Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Scaled Net Operating Assets : 1.08 (As of Dec. 2023)

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What is Sprott Physical Gold and Silver 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.

Sprott Physical Gold and Silver Trust's operating assets for the quarter that ended in Dec. 2023 was $4,225.0 Mil. Sprott Physical Gold and Silver Trust's operating liabilities for the quarter that ended in Dec. 2023 was $1.8 Mil. Sprott Physical Gold and Silver Trust's Total Assets for the quarter that ended in Sep. 2023 was $3,915.5 Mil. Therefore, Sprott Physical Gold and Silver Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.08.

Sprott Physical Gold and Silver 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.

Sprott Physical Gold and Silver Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(4225.025	-	1.794)	/	3999.515
=	1.06

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4231.929	-	6.904
=	4225.025

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.794	-	0	-	0
=	1.794

Sprott Physical Gold and Silver 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: Sep. 2023 )
=	(4225.025	-	1.794)	/	3915.523
=	1.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4231.929	-	6.904
=	4225.025

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.794	-	0	-	0
=	1.794

* 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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Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CEF.U:Canada

Address

200 Bay Street, Suite 2600, P.O. Box 26, Royal Bank Plaza, South Tower, Calgary, AB, CAN, M5J 2J1

Website

https://www.sprott.com

Sprott Physical Gold and Silver Trust is a closed-end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment.