Blackstone Total Current Liabilities vs Accounts Payable Analysis

BXMT Stock  USD 19.09  0.13  0.68%   
Blackstone Mortgage financial indicator trend analysis is way more than just evaluating Blackstone Mortgage Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackstone Mortgage Trust is a good investment. Please check the relationship between Blackstone Mortgage Total Current Liabilities and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Mortgage Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Mortgage Trust Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blackstone Mortgage's Total Current Liabilities and Accounts Payable is 0.51. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Blackstone Mortgage Trust, assuming nothing else is changed. The correlation between historical values of Blackstone Mortgage's Total Current Liabilities and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Blackstone Mortgage Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., Blackstone Mortgage's Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Blackstone Mortgage balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Blackstone Mortgage Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Blackstone Mortgage obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Blackstone Mortgage Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Blackstone Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackstone Mortgage Trust 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 Mortgage Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Blackstone Mortgage's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 23.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 38.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit514.5M517.8M420.9M441.9M
Total Revenue514.5M628.1M420.9M441.9M

Blackstone Mortgage fundamental ratios Correlations

0.980.980.99-0.420.97-0.780.82-0.03-0.660.70.820.730.990.97-0.420.650.64-0.570.830.991.0-0.450.480.75-0.14
0.981.00.97-0.381.0-0.810.88-0.14-0.750.730.880.710.971.0-0.380.710.71-0.560.90.990.99-0.430.520.8-0.05
0.981.00.96-0.351.0-0.80.87-0.16-0.760.730.870.710.961.0-0.350.740.73-0.550.910.980.98-0.440.530.82-0.06
0.990.970.96-0.420.95-0.720.820.03-0.620.680.820.740.990.95-0.420.560.55-0.630.80.980.99-0.430.440.68-0.08
-0.42-0.38-0.35-0.42-0.340.68-0.31-0.170.13-0.22-0.31-0.36-0.47-0.371.0-0.18-0.180.21-0.25-0.4-0.41-0.21-0.3-0.2-0.23
0.971.01.00.95-0.34-0.80.87-0.16-0.750.720.870.710.961.0-0.340.740.73-0.550.90.980.98-0.460.510.81-0.07
-0.78-0.81-0.8-0.720.68-0.8-0.750.270.7-0.67-0.75-0.51-0.77-0.820.68-0.76-0.760.19-0.79-0.81-0.770.16-0.6-0.81-0.02
0.820.880.870.82-0.310.87-0.75-0.36-0.810.831.00.420.820.88-0.310.550.54-0.480.880.850.85-0.360.40.740.29
-0.03-0.14-0.160.03-0.17-0.160.27-0.360.76-0.48-0.360.42-0.02-0.18-0.17-0.35-0.34-0.11-0.55-0.08-0.05-0.08-0.11-0.38-0.07
-0.66-0.75-0.76-0.620.13-0.750.7-0.810.76-0.79-0.81-0.18-0.65-0.770.13-0.69-0.680.31-0.96-0.69-0.670.22-0.41-0.76-0.02
0.70.730.730.68-0.220.72-0.670.83-0.48-0.790.830.080.710.74-0.220.480.47-0.130.820.760.72-0.290.360.8-0.01
0.820.880.870.82-0.310.87-0.751.0-0.36-0.810.830.420.820.88-0.310.550.54-0.480.880.850.85-0.360.40.740.29
0.730.710.710.74-0.360.71-0.510.420.42-0.180.080.420.710.7-0.360.530.53-0.60.40.70.73-0.430.390.38-0.09
0.990.970.960.99-0.470.96-0.770.82-0.02-0.650.710.820.710.96-0.470.590.58-0.60.830.980.99-0.40.470.71-0.09
0.971.01.00.95-0.371.0-0.820.88-0.18-0.770.740.880.70.96-0.370.740.73-0.540.910.980.98-0.430.530.82-0.04
-0.42-0.38-0.35-0.421.0-0.340.68-0.31-0.170.13-0.22-0.31-0.36-0.47-0.37-0.18-0.180.21-0.25-0.4-0.41-0.21-0.3-0.2-0.23
0.650.710.740.56-0.180.74-0.760.55-0.35-0.690.480.550.530.590.74-0.181.0-0.020.750.690.63-0.210.730.89-0.26
0.640.710.730.55-0.180.73-0.760.54-0.34-0.680.470.540.530.580.73-0.181.0-0.010.750.680.62-0.20.730.88-0.26
-0.57-0.56-0.55-0.630.21-0.550.19-0.48-0.110.31-0.13-0.48-0.6-0.6-0.540.21-0.02-0.01-0.41-0.49-0.590.40.080.02-0.22
0.830.90.910.8-0.250.9-0.790.88-0.55-0.960.820.880.40.830.91-0.250.750.75-0.410.860.84-0.290.510.84-0.01
0.990.990.980.98-0.40.98-0.810.85-0.08-0.690.760.850.70.980.98-0.40.690.68-0.490.860.99-0.440.520.82-0.12
1.00.990.980.99-0.410.98-0.770.85-0.05-0.670.720.850.730.990.98-0.410.630.62-0.590.840.99-0.450.470.75-0.09
-0.45-0.43-0.44-0.43-0.21-0.460.16-0.36-0.080.22-0.29-0.36-0.43-0.4-0.43-0.21-0.21-0.20.4-0.29-0.44-0.450.07-0.280.25
0.480.520.530.44-0.30.51-0.60.4-0.11-0.410.360.40.390.470.53-0.30.730.730.080.510.520.470.070.67-0.1
0.750.80.820.68-0.20.81-0.810.74-0.38-0.760.80.740.380.710.82-0.20.890.880.020.840.820.75-0.280.67-0.21
-0.14-0.05-0.06-0.08-0.23-0.07-0.020.29-0.07-0.02-0.010.29-0.09-0.09-0.04-0.23-0.26-0.26-0.22-0.01-0.12-0.090.25-0.1-0.21
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Blackstone Mortgage Account Relationship Matchups

