Blackstone Interest Expense vs Cost Of Revenue Analysis

BXMT Stock  USD 18.12  0.17  0.93%   
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 Interest Expense and its Cost Of Revenue 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.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Mortgage Trust Interest Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blackstone Mortgage's Interest Expense and Cost Of Revenue is 0.93. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost Of Revenue 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 Interest Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Blackstone Mortgage Trust are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Expense i.e., Blackstone Mortgage's Interest Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on Blackstone Mortgage Trust income statement and represents the costs associated with goods and services Blackstone Mortgage provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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.