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Sprott Physical Gold Trust (TSX:PHYS.U) Scaled Net Operating Assets : 1.11 (As of Dec. 2023)


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What is Sprott Physical Gold 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 Gold Trust's operating assets for the quarter that ended in Dec. 2023 was $6,506.4 Mil. Sprott Physical Gold Trust's operating liabilities for the quarter that ended in Dec. 2023 was $0.1 Mil. Sprott Physical Gold Trust's Total Assets for the quarter that ended in Sep. 2023 was $5,865.7 Mil. Therefore, Sprott Physical Gold Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.11.


Sprott Physical Gold 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 Gold 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 )
=(6506.367-0.126)/5746.239
=1.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6531.851 - 25.484
=6506.367

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.126 - 0 - 0
=0.126

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(6506.367-0.126)/5865.673
=1.11

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6531.851 - 25.484
=6506.367

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.126 - 0 - 0
=0.126

* 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 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.