Purpose Silver Bullion Fund
Purpose Silver Bullion Fund is an exchange traded fund launched and managed by Purpose Investments Inc. The fund invests in the commodity markets. It invests in the unencumbered silver bullion in 1,000 ounce international bar sizes. The fund invests in currency forwards that seek to hedge U.S. dollar currency exposure back to the Canadian dollar. It seeks to track the price of silver bullion. The… Read more
Purpose Silver Bullion Fund (SVRZF) - Net Assets
Latest net assets as of June 2018: $36.97 Million USD
Based on the latest financial reports, Purpose Silver Bullion Fund (SVRZF) has net assets worth $36.97 Million USD as of June 2018.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.10 Million) and total liabilities ($135.75K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $36.97 Million |
| % of Total Assets | 99.63% |
| Annual Growth Rate | 3.19% |
| 5-Year Change | -32.91% |
| 10-Year Change | N/A |
| Growth Volatility | 71.83 |
Purpose Silver Bullion Fund - Net Assets Trend (2009–2017)
This chart illustrates how Purpose Silver Bullion Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Purpose Silver Bullion Fund (2009–2017)
The table below shows the annual net assets of Purpose Silver Bullion Fund from 2009 to 2017.
| Year | Net Assets | Change |
|---|---|---|
| 2017-12-31 | $41.88 Million | +0.71% |
| 2016-12-31 | $41.58 Million | -2.21% |
| 2015-12-31 | $42.52 Million | -16.40% |
| 2014-12-31 | $50.86 Million | -18.52% |
| 2013-12-31 | $62.42 Million | -34.92% |
| 2012-12-31 | $95.92 Million | +6.35% |
| 2011-12-31 | $90.19 Million | -8.81% |
| 2010-12-31 | $98.90 Million | +203.54% |
| 2009-12-31 | $32.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Purpose Silver Bullion Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2017)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.88 Million | 100.00% |
| Total Equity | $41.88 Million | 100.00% |
Purpose Silver Bullion Fund Competitors by Market Cap
The table below lists competitors of Purpose Silver Bullion Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lån & Spar Invest Danske Aktier Basis
CO:LSIDAB
|
$178.66K |
|
Carnegie Wealth Management Nordiske Akt
CO:CMINOA
|
$178.82K |
|
WILLIAMS IND.SVCS DL-01
F:GPQ2
|
$178.83K |
|
Southern Realty Co
PINK:SRLY
|
$178.85K |
|
Energy Transfer Partners L.P
NYSE:ETP
|
$178.57K |
|
Bison Gold Resources Inc
V:BGE
|
$178.53K |
|
ANNALY CAP.MGMT DL -01
F:AAYA
|
$178.50K |
|
Digital Development Partners Inc
PINK:BBBT
|
$178.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Purpose Silver Bullion Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2016 to 2017, total equity changed from 41,581,337 to 41,878,039, a change of 296,703 (0.7%).
Equity Change Factors (2016 to 2017)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Changes | $296.70K | +0.71% |
| Total Change | $- | 0.71% |
Book Value vs Market Value Analysis
This analysis compares Purpose Silver Bullion Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Purpose Silver Bullion Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (0.00%) is below the historical average (7.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 41.29% | 0.00% | 0.00x | 1.00x | $30.94 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.00x | $-9.02 Million |
| 2012 | 5.36% | 0.00% | 0.00x | 1.00x | $-4.45 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 1.00x | $-6.24 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 1.00x | $-5.09 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 1.01x | $-4.25 Million |
| 2016 | 15.14% | 9296.70% | 0.00x | 1.00x | $2.14 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 1.00x | $-4.19 Million |
Industry Comparison
This section compares Purpose Silver Bullion Fund's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Purpose Silver Bullion Fund (SVRZF) | $36.97 Million | 41.29% | 0.00x | $178.59K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |