HIX (Western Asset Highome Fund II) Scaled Net Operating Assets: 0.94 (As of Oct. 2025)


HIX Western Asset High Income Fund II Inc HIX
31 GF Score
Price $3.93
! 5 Warning Signs
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What is Western Asset Highome Fund II Scaled Net Operating Assets?

Western Asset Highome Fund II HIX +0.77% 31 Scaled Net Operating Assets is 0.94 as of Oct. 2025. GuruFocus rates HIX with a GF Score™ of 31/100. The stock has 5 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.

Western Asset Highome Fund II's operating assets for the quarter that ended in Oct. 2025 was $592.43 Mil. Western Asset Highome Fund II's operating liabilities for the quarter that ended in Oct. 2025 was $41.94 Mil. Western Asset Highome Fund II's Total Assets for the quarter that ended in Apr. 2025 was $585.76 Mil. Therefore, Western Asset Highome Fund II's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.94.

HIX
31GF Score
Western Asset High Income Fund II Inc HIX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Highome Fund II 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.

Western Asset Highome Fund II's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(583.306-9.085)/610.51
=0.94

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=585.762 - 2.456
=583.306

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202.183 - 193.098 - 0
=9.085

Western Asset Highome Fund II's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(592.433-41.937)/585.762
=0.94

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=592.808 - 0.375
=592.433

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=199.197 - 157.26 - 0
=41.937

* 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 0.94 mean?
Western Asset Highome Fund II (HIX) has a Scaled Net Operating Assets of 0.94 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Western Asset Highome Fund II and its competitors.
Is Western Asset Highome Fund II's Scaled Net Operating Assets too high?
Western Asset Highome Fund II's current Scaled Net Operating Assets is 0.94. Overall, Western Asset Highome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Western Asset Highome Fund II's Scaled Net Operating Assets compare to SSSS and JGH?
Western Asset Highome Fund II's Scaled Net Operating Assets of 0.94 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 Western Asset Highome Fund II and its competitors. Western Asset Highome Fund II's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Highome Fund II stock overvalued right now?
Western Asset Highome Fund II (HIX) has a current Scaled Net Operating Assets of 0.94. The current Scaled Net Operating Assets is 0.94. Western Asset Highome Fund II's overall GF Score™ is 31/100 with 5 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 Western Asset Highome Fund II (HIX), the current Scaled Net Operating Assets is 0.94 as of Oct. 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.

Western Asset Highome Fund II Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
31GF Score

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