Pan American Silver Corp (PAAS) — Cash Flow-to-Debt Ratio
Pan American Silver Corp (PAAS) has a Cash Flow-to-Debt Ratio of 0.18x as of March 2026, meaning its operating cash flow of CA$505.00 Million could theoretically repay 0% of its total liabilities (CA$2.78 Billion) in one year. See Pan American Silver Corp financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Pan American Silver Corp Cash Flow-to-Debt Ratio (1996–2025)
Historical debt coverage capacity for Pan American Silver Corp across 30 annual periods. For the full cash flow conversion analysis, see Pan American Silver Corp (PAAS) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Pan American Silver Corp (1996–2025)
Year-by-year debt coverage analysis for Pan American Silver Corp. Check Pan American Silver Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.51x | CA$1.40 Billion | CA$2.74 Billion | ▲ +75.8% |
| 2024 | 0.29x | CA$724.10 Million | CA$2.49 Billion | ▲ +57.9% |
| 2023 | 0.18x | CA$450.20 Million | CA$2.44 Billion | ▲ +505.2% |
| 2022 | 0.03x | CA$31.91 Million | CA$1.05 Billion | ▼ -93.1% |
| 2021 | 0.44x | CA$392.11 Million | CA$882.58 Million | ▼ -20.4% |
| 2020 | 0.56x | CA$462.31 Million | CA$828.04 Million | ▲ +96.7% |
| 2019 | 0.28x | CA$282.03 Million | CA$993.84 Million | ▼ -22.3% |
| 2018 | 0.37x | CA$154.98 Million | CA$424.13 Million | ▼ -23.1% |
| 2017 | 0.48x | CA$224.56 Million | CA$472.28 Million | ▲ +10.5% |
| 2016 | 0.43x | CA$214.80 Million | CA$499.14 Million | ▲ +102.1% |
| 2015 | 0.21x | CA$88.69 Million | CA$416.42 Million | ▼ -23.2% |
| 2014 | 0.28x | CA$124.19 Million | CA$447.94 Million | ▲ +34.1% |
| 2013 | 0.21x | CA$119.61 Million | CA$578.67 Million | ▼ -29.3% |
| 2012 | 0.29x | CA$193.31 Million | CA$661.25 Million | ▼ -71.6% |
| 2011 | 1.03x | CA$359.45 Million | CA$349.71 Million | ▲ +131.0% |
| 2010 | 0.44x | CA$242.26 Million | CA$544.55 Million | ▲ +87.8% |
| 2009 | 0.24x | CA$115.97 Million | CA$489.56 Million | ▼ -53.6% |
| 2008 | 0.51x | CA$92.98 Million | CA$182.00 Million | ▲ +19.7% |
| 2007 | 0.43x | CA$67.36 Million | CA$157.80 Million | ▲ +2.5% |
| 2006 | 0.42x | CA$65.90 Million | CA$158.29 Million | ▲ +291.3% |
| 2005 | 0.11x | CA$10.76 Million | CA$101.16 Million | ▲ +200.5% |
| 2004 | 0.04x | CA$3.13 Million | CA$88.50 Million | ▲ +188.6% |
| 2003 | -0.04x | CA$-3.83 Million | CA$95.79 Million | ▼ -112.5% |
| 2002 | -0.02x | CA$-742.00K | CA$39.47 Million | ▲ +70.6% |
| 2001 | -0.06x | CA$-2.09 Million | CA$32.64 Million | ▼ -365.4% |
| 2000 | 0.02x | CA$615.00K | CA$25.54 Million | ▲ +109.4% |
| 1999 | -0.26x | CA$-3.32 Million | CA$12.93 Million | ▲ +49.7% |
| 1998 | -0.51x | CA$-4.59 Million | CA$8.98 Million | ▼ -410.2% |
| 1997 | 0.16x | CA$1.89 Million | CA$11.47 Million | ▲ +166.6% |
| 1996 | -0.25x | CA$-1.75 Million | CA$7.08 Million | — |