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

Latest as of June 2026: -0.001x

Based on the latest financial reports, Sprott Physical Gold Trust (PHYS) has a cash flow conversion efficiency ratio of -0.001x as of June 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$-9.74 Million ≈ $-7.04 Million USD) by net assets (CA$14.74 Billion ≈ $10.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Sprott Physical Gold Trust market cap and net worth for the company's overall valuation and market capitalisation.

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. View latest Sprott Physical Gold Trust stock price today for real-time trading data and today's change.

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. Review free cash flow generation of Sprott Physical Gold Trust to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Beiersdorf Aktiengesellschaft F:BEI	0.019x
Beijing Kingsoft Office Software In SHG:688111	0.083x
National Bank of Greece S.A AT:ETE	-0.059x
BB Seguridade Participacoes SA SA:BBSE3	0.126x
Plains All American Pipeline LP NASDAQ:PAA	0.033x
CSG N.V. AS:CSG	-0.331x
Samsara Inc NYSE:IOT	0.054x
PTT Exploration and Production Public Company Limited F:NVAL	0.085x

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. Also see how large is Sprott Physical Gold Trust's balance sheet for a full breakdown of the balance sheet.

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

TO:PHYS Canada Asset Management

Market Cap

$15.52 Billion

CA$21.46 Billion CAD

Market Cap Rank

#1576 Global

#55 in Canada

Share Price

CA$45.24

Change (1 day)

+2.03%

52-Week Range

CA$41.24 - CA$55.69

All Time High

CA$55.69