Pan American Silver Balance Sheet Health
Financial Health criteria checks 4/6
Pan American Silver has a total shareholder equity of $4.8B and total debt of $725.3M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $7.2B and $2.4B respectively. Pan American Silver's EBIT is $35.0M making its interest coverage ratio 1. It has cash and short-term investments of $440.9M.
Key information
15.2%
Debt to equity ratio
US$725.30m
Debt
| Interest coverage ratio | 1x |
| Cash | US$440.90m |
| Equity | US$4.77b |
| Total liabilities | US$2.44b |
| Total assets | US$7.21b |
Recent financial health updates
No updates
Recent updates
Pan American Silver: Has The Potential To Improve Performance Significantly
Apr 24Pan American Silver: An Improved 2024 Margin Outlook
Mar 13Pan American Silver: A Higher Cost Year On Deck
Feb 01Pan American Silver: A Top Risk/Reward Leverage Idea On Precious Metals
Jan 13Brutal Q3 For Pan American Silver: Traders On Alert
Nov 08Pan American Silver Has Glittering Prospects With Asset Optimization
Oct 25Pan American Silver: Growing Reserve Base, Improving Profitability, But High Operational Risk
Sep 19Pan American Silver: Significant Reserve Growth Following Yamana Acquisition
Aug 27Pan American Silver: A Better Q2 With Higher-Margin Yamana Assets
Aug 11Pan American Silver: An Elite Gold/Silver Producer
Jun 12Pan American Silver: Trading At A Deep Discount To Fair Value
Jun 01Pan American Silver: A Bigger Company Now
May 23Pan American Silver: Trading At Its Cheapest Levels Since March 2020
Sep 19Pan American Silver: Further Weakness Should Provide A Buying Opportunity
Aug 08Pan American Silver: A Sector Leader Being Thrown Out With The Bathwater
May 12Pan American Silver: Waiting For The Escobal Mine To Reopen
Apr 04Pan American Silver: Leverage To Silver At A Reasonable Price
Mar 03Pan American Silver: Further Weakness Should Present A Buying Opportunity
Jan 24Pan American Silver: Entering The New Year At A Reasonable Valuation
Jan 03Pan American Silver: A Better H2 Ahead
Oct 18Pan American Silver: The Recent Selloff Is An Opportunity
Aug 12Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($1.4B) exceed its short term liabilities ($624.2M).
Long Term Liabilities: PAAS's short term assets ($1.4B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PAAS's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: PAAS's debt to equity ratio has increased from 1.4% to 15.2% 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 16.8% per year.