Pan American Silver Balance Sheet Health
Financial Health criteria checks 4/6
Pan American Silver has a total shareholder equity of $4.6B and total debt of $731.5M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $7.2B and $2.5B respectively. Pan American Silver's EBIT is $193.9M making its interest coverage ratio 6. It has cash and short-term investments of $469.9M.
Key information
15.7%
Debt to equity ratio
US$731.50m
Debt
| Interest coverage ratio | 6x |
| Cash | US$469.90m |
| Equity | US$4.64b |
| Total liabilities | US$2.51b |
| Total assets | US$7.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PA2's short term assets ($1.5B) exceed its short term liabilities ($733.1M).
Long Term Liabilities: PA2's short term assets ($1.5B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PA2's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: PA2's debt to equity ratio has increased from 13.7% to 15.7% 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 PA2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PA2 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.2% per year.