Sprott Balance Sheet Health
Financial Health criteria checks 5/6
Sprott has a total shareholder equity of $321.0M and total debt of $24.2M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $378.8M and $57.8M respectively. Sprott's EBIT is $72.2M making its interest coverage ratio 17.8. It has cash and short-term investments of $22.9M.
Key information
7.6%
Debt to equity ratio
US$24.24m
Debt
| Interest coverage ratio | 17.8x |
| Cash | US$22.89m |
| Equity | US$321.01m |
| Total liabilities | US$57.82m |
| Total assets | US$378.84m |
Recent financial health updates
No updates
Recent updates
Sprott Inc.'s (TSE:SII) Share Price Could Signal Some Risk
Apr 03
Is Now The Time To Put Sprott (TSE:SII) On Your Watchlist?
Aug 01Is Now The Time To Put Sprott (TSE:SII) On Your Watchlist?
Dec 08Independent Director Sharon Ranson Just Sold A Bunch Of Shares In Sprott Inc. (TSE:SII)
Mar 10Four Days Left To Buy Sprott Inc. (TSE:SII) Before The Ex-Dividend Date
Feb 28Zooming in on TSE:SII's 3.4% Dividend Yield
Jan 25Sprott (TSE:SII) Has Compensated Shareholders With A Respectable 91% Return On Their Investment
Dec 29Is Sprott Inc. (TSE:SII) Popular Amongst Insiders?
Dec 08
Financial Position Analysis
Short Term Liabilities: SII's short term assets ($45.1M) exceed its short term liabilities ($21.4M).
Long Term Liabilities: SII's short term assets ($45.1M) exceed its long term liabilities ($36.4M).
Debt to Equity History and Analysis
Debt Level: SII's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: SII's debt to equity ratio has increased from 0% to 7.6% over the past 5 years.
Debt Coverage: SII's debt is well covered by operating cash flow (123.2%).
Interest Coverage: SII's interest payments on its debt are well covered by EBIT (17.8x coverage).