Sprott Inc. (SII) Balance Sheet
SII balance sheet, 2025
December 31, 2025 · U.S. dollars$524.4M assets = $158.5M liabilities + $365.9M equity
Both columns are drawn to the same scale: what SII owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SII financial health
Descriptive bands, not a rating. Fiscal 2025.
SII balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $378.8M2023 | $524.4M2025 | +17.7%/yr | |
| Total liabilities | $73.1M2023 | $158.5M2025 | +47.2%/yr | |
| Shareholders’ equity | $305.7M2023 | $367.2M2025 | +9.6%/yr | |
| Cash & short-term investments | $22.9M2023 | $123.8M2025 | +132.5%/yr | |
| Total debt | $24.2M2023 | $14.7M2024 | −39.4%/yr | |
| Net cash (debt) | −$1.3M2023 | $32.4M2024 | +$33.7M | |
| Working capital | $23.6M2023 | $75.5M2025 | +$51.9M | |
| Book value per share | $11.732023 | $14.222025 | +10.1%/yr | |
| Current ratio | 2.102023 | 1.772025 | −0.33 | |
| Debt / equity | 0.082023 | 0.052024 | −0.03 | |
| Shares outstanding | 26.1M2023 | 25.8M2025 | −0.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SII assets
SII liabilities and equity
SII debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SII balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $123.8M | $47.1M | $22.9M |
| Cash & equivalents | $117.9M | $46.8M | $20.7M |
| Short-term investments | $5.8M | $225,000 | $2.2M |
| Receivables | $49.4M | $17.5M | $8.7M |
| Inventory | $0 | $0 | −$3.0M |
| Other current assets | $0 | $14.7M | $16.5M |
| Total current assets | $173.0M | $79.2M | $45.1M |
| Property, plant & equipment (net) | $21.2M | $19.2M | $10.9M |
| Goodwill & intangible assets | $147.3M | $187.4M | $202.1M |
| Long-term investments | $76.7M | $72.8M | $93.5M |
| Other non-current assets | $106.2M | $30.2M | $27.3M |
| Total assets | $524.4M | $388.8M | $378.8M |
| Liabilities | |||
| Accounts payable | $9.9M | $7.6M | $12.6M |
| Short-term debt | — | $1.6M | $24.1M |
| Deferred revenue | — | — | −$24.1M |
| Total current liabilities | $97.5M | $30.3M | $21.4M |
| Long-term debt | $0 | $0 | $24.2M |
| Other long-term liabilities | $61.0M | $34.9M | $27.4M |
| Total liabilities | $158.5M | $65.2M | $73.1M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $448.6M | $450.1M | $434.8M |
| Retained earnings (deficit) | −$33.4M | −$67.3M | −$89.4M |
| Accumulated other comprehensive income | −$82.9M | −$95.5M | −$74.9M |
| Total shareholders' equity | $367.2M | $323.6M | $305.7M |
| Key figures | |||
| Total debt | — | $14.7M | $24.2M |
| Net cash (debt) | — | $32.4M | −$1.3M |
| Working capital | $75.5M | $48.9M | $23.6M |
| Tangible book value | $220.0M | $136.2M | $103.7M |
| Book value per share | $14.22 | $12.51 | $11.73 |
| Shares outstanding | 25.8M | 25.9M | 26.1M |
| Current ratio | 1.77 | 2.62 | 2.10 |
| Quick ratio | 1.77 | 2.13 | 1.47 |
| Debt / equity | — | 0.05 | 0.08 |
| Equity / assets | 70.0% | 83.2% | 80.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | $190.5M | $174.6M | $123.8M | $80.3M | $75.4M | $56.1M | $47.1M | $45.3M | $32.0M | $26.3M | $22.9M |
| Cash & equivalents | $189.8M | $173.9M | $117.9M | $79.9M | $75.1M | $55.9M | $46.8M | $43.5M | $29.7M | $24.1M | $20.7M |
| Short-term investments | $685,000 | $633,000 | $5.8M | $446,000 | $305,000 | $241,000 | $225,000 | $1.8M | $2.3M | $2.2M | $2.2M |
| Receivables | $12.4M | $9.8M | $49.4M | $29.7M | $19.4M | $8.2M | $17.5M | $6.5M | $9.4M | $6.9M | $8.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$3.0M | −$3.0M |
| Other current assets | $9.3M | $12.7M | $0 | $13.5M | $13.7M | $13.2M | $14.7M | $17.4M | $17.1M | $18.1M | $16.5M |
| Total current assets | $212.2M | $197.0M | $173.0M | $123.5M | $108.5M | $77.5M | $79.2M | $69.2M | $58.5M | $48.3M | $45.1M |
| Property, plant & equipment (net) | $20.6M | $20.8M | $21.2M | $21.3M | $21.9M | $21.0M | $19.2M | $20.5M | $20.4M | $20.8M | $10.9M |
| Goodwill & intangible assets | $195.6M | $199.2M | $147.3M | $199.3M | $202.9M | $187.4M | $187.4M | $198.4M | $195.9M | $197.7M | $202.1M |
