Sprott Inc. (SII) - Net Assets
Based on the latest financial reports, Sprott Inc. (SII) has net assets worth CA$503.40 Million CAD (≈ $364.15 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$720.71 Million ≈ $521.35 Million USD) and total liabilities (CA$217.31 Million ≈ $157.20 Million USD). 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. Check SII goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$503.40 Million |
| % of Total Assets | 69.85% |
| Annual Growth Rate | 7.39% |
| 5-Year Change | 72.86% |
| 10-Year Change | 87.79% |
| Growth Volatility | 48.82 |
Sprott Inc. - Net Assets Trend (2007–2025)
This chart illustrates how Sprott Inc.'s net assets have evolved over time, based on quarterly financial data. See how many days can Sprott Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sprott Inc. (2007–2025)
The table below shows the annual net assets of Sprott Inc. from 2007 to 2025. For live valuation and market cap data, see Sprott Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$503.40 Million ≈ $364.15 Million |
+55.54% |
| 2024-12-31 | CA$323.65 Million ≈ $234.12 Million |
+5.87% |
| 2023-12-31 | CA$305.70 Million ≈ $221.14 Million |
+10.25% |
| 2022-12-31 | CA$277.27 Million ≈ $200.57 Million |
-4.79% |
| 2021-12-31 | CA$291.22 Million ≈ $210.66 Million |
+0.08% |
| 2020-12-31 | CA$290.98 Million ≈ $210.49 Million |
+7.16% |
| 2019-12-31 | CA$271.55 Million ≈ $196.44 Million |
-0.72% |
| 2018-12-31 | CA$273.51 Million ≈ $197.85 Million |
+0.02% |
| 2017-12-31 | CA$273.45 Million ≈ $197.81 Million |
+2.01% |
| 2016-12-31 | CA$268.07 Million ≈ $193.92 Million |
+3.84% |
| 2015-12-31 | CA$258.16 Million ≈ $186.75 Million |
-28.41% |
| 2014-12-31 | CA$360.61 Million ≈ $260.86 Million |
-8.65% |
| 2013-12-31 | CA$394.73 Million ≈ $285.54 Million |
+23.60% |
| 2012-12-31 | CA$319.36 Million ≈ $231.02 Million |
+8.17% |
| 2011-12-31 | CA$295.24 Million ≈ $213.57 Million |
+38.23% |
| 2010-12-31 | CA$213.59 Million ≈ $154.51 Million |
+193.73% |
| 2009-12-31 | CA$72.72 Million ≈ $52.60 Million |
+11.29% |
| 2008-12-31 | CA$65.34 Million ≈ $47.26 Million |
-53.14% |
| 2007-12-31 | CA$139.44 Million ≈ $100.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sprott Inc.'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 136.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$614.88 Million | 122.15% |
| Other Comprehensive Income | CA$-113.69 Million | -22.58% |
| Other Components | CA$48.05 Million | 9.55% |
| Total Equity | CA$503.40 Million | 100.00% |
Sprott Inc. Competitors by Market Cap
The table below lists competitors of Sprott Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOTVS S.A
SA:TOTS3
|
$3.35 Billion |
|
Wockhardt Limited
NSE:WOCKPHARMA
|
$3.35 Billion |
|
HSD Engine Co Ltd
KO:082740
|
$3.35 Billion |
|
MERCARI INC. UNSP.ADR/1/2
F:6TP0
|
$3.35 Billion |
|
Viking Therapeutics Inc
NASDAQ:VKTX
|
$3.35 Billion |
|
Sigurd Microelectronics Corp
TW:6257
|
$3.35 Billion |
|
Allied Gold Corporation
TO:AAUC
|
$3.35 Billion |
|
Centrus Energy Corp.
NYSE MKT:LEU
|
$3.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sprott Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 323,648,000 to 503,401,083, a change of 179,753,083 (55.5%).
- Net income of 94,100,398 contributed positively to equity growth.
- Dividend payments of 46,034,625 reduced retained earnings.
- Share repurchases of 2,130,228 reduced equity.
- Other comprehensive income decreased equity by 18,196,263.
- Other factors increased equity by 152,013,801.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$94.10 Million | +18.69% |
| Dividends Paid | CA$46.03 Million | -9.14% |
| Share Repurchases | CA$2.13 Million | -0.42% |
| Other Comprehensive Income | CA$-18.20 Million | -3.61% |
| Other Changes | CA$152.01 Million | +30.2% |
| Total Change | CA$- | 55.54% |
Book Value vs Market Value Analysis
This analysis compares Sprott Inc.'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.
