VPC Specialty Lending Investments (LSE:VSL) Scaled Net Operating Assets: 0.68 (As of Dec. 2025)


LSE:VSL VPC Specialty Lending Investments PLC LSE:VSL
40 GF Score
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What is VPC Specialty Lending Investments Scaled Net Operating Assets?

VPC Specialty Lending Investments LSE:VSL +1.38% 40 Scaled Net Operating Assets is 0.68 as of Dec. 2025. GuruFocus rates LSE:VSL with a GF Score™ of 40/100. The stock has 2 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.

VPC Specialty Lending Investments's operating assets for the quarter that ended in Dec. 2025 was £55.73 Mil. VPC Specialty Lending Investments's operating liabilities for the quarter that ended in Dec. 2025 was £0.91 Mil. VPC Specialty Lending Investments's Total Assets for the quarter that ended in Jun. 2025 was £80.97 Mil. Therefore, VPC Specialty Lending Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.68.

LSE:VSL
40GF Score
VPC Specialty Lending Investments PLC LSE:VSL
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VPC Specialty Lending Investments 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.

VPC Specialty Lending Investments'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 )
=(55.727-0.906)/169.972
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=63.066 - 7.339
=55.727

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.906 - 0 - 0
=0.906

VPC Specialty Lending Investments'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 )
=(55.727-0.906)/80.969
=0.68

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=63.066 - 7.339
=55.727

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.906 - 0 - 0
=0.906

* 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 0.68 mean?
VPC Specialty Lending Investments (LSE:VSL) has a Scaled Net Operating Assets of 0.68 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 VPC Specialty Lending Investments and its competitors.
Is VPC Specialty Lending Investments' Scaled Net Operating Assets too high?
VPC Specialty Lending Investments' current Scaled Net Operating Assets is 0.68. Overall, VPC Specialty Lending Investments has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does VPC Specialty Lending Investments' Scaled Net Operating Assets compare to BLK and BX?
VPC Specialty Lending Investments' Scaled Net Operating Assets of 0.68 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 VPC Specialty Lending Investments and its competitors. VPC Specialty Lending Investments's current Scaled Net Operating Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPC Specialty Lending Investments stock overvalued right now?
VPC Specialty Lending Investments (LSE:VSL) has a current Scaled Net Operating Assets of 0.68. The current Scaled Net Operating Assets is 0.68. VPC Specialty Lending Investments' overall GF Score™ is 40/100 with 2 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 VPC Specialty Lending Investments (LSE:VSL), the current Scaled Net Operating Assets is 0.68 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.

VPC Specialty Lending Investments Business Description

Address 29 Wellington Street, Central Square, Leeds, GBR, LS1 4DU
VPC Specialty Lending Investments PLC is an investment trust based in the United Kingdom that invests in asset-backed lending to emerging and established businesses to build long-term, sustainable income generation. It focuses on providing capital to vital segments of the economy that are underserved by the traditional banking industry, including small businesses, working capital products, consumer finance, and real estate, among others. It is managed by Victory Park Capital Advisors, LLC. The company invests across several portfolio companies, asset classes, geographies, and credit bands to create a diversified portfolio.
40GF Score

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