Sprott Physical Gold and Silver Trust Financials
This page shows Sprott Physical Gold and Silver Trust (CEF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Sprott Physical Gold and Silver Trust does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Sprott Physical Gold and Silver Trust passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
For every $1 of reported earnings, Sprott Physical Gold and Silver Trust used $0.01 of operating cash (-$29.9M OCF vs $4.4B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Sprott Physical Gold and Silver Trust reported $4.4B in net income in fiscal year 2025. This represents an increase of 328.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Sprott Physical Gold and Silver Trust held $18.8M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Sprott Physical Gold and Silver Trust's ROE was 48.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 27.8 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Sprott Physical Gold and Silver Trust spent $321.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 37.1% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
CEF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
CEF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.1B+80.8% | $5.0B+18.5% | $4.2B+5.8% | $4.0B-2.3% | $4.1B-7.4% | $4.4B+49.4% | $3.0B+5.4% | $2.8B |
| Cash & Equivalents | $18.8M+326.3% | $4.4M-36.1% | $6.9M+102.8% | $3.4M+401.3% | $679K-51.5% | $1.4M+11.7% | $1.3M+600.0% | $179K |
| Total Liabilities | $2.5M+4.6% | $2.4M+34.5% | $1.8M+50.9% | $1.2M+1817.7% | $62K-50.4% | $125K-89.2% | $1.2M-23.7% | $1.5M |
| Total Equity | $9.1B+80.8% | $5.0B+18.5% | $4.2B+5.8% | $4.0B-2.3% | $4.1B-7.4% | $4.4B+49.4% | $3.0B+5.5% | $2.8B |
| Retained Earnings | $6.3B+197.7% | $2.1B+78.7% | $1.2B+31.9% | $896.0M-2.0% | $914.2M-26.0% | $1.2B+444.8% | $226.6M+205.9% | -$214.0M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Long-Term Debt.
CEF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
CEF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Current Ratio, FCF Margin.
Where Sprott Physical Gold and Silver Trust Ranks
Frequently Asked Questions
Is Sprott Physical Gold and Silver Trust profitable?
Yes, Sprott Physical Gold and Silver Trust (CEF) reported a net income of $4.4B in fiscal year 2025.
What is Sprott Physical Gold and Silver Trust's return on equity (ROE)?
Sprott Physical Gold and Silver Trust (CEF) has a return on equity of 48.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sprott Physical Gold and Silver Trust's operating cash flow?
Sprott Physical Gold and Silver Trust (CEF) recorded an outflow of $29.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Sprott Physical Gold and Silver Trust's total assets?
Sprott Physical Gold and Silver Trust (CEF) had $9.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Sprott Physical Gold and Silver Trust's debt-to-equity ratio?
Sprott Physical Gold and Silver Trust (CEF) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sprott Physical Gold and Silver Trust's return on assets (ROA)?
Sprott Physical Gold and Silver Trust (CEF) had a return on assets of 48.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sprott Physical Gold and Silver Trust's Piotroski F-Score?
Sprott Physical Gold and Silver Trust (CEF) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sprott Physical Gold and Silver Trust's earnings high quality?
For every $1 of reported earnings, Sprott Physical Gold and Silver Trust (CEF) used $0.01 of operating cash (-$29.9M OCF vs $4.4B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.