JPMorgan Emerging Markets Inv Trust (LSE:JMG) Scaled Net Operating Assets : 1.00 (As of Dec. 2023)

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What is JPMorgan Emerging Markets Inv 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 Emerging Markets Inv Trust's operating assets for the quarter that ended in Dec. 2023 was £1,349.88 Mil. JPMorgan Emerging Markets Inv Trust's operating liabilities for the quarter that ended in Dec. 2023 was £14.02 Mil. JPMorgan Emerging Markets Inv Trust's Total Assets for the quarter that ended in Jun. 2023 was £1,340.95 Mil. Therefore, JPMorgan Emerging Markets Inv Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.00.

JPMorgan Emerging Markets Inv 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 Emerging Markets Inv Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(1316.083	-	11.127)	/	1375.179
=	0.95

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1340.949	-	24.866
=	1316.083

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11.127	-	0	-	0
=	11.127

JPMorgan Emerging Markets Inv Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(1349.876	-	14.015)	/	1340.949
=	1.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1356.465	-	6.589
=	1349.876

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14.015	-	0	-	0
=	14.015

* 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 Emerging Markets Inv Trust (LSE:JMG) Business Description

Industry

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JMGl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmemergingmarkets.co.uk

JPMorgan Emerging Markets Inv Trust PLC is an investment trust company. Its objective is to maximize total return from emerging markets around the world through a diversified portfolio of underlying investments. The company invests in quoted securities in emerging stock markets and may invest in unquoted securities. The Fund invests in various sectors such as Financials, Information Technology, Consumer Staples, Consumer Discretionary, Materials, Health Care, Telecommunication Services, and Utilities. Geographically, the trust business can be seen across the region of South Asia, East Asia, Europe, Middle East, Africa and Latin America.