Blackstone Mortgage fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding130.1M141.8M151.5M170.6M172.7M181.3M
Total Assets16.6B17.0B22.7B25.4B24.0B25.2B
Short Long Term Debt Total12.6B12.5B17.5B20.4B19.3B20.3B
Total Stockholder Equity3.8B3.9B4.6B4.5B4.4B4.6B
Net Debt12.4B12.2B17.0B20.2B18.9B19.9B
Retained Earnings(592.5M)(829.3M)(794.8M)(968.7M)(1.2B)(1.1B)
Cash150.1M290.0M551.2M291.3M350.0M367.5M
Non Current Assets Total86.6M77.4M78.1M112.8M153.3M145.6M
Non Currrent Assets Other(16.6B)(17.0B)(22.7B)(25.4B)(24.1B)(22.9B)
Other Assets16.2B16.5B22.0B258.1M24.0B25.2B
Cash And Short Term Investments150.1M290.0M551.2M291.3M350.0M367.5M
Liabilities And Stockholders Equity16.6B17.0B22.7B25.4B24.0B25.2B
Non Current Liabilities Total2.8B4.6B5.2B13.6B6.6B6.9B
Other Stockholder Equity5.0B4.7B5.4B5.5B5.5B5.8B
Total Liab12.8B13.1B18.1B20.8B19.6B20.6B
Total Current Assets216.7M356.7M637.3M25.0B23.9B25.1B
Net Receivables66.6M66.8M86.1M24.7B23.2B24.4B
Other Current Liab(9.8B)(7.9B)(12.3B)(13.6B)338.9M355.9M
Total Current Liabilities9.8B7.9B12.3B13.6B13.1B13.8B
Common Stock Total Equity1.4M1.5M1.7M1.7M2.0M2.1M
Accumulated Other Comprehensive Income(16.2M)11.2M8.3M10.0M9.5M9.9M
Common Stock1.4M1.5M1.7M1.7M1.7M1.8M
Other Liab176.0M10.0M53.9M77.0M88.5M66.1M
Accounts Payable29.8M20.5M29.9M80.3M97.8M102.7M
Long Term Debt1.3B1.7B2.3B3.0B6.6B6.9B
Short Term Investments1.1M522K30.5M7.3M1.9M1.8M
Short Term Debt9.8B7.9B12.3B13.5B12.7B6.5B
Net Tangible Assets3.8B3.9B4.6B4.5B5.2B2.8B
Noncontrolling Interest In Consolidated Entity22.1M18.2M30.5M25.4M22.9M17.5M
Retained Earnings Total Equity(592.5M)(829.3M)(794.8M)(968.7M)(871.9M)(915.5M)
Long Term Debt Total1.3B1.7B2.3B3.0B3.5B3.7B
Capital Surpluse4.4B4.7B5.4B5.5B6.3B3.5B
Inventory(1.1M)(522.0K)(30.5M)(7.3M)23.7B24.9B
Non Current Liabilities Other11.4B11.4B15.7B17.8B20.5B21.5B
Other Current Assets(16.4B)(16.8B)(714.9M)(549.4M)322.8M338.9M

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Additional Tools for Blackstone Stock Analysis

When running Blackstone Mortgage's price analysis, check to measure Blackstone Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone Mortgage is operating at the current time. Most of Blackstone Mortgage's value examination focuses on studying past and present price action to predict the probability of Blackstone Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone Mortgage's price. Additionally, you may evaluate how the addition of Blackstone Mortgage to your portfolios can decrease your overall portfolio volatility.