Valuation Insights
- Current price-to-book ratio: 9.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.02x to 9.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CA$10.55 | CA$179.66 | x |
| 2008-12-31 | CA$4.51 | CA$179.66 | x |
| 2009-12-31 | CA$4.85 | CA$179.66 | x |
| 2010-12-31 | CA$14.24 | CA$179.66 | x |
| 2011-12-31 | CA$17.56 | CA$179.66 | x |
| 2012-12-31 | CA$18.70 | CA$179.66 | x |
| 2013-12-31 | CA$19.15 | CA$179.66 | x |
| 2014-12-31 | CA$14.49 | CA$179.66 | x |
| 2015-12-31 | CA$10.53 | CA$179.66 | x |
| 2016-12-31 | CA$10.83 | CA$179.66 | x |
| 2017-12-31 | CA$11.11 | CA$179.66 | x |
| 2018-12-31 | CA$10.73 | CA$179.66 | x |
| 2019-12-31 | CA$11.12 | CA$179.66 | x |
| 2020-12-31 | CA$11.29 | CA$179.66 | x |
| 2021-12-31 | CA$11.24 | CA$179.66 | x |
| 2022-12-31 | CA$10.59 | CA$179.66 | x |
| 2023-12-31 | CA$11.73 | CA$179.66 | x |
| 2024-12-31 | CA$12.51 | CA$179.66 | x |
| 2025-12-31 | CA$19.50 | CA$179.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sprott Inc. 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): 18.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.22%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.43x
- Recent ROE (18.69%) is above the historical average (15.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 30.62% | 18.58% | 0.81x | 2.03x | CA$28.75 Million |
| 2008 | 65.57% | 31.45% | 1.34x | 1.55x | CA$36.31 Million |
| 2009 | 41.80% | 29.60% | 1.10x | 1.28x | CA$23.13 Million |
| 2010 | 61.43% | 40.63% | 0.94x | 1.60x | CA$109.85 Million |
| 2011 | 10.96% | 19.87% | 0.42x | 1.33x | CA$2.83 Million |
| 2012 | 10.07% | 22.53% | 0.38x | 1.18x | CA$214.21K |
| 2013 | -19.33% | -74.04% | 0.24x | 1.08x | CA$-115.79 Million |
| 2014 | 4.63% | 96.06% | 0.04x | 1.20x | CA$-19.36 Million |
| 2015 | -11.06% | -211.77% | 0.04x | 1.21x | CA$-54.37 Million |
| 2016 | 8.75% | 222.69% | 0.03x | 1.22x | CA$-3.34 Million |
| 2017 | 10.91% | 240.70% | 0.04x | 1.19x | CA$2.50 Million |
| 2018 | 8.42% | 203.40% | 0.04x | 1.17x | CA$-4.31 Million |
| 2019 | 3.76% | 89.37% | 0.04x | 1.20x | CA$-16.95 Million |
| 2020 | 9.27% | 23.58% | 0.30x | 1.30x | CA$-2.12 Million |
| 2021 | 11.40% | 20.12% | 0.45x | 1.26x | CA$4.06 Million |
| 2022 | 6.36% | 11.43% | 0.40x | 1.38x | CA$-10.10 Million |
| 2023 | 13.67% | 28.57% | 0.39x | 1.24x | CA$11.23 Million |
| 2024 | 15.23% | 29.28% | 0.43x | 1.20x | CA$16.93 Million |
| 2025 | 18.69% | 23.22% | 0.56x | 1.43x | CA$43.76 Million |
Industry Comparison
This section compares Sprott Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,288,876,915
- Average return on equity (ROE) among peers: 10.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sprott Inc. (SII) | CA$503.40 Million | 30.62% | 0.43x | $3.35 Billion |
| Aberdeen International Inc. (AAB) | $47.50 Million | -34.30% | 0.03x | $2.91 Million |
| Base Carbon Inc. (BCBN) | $43.86 Million | -35.28% | 0.01x | $54.04 Million |
| Canadian Banc Corp (BK) | $97.56 Million | 25.22% | 0.73x | $546.30 Million |
| Brookfield Corporation (BN) | $3.80 Billion | 7.09% | 0.87x | $103.90 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $4.42 Billion | 22.79% | 0.00x | $8.43 Billion |
| Canadian General Investments Ltd (CGI) | $399.80 Million | 30.88% | 0.38x | $817.91 Million |
| CI Financial Corp (CIX) | $1.62 Billion | 18.46% | 4.98x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $292.29 Million | 2.91% | 0.04x | $762.10 Million |
| Cymbria Corporation (CYB) | $1.98 Billion | 14.22% | 0.07x | $1.00 Billion |
| Dividend 15 Split Corp II (DF) | $172.83 Million | 55.20% | 1.48x | $162.22 Million |
About Sprott Inc.
Sprott Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts. Further, the firm also provides broker-dealer activities. Sprott Inc… Read more