Sprott Physical Gold Trust (PHYS) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.002x

Based on the latest financial reports, Sprott Physical Gold Trust (PHYS) has a cash flow conversion efficiency ratio of -0.002x as of September 2025. 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$-25.97 Million ≈ $-18.78 Million USD) by net assets (CA$14.11 Billion ≈ $10.21 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check Sprott Physical Gold Trust (PHYS) strategic investment index to assess the company's strategic physical and investment asset allocation.

Sprott Physical Gold Trust - Cash Flow Conversion Efficiency Trend (2010–2024)

This chart illustrates how Sprott Physical Gold Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Sprott Physical Gold Trust shareholders equity for net asset value and shareholders' equity analysis.

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
Tractor Supply Company NASDAQ:TSCO	0.126x
Shengyi Electronics Co. Ltd. A SHG:688183	N/A
Genmab AS NASDAQ:GMAB	0.051x
Samvardhana Motherson International Limited NSE:MOTHERSON	0.026x
Brambles Ltd AU:BXB	0.287x
Alamos Gold Inc TO:AGI	0.064x
SDIC Power Holdings Co Ltd SHG:600886	0.087x
Banco de Sabadell S.A MC:SAB	0.018x

Annual Cash Flow Conversion Efficiency for Sprott Physical Gold Trust (2010–2024)

The table below shows the annual cash flow conversion efficiency of Sprott Physical Gold Trust from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see Sprott Physical Gold Trust (PHYS) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

TO:PHYS Canada Asset Management

Market Cap

$16.19 Billion

CA$22.38 Billion CAD

Market Cap Rank

#1538 Global

#55 in Canada

Share Price

CA$46.59

Change (1 day)

-1.19%

52-Week Range

CA$34.27 - CA$55.69

All Time High

CA$55.69