Pan Historical Income Statement

PAAS Stock

CAD 31.06 0.23 0.75%

Historical analysis of Pan American income statement accounts such as EBITDA of 500.6 M, Income Tax Expense of 35 M, Depreciation And Amortization of 508.4 M or Selling General Administrative of 64.5 M can show how well Pan American Silver performed in making a profits. Evaluating Pan American income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pan American's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Pan American Silver latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Pan American Silver is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Pan Income Statement Analysis

Pan American Silver Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Pan American shareholders. The income statement also shows Pan investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Pan American Income Statement Chart

At this time, Pan American's Selling General Administrative is very stable compared to the past year. As of the 2nd of December 2024, Other Operating Expenses is likely to grow to about 2.4 B, though Total Other Income Expense Net is likely to grow to (92.1 M).

Total Revenue Total Other Income Expense Net Selling General Administrative Other Operating Expenses Ebit

Total Revenue

Total revenue comprises all receipts Pan American Silver generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pan American Silver. It is also known as Pan American overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Pan American's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pan American Silver current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	85.1M	111.6M	660.7M	693.7M
Cost Of Revenue	1.3B	1.4B	1.6B	1.7B

Total Operating Expenses Cost Of Revenue

Pan American income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebitda	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Other Operating Expenses	Ebit	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Net Income From Continuing Ops	Minority Interest	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.83	0.82	0.15	0.48	-0.56	0.04	0.06	0.83	0.89	0.84	0.1	0.74	0.93	0.05	0.24	-0.28	-0.4	0.25	0.38	-0.96	0.72
Total Revenue	0.83		0.83	0.23	0.6	-0.64	0.0	0.29	0.98	0.97	0.98	0.17	0.96	0.86	0.06	0.35	-0.63	-0.57	0.54	0.58	-0.85	0.87
Gross Profit	0.82	0.83		0.45	0.69	-0.39	0.35	0.46	0.74	0.86	0.75	0.4	0.64	0.84	0.39	0.29	-0.29	-0.31	0.42	0.4	-0.83	0.67
Operating Income	0.15	0.23	0.45		0.91	0.11	0.93	0.89	0.11	0.22	0.09	0.99	0.09	0.09	0.96	0.55	-0.25	-0.41	0.54	0.4	-0.08	0.23
Ebitda	0.48	0.6	0.69	0.91		-0.19	0.75	0.82	0.51	0.59	0.49	0.88	0.48	0.44	0.79	0.61	-0.49	-0.61	0.66	0.59	-0.43	0.58
Total Other Income Expense Net	-0.56	-0.64	-0.39	0.11	-0.19		0.35	0.11	-0.72	-0.65	-0.72	0.18	-0.69	-0.67	0.31	-0.26	0.68	0.53	-0.47	-0.28	0.65	-0.66
Net Income	0.04	0.0	0.35	0.93	0.75	0.35		0.79	-0.12	0.04	-0.15	0.94	-0.18	-0.06	0.99	0.5	0.06	-0.22	0.36	0.27	0.05	-0.01
Income Tax Expense	0.06	0.29	0.46	0.89	0.82	0.11	0.79		0.13	0.22	0.12	0.89	0.16	0.02	0.85	0.46	-0.29	-0.29	0.57	0.45	-0.02	0.24
Depreciation And Amortization	0.83	0.98	0.74	0.11	0.51	-0.72	-0.12	0.13		0.96	1.0	0.05	0.97	0.88	-0.08	0.35	-0.68	-0.62	0.52	0.58	-0.86	0.9
Selling General Administrative	0.89	0.97	0.86	0.22	0.59	-0.65	0.04	0.22	0.96		0.96	0.16	0.91	0.92	0.08	0.42	-0.57	-0.61	0.52	0.52	-0.9	0.84
Other Operating Expenses	0.84	0.98	0.75	0.09	0.49	-0.72	-0.15	0.12	1.0	0.96		0.03	0.98	0.89	-0.1	0.3	-0.66	-0.59	0.47	0.52	-0.87	0.88
Ebit	0.1	0.17	0.4	0.99	0.88	0.18	0.94	0.89	0.05	0.16	0.03		0.03	0.03	0.96	0.52	-0.2	-0.37	0.48	0.37	-0.03	0.18
Cost Of Revenue	0.74	0.96	0.64	0.09	0.48	-0.69	-0.18	0.16	0.97	0.91	0.98	0.03		0.77	-0.12	0.33	-0.73	-0.64	0.54	0.6	-0.75	0.87
Total Operating Expenses	0.93	0.86	0.84	0.09	0.44	-0.67	-0.06	0.02	0.88	0.92	0.89	0.03	0.77		-0.04	0.18	-0.43	-0.4	0.26	0.28	-0.97	0.77
Income Before Tax	0.05	0.06	0.39	0.96	0.79	0.31	0.99	0.85	-0.08	0.08	-0.1	0.96	-0.12	-0.04		0.51	-0.01	-0.24	0.42	0.31	0.03	0.04
Net Income From Continuing Ops	0.24	0.35	0.29	0.55	0.61	-0.26	0.5	0.46	0.35	0.42	0.3	0.52	0.33	0.18	0.51		-0.43	-0.86	0.81	0.59	-0.17	0.34
Minority Interest	-0.28	-0.63	-0.29	-0.25	-0.49	0.68	0.06	-0.29	-0.68	-0.57	-0.66	-0.2	-0.73	-0.43	-0.01	-0.43		0.73	-0.64	-0.47	0.37	-0.67
Non Recurring	-0.4	-0.57	-0.31	-0.41	-0.61	0.53	-0.22	-0.29	-0.62	-0.61	-0.59	-0.37	-0.64	-0.4	-0.24	-0.86	0.73		-0.75	-0.56	0.36	-0.59
Tax Provision	0.25	0.54	0.42	0.54	0.66	-0.47	0.36	0.57	0.52	0.52	0.47	0.48	0.54	0.26	0.42	0.81	-0.64	-0.75		0.77	-0.25	0.53
Interest Income	0.38	0.58	0.4	0.4	0.59	-0.28	0.27	0.45	0.58	0.52	0.52	0.37	0.6	0.28	0.31	0.59	-0.47	-0.56	0.77		-0.35	0.64
Net Interest Income	-0.96	-0.85	-0.83	-0.08	-0.43	0.65	0.05	-0.02	-0.86	-0.9	-0.87	-0.03	-0.75	-0.97	0.03	-0.17	0.37	0.36	-0.25	-0.35		-0.78
Reconciled Depreciation	0.72	0.87	0.67	0.23	0.58	-0.66	-0.01	0.24	0.9	0.84	0.88	0.18	0.87	0.77	0.04	0.34	-0.67	-0.59	0.53	0.64	-0.78

