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JPMorgan Global Emerging Markets IT (LSE:JEMI) Scaled Net Operating Assets : 0.88 (As of Jan. 2024)


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What is JPMorgan Global Emerging Markets IT 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 Global Emerging Markets IT's operating assets for the quarter that ended in Jan. 2024 was £447.48 Mil. JPMorgan Global Emerging Markets IT's operating liabilities for the quarter that ended in Jan. 2024 was £32.31 Mil. JPMorgan Global Emerging Markets IT's Total Assets for the quarter that ended in Jul. 2023 was £469.53 Mil. Therefore, JPMorgan Global Emerging Markets IT's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.88.


JPMorgan Global Emerging Markets IT 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 Global Emerging Markets IT'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 )
=(466.054-0.595)/453.263
=1.03

where

Operating Assets(A: Jul. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=469.529 - 3.475
=466.054

Operating Liabilities(A: Jul. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31.683 - 31.088 - 0
=0.595

JPMorgan Global Emerging Markets IT'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 )
=(447.479-32.312)/469.529
=0.88

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=448.355 - 0.876
=447.479

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32.312 - 0 - 0
=32.312

* 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 Global Emerging Markets IT (LSE:JEMI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Emerging Markets IT PLC is an investment trust based in the United Kingdom. It delegates the management of the Trust's portfolio to JPMorgan Asset Management (UK) Limited. Its investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments. The company invests in listed and unlisted equities, preference shares, debt securities, cash and cash equivalents. Its portfolio comprises companies within various sectors such as financials, information technology, telecommunication services, consumer staples, consumer discretionary, industrials, materials, energy, utilities, and healthcare.