GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan European Growth & Income PLC (LSE:JEGI) » Definitions » Scaled Net Operating Assets

JPMorgan European Growth &ome (LSE:JEGI) Scaled Net Operating Assets : 0.84 (As of Sep. 2023)


View and export this data going back to 1955. Start your Free Trial

What is JPMorgan European Growth &ome 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.

JPMorgan European Growth &ome's operating assets for the quarter that ended in Sep. 2023 was £464.15 Mil. JPMorgan European Growth &ome's operating liabilities for the quarter that ended in Sep. 2023 was £43.70 Mil. JPMorgan European Growth &ome's Total Assets for the quarter that ended in Mar. 2023 was £499.49 Mil. Therefore, JPMorgan European Growth &ome's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.84.


JPMorgan European Growth &ome 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.

JPMorgan European Growth &ome's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(473.967-0.465)/484.902
=0.98

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=499.49 - 25.523
=473.967

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.244 - 43.779 - 0
=0.465

JPMorgan European Growth &ome's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(464.15-43.702)/499.49
=0.84

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=488.13 - 23.98
=464.15

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43.702 - 0 - 0
=43.702

* 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.


JPMorgan European Growth &ome Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of JPMorgan European Growth &ome's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan European Growth &ome (LSE:JEGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan European Investment Trust PLC is an investment trust company based in the United Kingdom. The company invests across two categories of investments, which are growth and income. Its investment objective of the growth portfolio is to provide capital growth and a rising share price over the longer term from Continental European investments. The company invests in a diversified portfolio of investments in the stock markets of Continental Europe. Its investment objective of the income portfolio is to provide a growing income together with the potential for long term capital growth by investing in a portfolio of investments that are diversified amongst countries, sectors and market capitalization.