BTZ (Blackrock Credit Allocationome Trust) Scaled Net Operating Assets: 0.88 (As of Dec. 2025)


BTZ Blackrock Credit Allocation Income Trust BTZ
49 GF Score
Price $10.22
GF Value $15.16
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Blackrock Credit Allocationome Trust Scaled Net Operating Assets?

Blackrock Credit Allocationome Trust BTZ +0.54% 49 Scaled Net Operating Assets is 0.88 as of Dec. 2025. GuruFocus rates BTZ with a GF Score™ of 49/100 and a GF Value™ of $15.16 (Significantly Undervalued). The stock has 3 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 Credit Allocationome Trust's operating assets for the quarter that ended in Dec. 2025 was $1,771.1 Mil. Blackrock Credit Allocationome Trust's operating liabilities for the quarter that ended in Dec. 2025 was $167.0 Mil. Blackrock Credit Allocationome Trust's Total Assets for the quarter that ended in Jun. 2025 was $1,828.8 Mil. Therefore, Blackrock Credit Allocationome Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.88.

BTZ
49GF Score
Blackrock Credit Allocation Income Trust BTZ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Credit Allocationome Trust 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 Credit Allocationome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1771.107-167.01)/1594.154
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1771.243 - 0.136
=1771.107

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=711.432 - 544.422 - 0
=167.01

Blackrock Credit Allocationome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1771.107-167.01)/1828.841
=0.88

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1771.243 - 0.136
=1771.107

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=711.432 - 544.422 - 0
=167.01

* 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 0.88 mean?
Blackrock Credit Allocationome Trust (BTZ) has a Scaled Net Operating Assets of 0.88 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Blackrock Credit Allocationome Trust and its competitors.
Is Blackrock Credit Allocationome Trust's Scaled Net Operating Assets too high?
Blackrock Credit Allocationome Trust's current Scaled Net Operating Assets is 0.88. Overall, Blackrock Credit Allocationome Trust has a GF Score™ of 49/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Credit Allocationome Trust's Scaled Net Operating Assets compare to BMEZ and AIO?
Blackrock Credit Allocationome Trust's Scaled Net Operating Assets of 0.88 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 Credit Allocationome Trust and its competitors. Blackrock Credit Allocationome Trust's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Credit Allocationome Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Credit Allocationome Trust (BTZ) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.16, compared to a current price of $10.22 — trading 32.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.88. Blackrock Credit Allocationome Trust's overall GF Score™ is 49/100 with 3 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 Credit Allocationome Trust (BTZ), the current Scaled Net Operating Assets is 0.88 as of Dec. 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.

Is Blackrock Credit Allocationome Trust (BTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Blackrock Credit Allocationome Trust stock appears to be undervalued. The current stock price of $10.22 is trading 32.6% below its estimated GF Value™ of $15.16. GuruFocus considers Blackrock Credit Allocationome Trust to be Significantly Undervalued.

Key valuation signals for BTZ:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: $15.16 vs. price of $10.22 (32.6% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Blackrock Credit Allocationome Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Credit Allocation Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek current income, current gains, and capital appreciation. The Trust invests the majority of its assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds (commonly referred to as junk bonds), bank loans, preferred securities, convertible bonds, or derivatives with economic characteristics similar to these credit-related securities. To a lesser extent, it also invests directly in such securities or synthetically through the use of derivatives.
49GF Score

Get the complete analysis for BTZ

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

$10.22
Price
$15.16
GF Value