Sprott Historical Balance Sheet
| PHYS Stock | CAD 33.80 0.52 1.56% |
Trend analysis of Sprott Physical Gold balance sheet accounts such as Common Stock Shares Outstanding of 241.1 M, Liabilities And Stockholders Equity of 7.9 B, Total Current Assets of 21.8 M or Total Current Liabilities of 192.1 K provides information on Sprott Physical's total assets, liabilities, and equity, which is the actual value of Sprott Physical Gold to its prevalent stockholders. By breaking down trends over time using Sprott Physical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Sprott Physical Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sprott Physical Gold is a good buy for the upcoming year.
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About Sprott Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Sprott Physical Gold at a specified time, usually calculated after every quarter, six months, or one year. Sprott Physical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sprott Physical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sprott currently owns. An asset can also be divided into two categories, current and non-current.
Sprott Physical Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Sprott Physical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sprott Physical Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sprott Physical Gold balance sheet. This account contains Sprott Physical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sprott Physical Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most accounts from Sprott Physical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sprott Physical Gold current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Sprott Physical Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Sprott Physical's Total Liabilities is very stable compared to the past year. As of the 28th of March 2025, Non Current Assets Total is likely to grow to about 7.9 B, though Net Debt is likely to grow to (21.8 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Total Stockholder Equity | 5.7B | 6.5B | 8.6B | 9.0B | Total Assets | 5.7B | 6.5B | 8.6B | 9.0B |
Sprott Physical balance sheet Correlations
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Sprott Physical Account Relationship Matchups
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Sprott Physical balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 4.9B | 5.0B | 5.7B | 6.5B | 8.6B | 9.0B | |
| Total Stockholder Equity | 4.9B | 5.0B | 5.7B | 6.5B | 8.6B | 9.0B | |
| Net Debt | (4.4M) | (7.0M) | (294K) | (25.5M) | (22.9M) | (21.8M) | |
| Cash | 4.4M | 7.0M | 294K | 25.5M | 8.9M | 8.4M | |
| Cash And Short Term Investments | 4.4M | 7.0M | 294K | 25.5M | 22.9M | 21.8M | |
| Common Stock Shares Outstanding | 196.5M | 274.5M | 333.6M | 402.4M | 419.7M | 241.1M | |
| Liabilities And Stockholders Equity | 4.9B | 5.0B | 5.7B | 6.5B | 7.5B | 7.9B | |
| Other Stockholder Equity | (110.8M) | (111.7M) | (113.5M) | (114.1M) | (102.7M) | (97.6M) | |
| Total Current Assets | 4.4M | 7.0M | 294K | 25.5M | 22.9M | 21.8M | |
| Total Current Liabilities | 186K | 40K | 144K | 126K | 113.4K | 192.1K | |
| Retained Earnings | 898.6M | 689.5M | 607.0M | 1.3B | 2.9B | 3.1B | |
| Accounts Payable | 186K | 40K | 144K | 126K | 3.0M | 3.2M | |
| Total Liab | 186K | 40K | 144K | 126K | 3.0M | 3.2M | |
| Non Current Assets Total | 4.9B | 5.0B | 5.7B | 6.5B | 7.5B | 7.9B | |
| Non Currrent Assets Other | (4.9B) | (5.0B) | (5.7B) | (6.5B) | (5.9B) | (5.6B) | |
| Common Stock | 4.1B | 4.4B | 5.3B | 5.4B | 6.2B | 3.5B | |
| Other Current Liab | (186K) | (40K) | (144K) | (126K) | (144.9K) | (152.1K) | |
| Long Term Investments | 4.9B | 5.0B | 5.7B | 6.5B | 8.6B | 4.8B | |
| Capital Stock | 4.1B | 4.4B | 5.3B | 5.4B | 5.8B | 4.7B |
Pair Trading with Sprott Physical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott Physical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott Physical will appreciate offsetting losses from the drop in the long position's value.Moving against Sprott Stock
The ability to find closely correlated positions to Sprott Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott Physical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott Physical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Physical Gold to buy it.
The correlation of Sprott Physical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Physical Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sprott Physical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sprott Stock
Balance Sheet is a snapshot of the financial position of Sprott Physical Gold at a specified time, usually calculated after every quarter, six months, or one year. Sprott Physical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sprott Physical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sprott currently owns. An asset can also be divided into two categories, current and non-current.