Blackstone Secured Lending Fund (BXSL) — Tangible Net Worth Ratio
Blackstone Secured Lending Fund (BXSL) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($5.94 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Blackstone Secured Lending Fund annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Blackstone Secured Lending Fund Tangible Net Worth Ratio (2018–2025)
This chart shows how Blackstone Secured Lending Fund's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $5.94 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see Blackstone Secured Lending Fund (BXSL) total market value.
Annual Tangible Net Worth Ratio for Blackstone Secured Lending Fund (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Blackstone Secured Lending Fund from 2018 to 2025, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See free cash flow generation of Blackstone Secured Lending Fund to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $6.25 Billion | $0.00 | $14.66 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | $6.08 Billion | $0.00 | $13.47 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $4.95 Billion | $0.00 | $10.13 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $4.16 Billion | $0.00 | $9.91 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $4.45 Billion | $0.00 | $10.18 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $3.27 Billion | $0.00 | $5.95 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | $1.67 Billion | $0.00 | $3.19 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | $236.37 Million | $0.00 | $574.74 Million | — |