Blackstone Senior Floating Rate 2027 Term Fund Financial Ratios — BSL

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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 (%)	- -	5.91	1.84	7.58	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	3.86	1.17	4.87	0.8	5.2	-5.73	8.78	6.09	2.49
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	97.26	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	97.26	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	168.46	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	97.26	91.69	81.34	93.84	69.64	94.78	105.77	95.67	93.54	83.65
Profit Margin (%)	97.26	91.69	81.34	93.84	69.64	94.78	105.77	95.67	93.54	83.65
Net Income to Common Margin (%)	97.26	91.69	81.34	93.84	69.64	94.78	105.77	95.67	93.54	83.65
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	40.63	101.62	352.71	121.4	561.67	69.84	-71.02	64.01	95.47	199.71
Sustainable Growth Rate (%)	- -	-0.1	-4.66	-1.62	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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	131	132	124	124	100	106	85	90	91	88
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	131	132	124	124	100	106	85	90	91	88
Total Debt/EBITDA	3.06	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	-0.16	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	3.06	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	-0.16	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	67.43	63.33	63.78	64.86	-14.72	-12.64	-23.78	-22.6	-21.03	-25.95
Long-Term Debt/Equity (%)	48.85	49.27	49.28	49.23	46.46	48.09	46.69	47.08	47.37	47.94
Long-Term Debt/Capital (%)	31.24	31.38	33.01	32.99	195.76	172.94	855.74	394.36	367.72	594.89
Long-Term Debt/Total Assets (%)	30.64	28.96	31.43	31.93	30.09	29.97	26.92	30.28	28.88	31.19
Total Debt/Equity (%)	48.85	49.27	49.28	49.23	46.46	48.09	46.69	47.08	47.37	47.94
Total Debt/Capital (%)	31.24	31.38	33.01	32.99	195.76	172.94	855.74	394.36	367.72	594.89
Total Debt/Total Assets (%)	30.64	28.96	31.43	31.93	30.09	29.97	26.92	30.28	28.88	31.19
Net Debt to Equity	-2.55	-4.58	-2.22	-3.4	-4.25	-1.74	-13.26	- -	- -	- -
Net Debt/Capital (%)	-1.66	-3	-1.51	-2.33	-21.81	-6.66	169.93	-0.02	- -	- -
EBITDA	43	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	43	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	43	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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	67.43	63.33	63.78	64.86	-14.72	-12.64	-23.78	-22.6	-21.03	-25.95
Long-Term Debt/Equity (%)	48.85	49.27	49.28	49.23	46.46	48.09	46.69	47.08	47.37	47.94
Long-Term Debt/Capital (%)	31.24	31.38	33.01	32.99	195.76	172.94	855.74	394.36	367.72	594.89
Long-Term Debt/Total Assets (%)	30.64	28.96	31.43	31.93	30.09	29.97	26.92	30.28	28.88	31.19
Total Debt/Equity (%)	48.85	49.27	49.28	49.23	46.46	48.09	46.69	47.08	47.37	47.94
Total Debt/Capital (%)	31.24	31.38	33.01	32.99	195.76	172.94	855.74	394.36	367.72	594.89
Total Debt/Total Assets (%)	30.64	28.96	31.43	31.93	30.09	29.97	26.92	30.28	28.88	31.19
CFO/Total Liabilities	3.66	11.57	13.23	19.55	53.5	1.81	45.71	-10.94	13.65	17.47
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.44	0.05	-0.11	-0.08	-0.19	-0.12	-0.39	-0.22	-0.23	-0.33

Working Capital (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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	7	12	6	9	9	4	24	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	131	132	124	124	100	106	85	90	91	88
Enterprise Value	124	120	118	115	91	102	61	90	91	88
Total Capital	419	421	376	374	51	61	10	23	25	15
Total Debt/Capital (%)	31.24	31.38	33.01	32.99	195.76	172.94	855.74	394.36	367.72	594.89
Total Debt / EV	1.06	1.1	1.05	1.07	1.1	1.04	1.4	1	1	1
EV/Sales	2.82	6.44	19.33	5.67	21.93	5.42	- -	3.19	4.57	9.92
EV/EBITDA	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	21.27	5.51	6.26	4.33	1.45	42.32	1	- -	5.42	5.11
EV/Free Cash Flow to Firm	21.27	5.51	6.26	4.33	1.45	42.32	1	- -	5.42	5.11
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	124	120	118	115	91	102	61	90	91	88
EV per Share	8.16	7.87	7.6	7.55	6.7	7.55	4.3	6.9	6.98	- -
TTM Sales	44	19	6	20	4	19	-18	28	20	9
TTM EBITDA	43	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	43	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	6	22	19	27	63	2	61	-12	17	17
TTM Free Cash Flow to Firm	6	22	19	27	63	2	61	-12	17	17

Multiples (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	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	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	124	120	118	115	91	102	61	90	91	88
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	2.82	6.44	19.33	5.67	21.93	5.42	- -	3.19	4.57	9.92
EV/EBITDA	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	2.82	6.44	19.33	5.67	21.93	5.42	- -	3.19	4.57	9.92
EV/Sales High	2.82	6.44	19.33	5.67	21.93	5.42	- -	3.19	4.57	9.92
EV/Sales Low	2.82	6.44	19.33	5.67	21.93	5.42	- -	3.19	4.57	9.92
EV/EBITDA Average	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	2.9	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	124	120	118	115	91	102	61	90	91	88
Enterprise Value High	124	120	118	115	91	102	61	90	91	88
Enterprise Value Low	124	120	118	115	91	102	61	90	91	88

Shares Outstanding	15	15	15	15	14	14	13	13	13	13
Diluted Weighted Avg Shares	15	15	16	15	14	13	14	13	13	- -
Basic Weighted Avg Shares	15	15	16	15	14	13	14	13	13	- -
Revenue per Share	2.89	1.22	0.39	1.33	0.31	1.39	-1.28	2.16	1.53	- -
EBITDA per Share	2.81	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	2.81	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	2.81	1.12	0.32	1.25	0.21	1.32	-1.35	2.07	1.43	- -
Basic EPS from Cont Ops	2.81	1.12	0.32	1.25	0.21	1.32	-1.35	2.07	1.43	- -
Diluted EPS, GAAP	2.81	1.12	0.32	1.25	0.21	1.32	-1.35	2.07	1.43	- -
Diluted EPS from Cont Ops	2.81	1.12	0.32	1.25	0.21	1.32	-1.35	2.07	1.43	- -
Dividend per Share	1.14	1.14	1.13	1.52	1.2	0.92	0.96	1.33	1.37	- -
Cash Flow per Share	0.38	1.43	1.21	1.74	4.62	0.18	4.31	-0.89	1.29	- -
Free Cash Flow per Basic Share	0.38	1.43	1.21	1.74	4.62	0.18	4.31	-0.89	1.29	- -
Cash & Equivalents per Share	0.45	0.81	0.36	0.56	0.67	0.28	1.7	- -	- -	- -
Book Value per Share	18.94	18.98	16.16	16.47	-3.61	-3.3	-5.3	-5.15	-5.08	- -
Tangible Book Value per Share	17.62	17.61	16.16	16.47	15.88	16.28	12.85	14.66	14.74	- -

Blackstone Senior Floating Rate 2027 Term Fund

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)