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

Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Equity-to-Asset

: 1.00 (As of Dec. 2023)
View and export this data going back to 1965. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sprott Physical Gold and Silver Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,230.1 Mil. Sprott Physical Gold and Silver Trust's Total Assets for the quarter that ended in Dec. 2023 was $4,231.9 Mil. Therefore, Sprott Physical Gold and Silver Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

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

CEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 1   Med: 1   Max: 1
Current: 1

During the past 13 years, the highest Equity to Asset Ratio of Sprott Physical Gold and Silver Trust was 1.00. The lowest was 1.00. And the median was 1.00.

CEF's Equity-to-Asset is ranked better than
99.83% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs CEF: 1.00

Sprott Physical Gold and Silver Trust Equity-to-Asset Historical Data

The historical data trend for Sprott Physical Gold and Silver Trust's Equity-to-Asset 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 Physical Gold and Silver Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

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
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

Competitive Comparison

For the Asset Management subindustry, Sprott Physical Gold and Silver Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

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

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



Sprott Physical Gold and Silver Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4230.135/4231.929
=1.00

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4230.135/4231.929
=1.00

* 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.


Sprott Physical Gold and Silver Trust  (ARCA:CEF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Sprott Physical Gold and Silver Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Sprott Physical Gold and Silver Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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

Sprott Physical Gold and Silver Trust (Sprott Physical Gold and Silver Trust) Headlines

From GuruFocus

Sprott Physical Gold and Silver Trust Establishes ATM Program

By Marketwired Marketwired 03-02-2019

CENTRAL TRUST Co Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-27-2023