Pan American Silver Balance Sheet Health
Financial Health criteria checks 4/6
Pan American Silver has a total shareholder equity of $4.7B and total debt of $727.6M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are $7.1B and $2.4B respectively. Pan American Silver's EBIT is $24.2M making its interest coverage ratio 0.5. It has cash and short-term investments of $331.4M.
Key information
15.5%
Debt to equity ratio
US$727.60m
Debt
Interest coverage ratio | 0.5x |
Cash | US$331.40m |
Equity | US$4.68b |
Total liabilities | US$2.40b |
Total assets | US$7.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($1.3B) exceed its short term liabilities ($626.0M).
Long Term Liabilities: PAAS's short term assets ($1.3B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PAAS's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: PAAS's debt to equity ratio has increased from 14.8% to 15.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PAAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PAAS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.5% per year.