Blackstone Other Current Assets vs Net Receivables Analysis

BX Stock  USD 199.05  14.02  7.58%   
Blackstone financial indicator trend analysis is way more than just evaluating Blackstone Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackstone Group is a good investment. Please check the relationship between Blackstone Other Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Group Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Blackstone's Other Current Assets and Net Receivables is -0.89. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Blackstone Group, assuming nothing else is changed. The correlation between historical values of Blackstone's Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Blackstone Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Blackstone's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from Blackstone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Blackstone's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Tax Provision is likely to drop slightly above 463.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.3B3.6B7.4B7.8B
Total Revenue16.7B7.1B7.7B5.4B

Blackstone fundamental ratios Correlations

0.160.520.370.660.60.49-0.24-0.230.790.55-0.17-0.70.240.910.08-0.53-0.410.49-0.350.420.420.49-0.450.380.14
0.160.23-0.660.29-0.21-0.220.44-0.39-0.030.30.0-0.020.81-0.07-0.3-0.38-0.46-0.5-0.34-0.05-0.36-0.64-0.340.28-0.42
0.520.23-0.180.540.660.69-0.630.020.670.85-0.22-0.880.660.370.3-0.59-0.86-0.13-0.850.040.5-0.03-0.890.710.43
0.37-0.66-0.18-0.080.190.31-0.280.090.19-0.17-0.29-0.07-0.60.650.080.330.350.80.310.190.50.960.27-0.270.43
0.660.290.54-0.080.390.16-0.020.050.710.33-0.06-0.630.340.450.34-0.43-0.55-0.07-0.550.120.01-0.04-0.580.59-0.12
0.6-0.210.660.190.390.69-0.610.030.730.560.18-0.850.130.550.24-0.64-0.430.29-0.450.090.630.37-0.510.50.33
0.49-0.220.690.310.160.69-0.91-0.160.480.65-0.07-0.630.060.49-0.04-0.34-0.270.37-0.250.260.880.45-0.340.220.83
-0.240.44-0.63-0.28-0.02-0.61-0.91-0.16-0.36-0.570.070.530.07-0.3-0.230.220.21-0.260.27-0.11-0.85-0.420.29-0.19-0.89
-0.23-0.390.020.090.050.03-0.16-0.16-0.11-0.14-0.30.05-0.2-0.090.920.27-0.03-0.02-0.24-0.180.090.06-0.060.150.08
0.79-0.030.670.190.710.730.48-0.36-0.110.610.0-0.890.260.670.26-0.64-0.590.18-0.570.10.350.33-0.670.610.17
0.550.30.85-0.170.330.560.65-0.57-0.140.61-0.07-0.720.630.410.12-0.58-0.72-0.06-0.650.080.460.03-0.720.70.43
-0.170.0-0.22-0.29-0.060.18-0.070.07-0.30.0-0.070.11-0.19-0.22-0.35-0.410.29-0.280.29-0.29-0.18-0.180.29-0.07-0.2
-0.7-0.02-0.88-0.07-0.63-0.85-0.630.530.05-0.89-0.720.11-0.45-0.57-0.30.640.77-0.120.75-0.09-0.47-0.220.84-0.72-0.29
0.240.810.66-0.60.340.130.060.07-0.20.260.63-0.19-0.450.040.01-0.5-0.87-0.51-0.78-0.17-0.12-0.52-0.790.65-0.14
0.91-0.070.370.650.450.550.49-0.3-0.090.670.41-0.22-0.570.040.14-0.34-0.250.6-0.240.260.540.76-0.30.230.28
0.08-0.30.30.080.340.24-0.04-0.230.920.260.12-0.35-0.30.010.140.01-0.33-0.02-0.52-0.120.130.11-0.380.410.08
-0.53-0.38-0.590.33-0.43-0.64-0.340.220.27-0.64-0.58-0.410.64-0.5-0.340.010.530.160.510.01-0.220.110.53-0.390.06
-0.41-0.46-0.860.35-0.55-0.43-0.270.21-0.03-0.59-0.720.290.77-0.87-0.25-0.330.530.350.970.14-0.080.250.99-0.82-0.06
0.49-0.5-0.130.8-0.070.290.37-0.26-0.020.18-0.06-0.28-0.12-0.510.6-0.020.160.350.370.580.510.80.27-0.260.33
-0.35-0.34-0.850.31-0.55-0.45-0.250.27-0.24-0.57-0.650.290.75-0.78-0.24-0.520.510.970.370.23-0.130.20.97-0.8-0.09
0.42-0.050.040.190.120.090.26-0.11-0.180.10.08-0.29-0.09-0.170.26-0.120.010.140.580.230.130.210.12-0.23-0.02
0.42-0.360.50.50.010.630.88-0.850.090.350.46-0.18-0.47-0.120.540.13-0.22-0.080.51-0.130.130.6-0.150.040.84
0.49-0.64-0.030.96-0.040.370.45-0.420.060.330.03-0.18-0.22-0.520.760.110.110.250.80.20.210.60.15-0.170.49
-0.45-0.34-0.890.27-0.58-0.51-0.340.29-0.06-0.67-0.720.290.84-0.79-0.3-0.380.530.990.270.970.12-0.150.15-0.83-0.12
0.380.280.71-0.270.590.50.22-0.190.150.610.7-0.07-0.720.650.230.41-0.39-0.82-0.26-0.8-0.230.04-0.17-0.830.05
0.14-0.420.430.43-0.120.330.83-0.890.080.170.43-0.2-0.29-0.140.280.080.06-0.060.33-0.09-0.020.840.49-0.120.05
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Blackstone Account Relationship Matchups

