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BlackRock Smaller Trust (LSE:BRSC) Scaled Net Operating Assets : 0.98 (As of Feb. 2023)


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What is BlackRock Smaller Trust Scaled Net Operating Assets?

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. 2023 was £813.04 Mil. BlackRock Smaller Trust's operating liabilities for the quarter that ended in Feb. 2023 was £8.55 Mil. BlackRock Smaller Trust's Total Assets for the quarter that ended in Aug. 2022 was £824.40 Mil. Therefore, BlackRock Smaller Trust's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2023 was 0.98.


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. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(770.055-6.463)/836.579
=0.91

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=770.083 - 0.028
=770.055

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83.877 - 77.414 - 0
=6.463

BlackRock Smaller Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2023 )
=(Operating Assets (Q: Feb. 2023 )-Operating Liabilities (Q: Feb. 2023 ))/Total Assets (Q: Aug. 2022 )
=(813.043-8.546)/824.399
=0.98

where

Operating Assets(Q: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=836.579 - 23.536
=813.043

Operating Liabilities(Q: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78.05 - 69.504 - 0
=8.546

* 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.


BlackRock Smaller Trust Scaled Net Operating Assets Related Terms

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BlackRock Smaller Trust (LSE:BRSC) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, Exchange Place One, London, GBR, EC2N 2DL
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.