BlackRock Smaller Trust (CHIX:BRSCL) Scaled Net Operating Assets: 0.96 (As of Feb. 2026)


CHIX:BRSCL BlackRock Smaller Companies Trust PLC CHIX:BRSCL
37 GF Score
Price £2.72
! 1 Warning Sign
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What is BlackRock Smaller Trust Scaled Net Operating Assets?

BlackRock Smaller Trust CHIX:BRSCL 37 Scaled Net Operating Assets is 0.96 as of Feb. 2026. GuruFocus rates CHIX:BRSCL with a GF Score™ of 37/100. The stock has 1 warning sign 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 Smaller Trust's operating assets for the quarter that ended in Feb. 2026 was £645.17 Mil. BlackRock Smaller Trust's operating liabilities for the quarter that ended in Feb. 2026 was £7.65 Mil. BlackRock Smaller Trust's Total Assets for the quarter that ended in Aug. 2025 was £664.45 Mil. Therefore, BlackRock Smaller Trust's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.96.

CHIX:BRSCL
37GF Score
BlackRock Smaller Companies Trust PLC CHIX:BRSCL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Smaller 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 Smaller Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(645.174-7.645)/706.395
=0.90

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=681.32 - 36.146
=645.174

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=77.478 - 69.833 - 0
=7.645

BlackRock Smaller Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Aug. 2025 )
=(645.174-7.645)/664.448
=0.96

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=681.32 - 36.146
=645.174

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=77.478 - 69.833 - 0
=7.645

* 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 0.96 mean?
BlackRock Smaller Trust (CHIX:BRSCL) has a Scaled Net Operating Assets of 0.96 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BlackRock Smaller Trust and its competitors.
Is BlackRock Smaller Trust's Scaled Net Operating Assets too high?
BlackRock Smaller Trust's current Scaled Net Operating Assets is 0.96. Overall, BlackRock Smaller Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Smaller Trust's Scaled Net Operating Assets compare to BLK and BX?
BlackRock Smaller Trust's Scaled Net Operating Assets of 0.96 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 Smaller Trust and its competitors. BlackRock Smaller Trust's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Smaller Trust stock overvalued right now?
BlackRock Smaller Trust (CHIX:BRSCL) has a current Scaled Net Operating Assets of 0.96. The current Scaled Net Operating Assets is 0.96. BlackRock Smaller Trust's overall GF Score™ is 37/100 with 1 warning sign 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 Smaller Trust (CHIX:BRSCL), the current Scaled Net Operating Assets is 0.96 as of Feb. 2026. 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 Smaller Trust Business Description

Other Exchanges BRSC:UK
Address 20 Brandon Street, Dundas House, Edinburgh, GBR, EH3 5PP
BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.
37GF Score

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