Blackstone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.6B26.3B41.2B42.5B40.3B27.8B
Total Stockholder Equity7.0B6.7B9.4B7.7B6.8B6.7B
Property Plant And Equipment Net625.5M758.8M1.0B897.0M1.4B1.5B
Net Debt9.6B4.3B6.6B9.2B9.0B6.5B
Cash2.2B2.0B2.1B4.3B3.3B3.4B
Non Current Assets Total25.2B18.8B32.0B30.6B63.6B66.8B
Other Assets1.6B1.4B1.8B3.1B(31.3B)(29.7B)
Cash And Short Term Investments2.2B2.0B2.1B4.3B3.3B4.6B
Net Receivables3.6B4.1B5.3B4.6B4.7B2.7B
Common Stock Shares Outstanding676.2M697.3M720.1M740.9M755.4M616.9M
Liabilities And Stockholders Equity32.6B26.3B41.2B42.5B40.3B27.8B
Other Current Assets(6.1B)(6.2B)(7.5B)(9.1B)(7.9B)(7.5B)
Other Stockholder Equity6.4B6.3B5.8B5.9B6.2B6.5B
Total Current Assets5.7B6.1B7.4B8.9B7.9B6.0B
Short Long Term Debt Total11.8B6.3B8.7B13.5B12.3B9.0B
Other Current Liab(806.2M)(1.3B)(1.7B)(2.2B)(2.4B)(2.3B)
Other Liab1.1B1.1B1.9B2.3B2.0B1.3B
Accounts Payable806.2M717.1M937.2M1.3B2.3B2.4B
Long Term Debt11.1B5.6B7.7B12.3B14.2B7.8B
Non Current Liabilities Total11.8B6.3B8.7B1.2B23.0B24.2B
Property Plant Equipment625.5M526.9M789.0M897.0M1.0B1.1B
Total Current Liabilities806.2M717.1M937.2M1.2B2.4B2.3B
Non Currrent Assets Other(1.1B)(1.2B)(1.6B)(2.1B)(29.8B)(28.3B)
Property Plant And Equipment Gross625.5M758.8M1.3B1.6B1.8B1.9B
Short Term Debt238.8M168.8M178.1M232.1M163.0M154.9M
Net Tangible Assets4.8B4.5B7.2B7.3B6.5B7.2B
Long Term Debt Total11.1B5.6B7.7B12.3B14.2B10.3B
Long Term Investments22.3B15.6B28.7B27.6B26.3B22.7B
Non Current Liabilities Other772.7M748.7M993.9M1.1B1.3B1.3B

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