JPMorgan US Smaller IT (LSE:JUSC) Scaled Net Operating Assets: 0.93 (As of Dec. 2025)


LSE:JUSC JPMorgan US Smaller Companies IT PLC LSE:JUSC
38 GF Score
Price £4.58
! 3 Warning Signs
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What is JPMorgan US Smaller IT Scaled Net Operating Assets?

JPMorgan US Smaller IT LSE:JUSC +1.05% 38 Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus rates LSE:JUSC with a GF Score™ of 38/100. 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.

JPMorgan US Smaller IT's operating assets for the quarter that ended in Dec. 2025 was £254.07 Mil. JPMorgan US Smaller IT's operating liabilities for the quarter that ended in Dec. 2025 was £0.36 Mil. JPMorgan US Smaller IT's Total Assets for the quarter that ended in Jun. 2025 was £273.55 Mil. Therefore, JPMorgan US Smaller IT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.93.

LSE:JUSC
38GF Score
JPMorgan US Smaller Companies IT PLC LSE:JUSC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan US Smaller 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 US Smaller IT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(254.073-0.363)/318.05
=0.80

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=256.618 - 2.545
=254.073

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.384 - 26.021 - 0
=0.363

JPMorgan US Smaller IT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(254.073-0.363)/273.552
=0.93

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=256.618 - 2.545
=254.073

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.384 - 26.021 - 0
=0.363

* 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 0.93 mean?
JPMorgan US Smaller IT (LSE:JUSC) has a Scaled Net Operating Assets of 0.93 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on JPMorgan US Smaller IT and its competitors.
Is JPMorgan US Smaller IT's Scaled Net Operating Assets too high?
JPMorgan US Smaller IT's current Scaled Net Operating Assets is 0.93. Overall, JPMorgan US Smaller IT has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan US Smaller IT's Scaled Net Operating Assets compare to BLK and BX?
JPMorgan US Smaller IT's Scaled Net Operating Assets of 0.93 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 JPMorgan US Smaller IT and its competitors. JPMorgan US Smaller IT's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan US Smaller IT stock overvalued right now?
JPMorgan US Smaller IT (LSE:JUSC) has a current Scaled Net Operating Assets of 0.93. The current Scaled Net Operating Assets is 0.93. JPMorgan US Smaller IT's overall GF Score™ is 38/100 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 JPMorgan US Smaller IT (LSE:JUSC), the current Scaled Net Operating Assets is 0.93 as of Dec. 2025. 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.

JPMorgan US Smaller IT Business Description

Address 60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan US Smaller Companies IT PLC is a UK-based investment company. It aims to achieve capital growth by investing in U.S. smaller companies. The company invests in a diversified portfolio and employs a manager with a focus on research and identifying attractive stocks in the U.S. smaller companies' universe. It reviews its performance against the Russell 2000 Index total return with net dividends reinvested, expressed in sterling terms which represent smaller companies' index, and is rebalanced annually to represent the bottom 10% by market capitalization of all quoted companies in the U.S.
38GF Score

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