Sprott Physical Gold and Silver Trust (CEF) — Working Capital to Net Assets Ratio
Sprott Physical Gold and Silver Trust (CEF) has a Working Capital to Net Assets ratio of 0.1% as of September 2025. Working capital of CA$4.69 Million (current assets of CA$6.72 Million minus current liabilities of CA$2.03 Million) is measured against net assets of CA$7.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see total assets of Sprott Physical Gold and Silver Trust.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sprott Physical Gold and Silver Trust Working Capital to Net Assets (2005–2024)
This chart shows how Sprott Physical Gold and Silver Trust's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 0.1%, reflecting working capital of CA$4.69 Million against net assets of CA$7.31 Billion CAD. Check CEF cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Annual Working Capital to Net Assets for Sprott Physical Gold and Silver Trust (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sprott Physical Gold and Silver Trust from 2005 to 2024, covering 20 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore investment intensity of Sprott Physical Gold and Silver Trust to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.0% | CA$2.00 Million | CA$5.01 Billion | CA$4.42 Million | CA$2.41 Million | ▼ -0.1 pp |
| 2023 | 0.1% | CA$5.11 Million | CA$4.23 Billion | CA$6.90 Million | CA$1.79 Million | ▲ +0.1 pp |
| 2022 | 0.1% | CA$2.62 Million | CA$4.00 Billion | CA$3.40 Million | CA$783.00K | ▲ +0.1 pp |
| 2021 | 0.0% | CA$617.00K | CA$4.09 Billion | CA$679.00K | CA$62.00K | ▼ 0.0 pp |
| 2020 | 0.0% | CA$1.27 Million | CA$4.42 Billion | CA$1.40 Million | CA$125.00K | ▲ +0.0 pp |
| 2019 | 0.0% | CA$95.58K | CA$2.96 Billion | CA$1.25 Million | CA$1.16 Million | ▲ +0.1 pp |
| 2018 | 0.0% | CA$-1.34 Million | CA$2.81 Billion | CA$179.72K | CA$1.52 Million | ▼ -0.3 pp |
| 2017 | 0.2% | CA$-3.99 Million | CA$-1.89 Billion | CA$7.86 | CA$3.99 Million | ▼ -0.7 pp |
| 2016 | 0.9% | CA$32.16 Million | CA$3.50 Billion | CA$34.70 Million | CA$2.54 Million | ▲ +0.8 pp |
| 2015 | 0.1% | CA$3.17 Million | CA$3.14 Billion | CA$7.75 Million | CA$4.58 Million | ▼ -0.5 pp |
| 2014 | 0.6% | CA$18.05 Million | CA$3.24 Billion | CA$23.34 Million | CA$5.29 Million | ▼ -0.3 pp |
| 2013 | 0.8% | CA$32.26 Million | CA$3.98 Billion | CA$36.80 Million | CA$4.54 Million | ▼ -0.1 pp |
| 2012 | 0.9% | CA$48.93 Million | CA$5.45 Billion | CA$55.39 Million | CA$6.46 Million | ▼ -0.3 pp |
| 2011 | 1.2% | CA$67.45 Million | CA$5.62 Billion | CA$72.76 Million | CA$5.31 Million | ▼ -0.8 pp |
| 2010 | 2.0% | CA$78.93 Million | CA$3.91 Billion | CA$83.04 Million | CA$4.11 Million | ▼ -0.5 pp |
| 2009 | 2.6% | CA$61.02 Million | CA$2.38 Billion | CA$64.32 Million | CA$3.30 Million | ▼ -1.1 pp |
| 2008 | 3.7% | CA$44.35 Million | CA$1.20 Billion | CA$47.23 Million | CA$2.88 Million | ▲ +3.6 pp |
| 2007 | 0.1% | CA$1.22 Million | CA$1.24 Billion | CA$2.47 Million | CA$1.25 Million | ▼ -1.7 pp |
| 2006 | 1.8% | CA$15.10 Million | CA$836.33 Million | CA$16.96 Million | CA$1.87 Million | ▲ +2.0 pp |
| 2005 | -0.2% | CA$-928.99K | CA$541.00 Million | CA$13.98K | CA$942.96K | — |