BFZ (Blackrock CA Muniome Tr) Scaled Net Operating Assets: 0.58 (As of Jul. 2025)

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BFZ Blackrock CA Muni Income Tr BFZ
21 GF Score
Price $11.11
! 2 Warning Signs
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What is Blackrock CA Muniome Tr Scaled Net Operating Assets?

Blackrock CA Muniome Tr BFZ -0.36% 21 Scaled Net Operating Assets is 0.58 as of Jul. 2025. GuruFocus rates BFZ with a GF Score™ of 21/100. The stock has 2 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.

Blackrock CA Muniome Tr's operating assets for the quarter that ended in Jul. 2025 was $617.33 Mil. Blackrock CA Muniome Tr's operating liabilities for the quarter that ended in Jul. 2025 was $275.83 Mil. Blackrock CA Muniome Tr's Total Assets for the quarter that ended in Jan. 2025 was $587.98 Mil. Therefore, Blackrock CA Muniome Tr's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2025 was 0.58.

BFZ
21GF Score
Blackrock CA Muni Income Tr BFZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock CA Muniome Tr 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.

Blackrock CA Muniome Tr's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(617.325-275.828)/597.023
=0.57

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=617.325 - 0
=617.325

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=275.828 - 0 - 0
=275.828

Blackrock CA Muniome Tr's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2025 )
=(Operating Assets (Q: Jul. 2025 )-Operating Liabilities (Q: Jul. 2025 ))/Total Assets (Q: Jan. 2025 )
=(617.325-275.828)/587.975
=0.58

where

Operating Assets(Q: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=617.325 - 0
=617.325

Operating Liabilities(Q: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=275.828 - 0 - 0
=275.828

* 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 0.58 mean?
Blackrock CA Muniome Tr (BFZ) has a Scaled Net Operating Assets of 0.58 as of Jul. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackrock CA Muniome Tr and its competitors.
Is Blackrock CA Muniome Tr's Scaled Net Operating Assets too high?
Blackrock CA Muniome Tr's current Scaled Net Operating Assets is 0.58. Overall, Blackrock CA Muniome Tr has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock CA Muniome Tr's Scaled Net Operating Assets compare to BGT and RIV?
Blackrock CA Muniome Tr's Scaled Net Operating Assets of 0.58 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Blackrock CA Muniome Tr and its competitors. Blackrock CA Muniome Tr's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock CA Muniome Tr stock overvalued right now?
Blackrock CA Muniome Tr (BFZ) has a current Scaled Net Operating Assets of 0.58. The current Scaled Net Operating Assets is 0.58. Blackrock CA Muniome Tr's overall GF Score™ is 21/100 with 2 warning signs to review. 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 Blackrock CA Muniome Tr (BFZ), the current Scaled Net Operating Assets is 0.58 as of Jul. 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.

Blackrock CA Muniome Tr Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock CA Muni Income Tr is a United States-based closed-end management investment company. The investment objective is to provide current income exempt from regular U.S. federal income and California income taxes. The Trust seeks to achieve its investment objective by investing principally in municipal obligations exempt from U.S. federal income taxes and California income taxes. The Trust invests, under normal market conditions, at least 80% of its assets in municipal obligations that are investment grade quality, or are considered by the Trust's investment adviser to be of comparable quality, at the time of investment.
21GF Score

Get the complete analysis for BFZ

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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