Blackstone Loan Financing Limited
Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.
Blackstone Loan Financing Limited (BGLP) - Net Assets
Latest net assets as of June 2024: GBX286.06 Million GBX
Based on the latest financial reports, Blackstone Loan Financing Limited (BGLP) has net assets worth GBX286.06 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX288.66 Million) and total liabilities (GBX2.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX286.06 Million |
| % of Total Assets | 99.1% |
| Annual Growth Rate | -0.81% |
| 5-Year Change | -20.08% |
| 10-Year Change | N/A |
| Growth Volatility | 11.51 |
Blackstone Loan Financing Limited - Net Assets Trend (2014–2023)
This chart illustrates how Blackstone Loan Financing Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Blackstone Loan Financing Limited (2014–2023)
The table below shows the annual net assets of Blackstone Loan Financing Limited from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX277.98 Million | +4.15% |
| 2022-12-31 | GBX266.91 Million | -24.78% |
| 2021-12-31 | GBX354.83 Million | -2.89% |
| 2020-12-31 | GBX365.38 Million | +5.05% |
| 2019-12-31 | GBX347.83 Million | +6.57% |
| 2018-12-31 | GBX326.39 Million | -14.00% |
| 2017-12-31 | GBX379.54 Million | +14.20% |
| 2016-12-31 | GBX332.34 Million | +1.95% |
| 2015-12-31 | GBX325.97 Million | +9.04% |
| 2014-12-31 | GBX298.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blackstone Loan Financing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10853244500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX386.51 Million | 139.04% |
| Total Equity | GBX277.98 Million | 100.00% |
Blackstone Loan Financing Limited Competitors by Market Cap
The table below lists competitors of Blackstone Loan Financing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Methes Energies International Ltd
PINK:MEIL
|
$77.53 |
|
Full Alliance Group Inc
PINK:FAGI
|
$77.66 |
|
ALUMINIUM EXTRUSION IND. PLC
XNSA:ALEX
|
$77.83 |
|
Albion Technology & General VCT PLC
LSE:AATG
|
$78.71 |
|
I-CABLE COMM
MU:IB5A
|
$76.77 |
|
Seed Capital Solutions Plc
LSE:SCSP
|
$76.70 |
|
Amedeo Air Four Plus Limited
LSE:AA4
|
$76.61 |
|
Geiger Counter Limited
LSE:GCL
|
$76.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blackstone Loan Financing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 266,912,046 to 277,977,380, a change of 11,065,334 (4.1%).
- Net income of 51,397,149 contributed positively to equity growth.
- Dividend payments of 33,554,972 reduced retained earnings.
- Share repurchases of 1,067,032 reduced equity.
- Other factors decreased equity by 5,709,811.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX51.40 Million | +18.49% |
| Dividends Paid | GBX33.55 Million | -12.07% |
| Share Repurchases | GBX1.07 Million | -0.38% |
| Other Changes | GBX-5.71 Million | -2.05% |
| Total Change | GBX- | 4.15% |
Book Value vs Market Value Analysis
This analysis compares Blackstone Loan Financing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 101.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 80.01x to 101.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | GBX0.80 | GBX64.00 | x |
| 2020-12-31 | GBX0.90 | GBX64.00 | x |
| 2021-12-31 | GBX0.95 | GBX64.00 | x |
| 2022-12-31 | GBX0.70 | GBX64.00 | x |
| 2023-12-31 | GBX0.63 | GBX64.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blackstone Loan Financing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.49%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.70%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.01x
- Recent ROE (18.49%) is above the historical average (5.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.19% | 94.49% | 0.13x | 1.00x | GBX7.29 Million |
| 2017 | 1.51% | 76.07% | 0.02x | 1.00x | GBX-32.21 Million |
| 2018 | -3.87% | 0.00% | -0.03x | 1.00x | GBX-45.27 Million |
| 2019 | 14.52% | 409.17% | 0.04x | 1.00x | GBX15.72 Million |
| 2020 | 8.19% | 341.05% | 0.02x | 1.00x | GBX-6.62 Million |
| 2021 | 14.88% | 455.26% | 0.03x | 1.00x | GBX17.33 Million |
| 2022 | -23.98% | -339.26% | 0.07x | 1.01x | GBX-90.70 Million |
| 2023 | 18.49% | 96.70% | 0.19x | 1.01x | GBX23.60 Million |
Industry Comparison
This section compares Blackstone Loan Financing Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blackstone Loan Financing Limited (BGLP) | GBX286.06 Million | 12.19% | 0.01x | $77.49 |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |