Sprott (Sprott) Total Assets : $389.8 Mil (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Sprott Total Assets?

Sprott's Total Assets for the quarter that ended in Mar. 2024 was $389.8 Mil.

During the past 12 months, Sprott's average Total Assets Growth Rate was 6.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year. During the past 5 years, the average Total Assets Growth Rate was 6.70% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, Sprott's highest 3-Year average Total Assets Growth Rate was 102.30%. The lowest was -21.00%. And the median was 10.25%.

Total Assets is connected with ROA %. Sprott's annualized ROA % for the quarter that ended in Mar. 2024 was 12.03%. Total Assets is also linked to Revenue through Asset Turnover. Sprott's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Sprott Total Assets Historical Data

The historical data trend for Sprott's Total Assets can be seen below:

* 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.

* Premium members only.

Sprott Total Assets Chart

Sprott Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

324.94

377.35

365.87

383.75

378.84

Sprott Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															386.77	381.52	375.95	378.84	389.78

Sprott Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sprott's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	305.705	+	73.13
	=	378.8

Sprott's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	307.419	+	82.365
	=	389.8

Sprott (NYSE:SII) Total Assets Explanation

Total Assets is connected with ROA %.

Sprott's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	46.228	/	( (378.835	+	389.784)	/ 2 )
	=	46.228	/	384.3095
	=	12.03 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sprott's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	39.734	/	( (378.835	+	389.784)	/ 2 )
=	39.734	/	384.3095
=	0.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sprott Total Assets Related Terms

Thank you for viewing the detailed overview of Sprott's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sprott (Sprott) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Inc (NYSE:SII) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SII:Canada

Address

200 Bay Street, South Tower, Suite 2600, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1

Website

https://www.sprott.com

Sprott Inc is an alternative asset manager operating in Canada. The company has five reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Private strategies; Brokerage segment includes activities of Canadian and U.S. broker-dealers; Corporate; and Others.