Solitario Zinc Corp. (XPL) 10-Year Financial Performance & Capital Metrics

XPL • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

AboutSolitario Zinc Corp., an exploration stage company, engages in the acquisition and exploration of zinc and other base metal properties in North and South America. The company holds a 50% operating interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru. It also holds interest in the Golden Crest project located in western South Dakota, Lawrence County. The company was formerly known as Solitario Exploration & Royalty Corp. and changed its name to Solitario Zinc Corp. in July 2017. Solitario Zinc Corp. was incorporated in 1984 and is based in Wheat Ridge, Colorado.Show more

Revenue $0
EBITDA -$6M -47.8%
Net Income -$5M -43.0%
EPS (Diluted) -0.07 -21.4%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -22.15% -40.4%
ROIC -18.79% -43.7%
Debt/Equity 0.00 -35.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Shares diluted 17.8% in last year
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM5.25%

ROCE

10Y Avg-13.24%

5Y Avg-14.75%

3Y Avg-19.42%

Latest-24.81%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.58B	11.94	-7.70	7.51%	-0.57%	-1.29%	5.74%	1.75
XPLSolitario Zinc Corp.	66.36M	0.73	-11.01			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.12B	2.02	-30.06			-131.85%		0.04
WRNWestern Copper and Gold Corporation	682.95M	3.38	-91.85			-1.85%		0.00
TMQTrilogy Metals Inc.	968.2M	5.66	-108.43		-1151.79%	-7.14%		0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	502K	0	0	0	0	0	0
Revenue Growth %	-1%	-	-	-	-1%	-	-	-	-	-
Cost of Goods Sold+	100K	633K	712K	1.28M	0	438K	1.23M	2.31M	66K	69K
COGS % of Revenue	-	-	-	2.55%	-	-	-	-	-	-
Gross Profit+	-100K	-633K	-712K	-777K	0	-438K	-1.23M	-2.31M	-66K	-69K
Gross Margin %	-	-	-	-1.55%	-	-	-	-	-	-
Gross Profit Growth %	-0.09%	-5.33%	-0.12%	-0.09%	1%	-	-1.8%	-0.89%	0.97%	-0.05%
Operating Expenses+	1.97M	2.16M	1.2M	1.95M	3.17M	1.04M	952K	1.36M	4.05M	5.99M
OpEx % of Revenue	-	-	-	3.89%	-	-	-	-	-	-
Selling, General & Admin	1.97M	2.16M	1.2M	1.95M	3.17M	1.04M	952K	1.36M	4.05M	5.99M
SG&A % of Revenue	-	-	-	3.89%	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-2.06M	-2.8M	-1.91M	-2.73M	-3.17M	-1.48M	-2.18M	-3.67M	-4.12M	-6.05M
Operating Margin %	-	-	-	-5.44%	-	-	-	-	-	-
Operating Income Growth %	0.09%	-0.35%	0.32%	-0.43%	-0.16%	0.53%	-0.47%	-0.69%	-0.12%	-0.47%
EBITDA+	-2.05M	-2.79M	-1.9M	-2.71M	-3.15M	-1.42M	-2.11M	-3.6M	-4.05M	-5.99M
EBITDA Margin %	-	-	-	-5.39%	-	-	-	-	-	-
EBITDA Growth %	0.09%	-0.36%	0.32%	-0.42%	-0.16%	0.55%	-0.49%	-0.71%	-0.12%	-0.48%
D&A (Non-Cash Add-back)	11K	5K	13K	25K	25K	63K	67K	69K	66K	69K
EBIT	-2.06M	-2.06M	-1.91M	-2.73M	-3.2M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Net Interest Income+	12K	44K	0	192K	252K	127K	123K	-532K	191K	372K
Interest Income	12K	44K	0	192K	252K	127K	123K	131K	191K	372K
Interest Expense	0	0	123K	0	0	0	0	663K	0	0
Other Income/Expense	-826K	-353K	972K	-867K	-114K	543K	-190K	-256K	361K	686K
