Sprott Historical Balance Sheet

SPPP Stock

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Trend analysis of Sprott Physical Platinum balance sheet accounts such as Cash And Short Term Investments of 564.3 K, Common Stock Total Equity of 120.1 M, Common Stock Shares Outstanding of 11.3 M or Liabilities And Stockholders Equity of 110.3 M provides information on Sprott Physical's total assets, liabilities, and equity, which is the actual value of Sprott Physical Platinum to its prevalent stockholders. By breaking down trends over time using Sprott Physical balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Sprott Physical Platinum latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sprott Physical Platinum is a good buy for the upcoming year.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Physical Platinum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Sprott Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Sprott Physical Platinum at a specified time, usually calculated after every quarter, six months, or one year. Sprott Physical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sprott Physical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sprott currently owns. An asset can also be divided into two categories, current and non-current.

Sprott Physical Balance Sheet Chart

At this time, Sprott Physical's Common Stock Total Equity is very stable compared to the past year. As of the 28th of November 2024, Common Stock Shares Outstanding is likely to grow to about 11.3 M, while Total Assets are likely to drop about 110.3 M.

Total Stockholder Equity Non Current Assets Total Cash And Short Term Investments Liabilities And Stockholders Equity Total Current Liabilities Total Liab

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sprott Physical Platinum balance sheet. This account contains Sprott Physical investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sprott Physical Platinum fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Liabilities And Stockholders Equity

The total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation.

Total Current Liabilities

Total Current Liabilities is an item on Sprott Physical balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sprott Physical Platinum are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most accounts from Sprott Physical's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Sprott Physical Platinum current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Physical Platinum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	131.8M	138.3M	116.3M	110.1M
Total Assets	132.5M	138.3M	116.5M	110.3M

