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: The AUM Growth Continues, But Limited Growth In Cash Flows
Feb 21Sprott: Successfully Capitalizing On Renewable Minerals Trends
Jan 31Sprott: The Uranium Related Products Continue To Grow
Nov 05Sprott: Higher Rates Still Do Hurt
Oct 24Sprott Q2: Lackluster Earnings Growth Lately, Ratings Downgrade
Aug 09Sprott declares $0.25 dividend
Feb 23Sprott: AUM Close To Peak Levels, Which Is Far From Reflected In The Stock
Jan 03Sprott declares $0.25 dividend
Nov 03Sprott's AUM Has Grown In A Challenging Precious Metals Environment
Sep 07Sprott declares $0.25 dividend
Aug 01Sprott Is Once Again Attractively Priced
Jul 10Growth May Sprout In Sprott
Jun 09Sprott: The AUM Growth Continues In 2022
May 06Sprott: Strong Growth Tailwinds And A Natural Inflation Hedge
Mar 28Sprott: The Strong AUM Growth Continues And The Valuation Has Come Down
Feb 25Sprott: A Healthy AUM Growth In Q3 Despite A Challenging Market
Nov 05Sprott: A Relatively Steep Price For AUM Growth
Aug 06Sprott declares $0.25 dividend
May 06The UPC-Sprott Transaction Is A Win-Win For Both Parties
May 03Sprott Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 13Sprott increases dividend by ~9% to $0.25
Nov 12Financial 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).