Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Sprott Physical Gold and Silver Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Sprott Physical Gold and Silver Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Sprott Physical Gold and Silver Trust's Cash-to-Debt or its related term are showing as below:

CEF' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Sprott Physical Gold and Silver Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CEF's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.3 vs CEF: No Debt

Sprott Physical Gold and Silver Trust Cash-to-Debt Historical Data

The historical data trend for Sprott Physical Gold and Silver Trust's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Sprott Physical Gold and Silver Trust Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Sprott Physical Gold and Silver Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Sprott Physical Gold and Silver Trust's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sprott Physical Gold and Silver Trust Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Sprott Physical Gold and Silver Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sprott Physical Gold and Silver Trust's Cash-to-Debt falls into.

Sprott Physical Gold and Silver Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Sprott Physical Gold and Silver Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Sprott Physical Gold and Silver Trust had no debt ⁽¹⁾.

Sprott Physical Gold and Silver Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Sprott Physical Gold and Silver Trust had no debt ⁽¹⁾.

Sprott Physical Gold and Silver Trust (ARCA:CEF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Sprott Physical Gold and Silver Trust Cash-to-Debt Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Gold and Silver Trust (ARCA:CEF) » Definitions » Cash-to-Debt

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.