Sprott Physical Platinum & Palladium Tr (TSX:SPPP) Equity-to-Asset : 1.00 (As of Dec. 2023)

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What is Sprott Physical Platinum & Palladium Tr Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sprott Physical Platinum & Palladium Tr's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$156.02 Mil. Sprott Physical Platinum & Palladium Tr's Total Assets for the quarter that ended in Dec. 2023 was C$156.30 Mil. Therefore, Sprott Physical Platinum & Palladium Tr'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 Platinum & Palladium Tr's Equity-to-Asset or its related term are showing as below:

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

During the past 11 years, the highest Equity to Asset Ratio of Sprott Physical Platinum & Palladium Tr was 1.00. The lowest was 1.00. And the median was 1.00.

TSX:SPPP's Equity-to-Asset is ranked better than
99.83% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:SPPP: 1.00

Sprott Physical Platinum & Palladium Tr Equity-to-Asset Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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 Platinum & Palladium Tr Equity-to-Asset Chart

Sprott Physical Platinum & Palladium Tr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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1.00

Sprott Physical Platinum & Palladium Tr 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	Get a 7-Day Free Trial															1.00	1.00	1.00	1.00	1.00

Competitive Comparison of Sprott Physical Platinum & Palladium Tr's Equity-to-Asset

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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 Platinum & Palladium Tr's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sprott Physical Platinum & Palladium Tr's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Equity-to-Asset falls into.

Sprott Physical Platinum & Palladium Tr 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 Platinum & Palladium Tr'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
	=	156.016	/	156.3
	=	1.00

Sprott Physical Platinum & Palladium Tr'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
	=	156.016	/	156.3
	=	1.00

Sprott Physical Platinum & Palladium Tr (TSX:SPPP) 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 Platinum & Palladium Tr Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Sprott Physical Platinum & Palladium Tr's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Platinum & Palladium Tr (TSX:SPPP) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SPPP:USA SPPP.U:Canada

Address

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

Website

https://www.sprott.com

Sprott Physical Platinum & Palladium Tr invests and holds all of its assets in physical platinum and palladium bullion. It seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical bullion. The Trust invests mainly in long-term holdings of unencumbered, fully allocated, physical platinum and palladium bullion.