BLE (Blackrock Municipalome Trust II) Scaled Net Operating Assets: 0.78 (As of Jul. 2025)


BLE Blackrock Municipal Income Trust II BLE
24 GF Score
Price $10.54
! 2 Warning Signs
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What is Blackrock Municipalome Trust II Scaled Net Operating Assets?

Blackrock Municipalome Trust II BLE -0.19% 24 Scaled Net Operating Assets is 0.78 as of Jul. 2025. GuruFocus rates BLE with a GF Score™ of 24/100. 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 Municipalome Trust II's operating assets for the quarter that ended in Jul. 2025 was $872.90 Mil. Blackrock Municipalome Trust II's operating liabilities for the quarter that ended in Jul. 2025 was $190.56 Mil. Blackrock Municipalome Trust II's Total Assets for the quarter that ended in Jan. 2025 was $876.88 Mil. Therefore, Blackrock Municipalome Trust II's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2025 was 0.78.

BLE
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Blackrock Municipal Income Trust II BLE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Municipalome Trust II 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 Municipalome Trust II'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 )
=(872.896-190.558)/870.414
=0.78

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=881.456 - 8.56
=872.896

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=368.236 - 177.678 - 0
=190.558

Blackrock Municipalome Trust II'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 )
=(872.896-190.558)/876.884
=0.78

where

Operating Assets(Q: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=881.456 - 8.56
=872.896

Operating Liabilities(Q: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=368.236 - 177.678 - 0
=190.558

* 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 0.78 mean?
Blackrock Municipalome Trust II (BLE) has a Scaled Net Operating Assets of 0.78 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 Municipalome Trust II and its competitors.
Is Blackrock Municipalome Trust II's Scaled Net Operating Assets too high?
Blackrock Municipalome Trust II's current Scaled Net Operating Assets is 0.78. Overall, Blackrock Municipalome Trust II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipalome Trust II's Scaled Net Operating Assets compare to VVR and HQL?
Blackrock Municipalome Trust II's Scaled Net Operating Assets of 0.78 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 Municipalome Trust II and its competitors. Blackrock Municipalome Trust II's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipalome Trust II stock overvalued right now?
Blackrock Municipalome Trust II (BLE) has a current Scaled Net Operating Assets of 0.78. The current Scaled Net Operating Assets is 0.78. Blackrock Municipalome Trust II's overall GF Score™ is 24/100 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 Municipalome Trust II (BLE), the current Scaled Net Operating Assets is 0.78 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 Municipalome Trust II Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide a high current income exempt from federal income taxes. The fund invests a majority of its managed assets in municipal obligations issued by or on behalf of states, territories, and possessions of the United States and their political subdivisions, agencies, or instrumentalities (Municipal Bonds), the interest of which is exempt from regular federal income tax (except that the interest may be subject to the alternative minimum tax).
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