Blackstone Secured Lending Fund (BXSL) — Defensive Interval Ratio
Blackstone Secured Lending Fund (BXSL) has a Defensive Interval Ratio of 124 days as of December 2025. Defensive assets of $105.70 Million (cash $-, short-term investments $-, receivables $105.70 Million) cover 124 days of daily cash needs of $850.38K/day. See BXSL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Blackstone Secured Lending Fund Defensive Interval Ratio (2018–2025)
This chart shows how Blackstone Secured Lending Fund's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 124 days, meaning defensive assets of $105.70 Million can fund 124 days of operations without new revenue. See BXSL net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Blackstone Secured Lending Fund (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for Blackstone Secured Lending Fund from 2018 to 2025, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see BXSL market cap overview.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 124 days | $105.70 Million | $850.38K/day | $- | $- | ▼ -56 days |
| 2024 | 180 days | $120.25 Million | $668.45K/day | $- | $-4.00 Million | ▼ -3863 days |
| 2023 | 4042 days | $94.87 Million | $23.47K/day | $- | $- | ▼ -4324 days |
| 2022 | 8367 days | $9.71 Billion | $1.16 Million/day | $- | $9.56 Billion | ▼ -7445 days |
| 2021 | 15811 days | $10.03 Billion | $634.05K/day | $- | $9.82 Billion | ▲ +15777 days |
| 2020 | 34 days | $139.42 Million | $4.10 Million/day | $- | $- | ▲ +28 days |
| 2019 | 6 days | $25.66 Million | $4.16 Million/day | $- | $- | ▼ -15 days |
| 2018 | 22 days | $19.96 Million | $926.45K/day | $- | $- | — |