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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Scaled Net Operating Assets : 0.93 (As of Jan. 2024)


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What is JPMorgan UK Small Cap 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 UK Small Cap Growth &ome's operating assets for the quarter that ended in Jan. 2024 was £281.13 Mil. JPMorgan UK Small Cap Growth &ome's operating liabilities for the quarter that ended in Jan. 2024 was £30.26 Mil. JPMorgan UK Small Cap Growth &ome's Total Assets for the quarter that ended in Jul. 2023 was £269.98 Mil. Therefore, JPMorgan UK Small Cap Growth &ome's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.93.


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

Scaled Net Operating Assets (SNOA)(A: Jul. 2023 )
=(Operating Assets (A: Jul. 2023 )-Operating Liabilities (A: Jul. 2023 ))/Total Assets (A: Jul. 2022 )
=(265.954-0.777)/286.73
=0.92

where

Operating Assets(A: Jul. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=269.981 - 4.027
=265.954

Operating Liabilities(A: Jul. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.777 - 27 - 0
=0.777

JPMorgan UK Small Cap Growth &ome's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Jul. 2023 )
=(281.134-30.257)/269.981
=0.93

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=285.36 - 4.226
=281.134

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.257 - 0 - 0
=30.257

* 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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JPMorgan UK Small Cap Growth &ome (LSE:JUGI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan UK Smaller Companies Investment Trust PLC is an investment trust company. Its investment objective is to achieve capital growth from UK listed smaller companies by out-performance of the company's benchmark index, the FTSE Small Cap Index and a rising share price over the longer term by taking carefully controlled risks. In order to achieve its objective, the company invests in a diversified portfolio of small companies, emphasizing capital rather than income growth. The company manages its risk relative to its benchmark index by limiting the active portfolio exposure to stocks and sectors. It mainly invests in smaller companies which tend to be more volatile than larger companies.