Blackstone Cash And Short Term Investments vs Other Current Liab Analysis

BX Stock  USD 191.09  2.07  1.10%   
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 Cash And Short Term Investments and its Other Current Liab 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.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Group Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blackstone's Cash And Short Term Investments and Other Current Liab is -0.24. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab 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 Cash And Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Blackstone Group are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., Blackstone's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Blackstone Group balance sheet. This account contains Blackstone investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blackstone Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Liab

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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