Pan Financial Statements From 2010 to 2024

PAAS Stock  CAD 31.06  0.23  0.75%   
Pan American financial statements provide useful quarterly and yearly information to potential Pan American Silver investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Pan American financial statements helps investors assess Pan American's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Pan American's valuation are summarized below:
Gross Profit
319.3 M
Profit Margin
(0.02)
Market Capitalization
11.2 B
Enterprise Value Revenue
3.1134
Revenue
2.7 B
We have found one hundred twenty available trending fundamental ratios for Pan American Silver, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Pan American's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 29th of November 2024, Market Cap is likely to grow to about 5 B. Also, Enterprise Value is likely to grow to about 5.4 B

Pan American Total Revenue

2.43 Billion

Check Pan American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pan American's main balance sheet or income statement drivers, such as Interest Expense of 54 M, Total Revenue of 2.4 B or Gross Profit of 733.7 M, as well as many indicators such as Price To Sales Ratio of 2.19, Dividend Yield of 0.0127 or PTB Ratio of 1.06. Pan financial statements analysis is a perfect complement when working with Pan American Valuation or Volatility modules.
  
This module can also supplement various Pan American Technical models . Check out the analysis of Pan American Correlation against competitors.

Pan American Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding342.9 M326.5 M178.7 M
Slightly volatile
Total Assets7.6 B7.2 B3.1 B
Slightly volatile
Other Current Liabilities316.1 M301 M137.1 M
Slightly volatile
Total Current Liabilities655.4 M624.2 M275.3 M
Slightly volatile
Total Stockholder EquityB4.8 B2.2 B
Slightly volatile
Property Plant And Equipment NetB5.7 B2.2 B
Slightly volatile
Accounts Payable208.1 M198.2 M73.9 M
Slightly volatile
Cash419.6 M399.6 M211.7 M
Slightly volatile
Non Current Assets Total6.1 B5.8 B2.3 B
Slightly volatile
Non Currrent Assets Other155.4 M148 M35.1 M
Slightly volatile
Cash And Short Term Investments462.9 M440.9 M307.5 M
Very volatile
Net Receivables16.6 M17.5 M68.5 M
Slightly volatile
Liabilities And Stockholders Equity7.6 B7.2 B3.1 B
Slightly volatile
Non Current Liabilities Total1.9 B1.8 B565.4 M
Slightly volatile
Inventory747.2 M711.6 M333.8 M
Slightly volatile
Other Current Assets231 M220 M91.8 M
Slightly volatile
Total Liabilities2.6 B2.4 B840.7 M
Slightly volatile
Property Plant And Equipment Gross10.1 B9.6 B3.2 B
Slightly volatile
Total Current Assets1.5 B1.4 B798.8 M
Slightly volatile
Short Term Investments39.2 M41.3 M95.6 M
Slightly volatile
Short Term Debt55 M52.4 M21.7 M
Slightly volatile
Short and Long Term Debt Total841.7 M801.6 M174.9 M
Slightly volatile
Common StockBB2.7 B
Slightly volatile
Good Will2.4 M2.5 M45.1 M
Slightly volatile
Common Stock Total Equity2.7 B3.6 B2.6 B
Slightly volatile
Other Liabilities355.4 M512.6 M340.3 M
Slightly volatile
Net Tangible Assets2.1 B2.5 BB
Slightly volatile
Other Assets99.2 M94.5 M43.3 M
Slightly volatile
Short and Long Term Debt6.4 M6.7 M40.4 M
Slightly volatile
Property Plant Equipment1.9 B2.6 B1.8 B
Slightly volatile
Deferred Long Term Liabilities183.7 M210.7 M174.6 M
Slightly volatile
Long Term Debt Total240.9 M229.4 M86.3 M
Slightly volatile
Capital Lease Obligations102.8 M97.9 M26.9 M
Slightly volatile
Non Current Liabilities Other21.5 M25 M26.8 M
Slightly volatile
Cash And Equivalents184.4 M123.1 M171.1 M
Pretty Stable
Net Invested CapitalB5.5 B2.2 B
Slightly volatile
Net Working Capital569.5 M765.8 M471.2 M
Slightly volatile
Capital Stock3.8 BB2.9 B
Slightly volatile

Pan American Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue2.4 B2.3 B1.1 B
Slightly volatile
Depreciation And Amortization508.4 M484.2 M210 M
Slightly volatile
Selling General Administrative64.5 M61.4 M27.9 M
Slightly volatile
Other Operating Expenses2.4 B2.3 BB
Slightly volatile
Cost Of Revenue1.7 B1.6 B886.5 M
Slightly volatile
Total Operating Expenses693.7 M660.7 M138.8 M
Slightly volatile
Interest Income29.1 M24.8 M18 M
Slightly volatile
Reconciled Depreciation298.5 M484.2 M203.9 M
Slightly volatile

