Pan American Silver Corp (PAAS) — Net Asset Quality Index
Pan American Silver Corp (PAAS) has a Net Asset Quality Index of 72.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$10.13 Billion minus total liabilities of CA$2.78 Billion yields net assets of CA$7.36 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read PAAS current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Pan American Silver Corp Net Asset Quality Index Over Time (1996–2025)
This chart shows how Pan American Silver Corp's Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the index stands at 72.6%, representing net assets of CA$7.36 Billion against total assets of CA$10.13 Billion CAD. For live market cap and overall valuation, see PAAS market cap.
Annual Net Asset Quality Index for Pan American Silver Corp (1996–2025)
The table below presents the year-by-year Net Asset Quality Index for Pan American Silver Corp from 1996 to 2025, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Pan American Silver Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 71.9% | CA$6.99 Billion | CA$9.72 Billion | CA$2.74 Billion | ▲ +6.4 pp |
| 2024 | 65.5% | CA$4.72 Billion | CA$7.20 Billion | CA$2.49 Billion | ▼ -0.7 pp |
| 2023 | 66.2% | CA$4.77 Billion | CA$7.21 Billion | CA$2.44 Billion | ▼ -1.6 pp |
| 2022 | 67.8% | CA$2.20 Billion | CA$3.25 Billion | CA$1.05 Billion | ▼ -7.1 pp |
| 2021 | 74.9% | CA$2.64 Billion | CA$3.52 Billion | CA$882.58 Million | ▼ -1.0 pp |
| 2020 | 75.9% | CA$2.61 Billion | CA$3.43 Billion | CA$828.04 Million | ▲ +4.6 pp |
| 2019 | 71.3% | CA$2.47 Billion | CA$3.46 Billion | CA$993.84 Million | ▼ -6.8 pp |
| 2018 | 78.1% | CA$1.51 Billion | CA$1.94 Billion | CA$424.13 Million | ▲ +1.8 pp |
| 2017 | 76.3% | CA$1.52 Billion | CA$1.99 Billion | CA$472.28 Million | ▲ +2.6 pp |
| 2016 | 73.7% | CA$1.40 Billion | CA$1.90 Billion | CA$499.14 Million | ▼ -2.0 pp |
| 2015 | 75.7% | CA$1.30 Billion | CA$1.72 Billion | CA$416.42 Million | ▼ -2.1 pp |
| 2014 | 77.8% | CA$1.57 Billion | CA$2.02 Billion | CA$447.94 Million | ▼ -1.3 pp |
| 2013 | 79.1% | CA$2.19 Billion | CA$2.77 Billion | CA$578.67 Million | ▼ -1.4 pp |
| 2012 | 80.5% | CA$2.73 Billion | CA$3.39 Billion | CA$661.25 Million | ▼ -1.6 pp |
| 2011 | 82.1% | CA$1.60 Billion | CA$1.95 Billion | CA$349.71 Million | ▲ +8.4 pp |
| 2010 | 73.7% | CA$1.53 Billion | CA$2.07 Billion | CA$544.55 Million | ▲ +0.2 pp |
| 2009 | 73.5% | CA$1.36 Billion | CA$1.85 Billion | CA$489.56 Million | ▼ -5.6 pp |
| 2008 | 79.2% | CA$691.39 Million | CA$873.38 Million | CA$182.00 Million | ▼ -0.2 pp |
| 2007 | 79.3% | CA$605.10 Million | CA$762.90 Million | CA$157.80 Million | ▲ +2.6 pp |
| 2006 | 76.7% | CA$521.71 Million | CA$680.00 Million | CA$158.29 Million | ▲ +4.6 pp |
| 2005 | 72.1% | CA$261.12 Million | CA$362.28 Million | CA$101.16 Million | ▼ -4.0 pp |
| 2004 | 76.1% | CA$281.58 Million | CA$370.08 Million | CA$88.50 Million | ▲ +10.3 pp |
| 2003 | 65.8% | CA$184.10 Million | CA$279.89 Million | CA$95.79 Million | ▲ +7.3 pp |
| 2002 | 58.4% | CA$55.49 Million | CA$94.97 Million | CA$39.47 Million | ▼ -5.9 pp |
| 2001 | 64.3% | CA$58.88 Million | CA$91.52 Million | CA$32.64 Million | ▼ -4.9 pp |
| 2000 | 69.3% | CA$57.54 Million | CA$83.09 Million | CA$25.54 Million | ▼ -18.8 pp |
| 1999 | 88.0% | CA$94.90 Million | CA$107.83 Million | CA$12.93 Million | ▲ +0.7 pp |
| 1998 | 87.3% | CA$61.69 Million | CA$70.67 Million | CA$8.98 Million | ▲ +3.2 pp |
| 1997 | 84.1% | CA$60.65 Million | CA$72.12 Million | CA$11.47 Million | ▼ -5.4 pp |
| 1996 | 89.5% | CA$60.56 Million | CA$67.64 Million | CA$7.08 Million | — |