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
Pan American Silver: One Of The Better Options For Silver Exposure
Dec 16Pan American Silver: Production Growth Visibility Amid Upside In Precious Metals
Nov 12Pan American Silver: Positioned For Growth Amid Higher Gold, Silver Prices
Sep 30Pan American Silver: Better Outlook For H2, But Almost Everything Is Already Priced In
Sep 20Pan American Silver: A Stronger H2 On Deck
Aug 14Pan American Silver: Solid Production Trends, But Shares Near Fair Value
Aug 07Pan American Silver: Significant Margin Expansion On Deck In Q2
May 28Pan 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 19Financial Position Analysis
Short Term Liabilities: PAAS's short term assets ($1.5B) exceed its short term liabilities ($733.1M).
Long Term Liabilities: PAAS's short term assets ($1.5B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: PAAS's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: PAAS'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 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 8.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 00:19 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Pan American Silver Corp. is covered by 31 analysts. 6 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 |
|---|---|
| ANDREW KAIP | BMO Capital Markets Equity Research |
| Lawson Winder | BofA Global Research |
| Adam Graf | B. Riley Securities, Inc. |