Sprott Physical Silver Trust
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-4.06-6.979.8618.87-9.597.972.75-5.6836.33-74.29N/A-9.59
Price/Sales ratio
-4.12-7.139.6218.05-9.827.842.74-5.7434.78-83.86N/A-9.82
Price/Book Value ratio
1.010.981.010.980.960.930.820.860.910.97N/A0.93
Price/Cash Flow ratio
-119.32-118.49-137.25-139.98-149.56-157.74-190.96-145.00-346.20-126.75N/A-149.56
Price/Free Cash Flow ratio
-119.32-118.49-137.25-139.98-149.56-157.74-190.96-145.00-346.20-126.75N/A-149.56
Price/Earnings Growth ratio
0.060.14-0.05-0.410.03-0.030.000.04-0.310.50N/A-0.03
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
100%105.15%94.14%89.32%106.19%95.77%98.74%103.55%82.62%145.93%N/A95.77%
Operating Profit Margin
101.36%102.37%97.56%95.63%102.41%98.35%99.60%101.07%95.73%112.89%N/A98.35%
Pretax Profit Margin
101.37%102.41%97.55%95.63%102.41%98.35%99.60%101.07%95.73%112.87%N/A98.35%
Net Profit Margin
101.37%102.41%97.55%95.63%102.41%98.35%99.60%101.07%95.73%112.87%N/A98.35%
Effective Tax Rate
N/AN/A100.00%100.00%0.18%100.00%100%100.00%100.01%N/AN/A100.00%
Return on Assets
-24.82%-14.17%10.30%5.24%-10.01%11.70%30.01%-15.26%2.51%-1.31%N/A-10.01%
Return On Equity
-24.83%-14.18%10.31%5.24%-10.01%11.70%30.02%-15.26%2.52%-1.31%N/A-10.01%
Return on Capital Employed
-24.83%-14.18%10.31%5.24%-10.01%11.70%30.02%-15.26%2.51%-1.31%N/A-10.01%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
4.760.887.5711.687.055.409.26.68114.22N/AN/A5.40
Cash ratio
4.760.887.5711.687.055.409.26.68114.22N/AN/A5.40
Days of Sales Outstanding
N/A-1.38-3.45KN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
N/A51.07K58.83KN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/A51.07K55.37KN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/A30.2624.0213.9137.0931.3611.459.012.7236.12N/A31.36
Cash Conversion Cycle
N/A51.04K55.35K-13.91-37.09-31.36-11.45-9.01-2.72-36.12N/A-37.09
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.001.001.001.001.001.001.001.001.001.00N/A1.00
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.030.06-0.07-0.120.06-0.04-0.010.03-0.100.66N/A-0.04
Free Cash Flow / Operating Cash Flow Ratio
1111111111N/A1
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A