Golden Minerals Company (AUMN) Balance Sheet
AUMN balance sheet, 2025
December 31, 2025 · U.S. dollars$2.2M assets = $1.4M liabilities + $864,000 equity
Both columns are drawn to the same scale: what AUMN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AUMN financial health
Current ratio1.42
Adequate · current assets cover current liabilities 1.42×
Equity / assets38.8%
Balanced · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal 2025.
AUMN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $14.0M2016 | $2.2M2025 | −18.5%/yr | |
| Total liabilities | $5.6M2016 | $1.4M2025 | −14.6%/yr | |
| Shareholders’ equity | $8.4M2016 | $864,0002025 | −22.3%/yr | |
| Cash & short-term investments | $2.9M2016 | $1.3M2025 | −8.3%/yr | |
| Total debt | $1.2M2017 | $115,0002023 | −32.8%/yr | |
| Net cash (debt) | $2.2M2017 | $3.7M2023 | +$1.4M | |
| Working capital | $3.5M2016 | $577,0002025 | −$2.9M | |
| Book value per share | $1.392019 | $0.062025 | −41.2%/yr | |
| Current ratio | 3.822016 | 1.422025 | −2.40 | |
| Debt / equity | 0.152017 | 0.022023 | −0.13 | |
| Shares outstanding | 4.0M2019 | 15.1M2025 | +24.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AUMN assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
AUMN liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
AUMN debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AUMN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.3M | $3.2M | $3.8M | $3.8M | $12.3M | $9.8M | $4.6M | $3.6M | $3.5M | $2.9M |
| Cash & equivalents | $1.3M | $3.2M | $3.8M | $3.8M | $12.2M | $9.7M | $4.6M | $3.3M | $3.2M | $2.6M |
| Short-term investments | — | $0 | $11,000 | $20,000 | $67,000 | $79,000 | $0 | $330,000 | $238,000 | $334,000 |
| Receivables | $0 | $0 | $3.1M | $1.5M | $1.3M | $317,000 | $448,000 | $495,000 | $462,000 | $1.0M |
| Inventory | $0 | $0 | $830,000 | $1.4M | $1.6M | $284,000 | $231,000 | $229,000 | $242,000 | $245,000 |
| Other current assets | $602,000 | $678,000 | $972,000 | $1.3M | $1.2M | $930,000 | $923,000 | $1.2M | $745,000 | $578,000 |
| Total current assets | $1.9M | $3.9M | $8.7M | $8.0M | $16.3M | $11.3M | $6.2M | $5.5M | $4.9M | $4.8M |
| Property, plant & equipment (net) | $22,000 | $31,000 | $5.9M | $6.7M | $7.3M | $6.5M | $6.0M | $7.1M | $8.1M | $9.2M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $265,000 | $265,000 | $265,000 | $225,000 | $0 | $1.5M | $1.1M | $0 | $0 | $0 |
| Other non-current assets | $0 | $667,000 | $0 | $0 | $70,000 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2.2M | $4.8M | $14.9M | $14.9M | $23.7M | $18.3M | $13.4M | $12.6M | $13.1M | $14.0M |
| Liabilities | ||||||||||
| Accounts payable | $1.1M | $1.2M | $2.5M | $1.8M | $1.5M | $472,000 | $710,000 | $358,000 | $310,000 | $344,000 |
| Short-term debt | — | — | $105,000 | $234,000 | $327,000 | $277,000 | $1.4M | $1.3M | $1.2M | — |
| Deferred revenue | — | — | $32,000 | — | $1.5M | $535,000 | $472,000 | $293,000 | $293,000 | — |
| Total current liabilities | $1.4M | $3.6M | $5.7M | $4.3M | $5.6M | $2.5M | $4.4M | $2.0M | $1.9M | $1.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $0 | $18,000 | $133,000 | $234,000 | $327,000 | $277,000 | — | — | — | — |
| Other long-term liabilities | $0 | $3.3M | $4.1M | $4.1M | $3.9M | $3.8M | $3.3M | $3.0M | $3.1M | $4.4M |
