The Global Smaller Trust (LSE:GSCT) Scaled Net Operating Assets: 0.97 (As of Apr. 2026)


LSE:GSCT The Global Smaller Companies Trust PLC LSE:GSCT
31 GF Score
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What is The Global Smaller Trust Scaled Net Operating Assets?

The Global Smaller Trust LSE:GSCT -0.10% 31 Scaled Net Operating Assets is 0.97 as of Apr. 2026. GuruFocus rates LSE:GSCT with a GF Score™ of 31/100. The stock has 3 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.

The Global Smaller Trust's operating assets for the quarter that ended in Apr. 2026 was £853.4 Mil. The Global Smaller Trust's operating liabilities for the quarter that ended in Apr. 2026 was £1.9 Mil. The Global Smaller Trust's Total Assets for the quarter that ended in Oct. 2025 was £877.9 Mil. Therefore, The Global Smaller Trust's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.97.

LSE:GSCT
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The Global Smaller Companies Trust PLC LSE:GSCT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Global Smaller 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.

The Global Smaller Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2026 )
=(Operating Assets (A: Apr. 2026 )-Operating Liabilities (A: Apr. 2026 ))/Total Assets (A: Apr. 2025 )
=(853.381-1.86)/790.908
=1.08

where

Operating Assets(A: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=872.619 - 19.238
=853.381

Operating Liabilities(A: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.56 - 50.7 - 0
=1.86

The Global Smaller Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(853.381-1.86)/877.903
=0.97

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=872.619 - 19.238
=853.381

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.56 - 50.7 - 0
=1.86

* 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 0.97 mean?
The Global Smaller Trust (LSE:GSCT) has a Scaled Net Operating Assets of 0.97 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on The Global Smaller Trust and its competitors.
Is The Global Smaller Trust's Scaled Net Operating Assets too high?
The Global Smaller Trust's current Scaled Net Operating Assets is 0.97. Overall, The Global Smaller Trust has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does The Global Smaller Trust's Scaled Net Operating Assets compare to BLK and BX?
The Global Smaller Trust's Scaled Net Operating Assets of 0.97 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 The Global Smaller Trust and its competitors. The Global Smaller Trust's current Scaled Net Operating Assets is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Global Smaller Trust stock overvalued right now?
The Global Smaller Trust (LSE:GSCT) has a current Scaled Net Operating Assets of 0.97. The current Scaled Net Operating Assets is 0.97. The Global Smaller Trust's overall GF Score™ is 31/100 with 3 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 The Global Smaller Trust (LSE:GSCT), the current Scaled Net Operating Assets is 0.97 as of Apr. 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.

The Global Smaller Trust Business Description

Address 78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread International smaller companies portfolio. Its investment objective is to invest in smaller companies world-wide to secure a high total return. The portfolio consists of individual smaller company investments within the the USA, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.
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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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