Sprott Physical Silver (PSLV) — Working Capital to Net Assets Ratio
Sprott Physical Silver (PSLV) has a Working Capital to Net Assets ratio of 0.8% as of September 2025. Working capital of CA$77.57 Million (current assets of CA$81.31 Million minus current liabilities of CA$3.74 Million) is measured against net assets of CA$9.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Sprott Physical Silver to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sprott Physical Silver Working Capital to Net Assets (2011–2023)
This chart shows how Sprott Physical Silver's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2011 to 2023. As of September 2025, the ratio stands at 0.8%, reflecting working capital of CA$77.57 Million against net assets of CA$9.34 Billion CAD. For the complete balance sheet picture, see PSLV asset base.
Annual Working Capital to Net Assets for Sprott Physical Silver (2011–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sprott Physical Silver from 2011 to 2023, covering 12 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. Check financial resilience of Sprott Physical Silver to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.1% | CA$3.71 Million | CA$4.07 Billion | CA$5.87 Million | CA$2.16 Million | ▼ -0.3 pp |
| 2022 | 0.4% | CA$15.88 Million | CA$4.09 Billion | CA$16.02 Million | CA$140.00K | ▲ +0.3 pp |
| 2021 | 0.1% | CA$2.71 Million | CA$3.60 Billion | CA$3.19 Million | CA$477.00K | ▼ 0.0 pp |
| 2020 | 0.1% | CA$2.34 Million | CA$2.41 Billion | CA$2.62 Million | CA$285.00K | ▼ -0.1 pp |
| 2019 | 0.2% | CA$2.05 Million | CA$1.08 Billion | CA$2.51 Million | CA$465.19K | ▼ -0.2 pp |
| 2018 | 0.4% | CA$3.33 Million | CA$874.95 Million | CA$3.87 Million | CA$538.60K | ▲ +0.1 pp |
| 2017 | 0.3% | CA$2.50 Million | CA$957.09 Million | CA$2.72 Million | CA$213.52K | ▼ -99.7 pp |
| 2016 | 100.0% | CA$888.36 Million | CA$888.53 Million | CA$888.72 Million | CA$361.74K | ▼ 0.0 pp |
| 2015 | 100.0% | CA$678.58 Million | CA$678.58 Million | CA$678.99 Million | CA$402.11K | ▲ +0.0 pp |
| 2014 | 100.0% | CA$775.02 Million | CA$775.02 Million | CA$775.30 Million | CA$284.67K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$1.51 Billion | CA$1.51 Billion | CA$1.51 Billion | CA$47.70K | ▼ 0.0 pp |
| 2011 | 100.0% | CA$621.43 Million | CA$621.43 Million | CA$621.69 Million | CA$257.63K | — |