Pan American Silver Corp. (TSX:PAAS)

Pan American Silver Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,566	1,215	863	399.6	107	283.55
Short-Term Investments	139	104	24	41.3	35.3	51.72
Cash & Short-Term Investments	1,705	1,319	887	440.9	142.3	335.27
Cash Growth	53.71%	48.70%	101.18%	209.84%	-57.56%	20.14%
Accounts Receivable	222	112	31	17.5	28.7	40.02
Other Receivables	45	136	157	173	138.7	96.52
Receivables	267	248	188	190.5	167.7	137.2
Inventory	644	588	606	711.6	471.6	500.46
Prepaid Expenses	-	29	32	29.7	11	13.01
Other Current Assets	45	12	7	17.3	11.8	15.22
Total Current Assets	2,661	2,196	1,720	1,390	804.4	1,001
Property, Plant & Equipment	5,301	5,338	5,325	5,675	2,226	2,345
Long-Term Investments	1,892	1,948	-	-	121.2	78.66
Goodwill	-	-	-	-	-	2.78
Long-Term Deferred Tax Assets	73	83	45	80.4	55.9	55.95
Other Long-Term Assets	230	177	113	67.6	40.6	35.48
Total Assets	10,157	9,742	7,203	7,213	3,249	3,519

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	199	187	194	198.2	88.8	77.46
Accrued Expenses	236	234	177	155.6	108	121.42
Current Portion of Long-Term Debt	3	5	7	6.7	13.7	3.4
Current Portion of Leases	50	53	41	45.7	13.6	10.66
Current Income Taxes Payable	202	164	102	32.1	25.8	59.13
Other Current Liabilities	216	174	166	185.9	130.9	115.6
Total Current Liabilities	906	817	687	624.2	380.8	387.68
Long-Term Debt	714	730	723	718.6	200.8	32.69
Long-Term Leases	74	85	54	52.2	19.5	19.9
Long-Term Unearned Revenue	-	13	13	13.1	13.9	12.52
Long-Term Deferred Tax Liabilities	428	435	522	541.6	140.3	184.79
Other Long-Term Liabilities	675	661	487	490.9	291.6	245.01
Total Liabilities	2,797	2,741	2,486	2,441	1,047	882.58

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	7,362	7,448	5,940	5,967	3,140	3,136
Retained Earnings	-68	-513	-1,299	-1,270	-1,035	-598.04
Comprehensive Income & Other	64	62	63	63.7	90.3	93.38
Total Common Equity	7,358	6,997	4,704	4,761	2,196	2,632
Minority Interest	2	4	13	11.8	6.1	4.45
Shareholders' Equity	7,360	7,001	4,717	4,773	2,202	2,636
Total Liabilities & Equity	10,157	9,742	7,203	7,213	3,249	3,519

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	841	873	825	823.2	247.6	66.65
Net Cash (Debt)	864	446	62	-382.3	-105.3	268.62
Net Cash Growth	223.72%	619.36%	-	-	-	19.55%
Net Cash Per Share	2.10	1.17	0.17	-1.17	-0.50	1.28
Filing Date Shares Outstanding	417.07	421.88	362.14	364.66	210.68	210.74
Total Common Shares Outstanding	417.07	421.85	363.04	364.66	210.68	210.46
Working Capital	1,755	1,379	1,033	765.8	423.6	613.49
Book Value Per Share	17.64	16.59	12.96	13.06	10.42	12.50
Tangible Book Value	7,358	6,997	4,704	4,761	2,196	2,629
Tangible Book Value Per Share	17.64	16.59	12.96	13.06	10.42	12.49
Land	-	-	-	-	-	6.37
Machinery	2,309	2,260	2,192	2,053	1,281	1,288

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error