| Long-term investments | $59.5M | $59.3M | $76.7M | $79.2M | $71.5M | $69.4M | $72.8M | $89.4M | $97.8M | $93.0M | $93.5M |
| Other non-current assets | $27.9M | $28.0M | $106.2M | $42.9M | $34.7M | $30.8M | $30.2M | $35.0M | $33.6M | $29.9M | $27.3M |
| Total assets | $515.8M | $504.3M | $524.4M | $466.2M | $439.4M | $386.1M | $388.8M | $412.5M | $406.3M | $389.8M | $378.8M |
| Liabilities | |||||||||||
| Accounts payable | $7.4M | $13.3M | $9.9M | $14.5M | $14.8M | $8.3M | $7.6M | $7.4M | $8.6M | $12.4M | $12.6M |
| Short-term debt | — | — | — | — | — | — | $1.6M | — | — | — | — |
| Total current liabilities | $61.8M | $61.8M | $97.5M | $57.8M | $42.8M | $22.3M | $30.3M | $20.9M | $19.4M | $21.3M | $21.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.7M | $30.7M | $24.2M | $24.2M |
| Other long-term liabilities | $61.8M | $62.4M | $61.0M | $63.6M | $51.1M | $37.6M | $34.9M | $42.6M | $40.4M | $36.8M | $27.4M |
| Total liabilities | $123.6M | $124.2M | $158.5M | $121.4M | $94.0M | $60.0M | $65.2M | $82.2M | $90.4M | $82.4M | $73.1M |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $442.1M | $448.1M | $448.6M | $448.6M | $449.6M | $449.6M | $450.1M | $434.9M | $434.3M | $434.3M | $434.8M |
| Retained earnings (deficit) | $9.4M | −$14.5M | −$33.4M | −$51.9M | −$57.3M | −$63.0M | −$67.3M | −$71.2M | −$77.4M | −$84.3M | −$89.4M |
| Accumulated other comprehensive income | −$93.8M | −$88.0M | −$82.9M | −$87.0M | −$81.8M | −$95.4M | −$95.5M | −$79.6M | −$83.2M | −$80.8M | −$74.9M |
| Total shareholders' equity | $392.2M | $380.0M | $367.2M | $344.7M | $345.5M | $326.1M | $323.6M | $330.3M | $315.8M | $307.4M | $305.7M |
| Key figures | |||||||||||
| Total debt | — | — | — | — | — | — | $14.7M | $18.7M | $30.7M | $24.2M | $24.2M |
| Net cash (debt) | — | — | — | — | — | — | $32.4M | $26.6M | $1.3M | $2.1M | −$1.3M |
| Working capital | $150.4M | $135.2M | $75.5M | $65.7M | $65.7M | $55.2M | $48.9M | $48.2M | $39.1M | $27.0M | $23.6M |
| Tangible book value | $196.6M | $180.8M | $220.0M | $145.5M | $142.5M | $138.7M | $136.2M | $131.9M | $119.9M | $109.7M | $103.7M |
| Book value per share | $15.22 | $14.73 | $14.23 | $13.35 | $13.38 | $12.63 | $12.75 | $12.68 | $12.13 | $11.81 | $11.70 |
| Shares outstanding | 25.8M | 25.8M | 25.8M | 25.8M | 25.8M | 25.8M | 25.4M | 26.0M | 26.0M | 26.0M | 26.1M |
| Current ratio | 3.43 | 3.19 | 1.77 | 2.14 | 2.53 | 3.47 | 2.62 | 3.30 | 3.02 | 2.26 | 2.10 |
| Quick ratio | 3.28 | 2.98 | 1.77 | 1.90 | 2.21 | 2.88 | 2.13 | 2.47 | 2.14 | 1.55 | 1.47 |
| Debt / equity | — | — | — | — | — | — | 0.05 | 0.06 | 0.10 | 0.08 | 0.08 |
| Equity / assets | 76.0% | 75.4% | 70.0% | 73.9% | 78.6% | 84.5% | 83.2% | 80.1% | 77.7% | 78.9% | 80.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
SII financial position
At the end of fiscal 2025 (December 31, 2025), Sprott had total assets of $524.4 million (up 34.9% from a year earlier), total liabilities of $158.5 million and shareholders' equity of $367.2 million. Its current ratio was 1.77. In the latest quarter (ended June 30, 2026) total assets were $515.8 million and equity $392.2 million.
Related: SII income statement, SII cash flow statement, SII key metrics. See the SII stock overview for the latest quote and news.
SII balance sheet FAQ
What are Sprott's total assets?
Sprott reported total assets of $524.4 million at the end of fiscal 2025 (December 31, 2025), compared with $388.8 million a year earlier.
How much cash does Sprott have?
Sprott held $123.8 million in cash and short-term investments at the end of fiscal 2025.
What is Sprott's book value?
Sprott's shareholders' equity (book value) was $367.2 million at the end of fiscal 2025, or $14.22 per share.
What is Sprott's current ratio?
Sprott had current assets of $173.0 million and current liabilities of $97.5 million, a current ratio of 1.77 (it can cover its short-term obligations).
How much goodwill does Sprott have?
Sprott carried $147.3 million of goodwill and intangible assets, 28.1% of total assets, at the end of fiscal 2025.