| Total liabilities | $1.4M | $6.9M | $9.8M | $8.5M | $9.5M | $6.3M | $7.8M | $5.0M | $5.0M | $5.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | $141,000 | $1.7M | $1.6M | $1.6M | $1.1M | $955,000 | $919,000 | $889,000 |
| Retained earnings (deficit) | −$552.1M | −$554.8M | −$547.2M | −$538.0M | −$528.0M | −$525.9M | −$516.8M | −$511.1M | −$509.1M | −$488.0M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | — | — | — | $0 | — | −$28.4M | −$27.6M | −$27.0M | −$40,000 | $55,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $864,000 | −$2.1M | $5.1M | $6.5M | $14.2M | $12.0M | $5.6M | $7.6M | $8.1M | $8.4M |
| Key figures | ||||||||||
| Total debt | — | — | $115,000 | $234,000 | $327,000 | $277,000 | $118,000 | $1.3M | $1.2M | — |
| Net cash (debt) | — | — | $3.7M | $3.6M | $12.0M | $9.5M | $4.5M | $2.3M | $2.2M | — |
| Working capital | $577,000 | $216,000 | $3.0M | $3.6M | $10.7M | $8.8M | $1.8M | $3.5M | $3.1M | $3.5M |
| Tangible book value | $864,000 | −$2.1M | $5.1M | $6.5M | $14.2M | $12.0M | $5.6M | $7.6M | $8.1M | $8.4M |
| Book value per share | $0.06 | −$0.14 | $0.60 | $0.98 | $2.19 | $2.27 | $1.39 | — | — | — |
| Shares outstanding | 15.1M | 15.1M | 8.5M | 6.6M | 6.5M | 5.3M | 4.0M | — | — | — |
| Current ratio | 1.42 | 1.06 | 1.54 | 1.83 | 2.93 | 4.49 | 1.40 | 2.76 | 2.66 | 3.82 |
| Quick ratio | 0.98 | 0.87 | 1.22 | 1.22 | 2.43 | 4.01 | 1.14 | 2.05 | 2.13 | 3.17 |
| Debt / equity | — | — | 0.02 | 0.04 | 0.02 | 0.02 | 0.02 | 0.18 | 0.15 | — |
| Equity / assets | 38.8% | −43.6% | 34.3% | 43.4% | 59.9% | 65.4% | 41.9% | 60.4% | 61.8% | 59.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.5M | $929,000 | $1.3M | $1.7M | $2.5M | $3.5M | $3.2M | $1.8M | $1.4M | $2.4M | $3.8M | $1.6M |
| Cash & equivalents | $2.5M | $929,000 | $1.3M | $1.7M | $2.5M | $3.5M | $3.2M | $1.8M | $1.4M | $2.4M | $3.8M | $1.6M |
| Short-term investments | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $11,000 | $11,000 |
| Receivables | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7,000 | $379,000 | $1.5M | $3.2M | $3.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $497,000 | $830,000 | $305,000 |
| Other current assets | $177,000 | $55,000 | $602,000 | $268,000 | $216,000 | $447,000 | $678,000 | $743,000 | $684,000 | $879,000 | $945,000 | $897,000 |
| Total current assets | $2.6M | $984,000 | $1.9M | $2.0M | $2.7M | $4.0M | $3.9M | $2.5M | $2.5M | $5.3M | $8.7M | $5.9M |
| Property, plant & equipment (net) | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $31,000 | $422,000 | $2.8M | $2.8M | $5.9M | $6.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 | $265,000 |
| Other non-current assets | $0 | $0 | $0 | $667,000 | $667,000 | $667,000 | $667,000 | $2.9M | $547,000 | $2.9M | $1.18B | $0 |
| Total assets | $2.9M | $1.3M | $2.2M | $3.0M | $3.7M | $4.9M | $4.8M | $6.1M | $6.1M | $11.4M | $1.20B | $12.3M |
| Liabilities | ||||||||||||
| Accounts payable | $713,000 | $623,000 | $1.1M | $1.1M | $1.0M | $1.5M | $1.2M | $2.5M | $2.7M | $3.8M | $2.5M | $2.2M |
| Short-term debt | — | — | — | — | — | — | — | $46,000 | $72,000 | $89,000 | $105,000 | $125,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | $373,000 | $32,001 | $32,000 | $1.9M |
