Sprott Physical Gold Etf Debt To Equity
CEF Etf | USD 25.08 0.35 1.42% |
Sprott Physical Gold fundamentals help investors to digest information that contributes to Sprott Physical's financial success or failures. It also enables traders to predict the movement of Sprott Etf. The fundamental analysis module provides a way to measure Sprott Physical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sprott Physical etf.
Sprott |
Sprott Physical Gold ETF Debt To Equity Analysis
Sprott Physical's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition |
According to the company disclosure, Sprott Physical Gold has a Debt To Equity of 0.0%. This indicator is about the same for the UBS average (which is currently at 0.0) family and about the same as Commodities Focused (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Sprott Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sprott Physical's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Sprott Physical could also be used in its relative valuation, which is a method of valuing Sprott Physical by comparing valuation metrics of similar companies.Sprott Physical is currently under evaluation in debt to equity as compared to similar ETFs.
Sprott Fundamentals
Return On Equity | -7.78 | |||
Return On Asset | -4.86 | |||
Operating Margin | 107.07 % | |||
Current Valuation | 3.45 B | |||
Shares Outstanding | 220.53 M | |||
Shares Owned By Institutions | 23.54 % | |||
Number Of Shares Shorted | 79.15 K | |||
Price To Earning | 11.44 X | |||
Price To Book | 0.96 X | |||
Price To Sales | (12.93) X | |||
Revenue | (291.15 M) | |||
Gross Profit | (289.53 M) | |||
Net Income | (311.74 M) | |||
Cash And Equivalents | 1.02 M | |||
Book Value Per Share | 17.78 X | |||
Cash Flow From Operations | (22.7 M) | |||
Short Ratio | 0.15 X | |||
Earnings Per Share | (1.25) X | |||
Number Of Employees | 12 | |||
Beta | 0.071 | |||
Market Capitalization | 3.76 B | |||
Total Asset | 3.51 B | |||
Retained Earnings | 1.09 B | |||
Working Capital | 3.5 B | |||
Current Asset | 3.51 B | |||
Current Liabilities | 4.35 M | |||
One Year Return | 35.20 % | |||
Three Year Return | 11.60 % | |||
Five Year Return | 12.30 % | |||
Ten Year Return | 7.90 % | |||
Last Dividend Paid | 0.01 |
About Sprott Physical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sprott Physical Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sprott Physical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sprott Physical Gold based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Sprott Physical Gold is a strong investment it is important to analyze Sprott Physical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprott Physical's future performance. For an informed investment choice regarding Sprott Etf, refer to the following important reports:Check out Sprott Physical Piotroski F Score and Sprott Physical Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Sprott Physical Gold is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott Physical's value that differs from its market value or its book value, called intrinsic value, which is Sprott Physical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprott Physical's market value can be influenced by many factors that don't directly affect Sprott Physical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprott Physical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott Physical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott Physical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.