK NY 10154
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
William J Renahan	officer: Chief Compliance Officer	399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
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	other: Portfolio Mngr,Mbr of Inv.Comm	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Voya Financial, Inc.	10 percent owner	230 PARK AVENUE, NEW YORK NY 10169
Lion Connecticut Holdings Inc.	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095
Ing Usa Annuity & Life Insurance Co	10 percent owner	699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095-4774
Sun Life Financial Inc	10 percent owner	SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada	10 percent owner	ONE YORK STREET, TORONTO A6 M5J 0B6