Pan American Silver Corp (PAAS) — Net Asset Quality Index

Latest as of March 2026: 72.6%

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. See Pan American Silver Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Quality Index

72.6%
Equity / Total Assets

Net Assets

CA$7.36 Billion
CAD

Total Assets

CA$10.13 Billion
CAD

Total Liabilities

CA$2.78 Billion
CAD

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. Explore Pan American Silver Corp operating cash flow efficiency to assess how effectively this company generates cash.

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. For market capitalisation and the full company profile, see PAAS company net worth.

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
pp = percentage points