Sprott Physical Gold Trust (Sprott Physical Gold Trust) Gross-Profit-to-Asset % : 43.49% (As of Dec. 2023)

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What is Sprott Physical Gold Trust Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Sprott Physical Gold Trust's annualized Gross Profit for the quarter that ended in Dec. 2023 was $2,695.9 Mil. Sprott Physical Gold Trust's average Total Assets over the quarter that ended in Dec. 2023 was $6,198.8 Mil. Therefore, Sprott Physical Gold Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 43.49%.

Sprott Physical Gold Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Sprott Physical Gold Trust's Gross-Profit-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.

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Sprott Physical Gold Trust Gross-Profit-to-Asset % Chart

Sprott Physical Gold Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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16.20

20.39

-3.94

-1.47

11.85

Sprott Physical Gold Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															37.17	30.05	-10.81	-15.27	43.49

Competitive Comparison of Sprott Physical Gold Trust's Gross-Profit-to-Asset %

For the Asset Management subindustry, Sprott Physical Gold Trust's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Trust's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

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

* The bar in red indicates where Sprott Physical Gold Trust's Gross-Profit-to-Asset % falls into.

Sprott Physical Gold Trust Gross-Profit-to-Asset % Calculation

Sprott Physical Gold Trust's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	727.245	/	( (5746.239	+	6531.851)	/ 2 )
	=	727.245	/	6139.045
	=	11.85 %

Sprott Physical Gold Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2695.868	/	( (5865.673	+	6531.851)	/ 2 )
	=	2695.868	/	6198.762
	=	43.49 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Sprott Physical Gold Trust Gross-Profit-to-Asset % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sprott Physical Gold Trust (ARCA:PHYS) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

PHYS.U:Canada PHYS:Canada

Address

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

Website

https://www.sprottphysicalgoldtrust.com

Sprott Physical Gold Trust is a closed-end mutual fund trust. It provides a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. It invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.