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Pan American Account Relationship Matchups

Pan American income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	29.3M	9.2M	3.7M	5.3M	51.4M	54.0M
Total Revenue	1.4B	1.3B	1.6B	1.5B	2.3B	2.4B
Gross Profit	229.3M	360.2M	367.9M	48.4M	698.8M	733.7M
Operating Income	172.5M	209.1M	320.9M	(20.5M)	38.1M	60.7M
Ebitda	426.0M	464.6M	551.6M	295.5M	476.8M	500.6M
Total Other Income Expense Net	10.0M	42.0M	(75.9M)	(38.7M)	(96.9M)	(92.1M)
Net Income	110.7M	177.9M	97.4M	(340.1M)	(103.7M)	(98.5M)
Income Tax Expense	71.3M	75.6M	146.4M	39.1M	46.1M	35.0M
Depreciation And Amortization	253.5M	272.4M	303.0M	316M	484.2M	508.4M
Selling General Administrative	31.8M	36.4M	34.9M	29.0M	61.4M	64.5M
Other Operating Expenses	1.2B	1.2B	1.3B	1.6B	2.3B	2.4B
Ebit	172.5M	192.2M	248.7M	(20.5M)	(7.4M)	(7.0M)
Cost Of Revenue	1.1B	978.6M	1.3B	1.4B	1.6B	1.7B
Total Operating Expenses	72.0M	175.9M	85.1M	111.6M	660.7M	693.7M
Income Before Tax	182.5M	252.0M	245.0M	(300.9M)	(58.8M)	(55.9M)
Net Income From Continuing Ops	111.2M	176.5M	98.6M	(340.1M)	(104.9M)	(110.1M)
Net Income Applicable To Common Shares	110.7M	177.9M	97.4M	(341.7M)	(393.0M)	(373.4M)
Minority Interest	4.7M	3.3M	(1.1M)	(1.7M)	1.2M	1.1M
Tax Provision	71.3M	75.6M	146.4M	39.1M	46.1M	64.6M
Interest Income	67.8M	53.8M	63.4M	21.5M	24.8M	29.1M
Net Interest Income	(19.4M)	(11.8M)	(8.7M)	(7.6M)	(57.2M)	(54.3M)
Reconciled Depreciation	253.5M	272.4M	303.0M	316.0M	484.2M	298.5M

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

0.97	AG	First Majestic Silver	Pair Corr
0.87	IE	Ivanhoe Energy	Pair Corr
0.79	FDY	Faraday Copper Corp	Pair Corr

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 Correlation Correlation 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:

How To Invest In Pan

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Is Pan Stock a good investment?

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What is Pan American's Net Worth?

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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.

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Pan Historical Income Statement

About Pan Income Statement Analysis

Pan American Income Statement Chart

Total Revenue

Other Operating Expenses

Pan American income statement Correlations

Pan American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pan American income statement Accounts

Pair Trading with Pan American

Moving together with Pan Stock

COMMON DESTINATIONS

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Other Operating Expenses	+ 1.0	Depreciation And Amortization
Ebit	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Net Income
Depreciation And Amortization	+ 0.98	Total Revenue
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Other Operating Expenses

Net Interest Income	- 0.97	Total Operating Expenses
Net Interest Income	- 0.96	Interest Expense
Net Interest Income	- 0.9	Selling General Administrative
Net Interest Income	- 0.87	Other Operating Expenses
Non Recurring	- 0.86	Net Income From Continuing Ops
Net Interest Income	- 0.86	Depreciation And Amortization