Pan American Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow116.5 M107 M175.7 M
Pretty Stable
Depreciation508.4 M484.2 M210 M
Slightly volatile
Capital Expenditures397.9 M379 M195 M
Slightly volatile
End Period Cash Flow419.6 M399.6 M211.6 M
Slightly volatile
Dividends Paid136.9 M130.4 M52.3 M
Slightly volatile
Stock Based Compensation3.8 M5.5 M3.5 M
Slightly volatile
Issuance Of Capital Stock133 K140 K1.3 M
Very volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.192.30233.6048
Slightly volatile
Dividend Yield0.01270.02490.0176
Very volatile
PTB Ratio1.061.12011.483
Pretty Stable
Days Sales Outstanding59.9231.660351.1835
Slightly volatile
Book Value Per Share15.3514.615411.8129
Pretty Stable
Stock Based Compensation To Revenue0.00430.00240.0037
Slightly volatile
Capex To Depreciation0.680.71791.3094
Slightly volatile
PB Ratio1.061.12011.483
Pretty Stable
EV To Sales2.352.47592.715
Pretty Stable
Inventory Turnover4.822.95323.1763
Very volatile
Days Of Inventory On Hand79.71124122
Very volatile
Payables Turnover7.4410.602913.0503
Very volatile
Sales General And Administrative To Revenue0.04520.02650.03
Pretty Stable
Capex To Revenue0.160.16360.1816
Slightly volatile
Cash Per Share1.261.35021.9068
Slightly volatile
Days Payables Outstanding65.4534.424532.1335
Very volatile
Current Ratio3.932.22693.7557
Slightly volatile
Tangible Book Value Per Share15.3514.615411.6983
Pretty Stable
Receivables Turnover6.4411.52867.5391
Slightly volatile
Graham Number9.510.206615.7308
Slightly volatile
Shareholders Equity Per Share15.3114.579211.7815
Pretty Stable
Capex Per Share0.761.16071.0071
Pretty Stable
Revenue Per Share7.457.09295.8664
Slightly volatile
Short Term Coverage Ratios70.5567.19421.5958
Slightly volatile
Operating Cycle123155172
Pretty Stable
Price Book Value Ratio1.061.12011.483
Pretty Stable
Days Of Payables Outstanding65.4534.424532.1335
Very volatile
Company Equity Multiplier1.071.51511.3036
Slightly volatile
Quick Ratio1.031.08682.426
Slightly volatile
Net Income Per E B T0.911.76360.7969
Pretty Stable
Cash Ratio0.610.64021.3016
Slightly volatile
Cash Conversion Cycle75.69121141
Very volatile
Days Of Inventory Outstanding79.71124122
Very volatile
Days Of Sales Outstanding59.9231.660351.1835
Slightly volatile
Price To Book Ratio1.061.12011.483
Pretty Stable
Fixed Asset Turnover0.390.40810.6523
Slightly volatile
Price Sales Ratio2.192.30233.6048
Slightly volatile
Asset Turnover0.480.32110.3941
Slightly volatile
Price Fair Value1.061.12011.483
Pretty Stable

Pan American Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB4.8 B4.9 B
Slightly volatile
Enterprise Value5.4 B5.2 B5.3 B
Slightly volatile

Pan Fundamental Market Drivers

Forward Price Earnings13.7174
Cash And Short Term Investments440.9 M

About Pan American Financial Statements

Pan American investors utilize fundamental indicators, such as revenue or net income, to predict how Pan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue429.5 M451 M
Total Revenue2.3 B2.4 B
Cost Of Revenue1.6 B1.7 B
Sales General And Administrative To Revenue 0.03  0.05 
Capex To Revenue 0.16  0.16 
Revenue Per Share 7.09  7.45 
Ebit Per Revenue 0.02  0.02 

Pair Trading with Pan American

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pan American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pan American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

  0.97AG First Majestic SilverPairCorr
  0.84IE Ivanhoe EnergyPairCorr
  0.8FDY Faraday Copper CorpPairCorr

Moving against Pan Stock

  0.44INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pan American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pan American Silver to buy it.
The correlation of Pan American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pan American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Pan American Silver is a strong investment it is important to analyze Pan American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pan American's future performance. For an informed investment choice regarding Pan Stock, refer to the following important reports:
Check out the analysis of Pan American Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.