Total Stockholder Equity Total Assets

Sprott Physical balance sheet Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Accounts Payable	Other Assets	Non Current Liabilities Total	Total Liab	Non Currrent Assets Other	Short Term Investments	Other Current Assets	Long Term Investments	Capital Stock
Total Assets		1.0	0.19	-0.32	-0.04	1.0	-0.24	0.9	0.87	0.37	-0.24	0.93	0.28	0.63	-0.18	0.98	-0.44	0.91	-0.44	-0.18	0.43	-0.47	0.25	-0.45	-0.14
Total Stockholder Equity	1.0		0.19	-0.32	-0.04	1.0	-0.24	0.9	0.87	0.36	-0.24	0.93	0.28	0.63	-0.18	0.98	-0.44	0.91	-0.44	-0.18	0.43	-0.47	0.25	-0.45	-0.14
Net Debt	0.19	0.19		-0.33	-0.82	0.2	0.15	0.33	0.34	0.36	0.15	0.29	0.22	0.4	-0.09	0.29	-0.16	0.18	-0.15	-0.09	0.39	-0.42	0.72	-0.4	-0.01
Retained Earnings	-0.32	-0.32	-0.33		0.28	-0.32	-0.27	-0.63	-0.69	-0.09	-0.27	-0.65	0.15	-0.53	0.18	-0.28	0.29	-0.43	0.84	0.18	-0.67	0.44	-0.36	0.61	-0.29
Cash	-0.04	-0.04	-0.82	0.28		-0.05	-0.19	-0.19	-0.18	-0.22	-0.19	-0.15	-0.09	-0.25	0.08	-0.07	0.09	0.04	0.05	0.08	-0.27	0.3	-0.68	0.27	-0.05
Non Current Assets Total	1.0	1.0	0.2	-0.32	-0.05		-0.24	0.9	0.87	0.37	-0.24	0.93	0.28	0.63	-0.18	0.98	-0.44	0.91	-0.44	-0.18	0.43	-0.47	0.25	-0.45	-0.14
Cash And Short Term Investments	-0.24	-0.24	0.15	-0.27	-0.19	-0.24		-0.04	-0.06	0.15	1.0	-0.08	0.1	0.18	0.18	-0.27	0.22	-0.44	-0.29	0.18	0.22	-0.22	0.13	-0.22	-0.07
Common Stock Total Equity	0.9	0.9	0.33	-0.63	-0.19	0.9	-0.04		0.99	0.47	-0.04	0.96	0.25	0.75	-0.08	0.89	-0.34	0.89	-0.6	-0.08	0.7	-0.71	0.52	-0.68	-0.23
Common Stock Shares Outstanding	0.87	0.87	0.34	-0.69	-0.18	0.87	-0.06	0.99		0.48	-0.06	0.97	0.26	0.76	-0.07	0.86	-0.33	0.91	-0.65	-0.07	0.74	-0.7	0.52	-0.73	-0.18
Other Stockholder Equity	0.37	0.36	0.36	-0.09	-0.22	0.37	0.15	0.47	0.48		0.15	0.37	0.88	0.49	0.42	0.43	0.28	0.39	0.01	0.42	0.56	-0.73	0.68	-0.68	-0.68
Total Current Assets	-0.24	-0.24	0.15	-0.27	-0.19	-0.24	1.0	-0.04	-0.06	0.15		-0.08	0.1	0.18	0.18	-0.27	0.22	-0.44	-0.29	0.18	0.22	-0.22	0.13	-0.22	-0.07
Common Stock	0.93	0.93	0.29	-0.65	-0.15	0.93	-0.08	0.96	0.97	0.37	-0.08		0.22	0.72	-0.2	0.9	-0.45	0.9	-0.68	-0.2	0.62	-0.56	0.35	-0.62	-0.01
Short Long Term Debt Total	0.28	0.28	0.22	0.15	-0.09	0.28	0.1	0.25	0.26	0.88	0.1	0.22		0.38	0.18	0.32	0.1	0.24	0.09	0.18	0.2	-0.51	0.37	-0.36	-0.51
Other Current Liab	0.63	0.63	0.4	-0.53	-0.25	0.63	0.18	0.75	0.76	0.49	0.18	0.72	0.38		0.0	0.62	-0.19	0.65	-0.71	0.0	0.61	-0.69	0.51	-0.63	-0.25
Total Current Liabilities	-0.18	-0.18	-0.09	0.18	0.08	-0.18	0.18	-0.08	-0.07	0.42	0.18	-0.2	0.18	0.0		-0.13	0.96	-0.13	0.38	1.0	0.27	-0.18	0.36	-0.29	-0.58
Net Tangible Assets	0.98	0.98	0.29	-0.28	-0.07	0.98	-0.27	0.89	0.86	0.43	-0.27	0.9	0.32	0.62	-0.13		-0.39	0.91	-0.37	-0.13	0.49	-0.53	0.33	-0.51	-0.21
Accounts Payable	-0.44	-0.44	-0.16	0.29	0.09	-0.44	0.22	-0.34	-0.33	0.28	0.22	-0.45	0.1	-0.19	0.96	-0.39		-0.38	0.5	0.96	0.09	-0.01	0.23	-0.11	-0.49
Other Assets	0.91	0.91	0.18	-0.43	0.04	0.91	-0.44	0.89	0.91	0.39	-0.44	0.9	0.24	0.65	-0.13	0.91	-0.38		-0.48	-0.13	0.55	-0.54	0.33	-0.55	-0.17
Non Current Liabilities Total	-0.44	-0.44	-0.15	0.84	0.05	-0.44	-0.29	-0.6	-0.65	0.01	-0.29	-0.68	0.09	-0.71	0.38	-0.37	0.5	-0.48		0.38	-0.5	0.34	-0.06	0.47	-0.32
Total Liab	-0.18	-0.18	-0.09	0.18	0.08	-0.18	0.18	-0.08	-0.07	0.42	0.18	-0.2	0.18	0.0	1.0	-0.13	0.96	-0.13	0.38		0.27	-0.18	0.36	-0.29	-0.58
Non Currrent Assets Other	0.43	0.43	0.39	-0.67	-0.27	0.43	0.22	0.7	0.74	0.56	0.22	0.62	0.2	0.61	0.27	0.49	0.09	0.55	-0.5	0.27		-0.79	0.66	-0.98	-0.29
Short Term Investments	-0.47	-0.47	-0.42	0.44	0.3	-0.47	-0.22	-0.71	-0.7	-0.73	-0.22	-0.56	-0.51	-0.69	-0.18	-0.53	-0.01	-0.54	0.34	-0.18	-0.79		-0.77	0.8	0.6
Other Current Assets	0.25	0.25	0.72	-0.36	-0.68	0.25	0.13	0.52	0.52	0.68	0.13	0.35	0.37	0.51	0.36	0.33	0.23	0.33	-0.06	0.36	0.66	-0.77		-0.66	-0.55
Long Term Investments	-0.45	-0.45	-0.4	0.61	0.27	-0.45	-0.22	-0.68	-0.73	-0.68	-0.22	-0.62	-0.36	-0.63	-0.29	-0.51	-0.11	-0.55	0.47	-0.29	-0.98	0.8	-0.66		0.32
Capital Stock	-0.14	-0.14	-0.01	-0.29	-0.05	-0.14	-0.07	-0.23	-0.18	-0.68	-0.07	-0.01	-0.51	-0.25	-0.58	-0.21	-0.49	-0.17	-0.32	-0.58	-0.29	0.6	-0.55	0.32

