Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sprott Physical Gold and Silver Trust's retained earnings for the quarter that ended in Mar. 2026 was $6,650 Mil.
Sprott Physical Gold and Silver Trust's quarterly retained earnings
increased
from Sep. 2025 ($4,505 Mil) to Dec. 2025 ($6,289 Mil) and
increased
from Dec. 2025 ($6,289 Mil) to Mar. 2026 ($6,650 Mil).
Sprott Physical Gold and Silver Trust's annual retained earnings
increased
from Dec. 2023 ($1,182 Mil) to Dec. 2024 ($2,113 Mil) and
increased
from Dec. 2024 ($2,113 Mil) to Dec. 2025 ($6,289 Mil).
Sprott Physical Gold and Silver Trust (ARCA:CEF) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Sprott Physical Gold and Silver Trust Retained Earnings Historical Data
* 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 and Silver Trust Retained Earnings Chart
Sprott Physical Gold and Silver Trust Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Sprott Physical Gold and Silver Trust (CEF) has a Retained Earnings of $6,650 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sprott Physical Gold and Silver Trust and its competitors.
Is Sprott Physical Gold and Silver Trust's Retained Earnings too high?
Sprott Physical Gold and Silver Trust's current Retained Earnings is $6,650 Mil. Overall, Sprott Physical Gold and Silver Trust has a GF Score™ of 43/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sprott Physical Gold and Silver Trust's Retained Earnings compare to BLK and BX?
Sprott Physical Gold and Silver Trust's Retained Earnings of $6,650 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sprott Physical Gold and Silver Trust and its competitors. Sprott Physical Gold and Silver Trust's current Retained Earnings is $6,650 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprott Physical Gold and Silver Trust stock overvalued right now?
Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust (CEF) is currently considered Significantly Undervalued. The stock's GF Value™ is $123.27, compared to a current price of $41.33 — trading 66.5% below its estimated fair value. The current Retained Earnings is $6,650 Mil. Sprott Physical Gold and Silver Trust's overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Sprott Physical Gold and Silver Trust (CEF), the current Retained Earnings is $6,650 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sprott Physical Gold and Silver Trust (CEF) Overvalued in 2026?
Based on GuruFocus' analysis, Sprott Physical Gold and Silver Trust stock appears to be undervalued.
The current stock price of $41.33 is trading 66.5% below its estimated GF Value™ of $123.27.
GuruFocus considers Sprott Physical Gold and Silver Trust to be Significantly Undervalued.
Key valuation signals for CEF:
Retained Earnings: $6,650 Mil
GF Value™: $123.27 vs. price of $41.33 (66.5% below fair value)
No single metric tells the full story. See the CEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sprott Physical Gold and Silver Trust Business Description
Sprott Physical Gold and Silver Trust is a closed end mutual fund trust. The trust invests and holds all of its assets in physical gold and silver bullion and seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical bullion without the inconvenience that is typical of direct investment. Its objective is to invest in long-term holdings of unencumbered, fully allocated, physical gold and silver bullion and does not speculate with regard to short-term changes in bullion prices.
43GF Score
Get the complete analysis for CEF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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