Sprott Physical Silver (PSLV) — Tangible Net Worth Ratio
Sprott Physical Silver (PSLV) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$9.34 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Sprott Physical Silver to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sprott Physical Silver Tangible Net Worth Ratio (2011–2024)
This chart shows how Sprott Physical Silver's Tangible Net Worth Ratio has changed across 13 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$9.34 Billion with intangible assets of CA$0.00 CAD. For live market cap and overall valuation, see market cap of Sprott Physical Silver.
Annual Tangible Net Worth Ratio for Sprott Physical Silver (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sprott Physical Silver from 2011 to 2024, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See PSLV FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$5.23 Billion | CA$0.00 | CA$5.23 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$4.07 Billion | CA$0.00 | CA$4.07 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$4.09 Billion | CA$0.00 | CA$4.10 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$3.60 Billion | CA$0.00 | CA$3.60 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | CA$2.41 Billion | CA$0.00 | CA$2.41 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | CA$1.08 Billion | CA$0.00 | CA$1.08 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | CA$874.95 Million | CA$0.00 | CA$875.48 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$957.09 Million | CA$0.00 | CA$957.30 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$888.53 Million | CA$0.00 | CA$888.90 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$678.58 Million | CA$0.00 | CA$678.99 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$775.02 Million | CA$0.00 | CA$775.30 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$1.51 Billion | CA$0.00 | CA$1.51 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | CA$621.43 Million | CA$0.00 | CA$621.69 Million | — |