Pan American Silver Corp. (PAAS) quarterly balance sheet — complete assets, liabilities & equity history
Pan American Silver Corp. (PAAS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.58B | 2.66B | 2.54B | 2.19B | 1.77B | 1.95B | 1.76B | 1.72B | 1.51B | 1.35B | 1.32B | 1.39B | 1.48B | 1.4B | 1.46B | 804.4M | 797.99M | 872.3M | 982.62M | 1B |
| Cash & Short-Term Investments | 1.7B | 1.7B | 1.61B | 1.32B | 910.8M | 1.11B | 923M | 887.3M | 469.9M | 368.6M | 331.4M | 440.9M | 386M | 404.2M | 513.1M | 142.3M | 187.17M | 241.26M | 326.29M | 335.27M |
| Cash Only | 1.51B | 1.56B | 1.5B | 1.21B | 870.2M | 1.08B | 900.1M | 862.8M | 439M | 337.2M | 301.1M | 399.6M | 347.5M | 362.5M | 411.3M | 107M | 153.08M | 194.83M | 271.88M | 283.55M |
| Short-Term Investments | 190M | 138.83M | 119M | 103.81M | 40.6M | 28.3M | 22.9M | 24.5M | 30.9M | 31.4M | 30.3M | 41.3M | 38.5M | 41.7M | 101.8M | 35.3M | 34.09M | 46.43M | 54.41M | 51.72M |
| Accounts Receivable | 189M | 266.68M | 236M | 255.53M | 237.5M | 185.2M | 201.3M | 195.8M | 204.1M | 201.8M | 209.5M | 200.9M | 214.5M | 218.2M | 217.6M | 176.6M | 161M | 177.97M | 161.79M | 148.43M |
| Days Sales Outstanding | 20.84 | 20.88 | 19.17 | 18.94 | 22.75 | 21.66 | 23.11 | 22.57 | 26.07 | 27.27 | 31.05 | 28.54 | 32.3 | 30.99 | 45.45 | 41.36 | 46.01 | 45.4 | 31.73 | 33.09 |
| Inventory | 654M | 643.23M | 650M | 586.93M | 587.2M | 603.4M | 594.6M | 605.7M | 810.2M | 743.6M | 744.9M | 711.6M | 701.4M | 681.8M | 675.6M | 471.6M | 438.21M | 435.36M | 472.96M | 500.46M |
| Days Inventory Outstanding | 94.27 | 88.53 | 101.94 | 85.44 | 101.12 | 101.2 | 103.39 | 103.35 | 132.26 | 118.94 | 124.94 | 111.58 | 110.89 | 106.71 | 154.06 | 119.27 | 107.62 | 107.51 | 114.43 | 129.24 |
| Other Current Assets | 36M | 44.95M | 45M | 3.99M | 6.8M | 12.4M | 4.9M | 0 | 3.4M | 600K | 2.7M | 6.9M | 144.3M | 58.9M | 13M | 2.9M | 3.82M | 6.91M | 7.14M | 4M |
| Total Non-Current Assets | 7.6B | 7.49B | 7.59B | 7.53B | 7.37B | 5.41B | 5.44B | 5.48B | 5.64B | 5.7B | 5.76B | 5.82B | 6.06B | 7.56B | 7.65B | 2.44B | 2.4B | 2.45B | 2.56B | 2.52B |
| Property, Plant & Equipment | 5.25B | 5.29B | 5.3B | 5.33B | 5.28B | 5.26B | 5.29B | 5.33B | 5.52B | 5.57B | 5.61B | 5.68B | 5.89B | 7.37B | 7.47B | 2.23B | 2.22B | 2.24B | 2.33B | 2.34B |
| Fixed Asset Turnover | 0.19x | 0.21x | 0.22x | 0.23x | 0.16x | 0.15x | 0.15x | 0.15x | 0.13x | 0.12x | 0.11x | 0.12x | 0.09x | 0.09x | 0.08x | 0.17x | 0.15x | 0.15x | 0.19x | 0.18x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.8M | 2.8M | 0 | 2.77M | 5.99M | 5.33M | 2.77M | 2.77M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.95B | 1.93B | 2.01B | 1.97B | 1.9B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 121.2M | 86.98M | 112.47M | 126.11M | 78.66M |
| Other Non-Current Assets | 334M | 187.77M | 208M | 154.72M | 155.1M | 124.9M | 120.7M | 112.8M | 67.3M | 61.7M | 64.1M | 67.6M | 103.6M | 114.6M | 117.3M | 37.83M | 35.47M | 35.58M | 36.64M | 35.48M |