| Total current liabilities | $1.0M | $936,000 | $1.4M | $4.3M | $4.3M | $4.9M | $3.6M | $4.5M | $4.8M | $6.5M | $5.7M | $5.6M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | — | — | $0 | $0 | $0 | $0 | $18,000 | $46,000 | $72,000 | $89,000 | $133,000 | $165,000 |
| Other long-term liabilities | $0 | $0 | $0 | $3.5M | $3.4M | $3.3M | $3.3M | $3.2M | $3.2M | $4.2M | $1.19B | $4.2M |
| Total liabilities | $1.0M | $936,000 | $1.4M | $7.8M | $7.7M | $8.2M | $6.9M | $7.8M | $8.0M | $10.7M | $1.19B | $9.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | $150,000 | $150,000 | $146,000 | $141,000 | $86,000 |
| Retained earnings (deficit) | −$552.1M | −$552.7M | −$552.1M | −$557.7M | −$556.9M | −$556.0M | −$554.8M | −$554.3M | −$554.5M | −$551.8M | −$547.2M | −$545.9M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | — | — |
| Total shareholders' equity | $1.9M | $335,000 | $864,000 | −$4.8M | −$4.0M | −$3.3M | −$2.1M | −$1.7M | −$2.0M | $621,000 | $5.1M | $2.5M |
| Key figures | ||||||||||||
| Total debt | — | — | — | — | — | — | — | $46,000 | $72,000 | $89,000 | $115,000 | $165,000 |
| Net cash (debt) | — | — | — | — | — | — | — | $1.7M | $1.4M | $2.3M | $3.7M | $1.4M |
| Working capital | $1.6M | $48,000 | $577,000 | −$2.3M | −$1.6M | −$879,000 | $216,000 | −$2.0M | −$2.3M | −$1.2M | $3.0M | $341,000 |
| Tangible book value | $1.9M | $335,000 | $864,000 | −$4.8M | −$4.0M | −$3.3M | −$2.1M | −$1.7M | −$2.0M | $621,000 | $5.1M | $2.5M |
| Book value per share | $0.08 | $0.02 | $0.06 | −$0.32 | −$0.27 | −$0.22 | −$0.14 | −$0.11 | −$0.13 | $0.04 | $0.36 | $0.30 |
| Shares outstanding | 22.6M | 15.1M | 15.1M | 15.1M | 15.1M | 15.1M | 15.1M | 15.0M | 14.6M | 14.2M | 14.1M | 8.4M |
| Current ratio | 2.56 | 1.05 | 1.42 | 0.47 | 0.64 | 0.82 | 1.06 | 0.56 | 0.52 | 0.81 | 1.54 | 1.06 |
| Quick ratio | 2.39 | 0.99 | 0.98 | 0.40 | 0.59 | 0.73 | 0.87 | 0.39 | 0.38 | 0.60 | 1.22 | 0.85 |
| Debt / equity | — | — | — | — | — | — | — | — | — | 0.14 | 0.02 | 0.07 |
| Equity / assets | 64.8% | 26.4% | 38.8% | −162.3% | −109.2% | −66.3% | −43.6% | −27.6% | −32.3% | 5.5% | 0.4% | 20.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed —); data from EODHD.
AUMN financial position
At the end of fiscal 2025 (December 31, 2025), Golden Minerals had total assets of $2.2 million (down 53.7% from a year earlier), total liabilities of $1.4 million and shareholders' equity of $0.9 million. Its current ratio was 1.42. In the latest quarter (ended June 30, 2026) total assets were $2.9 million and equity $1.9 million.
Related: AUMN income statement, AUMN cash flow statement, AUMN key metrics. See the AUMN stock overview for the latest quote and news.
AUMN balance sheet FAQ
What are Golden Minerals's total assets?
Golden Minerals reported total assets of $2.2 million at the end of fiscal 2025 (December 31, 2025), compared with $4.8 million a year earlier.
How much cash does Golden Minerals have?
Golden Minerals held $1.3 million in cash and short-term investments at the end of fiscal 2025.
What is Golden Minerals's book value?
Golden Minerals's shareholders' equity (book value) was $0.9 million at the end of fiscal 2025, or $0.06 per share.
What is Golden Minerals's current ratio?
Golden Minerals had current assets of $1.9 million and current liabilities of $1.4 million, a current ratio of 1.42 (it can cover its short-term obligations).