Sprott Physical Gold Etf Working Capital
| PHYS Etf | USD 20.26 0.05 0.25% |
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 Working Capital Analysis
Sprott Physical's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Sprott Physical Working Capital | 1.24 B |
Most of Sprott Physical's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sprott Physical Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Based on the company's disclosures, Sprott Physical Gold has a Working Capital of 1.24 B. This is much higher than that of the Capital Markets family and significantly higher than that of the Financials category. The working capital for all United States etfs is notably lower than that of the firm.
Sprott Working Capital 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 Working Capital 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 working capital as compared to similar ETFs.
Sprott Fundamentals
| Shares Outstanding | 397.02 M | ||||
| Shares Owned By Institutions | 26.87 % | ||||
| Number Of Shares Shorted | 104.82 K | ||||
| Price To Earning | (8.39) X | ||||
| Price To Book | 0.98 X | ||||
| Price To Sales | 3.44 X | ||||
| Revenue | 727.25 M | ||||
| EBITDA | 723.52 M | ||||
| Net Income | 723.52 M | ||||
| Cash And Equivalents | 598.32 K | ||||
| Cash Per Share | (0.05) X | ||||
| Total Debt | 126 K | ||||
| Current Ratio | 3,559 X | ||||
| Cash Flow From Operations | (24.57 M) | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | 0.10 X | ||||
| Beta | -0.06 | ||||
| Market Capitalization | 8.42 B | ||||
| Total Asset | 6.53 B | ||||
| Retained Earnings | 1.27 B | ||||
| Working Capital | 1.24 B | ||||
| Current Asset | 1.24 B | ||||
| Current Liabilities | 347.45 K | ||||
| One Year Return | 1.50 % | ||||
| Three Year Return | 8.80 % | ||||
| Five Year Return | 7.10 % | ||||
| Ten Year Return | 0.60 % | ||||
| Net Asset | 6.53 B |
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.
Thematic Opportunities
Explore Investment Opportunities
Check out Sprott Physical Piotroski F Score and Sprott Physical Altman Z Score analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.