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Sprott Physical Gold Trust (TSX:PHYS.U) Net Margin % : 99.86% (As of Dec. 2023)


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What is Sprott Physical Gold Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Sprott Physical Gold Trust's Net Income for the three months ended in Dec. 2023 was $673.0 Mil. Sprott Physical Gold Trust's Revenue for the three months ended in Dec. 2023 was $674.0 Mil. Therefore, Sprott Physical Gold Trust's net margin for the quarter that ended in Dec. 2023 was 99.86%.

The historical rank and industry rank for Sprott Physical Gold Trust's Net Margin % or its related term are showing as below:

TSX:PHYS.U' s Net Margin % Range Over the Past 10 Years
Min: 98.29   Med: 100.4   Max: 109.09
Current: 99.49


TSX:PHYS.U's Net Margin % is ranked better than
79.3% of 1667 companies
in the Asset Management industry
Industry Median: 86.04 vs TSX:PHYS.U: 99.49

Sprott Physical Gold Trust Net Margin % Historical Data

The historical data trend for Sprott Physical Gold Trust's Net Margin % 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 Trust Net Margin % Chart

Sprott Physical Gold Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.10 99.61 101.63 104.48 99.49

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
Net Margin % 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 99.79 99.79 100.56 100.41 99.86

Competitive Comparison of Sprott Physical Gold Trust's Net Margin %

For the Asset Management subindustry, Sprott Physical Gold Trust's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Sprott Physical Gold Trust's Net Margin % falls into.



Sprott Physical Gold Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Sprott Physical Gold Trust's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=723.525/727.245
=99.49 %

Sprott Physical Gold Trust's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=673.035/673.967
=99.86 %

* 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 Trust  (TSX:PHYS.U) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Sprott Physical Gold Trust Net Margin % Related Terms

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Sprott Physical Gold Trust (TSX:PHYS.U) Business Description

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

Sprott Physical Gold Trust (TSX:PHYS.U) Headlines

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