Pan Historical Balance Sheet
PAAS Stock | CAD 31.06 0.23 0.75% |
Trend analysis of Pan American Silver balance sheet accounts such as Total Stockholder Equity of 5 B, Property Plant And Equipment Net of 6 B, Net Debt of 422.1 M or Accounts Payable of 208.1 M provides information on Pan American's total assets, liabilities, and equity, which is the actual value of Pan American Silver to its prevalent stockholders. By breaking down trends over time using Pan American balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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.
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About Pan Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Pan American Silver at a specified time, usually calculated after every quarter, six months, or one year. Pan American Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pan American and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pan currently owns. An asset can also be divided into two categories, current and non-current.
Pan American Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Pan American assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Pan American Silver books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Pan American balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pan American Silver are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most accounts from Pan American's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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. At this time, Pan American's Net Debt is very stable compared to the past year. As of the 1st of December 2024, Accounts Payable is likely to grow to about 208.1 M, though Retained Earnings are likely to grow to (1.2 B).
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 208.1M | 218.4M | 301M | 316.1M | Total Assets | 3.5B | 3.2B | 7.2B | 7.6B |
Pan American balance sheet Correlations
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Pan American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pan American balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 153.5M | 201.6M | 210.3M | 210.4M | 326.5M | 342.9M | |
Total Assets | 3.5B | 3.4B | 3.5B | 3.2B | 7.2B | 7.6B | |
Other Current Liab | 165.8M | 181.9M | 208.1M | 218.4M | 301M | 316.1M | |
Total Current Liabilities | 271.7M | 361.8M | 387.7M | 380.8M | 624.2M | 655.4M | |
Total Stockholder Equity | 2.5B | 2.6B | 2.6B | 2.2B | 4.8B | 5.0B | |
Property Plant And Equipment Net | 2.5B | 2.4B | 2.3B | 2.2B | 5.7B | 6.0B | |
Net Debt | 195.6M | (133.5M) | (237.7M) | 119.8M | 402M | 422.1M | |
Retained Earnings | (754.7M) | (623.0M) | (598.0M) | (1.0B) | (1.3B) | (1.2B) | |
Accounts Payable | 66.9M | 80.3M | 77.5M | 88.8M | 198.2M | 208.1M | |
Cash | 120.6M | 167.1M | 283.6M | 107.0M | 399.6M | 419.6M | |
Non Current Assets Total | 2.7B | 2.6B | 2.5B | 2.4B | 5.8B | 6.1B | |
Non Currrent Assets Other | 42.1M | 28.4M | 35.5M | 35.9M | 148M | 155.4M | |
Cash And Short Term Investments | 238.3M | 279.1M | 335.3M | 142.3M | 440.9M | 462.9M | |
Net Receivables | 48.3M | 35.1M | 40.0M | 28.7M | 17.5M | 16.6M | |
Liabilities And Stockholders Equity | 3.5B | 3.4B | 3.5B | 3.2B | 7.2B | 7.6B | |
Non Current Liabilities Total | 722.2M | 466.3M | 494.9M | 666.0M | 1.8B | 1.9B | |
Inventory | 346.5M | 406.2M | 500.5M | 471.6M | 711.6M | 747.2M | |
Other Current Assets | 155.8M | 136.6M | 125.4M | 161.8M | 220M | 231M | |
Total Liab | 993.8M | 828.0M | 882.6M | 1.0B | 2.4B | 2.6B | |
Property Plant And Equipment Gross | 2.5B | 2.4B | 5.6B | 5.9B | 9.6B | 10.1B | |
Total Current Assets | 788.9M | 856.9M | 1.0B | 804.4M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | 94.3M | 93.4M | 93.4M | (3.0M) | 63.7M | 66.9M | |
Short Term Investments | 117.8M | 111.9M | 51.7M | 35.3M | 41.3M | 39.2M | |
Short Term Debt | 14.2M | 12.8M | 10.7M | 27.3M | 52.4M | 55.0M | |
Short Long Term Debt Total | 316.2M | 33.6M | 45.9M | 226.8M | 801.6M | 841.7M | |
Common Stock | 3.1B | 3.1B | 3.1B | 3.1B | 6.0B | 3.0B | |
Common Stock Total Equity | 2.3B | 2.3B | 3.1B | 3.1B | 3.6B | 2.7B | |
Other Liab | 399.4M | 424.8M | 442.3M | 445.7M | 512.6M | 355.4M | |
Net Tangible Assets | 2.5B | 2.6B | 2.6B | 2.2B | 2.5B | 2.1B | |
Other Assets | 80.5M | 87.6M | 91.4M | 82.2M | 94.5M | 99.2M | |
Long Term Debt | 275M | 0.0 | 11.9M | 180.0M | 697M | 731.9M | |
Long Term Investments | 70.6M | 84.3M | 71.6M | 78.7M | 123.3M | 0.0 | |
Property Plant Equipment | 2.5B | 2.4B | 2.3B | 2.2B | 2.6B | 1.9B | |
Long Term Debt Total | 302.0M | 20.7M | 31.8M | 199.5M | 229.4M | 240.9M | |
Capital Lease Obligations | 41.2M | 33.6M | 30.6M | 33.1M | 97.9M | 102.8M |
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
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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.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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.