Pretax Income+	-2.88M	-2.06M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Pretax Margin %	-	-	-	-7.17%	-	-	-	-	-	-
Income Tax+	560K	-353K	0	0	0	0	0	0	0	0
Effective Tax Rate %	-3.08%	0.83%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	8.87M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Net Margin %	-	-	-	-7.17%	-	-	-	-	-	-
Net Income Growth %	5.84%	-1.19%	0.45%	-2.82%	0.09%	0.71%	-1.52%	-0.66%	0.04%	-0.43%
Net Income (Continuing)	-3.44M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Discontinued Operations	12.31M	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.23	-0.04	-0.02	-0.06	-0.07	-0.02	-0.04	-0.06	-0.05	-0.07
EPS Growth %	5.89%	-1.19%	0.55%	-2.15%	-0.06%	0.75%	-1.49%	-0.52%	0.11%	-0.21%
EPS (Basic)	0.23	-0.04	-0.02	-0.06	-0.07	-0.02	-0.04	-0.06	-0.05	-0.07
Diluted Shares Outstanding	39.29M	38.91M	47.99M	58.36M	58.14M	58.12M	58.71M	64.26M	68.74M	81M
Basic Shares Outstanding	39.29M	38.91M	47.99M	58.36M	58.14M	58.12M	58.71M	64.26M	68.74M	81M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	17.99M	16.8M	14.61M	12.14M	8.76M	8.05M	7.16M	5.25M	9.94M	5.99M
Cash & Short-Term Investments	17.92M	16.71M	14.5M	11.93M	8.44M	8.02M	6.86M	5.22M	9.67M	5.93M
Cash Only	17.72M	119K	214K	117K	574K	605K	462K	316K	200K	81K
Short-Term Investments	202K	16.59M	14.29M	11.81M	7.87M	7.42M	6.39M	4.9M	9.47M	5.84M
Accounts Receivable	0	0	0	0	268K	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	46K	0	0	38K	273K	66K
Total Non-Current Assets+	64K	817K	15.78M	15.77M	15.78M	15.75M	16.46M	16.78M	16.82M	17.05M
Property, Plant & Equipment	60K	78K	15.78M	15.76M	15.75M	15.7M	16.45M	16.78M	16.81M	16.81M
Fixed Asset Turnover	-	-	-	0.03x	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	735K	0	0	21K	0	0	0	0	0
Other Non-Current Assets	4K	4K	4K	4K	4K	53K	7K	4K	4K	234K
Total Assets+	18.05M	17.61M	30.39M	27.9M	24.53M	23.8M	23.62M	22.03M	26.76M	23.04M
Asset Turnover	-	-	-	0.02x	-	-	-	-	-	-
Asset Growth %	-0.05%	-0.02%	0.73%	-0.08%	-0.12%	-0.03%	-0.01%	-0.07%	0.21%	-0.14%
Total Current Liabilities+	179K	126K	141K	688K	269K	174K	276K	263K	632K	368K
Accounts Payable	175K	124K	141K	688K	228K	157K	239K	228K	593K	258K
Days Payables Outstanding	638.75	71.5	72.28	196.34	-	130.83	71.21	35.99	3.28K	1.36K
Short-Term Debt	0	0	0	0	41K	10K	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	-228K	-593K	0
Other Current Liabilities	4K	2K	0	0	0	0	0	228K	593K	67K
Current Ratio	100.50x	133.31x	103.64x	17.64x	32.55x	46.26x	25.94x	19.98x	15.73x	16.28x
Quick Ratio	100.50x	133.31x	103.64x	17.64x	32.55x	46.26x	25.94x	19.98x	15.73x	16.28x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	0	125K	125K	132K	125K	160K	125K	175K	152K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	7K	0	35K	0	50K	7K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	125K	125K	125K	125K	125K	125K	125K	145K
Total Liabilities	179K	126K	266K	813K	401K	299K	436K	388K	807K	520K
Total Debt+	0	0	0	0	48K	17K	72K	35K	89K	50K
Net Debt	-17.72M	-119K	-214K	-117K	-526K	-588K	-390K	-281K	-111K	-31K