| Total Assets | 10.18B | 10.14B | 10.13B | 9.72B | 9.15B | 7.36B | 7.21B | 7.2B | 7.15B | 7.04B | 7.08B | 7.21B | 7.53B | 8.96B | 9.11B | 3.25B | 3.2B | 3.32B | 3.54B | 3.52B |
| Asset Turnover | 0.10x | 0.11x | 0.12x | 0.13x | 0.10x | 0.11x | 0.11x | 0.11x | 0.10x | 0.10x | 0.08x | 0.09x | 0.07x | 0.07x | 0.06x | 0.12x | 0.10x | 0.10x | 0.12x | 0.12x |
| Asset Growth % | 11.24% | 37.83% | 40.61% | 35.01% | 27.9% | 4.49% | 1.77% | -0.14% | -5.07% | -21.4% | -22.31% | 122.04% | 135.47% | 169.66% | 157.4% | -7.68% | -8.04% | -3.8% | 5.28% | 2.47% |
| Total Current Liabilities | 949M | 904.91M | 896M | 815.51M | 766.4M | 637.9M | 600.9M | 687M | 733.1M | 653.2M | 626M | 624.2M | 644.4M | 658.3M | 634.3M | 380.8M | 375.9M | 358.38M | 361.96M | 387.68M |
| Accounts Payable | 220M | 348.58M | 203M | 314.43M | 188.7M | 176.6M | 165.2M | 194.4M | 174.3M | 193.6M | 186.2M | 198.2M | 191.4M | 203.2M | 202.6M | 88.8M | 75.28M | 65.08M | 75.15M | 77.46M |
| Days Payables Outstanding | 41.32 | 37.76 | 42.65 | 36.61 | 31.03 | 28.87 | 30.98 | 26.91 | 31.32 | 30.35 | 32.98 | 30.77 | 31.63 | 31.9 | 39.13 | 21.51 | 17.29 | 16.6 | 17.94 | 18.85 |
| Short-Term Debt | 2M | 52.94M | 4M | 57.89M | 6M | 6.8M | 6.8M | 6.8M | 6.8M | 6.7M | 6.7M | 6.7M | 14.8M | 25M | 30.3M | 13.7M | 9.89M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 85M | 155.81M | 53M | 122.78M | 67M | 56.3M | 46.7M | 48.1M | 63.5M | 61.1M | 56.5M | 41.7M | 72.6M | 66.3M | 51.8M | 19.7M | 17.13M | 19.75M | 17.02M | 11.79M |
| Current Ratio | 2.72x | 2.94x | 2.84x | 2.69x | 2.31x | 3.05x | 2.93x | 2.50x | 2.06x | 2.06x | 2.11x | 2.23x | 2.29x | 2.13x | 2.30x | 2.11x | 2.12x | 2.43x | 2.71x | 2.58x |
| Quick Ratio | 2.03x | 2.23x | 2.11x | 1.97x | 1.55x | 2.11x | 1.94x | 1.62x | 0.96x | 0.92x | 0.92x | 1.09x | 1.20x | 1.09x | 1.24x | 0.87x | 0.96x | 1.22x | 1.41x | 1.29x |
| Cash Conversion Cycle | 73.79 | 71.65 | 78.47 | 67.77 | 92.85 | 93.99 | 95.53 | 99.01 | 127.02 | 115.86 | 123.02 | 109.35 | 111.55 | 105.79 | 160.37 | 139.12 | 136.33 | 136.32 | 128.22 | 143.48 |
| Total Non-Current Liabilities | 1.82B | 1.89B | 1.88B | 1.92B | 1.76B | 1.75B | 1.77B | 1.8B | 1.77B | 1.77B | 1.77B | 1.82B | 1.98B | 2.89B | 2.99B | 666.1M | 460.62M | 487.57M | 490.37M | 494.9M |
| Long-Term Debt | 718M | 713.14M | 712M | 792.56M | 707M | 704.8M | 703.4M | 702M | 700.7M | 699.5M | 698.2M | 697M | 704.9M | 1.01B | 1.06B | 180M | 21.67M | 23.33M | 11.05M | 11.9M |
| Capital Lease Obligations | 75M | 73.91M | 78M | 84.85M | 90.4M | 63.9M | 53.8M | 53.9M | 61.6M | 58.8M | 58.2M | 52.2M | 49.8M | 57.5M | 57.6M | 19.5M | 21.7M | 18.97M | 20.62M | 19.9M |
| Deferred Tax Liabilities | 417M | 427.49M | 410M | 434.21M | 435.7M | 455M | 491.9M | 521.7M | 504.3M | 526M | 517.8M | 541.6M | 733.4M | 1.16B | 1.21B | 140.3M | 144.12M | 159.66M | 171.43M | 184.78M |
| Other Non-Current Liabilities | 615M | 674.19M | 681M | 595.91M | 511.9M | 512.1M | 512.2M | 508.2M | 494.1M | 483M | 498.8M | 512.5M | 481.1M | 646.1M | 645.7M | 312.4M | 259.1M | 270.97M | 272.31M | 265.8M |
