PSLV (Sprott Physical Silver Trust) Scaled Net Operating Assets : 1.11 (As of Sep. 2024)

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What is Sprott Physical Silver Trust Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sprott Physical Silver Trust's operating assets for the quarter that ended in Sep. 2024 was $5,559 Mil. Sprott Physical Silver Trust's operating liabilities for the quarter that ended in Sep. 2024 was $19 Mil. Sprott Physical Silver Trust's Total Assets for the quarter that ended in Jun. 2024 was $4,994 Mil. Therefore, Sprott Physical Silver Trust's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 1.11.

Sprott Physical Silver Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Sprott Physical Silver Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(4065.861	-	2.156)	/	4100.987
=	0.99

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4071.726	-	5.865
=	4065.861

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.156	-	0	-	0
=	2.156

Sprott Physical Silver Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(5559.155	-	19.413)	/	4993.791
=	1.11

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5585.789	-	26.634
=	5559.155

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19.413	-	0	-	0
=	19.413

* 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 Silver Trust Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PSLV.U:Canada PSLV:Canada

Address

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

Website

https://sprott.com

Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices.