BEGI (Blackstar Enterprise Group) Scaled Net Operating Assets: -3.67 (As of Sep. 2025)


What is Blackstar Enterprise Group Scaled Net Operating Assets?

Blackstar Enterprise Group BEGI -99.00% Scaled Net Operating Assets is -3.67 as of Sep. 2025. The stock has 4 warning signs investors should review.

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

Blackstar Enterprise Group's operating assets for the quarter that ended in Sep. 2025 was $0.39 Mil. Blackstar Enterprise Group's operating liabilities for the quarter that ended in Sep. 2025 was $1.91 Mil. Blackstar Enterprise Group's Total Assets for the quarter that ended in Jun. 2025 was $0.41 Mil. Therefore, Blackstar Enterprise Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was -3.67.

Blackstar Enterprise Group Scaled Net Operating Assets Historical Data

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The historical data trend for Blackstar Enterprise Group's Scaled Net Operating Assets 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.

Blackstar Enterprise Group Scaled Net Operating Assets Chart

Blackstar Enterprise Group Annual Data
Trend Jul04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.49 -0.01 -0.73 -2.98

Blackstar Enterprise Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Scaled Net Operating Assets 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 -2.70 -2.96 -3.05 -3.52 -3.68

BEGI vs NIHK, MNTR, BTMCQ: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Blackstar Enterprise Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Blackstar Enterprise Group Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Blackstar Enterprise Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Blackstar Enterprise Group's Scaled Net Operating Assets falls into.


Blackstar Enterprise Group 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.

Blackstar Enterprise Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(0.394-1.531)/0.382
=-2.98

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.398 - 0.004
=0.394

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.726 - 0.024 - 1.171
=1.531

Blackstar Enterprise Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(0.394-1.908)/0.412
=-3.67

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.394 - 0
=0.394

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.171 - 0.024 - 1.239
=1.908

* 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.

What does a Scaled Net Operating Assets of -3.67 mean?
Blackstar Enterprise Group (BEGI) has a Scaled Net Operating Assets of -3.67 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackstar Enterprise Group and its competitors.
Is Blackstar Enterprise Group's Scaled Net Operating Assets too high?
Blackstar Enterprise Group's current Scaled Net Operating Assets is -3.67.
How does Blackstar Enterprise Group's Scaled Net Operating Assets compare to NIHK and MNTR?
Blackstar Enterprise Group's Scaled Net Operating Assets of -3.67 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackstar Enterprise Group and its competitors. Blackstar Enterprise Group's current Scaled Net Operating Assets is -3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstar Enterprise Group stock overvalued right now?
Blackstar Enterprise Group (BEGI) has a current Scaled Net Operating Assets of -3.67. The current Scaled Net Operating Assets is -3.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Blackstar Enterprise Group (BEGI), the current Scaled Net Operating Assets is -3.67 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackstar Enterprise Group Business Description

Address 4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303
Blackstar Enterprise Group Inc is a merchant banking firm that facilitates venture capital for early-stage companies and is developing a blockchain-based platform to trade electronic fungible shares of its common stock. The company focuses on the DLT industry and invests through joint ventures in emerging blockchain businesses. Its primary goal is long-term capital appreciation through majority-controlled ventures, while its secondary goal is capital preservation through risk management and a loan portfolio. Its risk approach includes limiting very early-stage investments, maintaining majority stakes in cash-flow-positive ventures, and co-investing with venture capital firms. The company also provides consulting and regulatory compliance services to crypto-equity companies.