Sprott Net Income Per Share vs Operating Cash Flow Per Share Analysis

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Sprott Physical financial indicator trend analysis is much more than just breaking down Sprott Physical Platinum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Physical Platinum is a good investment. Please check the relationship between Sprott Physical Net Income Per Share and its Operating Cash Flow Per Share accounts. 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.

Net Income Per Share vs Operating Cash Flow Per Share

Net Income Per Share vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Physical Platinum Net Income Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sprott Physical's Net Income Per Share and Operating Cash Flow Per Share is -0.37. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Sprott Physical Platinum, assuming nothing else is changed. The correlation between historical values of Sprott Physical's Net Income Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Sprott Physical Platinum are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Net Income Per Share i.e., Sprott Physical's Net Income Per Share and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income Per Share

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.

Most indicators from Sprott Physical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

At this time, Sprott Physical's Selling General Administrative is very stable compared to the past year. As of the 28th of November 2024, Issuance Of Capital Stock is likely to grow to about 19.8 M, though Sales General And Administrative To Revenue is likely to grow to (0.01).

Sprott Physical fundamental ratios 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 fundamental ratios 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

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.

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Sprott Net Income Per Share vs Operating Cash Flow Per Share Analysis

Net Income Per Share vs Operating Cash Flow Per Share

Net Income Per Share vs Operating Cash Flow Per Share Correlation Analysis

Correlation Coefficient

Net Income Per Share

Operating Cash Flow Per Share

Sprott Physical fundamental ratios Correlations

Sprott Physical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sprott Physical fundamental ratios Accounts

Pair Trading with Sprott Physical

Other Information on Investing in Sprott Stock

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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