JPMorgan American Investment Trust (LSE:JAM) Scaled Net Operating Assets : 1.11 (As of Jun. 2024)

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

What is JPMorgan American Investment 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.

JPMorgan American Investment Trust's operating assets for the quarter that ended in Jun. 2024 was £1,929.8 Mil. JPMorgan American Investment Trust's operating liabilities for the quarter that ended in Jun. 2024 was £99.4 Mil. JPMorgan American Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was £1,643.3 Mil. Therefore, JPMorgan American Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.11.

JPMorgan American Investment 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.

JPMorgan American Investment Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1609.052	-	1.121)	/	1416.931
=	1.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1643.259	-	34.207
=	1609.052

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	79.26	-	78.139	-	0
=	1.121

JPMorgan American Investment Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(1929.751	-	99.402)	/	1643.259
=	1.11

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1945.186	-	15.435
=	1929.751

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	99.402	-	0	-	0
=	99.402

* 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 American Investment Trust Scaled Net Operating Assets Related Terms

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

JPMorgan American Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan American Investment Trust PLC (LSE:JAM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://am.jpmorgan.com/gb/en/asset-management/per

JPMorgan American Investment Trust PLC is a UK-based investment trust company. Its investment objective is to provide shareholders with capital growth from North American investments. The company seeks to achieve determined objectives and to manage risk by investing in the diversified portfolio of quoted companies, including smaller capitalization stocks and pooled funds. The company reviews its performance against its benchmark S&P 500 Index, expressed in sterling total return terms.