Sprott Physical Gold Trust (PHYS) — Defensive Interval Ratio

Latest as of September 2025: 1799 days

Sprott Physical Gold Trust (PHYS) has a Defensive Interval Ratio of 1799 days as of September 2025. Defensive assets of CA$16.85 Million (cash CA$-, short-term investments CA$-, receivables CA$16.85 Million) cover 1799 days of daily cash needs of CA$9.36K/day. See working capital to net assets of Sprott Physical Gold Trust to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1799 days
Days of operational coverage

Defensive Assets

CA$16.85 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$9.36K
Current Liabilities ÷ 365

Current Liabilities

CA$3.42 Million
CAD

Sprott Physical Gold Trust Defensive Interval Ratio (2014–2017)

This chart shows how Sprott Physical Gold Trust's Defensive Interval Ratio has evolved across 4 annual periods from 2014 to 2017. As of September 2025, the ratio stands at 1799 days, meaning defensive assets of CA$16.85 Million can fund 1799 days of operations without new revenue. See Sprott Physical Gold Trust balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Sprott Physical Gold Trust (2014–2017)

The table below presents the year-by-year Defensive Interval Ratio for Sprott Physical Gold Trust from 2014 to 2017, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Sprott Physical Gold Trust (PHYS) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2017 5 days CA$4.13K CA$830.44/day CA$- CA$- ▼ -7502044 days
2016 7502049 days CA$2.06 Billion CA$274.35/day CA$- CA$2.06 Billion ▲ +6203832 days
2015 1298217 days CA$1.24 Billion CA$951.93/day CA$- CA$1.24 Billion ▼ -828886 days
2014 2127103 days CA$1.54 Billion CA$724.43/day CA$- CA$1.54 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)