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Blackstone Secured Lending Fund (Blackstone Secured Lending Fund) Selling, General, & Admin. Expense : $15.0 Mil (TTM As of Mar. 2024)


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What is Blackstone Secured Lending Fund Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Blackstone Secured Lending Fund's selling, general, & admin. expense for the three months ended in Mar. 2024 was $3.0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $15.0 Mil.


Blackstone Secured Lending Fund Selling, General, & Admin. Expense Historical Data

The historical data trend for Blackstone Secured Lending Fund's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Secured Lending Fund Selling, General, & Admin. Expense Chart

Blackstone Secured Lending Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 7.40 10.41 10.66 13.88 15.35

Blackstone Secured Lending Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.40 3.93 4.64 3.38 3.02

Competitive Comparison of Blackstone Secured Lending Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, Blackstone Secured Lending Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Secured Lending Fund's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Secured Lending Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Blackstone Secured Lending Fund's Selling, General, & Admin. Expense falls into.



Blackstone Secured Lending Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackstone Secured Lending Fund  (NYSE:BXSL) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Blackstone Secured Lending Fund Selling, General, & Admin. Expense Related Terms

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Blackstone Secured Lending Fund (Blackstone Secured Lending Fund) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives primarily through originated loans and other securities, including syndicated loans, of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, and unsecured and subordinated loans and other debt and equity securities.
Executives
Oran Ebel officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Carlos Whitaker officer: President 345 PARK AVE, NEW YORK NY 10154
Edward Desloge officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Kris Corbett officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Alcide officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Stacy Wang officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Jonathan Bock officer: See Remarks BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Brad Marshall officer: CEO, other: Trustee 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Katherine Rubenstein officer: Chief Operating Officer 345 PARK AVE, NEW YORK NY 10154
Kevin Jr. Kresge officer: See Remarks 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
William J Renahan officer: See Remarks 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Abby Miller officer: See Remarks C/O BLACKROCK CAPITAL INVESTMENT CORP, 40 EAST 52ND STREET, NEW YORK NY 10022
Michelle Greene other: Trustee 345 PARK AVENUE, NEW YORK NY 10154
David Henry Goldberg officer: See Remarks 345 PARK AVE, NEW YORK NY 10154
Robert J Bass other: Trustee C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654