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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Scaled Net Operating Assets : 0.57 (As of Feb. 2018)


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What is Blackrock New Jersey Municipal Bond Tr 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.

Blackrock New Jersey Municipal Bond Tr's operating assets for the quarter that ended in Feb. 2018 was $60.78 Mil. Blackrock New Jersey Municipal Bond Tr's operating liabilities for the quarter that ended in Feb. 2018 was $24.93 Mil. Blackrock New Jersey Municipal Bond Tr's Total Assets for the quarter that ended in Aug. 2017 was $63.14 Mil. Therefore, Blackrock New Jersey Municipal Bond Tr's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2018 was 0.57.

Blackrock New Jersey Municipal Bond 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 New Jersey Municipal Bond Tr's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2017 )
=(Operating Assets (A: Aug. 2017 )-Operating Liabilities (A: Aug. 2017 ))/Total Assets (A: Aug. 2016 )
=(63.142-25.017)/62.805
=0.61

where

Operating Assets(A: Aug. 2017 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=63.142 - 0
=63.142

Operating Liabilities(A: Aug. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.324 - 1.307 - 0
=25.017

Blackrock New Jersey Municipal Bond Tr's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2018 )
=(Operating Assets (Q: Feb. 2018 )-Operating Liabilities (Q: Feb. 2018 ))/Total Assets (Q: Aug. 2017 )
=(60.777-24.926)/63.142
=0.57

where

Operating Assets(Q: Feb. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=60.789 - 0.012
=60.777

Operating Liabilities(Q: Feb. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.026 - 0.1 - 0
=24.926

* 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.

Blackrock New Jersey Municipal Bond Tr Scaled Net Operating Assets Related Terms

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Blackrock New Jersey Municipal Bond Tr (Blackrock New Jersey Municipal Bond Tr) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock New Jersey Municipal Bond Tr (AMEX:BLJ) » Definitions » Scaled Net Operating Assets
Comparable Companies
LSE:EWG PHS:REG XBUL:6N3 TSX:SKG.UN LSE:HR1O EQS XKRX:214150 LSE:IIP COL:TAP.N0000 JSE:VUN LSE:FFWD LSE:MIG5 TSX:IAM ASX:FSI WAR:SHD LSE:CDI XCNQ:BLOC ASX:MA1 LSE:BLP LSE:PBLT
Traded in Other Exchanges
N/A
Address
Website
http://www.blackrock.com
BlackRock New Jersey Municipal Bond Trust functions in the financial domain. Managed by BlackRock Advisors, LLC, it is a non-diversified, closed-end municipal bond fund. The Trust's investment objective is to provide current income exempt from regular federal income tax and New Jersey gross income tax. It seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes. It invests its funds in municipal bonds that are investment grade quality at the time of investment. Its portfolio comprises of various sectors, including transportation, education, local tax-backed, county, state tax-backed, health, corporate and housing.
Executives
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Timothy T Browse other: Portfolio Manager 800 SCUDDERS MILLRD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Ag Ubs other: Former 10% owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055