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Sprott Physical Platinum & Palladium Tr (TSX:SPPP) Liabilities-to-Assets : 0.00 (As of Dec. 2023)


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What is Sprott Physical Platinum & Palladium Tr Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sprott Physical Platinum & Palladium Tr's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.28 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 Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.00.


Sprott Physical Platinum & Palladium Tr Liabilities-to-Assets Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr's Liabilities-to-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.

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Sprott Physical Platinum & Palladium Tr Liabilities-to-Assets Chart

Sprott Physical Platinum & Palladium Tr Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
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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
Liabilities-to-Assets Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of Sprott Physical Platinum & Palladium Tr's Liabilities-to-Assets

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Asset Management Industry

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

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



Sprott Physical Platinum & Palladium Tr Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sprott Physical Platinum & Palladium Tr's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.284/156.3
=0.00

Sprott Physical Platinum & Palladium Tr's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.284/156.3
=0.00

* 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 Platinum & Palladium Tr  (TSX:SPPP) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sprott Physical Platinum & Palladium Tr Liabilities-to-Assets Related Terms

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

Traded in Other Exchanges
Address
200 Bay Street, Suite 2600, South Tower, Royal Bank Plaza, Toronto, ON, CAN, M5J 2J1
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.

Sprott Physical Platinum & Palladium Tr (TSX:SPPP) Headlines