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-15.56x	-	-	-	-	-5.54x	-	-
Total Equity+	17.88M	17.49M	30.13M	27.09M	24.13M	23.5M	23.18M	21.65M	25.95M	22.52M
Equity Growth %	1.64%	-0.02%	0.72%	-0.1%	-0.11%	-0.03%	-0.01%	-0.07%	0.2%	-0.13%
Book Value per Share	0.45	0.45	0.63	0.46	0.42	0.40	0.39	0.34	0.38	0.28
Total Shareholders' Equity	17.88M	17.49M	30.13M	27.09M	24.13M	23.5M	23.18M	21.65M	25.95M	22.52M
Common Stock	392K	387K	584K	582K	581K	581K	620K	648K	796K	816K
Retained Earnings	-37.69M	-39.4M	-40.34M	-43.37M	-46.65M	-47.59M	-49.96M	-53.89M	-57.64M	-63.01M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	111K	712K	576K	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.72M	-1.83M	-1.66M	-1.36M	-2.64M	-1.01M	-2.16M	-2.9M	-3.26M	-5.1M
Operating CF Margin %	-	-	-	-2.7%	-	-	-	-	-	-
Operating CF Growth %	-0.07%	-0.07%	0.1%	0.18%	-0.94%	0.62%	-1.14%	-0.34%	-0.13%	-0.56%
Net Income	8.87M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Depreciation & Amortization	11K	5K	13K	25K	62K	63K	67K	69K	66K	69K
Stock-Based Compensation	566K	970K	50K	660K	343K	315K	124K	338K	247K	666K
Deferred Taxes	560K	-353K	0	0	0	0	323K	0	0	0
Other Non-Cash Items	-11.67M	-689K	-849K	1.06M	749K	-359K	-10K	407K	-170K	-294K
Working Capital Changes	-57K	-58K	70K	497K	-504K	-90K	-294K	214K	348K	-172K
Change in Receivables	0	0	0	0	-223K	0	0	0	0	0
Change in Inventory	0	0	0	0	223K	0	0	0	0	0
Change in Payables	-4K	-51K	18K	547K	-497K	-128K	-17K	-51K	328K	-379K
Cash from Investing+	23.83M	-15.52M	1.78M	1.36M	3.11M	976K	90K	701K	-4.41M	3.94M
Capital Expenditures	-8K	-40K	-2K	-10K	-5K	0	-635K	-340K	0	-67K
CapEx % of Revenue	-	-	-	0.02%	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-1.06M	-1K	-1.5M	-10K	-5K	0	-39K	-50K	-11K	4M
Cash from Financing+	-4.88M	-248K	-32K	-101K	-13K	65K	1.92M	2.05M	7.56M	1.27M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	188K	0	0	0	0	0	83K	30K	459K	54K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-1.73M	-1.88M	-1.66M	-1.37M	-2.64M	-1.01M	-2.79M	-3.24M	-3.26M	-5.15M
FCF Margin %	-	-	-	-2.72%	-	-	-	-	-	-
FCF Growth %	0.52%	-0.08%	0.11%	0.18%	-0.93%	0.62%	-1.76%	-0.16%	-0.01%	-0.58%
FCF per Share	-0.04	-0.05	-0.03	-0.02	-0.05	-0.02	-0.05	-0.05	-0.05	-0.06
FCF Conversion (FCF/Net Income)	-0.19x	1.07x	1.76x	0.38x	0.80x	1.08x	0.91x	0.74x	0.87x	0.95x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	71.97%	-9.67%	-3.96%	-12.58%	-12.84%	-3.94%	-10.14%	-17.52%	-15.77%	-22.15%
Return on Invested Capital (ROIC)	-28.34%	-23.93%	-6.07%	-7.2%	-9.42%	-4.78%	-7.14%	-12.47%	-13.08%	-18.79%
Gross Margin	-	-	-	-154.78%	-	-	-	-	-	-
Net Margin	-	-	-	-716.73%	-	-	-	-	-	-
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-	-	-15.56x	-	-	-	-	-5.54x	-	-
FCF Conversion	-0.19x	1.07x	1.76x	0.38x	0.80x	1.08x	0.91x	0.74x	0.87x	0.95x
Revenue Growth	-100%	-	-	-	-100%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Solitario Zinc Corp. (XPL) grew revenue by 0.0% over the past year. Growth has been modest.

