CII (Blackrock Enhanced Cap&Inc Fund,) Scaled Net Operating Assets: 0.97 (As of Dec. 2025)

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CII Blackrock Enhanced Cap&Inc Fund, Inc CII
59 GF Score
Price $24.42
GF Value $32.64
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Blackrock Enhanced Cap&Inc Fund, Scaled Net Operating Assets?

Blackrock Enhanced Cap&Inc Fund, CII -0.85% 59 Scaled Net Operating Assets is 0.97 as of Dec. 2025. GuruFocus rates CII with a GF Score™ of 59/100 and a GF Value™ of $32.64 (Modestly Undervalued). The stock has 4 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 Enhanced Cap&Inc Fund,'s operating assets for the quarter that ended in Dec. 2025 was $1,021.3 Mil. Blackrock Enhanced Cap&Inc Fund,'s operating liabilities for the quarter that ended in Dec. 2025 was $94.1 Mil. Blackrock Enhanced Cap&Inc Fund,'s Total Assets for the quarter that ended in Jun. 2025 was $957.2 Mil. Therefore, Blackrock Enhanced Cap&Inc Fund,'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.97.

CII
59GF Score
Blackrock Enhanced Cap&Inc Fund, Inc CII
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Enhanced Cap&Inc Fund, 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 Enhanced Cap&Inc Fund,'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 )
=(1021.305-94.096)/912.697
=1.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1021.306 - 0.001
=1021.305

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94.11 - 0.014 - 0
=94.096

Blackrock Enhanced Cap&Inc Fund,'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 )
=(1021.305-94.096)/957.2
=0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1021.306 - 0.001
=1021.305

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94.11 - 0.014 - 0
=94.096

* 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 0.97 mean?
Blackrock Enhanced Cap&Inc Fund, (CII) has a Scaled Net Operating Assets of 0.97 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 Enhanced Cap&Inc Fund, and its competitors.
Is Blackrock Enhanced Cap&Inc Fund,'s Scaled Net Operating Assets too high?
Blackrock Enhanced Cap&Inc Fund,'s current Scaled Net Operating Assets is 0.97. Overall, Blackrock Enhanced Cap&Inc Fund, has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Enhanced Cap&Inc Fund,'s Scaled Net Operating Assets compare to MUC and RNP?
Blackrock Enhanced Cap&Inc Fund,'s Scaled Net Operating Assets of 0.97 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 Enhanced Cap&Inc Fund, and its competitors. Blackrock Enhanced Cap&Inc Fund,'s current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Enhanced Cap&Inc Fund, stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Enhanced Cap&Inc Fund, (CII) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.64, compared to a current price of $24.42 — trading 25.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.97. Blackrock Enhanced Cap&Inc Fund,'s overall GF Score™ is 59/100 with 4 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 Enhanced Cap&Inc Fund, (CII), the current Scaled Net Operating Assets is 0.97 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 Enhanced Cap&Inc Fund, (CII) Overvalued in 2026?

Based on GuruFocus' analysis, Blackrock Enhanced Cap&Inc Fund, stock appears to be undervalued. The current stock price of $24.42 is trading 25.2% below its estimated GF Value™ of $32.64. GuruFocus considers Blackrock Enhanced Cap&Inc Fund, to be Modestly Undervalued.

Key valuation signals for CII:

  • Scaled Net Operating Assets: 0.97
  • GF Value™: $32.64 vs. price of $24.42 (25.2% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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

Blackrock Enhanced Cap&Inc Fund, Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Enhanced Cap&Inc Fund, Inc is a closed-end management investment company. Its investment objective is to provide current income and capital appreciation. The trust seeks to achieve its investment objective by investing in a portfolio of equity securities of U.S. and foreign issuers. It may invest directly in such securities or synthetically through the use of derivatives. It also seeks to achieve its investment objective by employing a writing (selling) call and put options.
59GF Score

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

$24.42
Price
$32.64
GF Value