MYI (BLACKROCK MUNIYIELD QUALITY FUND III,) Scaled Net Operating Assets: 0.60 (As of Jan. 2026)


MYI BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
36 GF Score
Price $11.06
! 4 Warning Signs
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What is BLACKROCK MUNIYIELD QUALITY FUND III, Scaled Net Operating Assets?

BLACKROCK MUNIYIELD QUALITY FUND III, MYI +0.64% 36 Scaled Net Operating Assets is 0.60 as of Jan. 2026. GuruFocus rates MYI with a GF Score™ of 36/100. The stock has 4 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 MUNIYIELD QUALITY FUND III,'s operating assets for the quarter that ended in Jan. 2026 was $1,360.22 Mil. BLACKROCK MUNIYIELD QUALITY FUND III,'s operating liabilities for the quarter that ended in Jan. 2026 was $568.47 Mil. BLACKROCK MUNIYIELD QUALITY FUND III,'s Total Assets for the quarter that ended in Jul. 2025 was $1,309.18 Mil. Therefore, BLACKROCK MUNIYIELD QUALITY FUND III,'s scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 0.60.

MYI
36GF Score
BLACKROCK MUNIYIELD QUALITY FUND III, INC. MYI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BLACKROCK MUNIYIELD QUALITY FUND III, 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 MUNIYIELD QUALITY FUND III,'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(1305.704-561.167)/1332.973
=0.56

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1309.182 - 3.478
=1305.704

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=561.167 - 0 - 0
=561.167

BLACKROCK MUNIYIELD QUALITY FUND III,'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(1360.22-568.47)/1309.182
=0.60

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1360.22 - 0
=1360.22

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=569.256 - 0.786 - 0
=568.47

* 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 0.60 mean?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a Scaled Net Operating Assets of 0.60 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BLACKROCK MUNIYIELD QUALITY FUND III, and its competitors.
Is BLACKROCK MUNIYIELD QUALITY FUND III,'s Scaled Net Operating Assets too high?
BLACKROCK MUNIYIELD QUALITY FUND III,'s current Scaled Net Operating Assets is 0.60. Overall, BLACKROCK MUNIYIELD QUALITY FUND III, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BLACKROCK MUNIYIELD QUALITY FUND III,'s Scaled Net Operating Assets compare to CCD and BTO?
BLACKROCK MUNIYIELD QUALITY FUND III,'s Scaled Net Operating Assets of 0.60 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 MUNIYIELD QUALITY FUND III, and its competitors. BLACKROCK MUNIYIELD QUALITY FUND III,'s current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLACKROCK MUNIYIELD QUALITY FUND III, stock overvalued right now?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a current Scaled Net Operating Assets of 0.60. The current Scaled Net Operating Assets is 0.60. BLACKROCK MUNIYIELD QUALITY FUND III,'s overall GF Score™ is 36/100 with 4 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 MUNIYIELD QUALITY FUND III, (MYI), the current Scaled Net Operating Assets is 0.60 as of Jan. 2026. 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 MUNIYIELD QUALITY FUND III, Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes, as is consistent with its investment policies and prudent investment management. The fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
36GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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