Sprott Physical Platinum and Palladium Trust
Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.
Sprott Physical Platinum and Palladium Trust (SPPP) - Total Assets
Latest total assets as of September 2025: CA$508.86 Million CAD
Based on the latest financial reports, Sprott Physical Platinum and Palladium Trust (SPPP) holds total assets worth CA$508.86 Million CAD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sprott Physical Platinum and Palladium Trust - Total Assets Trend (2013–2024)
This chart illustrates how Sprott Physical Platinum and Palladium Trust’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sprott Physical Platinum and Palladium Trust - Asset Composition Analysis
Current Asset Composition (December 2024)
Sprott Physical Platinum and Palladium Trust's total assets of CA$508.86 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.2% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Sprott Physical Platinum and Palladium Trust's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sprott Physical Platinum and Palladium Trust's current assets represent 0.2% of total assets in 2024, an increase from 0.2% in 2013.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, up from 0.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Sprott Physical Platinum and Palladium Trust Competitors by Total Assets
Key competitors of Sprott Physical Platinum and Palladium Trust based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Julius Bär Gruppe AG
PINK:JBARF
|
USA | $104.72 Billion |
|
Julius Baer Group Ltd
PINK:JBAXY
|
USA | $104.72 Billion |
|
JPMorgan Claverhouse Investment Trust Plc
LSE:JCH
|
UK | GBX488.15 Million |
|
JPMORGAN EMERGING EUROPE MIDDLE EAST & AFRICA SECURITIES PLCc
LSE:JEMA
|
UK | GBX22.90 Million |
|
Jupiter Fund Management Plc
PINK:JFHHF
|
USA | $1.21 Billion |
|
Jafco Company Ltd
OTCGREY:JFKOF
|
USA | $164.11 Billion |
|
Jupiter Green Investment Trust PLC
LSE:JGC
|
UK | GBX51.37 Million |
|
Janus Henderson Group PLC
NYSE:JHG
|
USA | $8.29 Billion |
Sprott Physical Platinum and Palladium Trust - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Sprott Physical Platinum and Palladium Trust generates -0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sprott Physical Platinum and Palladium Trust is currently not profitable relative to its asset base.
Sprott Physical Platinum and Palladium Trust - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 20.76 | 4.50 | 2.16 |
| Quick Ratio | 20.76 | 4.50 | 2.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$484.31 Million | CA$ 865.00K | CA$ 480.52K |
Sprott Physical Platinum and Palladium Trust - Advanced Valuation Insights
This section examines the relationship between Sprott Physical Platinum and Palladium Trust's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.80 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 43.9% |
| Total Assets | CA$167.68 Million |
| Market Capitalization | $135.59K USD |
Valuation Analysis
Below Book Valuation: The market values Sprott Physical Platinum and Palladium Trust's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sprott Physical Platinum and Palladium Trust's assets grew by 43.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sprott Physical Platinum and Palladium Trust (2013–2024)
The table below shows the annual total assets of Sprott Physical Platinum and Palladium Trust from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$167.68 Million | +43.92% |
| 2023-12-31 | CA$116.50 Million | -15.79% |
| 2022-12-31 | CA$138.35 Million | +4.43% |
| 2021-12-31 | CA$132.48 Million | +4.27% |
| 2020-12-31 | CA$127.05 Million | +7.62% |
| 2019-12-31 | CA$118.06 Million | +16.04% |
| 2018-12-31 | CA$101.74 Million | -18.92% |
| 2017-12-31 | CA$125.48 Million | +20.90% |
| 2016-12-31 | CA$103.79 Million | +7.58% |
| 2015-12-31 | CA$96.47 Million | -54.10% |
| 2014-12-31 | CA$210.20 Million | -14.75% |
| 2013-12-31 | CA$246.57 Million | -- |