Solitario Zinc Corp. (XPL) reported a net loss of $4.9M for fiscal year 2024.

Dividend & Returns

Solitario Zinc Corp. (XPL) has a return on equity (ROE) of -22.1%. Negative ROE indicates the company is unprofitable.

Solitario Zinc Corp. (XPL) had negative free cash flow of $4.0M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Solitario Zinc Corp. (XPL) 10-Year Financial Performance & Capital Metrics

XPL • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

Revenue $0
EBITDA -$6M -47.8%
Net Income -$5M -43.0%
EPS (Diluted) -0.07 -21.4%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -22.15% -40.4%
ROIC -18.79% -43.7%
Debt/Equity 0.00 -35.3%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Shares diluted 17.8% in last year
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2.37%

EPS CAGR

10Y-

5Y-

3Y-

TTM5.25%

ROCE

10Y Avg-13.24%

5Y Avg-14.75%

3Y Avg-19.42%

Latest-24.81%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.58B	11.94	-7.70	7.51%	-0.57%	-1.29%	5.74%	1.75
XPLSolitario Zinc Corp.	66.36M	0.73	-11.01			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.12B	2.02	-30.06			-131.85%		0.04
WRNWestern Copper and Gold Corporation	682.95M	3.38	-91.85			-1.85%		0.00
TMQTrilogy Metals Inc.	968.2M	5.66	-108.43		-1151.79%	-7.14%		0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	502K	0	0	0	0	0	0
Revenue Growth %	-1%	-	-	-	-1%	-	-	-	-	-
Cost of Goods Sold+	100K	633K	712K	1.28M	0	438K	1.23M	2.31M	66K	69K
COGS % of Revenue	-	-	-	2.55%	-	-	-	-	-	-
Gross Profit+	-100K	-633K	-712K	-777K	0	-438K	-1.23M	-2.31M	-66K	-69K
Gross Margin %	-	-	-	-1.55%	-	-	-	-	-	-
Gross Profit Growth %	-0.09%	-5.33%	-0.12%	-0.09%	1%	-	-1.8%	-0.89%	0.97%	-0.05%
Operating Expenses+	1.97M	2.16M	1.2M	1.95M	3.17M	1.04M	952K	1.36M	4.05M	5.99M
OpEx % of Revenue	-	-	-	3.89%	-	-	-	-	-	-
Selling, General & Admin	1.97M	2.16M	1.2M	1.95M	3.17M	1.04M	952K	1.36M	4.05M	5.99M
SG&A % of Revenue	-	-	-	3.89%	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-2.06M	-2.8M	-1.91M	-2.73M	-3.17M	-1.48M	-2.18M	-3.67M	-4.12M	-6.05M
Operating Margin %	-	-	-	-5.44%	-	-	-	-	-	-
Operating Income Growth %	0.09%	-0.35%	0.32%	-0.43%	-0.16%	0.53%	-0.47%	-0.69%	-0.12%	-0.47%
EBITDA+	-2.05M	-2.79M	-1.9M	-2.71M	-3.15M	-1.42M	-2.11M	-3.6M	-4.05M	-5.99M
EBITDA Margin %	-	-	-	-5.39%	-	-	-	-	-	-
EBITDA Growth %	0.09%	-0.36%	0.32%	-0.42%	-0.16%	0.55%	-0.49%	-0.71%	-0.12%	-0.48%
D&A (Non-Cash Add-back)	11K	5K	13K	25K	25K	63K	67K	69K	66K	69K
EBIT	-2.06M	-2.06M	-1.91M	-2.73M	-3.2M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Net Interest Income+	12K	44K	0	192K	252K	127K	123K	-532K	191K	372K
Interest Income	12K	44K	0	192K	252K	127K	123K	131K	191K	372K
Interest Expense	0	0	123K	0	0	0	0	663K	0	0
Other Income/Expense	-826K	-353K	972K	-867K	-114K	543K	-190K	-256K	361K	686K
Pretax Income+	-2.88M	-2.06M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Pretax Margin %	-	-	-	-7.17%	-	-	-	-	-	-
Income Tax+	560K	-353K	0	0	0	0	0	0	0	0
Effective Tax Rate %	-3.08%	0.83%	1%	1%	1%	1%	1%	1%	1%	1%
