Blackstone Price To Sales Ratio vs Days Of Inventory On Hand Analysis

BX Stock  USD 121.25  0.96  0.79%   
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 Price To Sales Ratio and its Days Of Inventory On Hand 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.

Price To Sales Ratio vs Days Of Inventory On Hand

Price To Sales Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackstone Group Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have weak relationship.
The correlation between Blackstone's Price To Sales Ratio and Days Of Inventory On Hand is 0.34. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand 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 Price To Sales Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Blackstone Group are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Price To Sales Ratio i.e., Blackstone's Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Blackstone Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blackstone sales, a figure that is much harder to manipulate than other Blackstone Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Days Of Inventory On Hand

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)
Interest Expense198.3M317.2M431.9M437.2M
Depreciation And Amortization74.9M67.1M134.2M140.9M

Blackstone fundamental ratios Correlations

0.160.520.370.660.60.330.15-0.230.790.55-0.17-0.70.240.91-0.04-0.53-0.410.56-0.320.420.40.49-0.450.380.14
0.160.23-0.660.29-0.21-0.160.27-0.39-0.030.30.0-0.020.81-0.07-0.29-0.38-0.46-0.57-0.34-0.05-0.37-0.64-0.340.28-0.43
0.520.23-0.180.540.66-0.460.760.020.670.85-0.22-0.880.660.370.15-0.59-0.86-0.02-0.850.040.49-0.03-0.890.710.42
0.37-0.66-0.18-0.080.190.44-0.250.090.19-0.17-0.29-0.07-0.60.650.050.330.350.960.320.190.490.960.27-0.270.45
0.660.290.54-0.080.390.190.020.050.710.33-0.06-0.630.340.450.34-0.43-0.550.04-0.520.12-0.01-0.04-0.580.59-0.12
0.6-0.210.660.190.390.00.350.030.730.560.18-0.850.130.550.14-0.64-0.430.41-0.430.090.610.37-0.510.50.32
0.33-0.16-0.460.440.190.0-0.79-0.430.21-0.460.150.06-0.440.3-0.240.090.410.430.530.29-0.220.350.36-0.28-0.36
0.150.270.76-0.250.020.35-0.790.030.120.77-0.16-0.40.560.11-0.1-0.34-0.54-0.16-0.55-0.020.58-0.1-0.510.370.59
-0.23-0.390.020.090.050.03-0.430.03-0.11-0.14-0.30.05-0.2-0.090.920.27-0.030.05-0.25-0.180.090.06-0.060.150.08
0.79-0.030.670.190.710.730.210.12-0.110.610.0-0.890.260.670.15-0.64-0.590.37-0.550.10.340.33-0.670.610.17
0.550.30.85-0.170.330.56-0.460.77-0.140.61-0.07-0.720.640.41-0.09-0.58-0.720.01-0.660.080.450.03-0.720.70.41
-0.170.0-0.22-0.29-0.060.180.15-0.16-0.30.0-0.070.11-0.19-0.22-0.35-0.410.29-0.210.29-0.29-0.18-0.180.29-0.07-0.2
-0.7-0.02-0.88-0.07-0.63-0.850.06-0.40.05-0.89-0.720.11-0.45-0.57-0.190.640.77-0.270.73-0.09-0.45-0.220.84-0.72-0.28
0.240.810.66-0.60.340.13-0.440.56-0.20.260.64-0.19-0.450.04-0.05-0.5-0.87-0.46-0.78-0.17-0.13-0.51-0.790.65-0.16
0.91-0.070.370.650.450.550.30.11-0.090.670.41-0.22-0.570.040.02-0.34-0.250.8-0.220.260.520.76-0.30.230.29
-0.04-0.290.150.050.340.14-0.24-0.10.920.15-0.09-0.35-0.19-0.050.020.13-0.250.05-0.43-0.17-0.030.01-0.290.36-0.09
-0.53-0.38-0.590.33-0.43-0.640.09-0.340.27-0.64-0.58-0.410.64-0.5-0.340.130.530.090.50.01-0.210.110.53-0.390.07
-0.41-0.46-0.860.35-0.55-0.430.41-0.54-0.03-0.59-0.720.290.77-0.87-0.25-0.250.530.190.960.14-0.070.250.99-0.82-0.04
0.56-0.57-0.020.960.040.410.43-0.160.050.370.01-0.21-0.27-0.460.80.050.090.190.170.190.560.980.1-0.110.42
-0.32-0.34-0.850.32-0.52-0.430.53-0.55-0.25-0.55-0.660.290.73-0.78-0.22-0.430.50.960.170.25-0.130.210.96-0.79-0.1
0.42-0.050.040.190.120.090.29-0.02-0.180.10.08-0.29-0.09-0.170.26-0.170.010.140.190.250.120.210.12-0.23-0.02
0.4-0.370.490.49-0.010.61-0.220.580.090.340.45-0.18-0.45-0.130.52-0.03-0.21-0.070.56-0.130.120.59-0.140.030.85
0.49-0.64-0.030.96-0.040.370.35-0.10.060.330.03-0.18-0.22-0.510.760.010.110.250.980.210.210.590.15-0.170.5
-0.45-0.34-0.890.27-0.58-0.510.36-0.51-0.06-0.67-0.720.290.84-0.79-0.3-0.290.530.990.10.960.12-0.140.15-0.83-0.1
0.380.280.71-0.270.590.5-0.280.370.150.610.7-0.07-0.720.650.230.36-0.39-0.82-0.11-0.79-0.230.03-0.17-0.830.03
0.14-0.430.420.45-0.120.32-0.360.590.080.170.41-0.2-0.28-0.160.29-0.090.07-0.040.42-0.1-0.020.850.5-0.10.03
Click cells to compare fundamentals

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 Total25.2B18.8B32.0B30.6B6.1M5.8M
Other Assets1.6B1.4B1.8B3.1B37.3B39.2B
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 Assets5.7B6.1B7.4B8.9B3.0B5.8B
Short Long Term Debt Total11.8B6.3B8.7B13.5B12.3B8.5B
Other Current Liab(806.2M)(717.1M)(937.2M)(1.2B)(2.4B)(2.3B)
Other Liab1.1B1.1B1.9B2.3B2.0B1.3B
Accounts Payable806.2M717.1M937.2M1.2B2.3B2.4B
Long Term Debt11.1B5.6B7.7B12.3B14.2B7.8B
Non Current Liabilities Total11.8B6.3B8.7B1.2B22.2B23.3B
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)(32.1B)(30.5B)
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Blackstone Stock Analysis

When running Blackstone's price analysis, check to measure Blackstone'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 is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone'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's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.