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BlackRock World Mining Trust (LSE:BRWM) Scaled Net Operating Assets : 0.88 (As of Dec. 2024)


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What is BlackRock World Mining 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 World Mining Trust's operating assets for the quarter that ended in Dec. 2024 was £1,102.26 Mil. BlackRock World Mining Trust's operating liabilities for the quarter that ended in Dec. 2024 was £12.71 Mil. BlackRock World Mining Trust's Total Assets for the quarter that ended in Jun. 2024 was £1,243.10 Mil. Therefore, BlackRock World Mining Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.88.

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. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(1102.258-12.712)/1320.169
=0.83

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1123.654 - 21.396
=1102.258

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.455 - 135.743 - 0
=12.712

BlackRock World Mining Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(1102.258-12.712)/1243.099
=0.88

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1123.654 - 21.396
=1102.258

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.455 - 135.743 - 0
=12.712

* 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.

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BlackRock World Mining Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock World Mining Trust PLC (LSE:BRWM) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
Website
https://www.blackrock.com
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.