Blackstone Strategic Credit Fund Financial Ratios — BGB

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-0.47	8.42	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-0.29	5.05	0.12	4.76	-6.91	8.43	5.73	3.11
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	92.24	-395.49	93.22	24.34	92.68	106.17	93.31	90.46	83.91
Profit Margin (%)	92.24	-395.49	93.22	24.34	92.68	106.17	93.31	90.46	83.91
Net Income to Common Margin (%)	92.24	-395.49	93.22	24.34	92.68	106.17	93.31	90.46	83.91
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	98.65	-1,569.62	121.51	3,762.06	76.1	-55.52	61.81	91.04	151.35
Sustainable Growth Rate (%)	- -	-7.86	-1.81	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	375	362	356	309	324	269	283	294	292
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	375	362	356	309	324	269	283	294	292
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	61.87	59.1	60.97	-19.52	-17.77	-30.94	-29.16	-26.61	-30.68
Long-Term Debt/Equity (%)	49.71	52.88	52.33	48.77	50.2	49.9	49.98	51.52	52.57
Long-Term Debt/Capital (%)	30.7	34.59	34.35	299.71	250.73	-841.71	3,300.75	1,167.23	3,513.93
Long-Term Debt/Total Assets (%)	27.41	31.25	31.9	29.29	29.56	27.65	30.07	29.1	31.58
Total Debt/Equity (%)	49.71	52.88	52.33	48.77	50.2	49.9	49.98	51.52	52.57
Total Debt/Capital (%)	30.7	34.59	34.35	299.71	250.73	-841.71	3,300.75	1,167.23	3,513.93
Total Debt/Total Assets (%)	27.41	31.25	31.9	29.29	29.56	27.65	30.07	29.1	31.58
Net Debt to Equity	-6.42	-3.59	-2.67	-5.49	-1.2	-9.39	-0.1	-0.08	-0.05
Net Debt/Capital (%)	-4.13	-2.41	-1.78	-50.97	-6.37	61.29	-6.97	-1.85	-3.66
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	61.87	59.1	60.97	-19.52	-17.77	-30.94	-29.16	-26.61	-30.68
Long-Term Debt/Equity (%)	49.71	52.88	52.33	48.77	50.2	49.9	49.98	51.52	52.57
Long-Term Debt/Capital (%)	30.7	34.59	34.35	299.71	250.73	-841.71	3,300.75	1,167.23	3,513.93
Long-Term Debt/Total Assets (%)	27.41	31.25	31.9	29.29	29.56	27.65	30.07	29.1	31.58
Total Debt/Equity (%)	49.71	52.88	52.33	48.77	50.2	49.9	49.98	51.52	52.57
Total Debt/Capital (%)	30.7	34.59	34.35	299.71	250.73	-841.71	3,300.75	1,167.23	3,513.93
Total Debt/Total Assets (%)	27.41	31.25	31.9	29.29	29.56	27.65	30.07	29.1	31.58
CFO/Total Liabilities	15.33	9.75	15.69	27.12	-0.62	31.69	-3.52	8.99	12.81
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.05	-0.19	-0.14	-0.27	-0.2	-0.5	-0.32	-0.31	-0.39

Working Capital (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	48	25	18	35	8	51	1	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	375	362	356	309	324	269	283	294	292
Enterprise Value	327	337	338	274	316	218	282	294	292
Total Capital	1,222	1,045	1,038	103	129	-32	9	25	8
Total Debt/Capital (%)	30.7	34.59	34.35	299.71	250.73	-841.71	3,300.75	1,167.23	3,513.93
Total Debt / EV	1.15	1.07	1.05	1.13	1.02	1.23	1	1	1
EV/Sales	4.95	370.18	5.49	49.94	5.72	- -	3.26	4.76	8.14
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	3.47	7.3	4.94	2.4	- -	1.59	- -	7.43	6.17
EV/Free Cash Flow to Firm	3.47	7.3	4.94	2.4	- -	1.59	- -	7.43	6.17
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	327	337	338	274	316	218	282	294	292
EV per Share	7.3	7.49	7.6	8.21	7.03	4.89	6.33	6.57	- -
TTM Sales	66	1	62	5	55	-67	86	62	36
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	94	46	68	114	-3	137	-13	40	47
TTM Free Cash Flow to Firm	94	46	68	114	-3	137	-13	40	47

Multiples (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	327	337	338	274	316	218	282	294	292
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	4.95	370.18	5.49	49.94	5.72	- -	3.26	4.76	8.14
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	4.95	370.18	5.49	49.94	5.72	- -	3.26	4.76	8.14
EV/Sales High	4.95	370.18	5.49	49.94	5.72	- -	3.26	4.76	8.14
EV/Sales Low	4.95	370.18	5.49	49.94	5.72	- -	3.26	4.76	8.14
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	327	337	338	274	316	218	282	294	292
Enterprise Value High	327	337	338	274	316	218	282	294	292
Enterprise Value Low	327	337	338	274	316	218	282	294	292

Shares Outstanding	45	45	45	45	45	45	45	45	45
Diluted Weighted Avg Shares	45	45	45	33	45	45	45	45	- -
Basic Weighted Avg Shares	45	45	45	33	45	45	45	45	- -
Revenue per Share	1.47	0.02	1.38	0.16	1.23	-1.51	1.94	1.38	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.36	-0.08	1.29	0.04	1.14	-1.6	1.81	1.25	- -
Basic EPS from Cont Ops	1.36	-0.08	1.29	0.04	1.14	-1.6	1.81	1.25	- -
Diluted EPS, GAAP	1.36	-0.08	1.29	0.04	1.14	-1.6	1.81	1.25	- -
Diluted EPS from Cont Ops	1.36	-0.08	1.29	0.04	1.14	-1.6	1.81	1.25	- -
Dividend per Share	1.34	1.26	1.57	1.5	0.87	0.89	1.12	1.14	- -
Cash Flow per Share	2.1	1.03	1.54	3.42	-0.06	3.08	-0.3	0.88	- -
Free Cash Flow per Basic Share	2.1	1.03	1.54	3.42	-0.06	3.08	-0.3	0.88	- -
Cash & Equivalents per Share	1.08	0.55	0.41	1.04	0.17	1.13	0.01	0.01	- -
Book Value per Share	18.92	15.19	15.3	-6.16	-4.33	-6.74	-6.15	-6.02	- -
Tangible Book Value per Share	16.86	15.19	15.3	18.96	14.35	12.07	12.69	12.78	- -

Blackstone Strategic Credit Fund

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)