Pan American Silver Balance Sheet Health
Financial Health criteria checks 5/6
Pan American Silver has a total shareholder equity of $6.6B and total debt of $737.9M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are $9.1B and $2.5B respectively. Pan American Silver's EBIT is $823.6M making its interest coverage ratio 64.9. It has cash and short-term investments of $910.8M.
Key information
11.14%
Debt to equity ratio
US$737.90m
Debt
| Interest coverage ratio | 64.9x |
| Cash | US$910.80m |
| Equity | US$6.62b |
| Total liabilities | US$2.52b |
| Total assets | US$9.15b |
Recent financial health updates
Recent updates
Pan American Silver Corp. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 15
Optimistic Investors Push Pan American Silver Corp. (TSE:PAAS) Shares Up 26% But Growth Is Lacking
Sep 04Pan American Silver Corp.'s (TSE:PAAS) Business Is Yet to Catch Up With Its Share Price
Apr 15Pan American Silver's (TSE:PAAS) Solid Profits Have Weak Fundamentals
Mar 04Is Pan American Silver (TSE:PAAS) Using Too Much Debt?
Feb 21Pinning Down Pan American Silver Corp.'s (TSE:PAAS) P/S Is Difficult Right Now
Dec 31Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($1.8B) exceed its short term liabilities ($766.4M).
Long Term Liabilities: PAAS's short term assets ($1.8B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PAAS has more cash than its total debt.
Reducing Debt: PAAS's debt to equity ratio has increased from 4.8% to 11.1% over the past 5 years.
Debt Coverage: PAAS's debt is well covered by operating cash flow (142.4%).
Interest Coverage: PAAS's interest payments on its debt are well covered by EBIT (64.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/23 10:12 |
| End of Day Share Price | 2025/11/21 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pan American Silver Corp. is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Murphy | BMO Capital Markets Equity Research |
| Kevin O'Halloran | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |