JPMorgan European Growth &ome (LSE:JEGI) Scaled Net Operating Assets : 0.94 (As of Sep. 2024)

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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. 2024 was £525.22 Mil. JPMorgan European Growth &ome's operating liabilities for the quarter that ended in Sep. 2024 was £3.38 Mil. JPMorgan European Growth &ome's Total Assets for the quarter that ended in Mar. 2024 was £554.52 Mil. Therefore, JPMorgan European Growth &ome's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.94.

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. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(539.45	-	1.225)	/	499.49
=	1.08

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	554.524	-	15.074
=	539.45

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	43.833	-	42.608	-	0
=	1.225

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

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Mar. 2024 )
=	(525.218	-	3.377)	/	554.524
=	0.94

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	538.289	-	13.071
=	525.218

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	44.849	-	41.472	-	0
=	3.377

* 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 European Growth &ome Business Description

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Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

http://www.jpmeuropeangrowthandincome.com

JPMorgan European Growth & Income PLC is a trust that invests in a region of well governed companies which is managed by experienced fund managers with a successful European stock picking track record aiming to outperform in different economic, market and style environments. Its investment objective is that it aims o provide capital growth and a rising share price over the longer term from Continental European investments by taking carefully controlled risks through an investment method that is clearly communicated to shareholders. Currency exposure is predominantly hedged back towards the benchmark.