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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Scaled Net Operating Assets : 0.80 (As of Sep. 2023)


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What is BNY Mellon Strategic Municipals, Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BNY Mellon Strategic Municipals,'s operating assets for the quarter that ended in Sep. 2023 was $618.02 Mil. BNY Mellon Strategic Municipals,'s operating liabilities for the quarter that ended in Sep. 2023 was $90.40 Mil. BNY Mellon Strategic Municipals,'s Total Assets for the quarter that ended in Mar. 2023 was $663.16 Mil. Therefore, BNY Mellon Strategic Municipals,'s scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.80.

BNY Mellon Strategic Municipals, Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

BNY Mellon Strategic Municipals,'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(618.02-90.404)/664.722
=0.79

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=624.251 - 6.231
=618.02

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231.892 - 141.488 - 0
=90.404

BNY Mellon Strategic Municipals,'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(618.02-90.404)/663.163
=0.80

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=624.251 - 6.231
=618.02

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231.892 - 141.488 - 0
=90.404

* 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.

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BNY Mellon Strategic Municipals, (BNY Mellon Strategic Municipals,) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
240 Greenwich Street, New York, NY, USA, 10286
Website
https://www.bnymellonim.com
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products are Equity and Fixed Income Mutual Funds, Retail Money Market Funds, Government/Treasury Money Market Funds, Institutional Money Market Funds, and others.
Executives
Bushra Mannan other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Irene Papadoulis other: Director of BNYMIA (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Ping Jiang other: Dir. of Invest. Oversight (1) C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Daniel Goldstein officer: VP 240 GREENWICH STREET, NEW YORK NY 10286
Joseph Martella officer: VP C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10288
Insight North America Llc other: Sub-Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
Robert J. Pomeroy officer: VP; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John Squillace other: CCO; Investment Adviser 240 GREENWICH STREET, NEW YORK NY 10286
Gregory Pasquale other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Kenneth J. Bradle other: Director of Advisor 240 GREENWICH STREET, NEW YORK NY 10286
Amanda Quinn officer: VP and Asst Secretary C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
John P Shea other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
David Dipetrillo officer: Vice President C/O THE DREYFUS CORPORATION, 240 GREENWICH STREET, NEW YORK NY 10286
Mark D Woods other: CFO; Investment Adviser C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286