ERH (Allspring Utilities and Highome Fund) Scaled Net Operating Assets: 1.06 (As of Feb. 2026)


ERH Allspring Utilities and High Income Fund ERH
32 GF Score
Price $12.11
! 6 Warning Signs
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What is Allspring Utilities and Highome Fund Scaled Net Operating Assets?

Allspring Utilities and Highome Fund ERH +0.50% 32 Scaled Net Operating Assets is 1.06 as of Feb. 2026. GuruFocus rates ERH with a GF Score™ of 32/100. The stock has 6 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.

Allspring Utilities and Highome Fund's operating assets for the quarter that ended in Feb. 2026 was $155.04 Mil. Allspring Utilities and Highome Fund's operating liabilities for the quarter that ended in Feb. 2026 was $1.97 Mil. Allspring Utilities and Highome Fund's Total Assets for the quarter that ended in Aug. 2025 was $144.80 Mil. Therefore, Allspring Utilities and Highome Fund's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 1.06.

ERH
32GF Score
Allspring Utilities and High Income Fund ERH
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Allspring Utilities and Highome 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.

Allspring Utilities and Highome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(144.796-0.998)/139.438
=1.03

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=144.796 - 0
=144.796

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.998 - 30 - 0
=0.998

Allspring Utilities and Highome Fund'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 )
=(155.039-1.97)/144.796
=1.06

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=155.039 - 0
=155.039

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31.97 - 30 - 0
=1.97

* 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 1.06 mean?
Allspring Utilities and Highome Fund (ERH) has a Scaled Net Operating Assets of 1.06 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 Allspring Utilities and Highome Fund and its competitors.
Is Allspring Utilities and Highome Fund's Scaled Net Operating Assets too high?
Allspring Utilities and Highome Fund's current Scaled Net Operating Assets is 1.06. Overall, Allspring Utilities and Highome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Allspring Utilities and Highome Fund's Scaled Net Operating Assets compare to PCF and PGP?
Allspring Utilities and Highome Fund's Scaled Net Operating Assets of 1.06 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 Allspring Utilities and Highome Fund and its competitors. Allspring Utilities and Highome Fund's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allspring Utilities and Highome Fund stock overvalued right now?
Allspring Utilities and Highome Fund (ERH) has a current Scaled Net Operating Assets of 1.06. The current Scaled Net Operating Assets is 1.06. Allspring Utilities and Highome Fund's overall GF Score™ is 32/100 with 6 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 Allspring Utilities and Highome Fund (ERH), the current Scaled Net Operating Assets is 1.06 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.

Allspring Utilities and Highome Fund Business Description

Address 1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company allocates a majority of its total assets to a sleeve that places a focus on common, preferred, and convertible preferred stocks of utility companies and the rest of its total assets to a sleeve of U.S. dollar denominated below investment grade (high yield) debt.
32GF Score

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