Net Income+	8.87M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Net Margin %	-	-	-	-7.17%	-	-	-	-	-	-
Net Income Growth %	5.84%	-1.19%	0.45%	-2.82%	0.09%	0.71%	-1.52%	-0.66%	0.04%	-0.43%
Net Income (Continuing)	-3.44M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Discontinued Operations	12.31M	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.23	-0.04	-0.02	-0.06	-0.07	-0.02	-0.04	-0.06	-0.05	-0.07
EPS Growth %	5.89%	-1.19%	0.55%	-2.15%	-0.06%	0.75%	-1.49%	-0.52%	0.11%	-0.21%
EPS (Basic)	0.23	-0.04	-0.02	-0.06	-0.07	-0.02	-0.04	-0.06	-0.05	-0.07
Diluted Shares Outstanding	39.29M	38.91M	47.99M	58.36M	58.14M	58.12M	58.71M	64.26M	68.74M	81M
Basic Shares Outstanding	39.29M	38.91M	47.99M	58.36M	58.14M	58.12M	58.71M	64.26M	68.74M	81M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	17.99M	16.8M	14.61M	12.14M	8.76M	8.05M	7.16M	5.25M	9.94M	5.99M
Cash & Short-Term Investments	17.92M	16.71M	14.5M	11.93M	8.44M	8.02M	6.86M	5.22M	9.67M	5.93M
Cash Only	17.72M	119K	214K	117K	574K	605K	462K	316K	200K	81K
Short-Term Investments	202K	16.59M	14.29M	11.81M	7.87M	7.42M	6.39M	4.9M	9.47M	5.84M
Accounts Receivable	0	0	0	0	268K	0	0	0	0	0
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	0	0	0	0	46K	0	0	38K	273K	66K
Total Non-Current Assets+	64K	817K	15.78M	15.77M	15.78M	15.75M	16.46M	16.78M	16.82M	17.05M
Property, Plant & Equipment	60K	78K	15.78M	15.76M	15.75M	15.7M	16.45M	16.78M	16.81M	16.81M
Fixed Asset Turnover	-	-	-	0.03x	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	735K	0	0	21K	0	0	0	0	0
Other Non-Current Assets	4K	4K	4K	4K	4K	53K	7K	4K	4K	234K
Total Assets+	18.05M	17.61M	30.39M	27.9M	24.53M	23.8M	23.62M	22.03M	26.76M	23.04M
Asset Turnover	-	-	-	0.02x	-	-	-	-	-	-
Asset Growth %	-0.05%	-0.02%	0.73%	-0.08%	-0.12%	-0.03%	-0.01%	-0.07%	0.21%	-0.14%
Total Current Liabilities+	179K	126K	141K	688K	269K	174K	276K	263K	632K	368K
Accounts Payable	175K	124K	141K	688K	228K	157K	239K	228K	593K	258K
Days Payables Outstanding	638.75	71.5	72.28	196.34	-	130.83	71.21	35.99	3.28K	1.36K
Short-Term Debt	0	0	0	0	41K	10K	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	-228K	-593K	0
Other Current Liabilities	4K	2K	0	0	0	0	0	228K	593K	67K
Current Ratio	100.50x	133.31x	103.64x	17.64x	32.55x	46.26x	25.94x	19.98x	15.73x	16.28x
Quick Ratio	100.50x	133.31x	103.64x	17.64x	32.55x	46.26x	25.94x	19.98x	15.73x	16.28x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	0	125K	125K	132K	125K	160K	125K	175K	152K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	7K	0	35K	0	50K	7K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	125K	125K	125K	125K	125K	125K	125K	145K
Total Liabilities	179K	126K	266K	813K	401K	299K	436K	388K	807K	520K
Total Debt+	0	0	0	0	48K	17K	72K	35K	89K	50K
Net Debt	-17.72M	-119K	-214K	-117K	-526K	-588K	-390K	-281K	-111K	-31K
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-	-15.56x	-	-	-	-	-5.54x	-	-
Total Equity+	17.88M	17.49M	30.13M	27.09M	24.13M	23.5M	23.18M	21.65M	25.95M	22.52M
Equity Growth %	1.64%	-0.02%	0.72%	-0.1%	-0.11%	-0.03%	-0.01%	-0.07%	0.2%	-0.13%
Book Value per Share	0.45	0.45	0.63	0.46	0.42	0.40	0.39	0.34	0.38	0.28