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Sprott Physical Account Relationship Matchups

Sprott Physical balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	118.1M	127.1M	132.5M	138.3M	116.5M	110.3M
Total Stockholder Equity	117.7M	126.8M	131.8M	138.3M	116.3M	110.1M
Net Debt	(269.3K)	(1.2M)	(892K)	(375K)	(594K)	(623.7K)
Retained Earnings	53.5M	67.3M	35.7M	26.6M	(9.5M)	(9.0M)
Cash	269.3K	1.2M	892K	375K	594K	518.8K
Non Current Assets Total	117.6M	125.8M	131.5M	138.0M	115.9M	109.9M
Cash And Short Term Investments	269.3K	1.2M	892K	375K	594K	564.3K
Common Stock Total Equity	131.7M	98.5M	79.4M	74.9M	67.4M	120.1M
Common Stock Shares Outstanding	11.2M	8.6M	7.0M	8.3M	10.3M	11.3M
Liabilities And Stockholders Equity	118.1M	127.1M	132.5M	138.3M	116.5M	110.3M
Other Stockholder Equity	(15.2M)	(15.4M)	(15.7M)	(16.1M)	(16.2M)	(17.1M)
Total Current Assets	269.3K	1.2M	892K	375K	594K	564.3K
Common Stock	79.4M	74.9M	111.9M	127.8M	142.0M	115.1M
Other Current Liab	177.0	(240K)	(267K)	(59K)	(212K)	(201.4K)
Total Current Liabilities	346.2K	240K	267K	59K	212K	181.8K
Accounts Payable	346K	240K	267K	59K	212K	178.9K
Total Liab	346.2K	240K	267K	59K	212K	181.8K
Non Currrent Assets Other	(117.6M)	(125.8M)	(131.5M)	(138.0M)	(115.9M)	(121.7M)
Short Term Investments	101.5M	117.6M	125.8M	131.5M	151.3M	129.3M
Other Current Assets	144.8K	139.2K	139K	66K	59.4K	90.6K
Long Term Investments	117.6M	125.8M	131.5M	138.0M	115.9M	131.9M
Capital Stock	79.4M	74.9M	111.9M	127.8M	142.0M	116.3M

Pair Trading with Sprott Physical

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sprott Physical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sprott Physical will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Sprott Physical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sprott Physical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sprott Physical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sprott Physical Platinum to buy it.

The correlation of Sprott Physical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sprott Physical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sprott Physical Platinum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sprott Physical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Sprott Stock

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Sprott Historical Balance Sheet

About Sprott Balance Sheet Analysis

Sprott Physical Balance Sheet Chart

Total Stockholder Equity

Non Current Assets Total

Cash And Short Term Investments

Liabilities And Stockholders Equity

Total Current Liabilities

Total Liab

Sprott Physical balance sheet Correlations

Sprott Physical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sprott Physical balance sheet Accounts

Pair Trading with Sprott Physical

Other Information on Investing in Sprott Stock

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Total Current Liabilities
Common Stock Shares Outstanding	+ 0.99	Common Stock Total Equity

Long Term Investments	- 0.98	Non Currrent Assets Other
Cash	- 0.82	Net Debt
Short Term Investments	- 0.79	Non Currrent Assets Other
Other Current Assets	- 0.77	Short Term Investments
Short Term Investments	- 0.73	Other Stockholder Equity
Long Term Investments	- 0.73	Common Stock Shares Outstanding