BlackRock New Energy Investment Trust (LSE:BRNS) Scaled Net Operating Assets: 1.07 (As of Oct. 2013)

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What is BlackRock New Energy Investment Trust Scaled Net Operating Assets?

BlackRock New Energy Investment Trust LSE:BRNS Scaled Net Operating Assets is 1.07 as of Oct. 2013. 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.

BlackRock New Energy Investment Trust's operating assets for the quarter that ended in Oct. 2013 was £108.91 Mil. BlackRock New Energy Investment Trust's operating liabilities for the quarter that ended in Oct. 2013 was £2.00 Mil. BlackRock New Energy Investment Trust's Total Assets for the quarter that ended in Apr. 2013 was £99.72 Mil. Therefore, BlackRock New Energy Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2013 was 1.07.

BlackRock New Energy Investment 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 New Energy Investment Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2013 )
=(Operating Assets (A: Oct. 2013 )-Operating Liabilities (A: Oct. 2013 ))/Total Assets (A: Oct. 2012 )
=(108.907-2)/85.692
=1.25

where

Operating Assets(A: Oct. 2013 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=108.907 - 0
=108.907

Operating Liabilities(A: Oct. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2 - 0 - 0
=2

BlackRock New Energy Investment Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2013 )
=(Operating Assets (Q: Oct. 2013 )-Operating Liabilities (Q: Oct. 2013 ))/Total Assets (Q: Apr. 2013 )
=(108.907-2)/99.719
=1.07

where

Operating Assets(Q: Oct. 2013 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=108.907 - 0
=108.907

Operating Liabilities(Q: Oct. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2 - 0 - 0
=2

* 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 1.07 mean?
BlackRock New Energy Investment Trust (LSE:BRNS) has a Scaled Net Operating Assets of 1.07 as of Oct. 2013. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BlackRock New Energy Investment Trust and its competitors.
Is BlackRock New Energy Investment Trust's Scaled Net Operating Assets too high?
BlackRock New Energy Investment Trust's current Scaled Net Operating Assets is 1.07.
How does BlackRock New Energy Investment Trust's Scaled Net Operating Assets compare to OFS and MVC?
BlackRock New Energy Investment Trust's Scaled Net Operating Assets of 1.07 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 New Energy Investment Trust and its competitors. BlackRock New Energy Investment Trust's current Scaled Net Operating Assets is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock New Energy Investment Trust stock overvalued right now?
BlackRock New Energy Investment Trust (LSE:BRNS) has a current Scaled Net Operating Assets of 1.07. The current Scaled Net Operating Assets is 1.07. 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 New Energy Investment Trust (LSE:BRNS), the current Scaled Net Operating Assets is 1.07 as of Oct. 2013. 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 New Energy Investment Trust Business Description

BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.