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Sprott Physical Platinum & Palladium Tr (TSX:SPPP.U) Net Margin %

: 113.13% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Sprott Physical Platinum & Palladium Tr's Net Income for the three months ended in Dec. 2023 was $-1.78 Mil. Sprott Physical Platinum & Palladium Tr's Revenue for the three months ended in Dec. 2023 was $-1.57 Mil. Therefore, Sprott Physical Platinum & Palladium Tr's net margin for the quarter that ended in Dec. 2023 was 113.13%.

The historical rank and industry rank for Sprott Physical Platinum & Palladium Tr's Net Margin % or its related term are showing as below:

TSX:SPPP.U' s Net Margin % Range Over the Past 10 Years
Min: -91.05   Med: 97.91   Max: 112.45
Current: 101.9


TSX:SPPP.U's Net Margin % is ranked better than
82.78% of 1672 companies
in the Asset Management industry
Industry Median: 86.05 vs TSX:SPPP.U: 101.90

Sprott Physical Platinum & Palladium Tr Net Margin % Historical Data

The historical data trend for Sprott Physical Platinum & Palladium Tr'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 Platinum & Palladium Tr Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.27 96.37 102.56 112.46 101.91

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
Net Margin % 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 102.41 100.84 100.99 78.13 113.13

Competitive Comparison

For the Asset Management subindustry, Sprott Physical Platinum & Palladium Tr'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 Platinum & Palladium Tr Net Margin % Distribution

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

* The bar in red indicates where Sprott Physical Platinum & Palladium Tr's Net Margin % falls into.



Sprott Physical Platinum & Palladium Tr 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 Platinum & Palladium Tr'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 )
=-36.049/-35.375
=101.91 %

Sprott Physical Platinum & Palladium Tr'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 )
=-1.775/-1.569
=113.13 %

* 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.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 Platinum & Palladium Tr Net Margin % Related Terms

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

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