Total Shareholders' Equity	17.88M	17.49M	30.13M	27.09M	24.13M	23.5M	23.18M	21.65M	25.95M	22.52M
Common Stock	392K	387K	584K	582K	581K	581K	620K	648K	796K	816K
Retained Earnings	-37.69M	-39.4M	-40.34M	-43.37M	-46.65M	-47.59M	-49.96M	-53.89M	-57.64M	-63.01M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	111K	712K	576K	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.72M	-1.83M	-1.66M	-1.36M	-2.64M	-1.01M	-2.16M	-2.9M	-3.26M	-5.1M
Operating CF Margin %	-	-	-	-2.7%	-	-	-	-	-	-
Operating CF Growth %	-0.07%	-0.07%	0.1%	0.18%	-0.94%	0.62%	-1.14%	-0.34%	-0.13%	-0.56%
Net Income	8.87M	-1.71M	-942K	-3.6M	-3.29M	-939K	-2.37M	-3.93M	-3.75M	-5.37M
Depreciation & Amortization	11K	5K	13K	25K	62K	63K	67K	69K	66K	69K
Stock-Based Compensation	566K	970K	50K	660K	343K	315K	124K	338K	247K	666K
Deferred Taxes	560K	-353K	0	0	0	0	323K	0	0	0
Other Non-Cash Items	-11.67M	-689K	-849K	1.06M	749K	-359K	-10K	407K	-170K	-294K
Working Capital Changes	-57K	-58K	70K	497K	-504K	-90K	-294K	214K	348K	-172K
Change in Receivables	0	0	0	0	-223K	0	0	0	0	0
Change in Inventory	0	0	0	0	223K	0	0	0	0	0
Change in Payables	-4K	-51K	18K	547K	-497K	-128K	-17K	-51K	328K	-379K
Cash from Investing+	23.83M	-15.52M	1.78M	1.36M	3.11M	976K	90K	701K	-4.41M	3.94M
Capital Expenditures	-8K	-40K	-2K	-10K	-5K	0	-635K	-340K	0	-67K
CapEx % of Revenue	-	-	-	0.02%	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-1.06M	-1K	-1.5M	-10K	-5K	0	-39K	-50K	-11K	4M
Cash from Financing+	-4.88M	-248K	-32K	-101K	-13K	65K	1.92M	2.05M	7.56M	1.27M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	188K	0	0	0	0	0	83K	30K	459K	54K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-1.73M	-1.88M	-1.66M	-1.37M	-2.64M	-1.01M	-2.79M	-3.24M	-3.26M	-5.15M
FCF Margin %	-	-	-	-2.72%	-	-	-	-	-	-
FCF Growth %	0.52%	-0.08%	0.11%	0.18%	-0.93%	0.62%	-1.76%	-0.16%	-0.01%	-0.58%
FCF per Share	-0.04	-0.05	-0.03	-0.02	-0.05	-0.02	-0.05	-0.05	-0.05	-0.06
FCF Conversion (FCF/Net Income)	-0.19x	1.07x	1.76x	0.38x	0.80x	1.08x	0.91x	0.74x	0.87x	0.95x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	71.97%	-9.67%	-3.96%	-12.58%	-12.84%	-3.94%	-10.14%	-17.52%	-15.77%	-22.15%
Return on Invested Capital (ROIC)	-28.34%	-23.93%	-6.07%	-7.2%	-9.42%	-4.78%	-7.14%	-12.47%	-13.08%	-18.79%
Gross Margin	-	-	-	-154.78%	-	-	-	-	-	-
Net Margin	-	-	-	-716.73%	-	-	-	-	-	-
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Interest Coverage	-	-	-15.56x	-	-	-	-	-5.54x	-	-
FCF Conversion	-0.19x	1.07x	1.76x	0.38x	0.80x	1.08x	0.91x	0.74x	0.87x	0.95x
Revenue Growth	-100%	-	-	-	-100%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Solitario Zinc Corp. (XPL) grew revenue by 0.0% over the past year. Growth has been modest.

Solitario Zinc Corp. (XPL) reported a net loss of $4.9M for fiscal year 2024.

Dividend & Returns

Solitario Zinc Corp. (XPL) has a return on equity (ROE) of -22.1%. Negative ROE indicates the company is unprofitable.

Solitario Zinc Corp. (XPL) had negative free cash flow of $4.0M in fiscal year 2024, likely due to heavy capital investments.