Sprott Physical Gold Trust (PHYS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sprott Physical Gold Trust (PHYS) has a cash flow conversion efficiency ratio of -0.002x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-26.32 Million ≈ $-19.04 Million USD) by net assets (CA$17.23 Billion ≈ $12.46 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Sprott Physical Gold Trust balance sheet independence to measure how much of total assets are equity-financed.
Sprott Physical Gold Trust - Cash Flow Conversion Efficiency Trend (2010–2025)
This chart illustrates how Sprott Physical Gold Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PHYS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Sprott Physical Gold Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sprott Physical Gold Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bank of Beijing Co Ltd
SHG:601169
|
-0.375x |
|
HAIER SM.HME UNSP.ADR/4
F:HAI0
|
N/A |
|
Iflytek Co Ltd
SHE:002230
|
0.045x |
|
Medpace Holdings Inc
NASDAQ:MEDP
|
0.254x |
|
Circle Internet Group, Inc.
NYSE:CRCL
|
0.075x |
|
LATAM Airlines Group S.A.
NYSE:LTM
|
0.484x |
|
China International Travel Service Corp Ltd
SHG:601888
|
0.013x |
|
Guosen Securities Co Ltd
SHE:002736
|
0.072x |
Annual Cash Flow Conversion Efficiency for Sprott Physical Gold Trust (2010–2025)
The table below shows the annual cash flow conversion efficiency of Sprott Physical Gold Trust from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see PHYS stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$15.98 Billion ≈ $11.56 Billion |
CA$-48.19 Million ≈ $-34.86 Million |
-0.003x | +4.94% |
| 2024-12-31 | CA$8.61 Billion ≈ $6.23 Billion |
CA$-27.32 Million ≈ $-19.76 Million |
-0.003x | +15.63% |
| 2023-12-31 | CA$6.53 Billion ≈ $4.72 Billion |
CA$-24.57 Million ≈ $-17.77 Million |
-0.004x | +4.72% |
| 2022-12-31 | CA$5.75 Billion ≈ $4.16 Billion |
CA$-22.68 Million ≈ $-16.41 Million |
-0.004x | +1.69% |
| 2021-12-31 | CA$5.01 Billion ≈ $3.62 Billion |
CA$-20.11 Million ≈ $-14.55 Million |
-0.004x | -15.90% |
| 2020-12-31 | CA$4.89 Billion ≈ $3.54 Billion |
CA$-16.95 Million ≈ $-12.26 Million |
-0.003x | +23.90% |
| 2019-12-31 | CA$2.46 Billion ≈ $1.78 Billion |
CA$-11.21 Million ≈ $-8.11 Million |
-0.005x | +2.31% |
| 2018-12-31 | CA$2.02 Billion ≈ $1.46 Billion |
CA$-9.44 Million ≈ $-6.83 Million |
-0.005x | -4.49% |
| 2017-12-31 | CA$2.26 Billion ≈ $1.63 Billion |
CA$-10.08 Million ≈ $-7.29 Million |
-0.004x | +10.72% |
| 2016-12-31 | CA$2.06 Billion ≈ $1.49 Billion |
CA$-10.30 Million ≈ $-7.45 Million |
-0.005x | +9.02% |
| 2015-12-31 | CA$1.24 Billion ≈ $894.40 Million |
CA$-6.79 Million ≈ $-4.91 Million |
-0.005x | -1.85% |
| 2014-12-31 | CA$1.55 Billion ≈ $1.12 Billion |
CA$-8.34 Million ≈ $-6.03 Million |
-0.005x | -31.76% |
| 2012-12-31 | CA$2.73 Billion ≈ $1.98 Billion |
CA$-11.19 Million ≈ $-8.10 Million |
-0.004x | +3.29% |
| 2011-12-31 | CA$1.92 Billion ≈ $1.39 Billion |
CA$-8.13 Million ≈ $-5.88 Million |
-0.004x | -78.46% |
| 2010-12-31 | CA$1.17 Billion ≈ $847.62 Million |
CA$-2.78 Million ≈ $-2.01 Million |
-0.002x | -- |
About Sprott Physical Gold Trust
Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management LP. The fund invests in the commodity markets. It primarily invests in physical gold bullion in London Good Delivery bar form. Sprott Physical Gold Trust was formed on August 28, 2009 and is domiciled in Canada.