Sprott Physical Gold Trust (PHYS) — Financial Flexibility Index

Latest as of March 2026: -4.20x

Sprott Physical Gold Trust (PHYS) has a Financial Flexibility Index of -4.20x as of March 2026. Free cash flow of CA$-26.32 Million (operating CF CA$-26.32 Million minus capex CA$0.00) represents -4% of total liabilities (CA$6.27 Million). Check Sprott Physical Gold Trust cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-4.20x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-26.32 Million
Operating CF − Capex

Total Liabilities

CA$6.27 Million
CAD

Capital Expenditures

CA$0.00
CAD

Sprott Physical Gold Trust Financial Flexibility Index (2010–2025)

Historical Financial Flexibility Index trend for Sprott Physical Gold Trust across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Sprott Physical Gold Trust.

Annual Financial Flexibility Index for Sprott Physical Gold Trust (2010–2025)

Year-by-year free cash flow to debt coverage for Sprott Physical Gold Trust. Explore PHYS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 -14.58x CA$-48.19 Million CA$-48.19 Million CA$3.30 Million ▼ -61.9%
2024 -9.01x CA$-27.32 Million CA$-27.32 Million CA$3.03 Million ▲ +95.4%
2023 -194.98x CA$-24.57 Million CA$-24.57 Million CA$126.00K ▼ -23.8%
2022 -157.53x CA$-22.68 Million CA$-22.68 Million CA$144.00K ▲ +68.7%
2021 -502.75x CA$-20.11 Million CA$-20.11 Million CA$40.00K ▼ -451.6%
2020 -91.15x CA$-16.95 Million CA$-16.95 Million CA$186.00K ▼ -245.3%
2019 -26.40x CA$-11.21 Million CA$-11.21 Million CA$424.72K ▼ -63.7%
2018 -16.12x CA$-9.44 Million CA$-9.44 Million CA$585.19K ▲ +51.5%
2017 -33.25x CA$-10.08 Million CA$-10.08 Million CA$303.11K ▲ +67.7%
2016 -102.87x CA$-10.30 Million CA$-10.30 Million CA$100.14K ▼ -426.4%
2015 -19.54x CA$-6.79 Million CA$-6.79 Million CA$347.45K ▲ +38.1%
2014 -31.55x CA$-8.34 Million CA$-8.34 Million CA$264.42K ▼ -100.3%
2012 9977.20x CA$674.15 Million CA$-11.19 Million CA$67.57K ▲ +413.5%
2011 1942.93x CA$601.74 Million CA$-8.13 Million CA$309.71K ▼ -55.8%
2010 4396.11x CA$980.49 Million CA$-2.78 Million CA$223.04K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities