Pan Historical Balance Sheet

PAAS Stock  CAD 30.39  1.18  3.74%   
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.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Pan American Inventory

747.18 Million

  
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 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

At this time, Pan American's Accounts Payable is very stable compared to the past year. As of the 25th of November 2024, Cash is likely to grow to about 419.6 M, while Other Current Liabilities is likely to drop about 95 K.

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.

Cash

Cash refers to the most liquid asset of Pan American Silver, which is listed under current asset account on Pan American Silver balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pan American customers. The amounts must be unrestricted with restricted cash listed in a different Pan American account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Accounts Payable is very stable compared to the past year. As of the 25th of November 2024, Cash is likely to grow to about 419.6 M, while Other Current Liabilities is likely to drop about 95 K.
 2021 2022 2023 2024 (projected)
Other Current Liabilities351K264.7M100K95K
Total Assets3.5B3.2B7.2B7.6B

Pan American balance sheet Correlations

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0.90.940.110.960.910.940.77-0.530.490.70.940.930.380.720.940.960.86-0.110.960.860.89-0.360.490.890.76
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0.830.820.130.90.790.820.74-0.510.420.450.830.910.160.670.810.880.77-0.050.850.890.71-0.410.280.770.73
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0.840.92-0.030.870.870.940.92-0.520.680.650.930.910.370.670.980.840.91-0.060.960.890.780.77-0.30.520.7
0.830.790.020.810.790.790.59-0.520.580.560.790.770.380.750.760.810.74-0.060.780.760.770.73-0.130.580.7
Click cells to compare fundamentals

Pan American Account Relationship Matchups

Pan American balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding153.5M201.6M210.3M210.4M326.5M342.9M
Total Assets3.5B3.4B3.5B3.2B7.2B7.6B
Other Current Liab32.1M367K351K264.7M100K95K
Total Current Liabilities271.7M361.8M387.7M380.8M624.2M655.4M
Total Stockholder Equity2.5B2.6B2.6B2.2B4.8B5.0B
Property Plant And Equipment Net2.5B2.4B2.3B2.2B5.7B6.0B
Net Debt195.6M(133.5M)(237.7M)119.8M402M422.1M
Retained Earnings(754.7M)(623.0M)(598.0M)(1.0B)(1.3B)(1.2B)
Accounts Payable225.3M80.3M77.5M88.8M198.2M208.1M
Cash120.6M167.1M283.6M107.0M399.6M419.6M
Non Current Assets Total2.7B2.6B2.5B2.4B5.8B6.1B
Non Currrent Assets Other42.1M28.4M35.5M35.9M67.6M71.0M
Cash And Short Term Investments238.3M279.1M335.3M142.3M440.9M462.9M
Net Receivables186.0M149.8M148.4M176.6M200.9M210.9M
Liabilities And Stockholders Equity3.5B3.4B3.5B3.2B7.2B7.6B
Non Current Liabilities Total722.2M466.3M494.9M666.0M1.8B1.9B
Inventory346.5M406.2M500.5M471.6M711.6M747.2M
Other Current Assets16.8M14.1M13.0M10.9M36.6M38.4M
Other Stockholder Equity94.3M1.0(1.0)93.3M94M89.3M
Total Liab993.8M828.0M882.6M1.0B2.4B2.6B
Property Plant And Equipment Gross2.5B2.4B5.6B5.9B9.6B10.1B
Total Current Assets788.9M856.9M1.0B804.4M1.4B1.5B
Accumulated Other Comprehensive Income94.3M93.4M93.4M(3.0M)(30.3M)(28.8M)
Short Term Investments117.8M111.9M51.7M35.3M41.3M39.2M
Short Term Debt14.2M12.8M14.1M27.3M52.4M27.9M
Short Long Term Debt Total316.2M33.6M45.9M226.8M801.6M841.7M
Common Stock3.1B3.1B3.1B3.1B6.0B3.0B
Common Stock Total Equity2.3B2.3B3.1B3.1B3.6B2.7B
Other Liab399.4M424.8M442.3M445.7M512.6M355.4M
Net Tangible Assets2.5B2.6B2.6B2.2B2.5B2.1B
Other Assets80.5M87.6M91.4M82.2M94.5M99.2M
Long Term Debt275M0.011.9M180.0M697M731.9M
Long Term Investments70.6M84.3M71.6M78.7M123.3M0.0
Property Plant Equipment2.5B2.4B2.3B2.2B2.6B1.9B
Long Term Debt Total302.0M20.7M31.8M199.5M229.4M240.9M
Capital Lease Obligations41.2M33.6M30.6M33.1M97.9M102.8M

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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Moving against Pan Stock

  0.33INFM 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 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.