| Total Liabilities | 2.77B | 2.79B | 2.78B | 2.74B | 2.52B | 2.39B | 2.38B | 2.49B | 2.51B | 2.42B | 2.4B | 2.44B | 2.63B | 3.55B | 3.62B | 1.05B | 836.52M | 845.95M | 852.33M | 882.58M |
| Total Debt | 844M | 839.99M | 845M | 935.29M | 857M | 820.7M | 804.4M | 803.3M | 815.2M | 809.5M | 806.6M | 801.6M | 809.1M | 1.14B | 1.19B | 226.8M | 68.47M | 55.85M | 43.65M | 42.46M |
| Net Debt | -666M | -724.13M | -650M | -277.49M | -13.2M | -260.2M | -95.7M | -59.5M | 376.2M | 472.3M | 505.5M | 402M | 461.6M | 772.8M | 775.7M | 119.8M | -84.61M | -138.98M | -228.23M | -241.09M |
| Debt / Equity | 0.11x | 0.11x | 0.11x | 0.13x | 0.13x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.17x | 0.17x | 0.16x | 0.21x | 0.22x | 0.10x | 0.03x | 0.02x | 0.02x | 0.02x |
| Debt / EBITDA | 1.81x | 1.58x | 1.26x | 1.53x | 2.31x | 2.24x | 2.31x | 1.81x | 2.89x | 3.72x | 5.07x | 6.87x | 4.46x | 9.16x | 11.80x | - | 2.55x | - | 0.25x | 0.33x |
| Net Debt / EBITDA | -1.43x | -1.36x | -0.97x | -0.45x | -0.04x | -0.71x | -0.28x | -0.13x | 1.33x | 2.17x | 3.18x | 3.44x | 2.54x | 6.23x | 7.71x | - | -3.16x | - | -1.30x | -1.87x |
| Interest Coverage | 18.77x | 32.08x | 27.71x | 35.00x | 18.54x | 16.71x | 17.41x | 16.13x | 10.94x | 6.52x | 1.22x | -0.75x | 1.43x | -1.29x | 8.48x | -56.00x | -38.88x | -105.18x | 59.27x | 27.23x |
| Total Equity | 7.4B | 7.35B | 7.36B | 6.99B | 6.62B | 4.97B | 4.83B | 4.72B | 4.64B | 4.62B | 4.68B | 4.77B | 4.91B | 5.41B | 5.49B | 2.2B | 2.36B | 2.48B | 2.69B | 2.64B |
| Equity Growth % | 11.76% | 47.8% | 52.27% | 48.16% | 42.59% | 7.58% | 3.19% | -1.17% | -5.34% | -14.53% | -14.78% | 116.77% | 107.66% | 118.32% | 104.35% | -16.48% | -10.46% | -6.16% | 4.05% | 1.16% |
| Book Value per Share | 17.85 | 17.49 | 17.43 | 16.55 | 17.48 | 13.73 | 13.32 | 12.99 | 12.79 | 12.74 | 12.84 | 13.81 | 13.46 | 14.84 | 26.07 | 10.46 | 11.22 | 11.77 | 12.77 | 12.53 |
| Total Shareholders' Equity | 7.4B | 7.35B | 7.35B | 6.98B | 6.62B | 4.96B | 4.82B | 4.7B | 4.63B | 4.61B | 4.67B | 4.76B | 4.85B | 4.91B | 5B | 2.2B | 2.36B | 2.47B | 2.68B | 2.63B |
| Common Stock | 7.28B | 7.35B | 7.44B | 7.43B | 7.45B | 5.92B | 5.93B | 5.94B | 5.94B | 5.94B | 5.94B | 5.97B | 5.96B | 5.96B | 5.96B | 3.14B | 3.14B | 3.14B | 3.14B | 3.14B |
| Retained Earnings | 72M | -67.92M | -149M | -512.07M | -898.7M | -1.02B | -1.17B | -1.3B | -1.37B | -1.39B | -1.33B | -1.27B | -1.18B | -1.12B | -1.04B | -1.03B | -840.72M | -746.02M | -546.77M | -598.03M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -46M | 63.92M | -32M | 61.89M | -30.3M | -30.7M | -30.9M | -30.9M | -30.4M | -30.4M | -30.5M | -30.3M | -27.3M | -23.8M | -19.4M | -3M | -32.6M | -12.21M | 0 | 0 |
| Minority Interest | 3M | 2M | 1M | 3.99M | 6.1M | 14.3M | 13.8M | 13.1M | 12.9M | 12.5M | 12M | 11.8M | 58.8M | 499.2M | 495.5M | 6.1M | 5.44M | 5.12M | 4.77M | 4.45M |