BlackRock World Mining Trust (LSE:BRWM) Scaled Net Operating Assets: 1.50 (As of Dec. 2025)


LSE:BRWM BlackRock World Mining Trust PLC LSE:BRWM
41 GF Score
Price £9.29
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What is BlackRock World Mining Trust Scaled Net Operating Assets?

BlackRock World Mining Trust LSE:BRWM +2.20% 41 Scaled Net Operating Assets is 1.50 as of Dec. 2025. GuruFocus rates LSE:BRWM with a GF Score™ of 41/100. The stock has 2 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 World Mining Trust's operating assets for the quarter that ended in Dec. 2025 was £1,691.0 Mil. BlackRock World Mining Trust's operating liabilities for the quarter that ended in Dec. 2025 was £9.6 Mil. BlackRock World Mining Trust's Total Assets for the quarter that ended in Jun. 2025 was £1,120.3 Mil. Therefore, BlackRock World Mining Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.50.

LSE:BRWM
41GF Score
BlackRock World Mining Trust PLC LSE:BRWM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock World Mining 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 World Mining Trust'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 )
=(1690.982-9.646)/1123.654
=1.50

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1704.782 - 13.8
=1690.982

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=106.354 - 96.708 - 0
=9.646

BlackRock World Mining Trust'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 )
=(1690.982-9.646)/1120.253
=1.50

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1704.782 - 13.8
=1690.982

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=106.354 - 96.708 - 0
=9.646

* 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 1.50 mean?
BlackRock World Mining Trust (LSE:BRWM) has a Scaled Net Operating Assets of 1.50 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 World Mining Trust and its competitors.
Is BlackRock World Mining Trust's Scaled Net Operating Assets too high?
BlackRock World Mining Trust's current Scaled Net Operating Assets is 1.50. Overall, BlackRock World Mining Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock World Mining Trust's Scaled Net Operating Assets compare to BLK and BX?
BlackRock World Mining Trust's Scaled Net Operating Assets of 1.50 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 World Mining Trust and its competitors. BlackRock World Mining Trust's current Scaled Net Operating Assets is 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock World Mining Trust stock overvalued right now?
BlackRock World Mining Trust (LSE:BRWM) has a current Scaled Net Operating Assets of 1.50. The current Scaled Net Operating Assets is 1.50. BlackRock World Mining Trust's overall GF Score™ is 41/100 with 2 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 World Mining Trust (LSE:BRWM), the current Scaled Net Operating Assets is 1.50 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.

BlackRock World Mining Trust Business Description

Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. It focuses on investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.
41GF Score

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