Sunshine Silver Mining & Refining Company (SSMR) Balance Sheet
SSMR balance sheet, 2025
December 31, 2025 · U.S. dollars$68.8M assets = $7.3M liabilities + $61.6M equity
Both columns are drawn to the same scale: what SSMR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SSMR financial health
Descriptive bands, not a rating. Fiscal 2025.
SSMR balance sheet trends, 2024–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $28.0M2024 | $68.8M2025 | +145.9%/yr | |
| Total liabilities | $45.3M2024 | $7.3M2025 | −83.9%/yr | |
| Shareholders’ equity | −$17.3M2024 | $61.6M2025 | — | |
| Cash & short-term investments | $2.0M2024 | $31.0M2025 | +1,474.1%/yr | |
| Total debt | $9.0M2024 | $683,1352025 | −92.4%/yr | |
| Net cash (debt) | −$7.0M2024 | $30.3M2025 | +$37.3M | |
| Working capital | −$31.0M2024 | $28.1M2025 | +$59.1M | |
| Book value per share | −$0.122024 | $0.442025 | — | |
| Current ratio | 0.092024 | 6.142025 | +6.04 | |
| Shares outstanding | 140.7M2024 | 140.7M2025 | 0.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SSMR assets
SSMR liabilities and equity
SSMR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SSMR balance sheet
| 2025 | 2024 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $31.0M | $2.0M |
| Cash & equivalents | $31.0M | $2.0M |
| Receivables | $0 | $0 |
| Inventory | $377,269 | $329,858 |
| Other current assets | $2.2M | $788,048 |
| Total current assets | $33.5M | $3.1M |
| Property, plant & equipment (net) | $34.3M | $24.3M |
| Goodwill & intangible assets | $750,000 | $0 |
| Long-term investments | $0 | $0 |
| Other non-current assets | $275,039 | $619,217 |
| Total assets | $68.8M | $28.0M |
| Liabilities | ||
| Accounts payable | $2.6M | $111,905 |
| Short-term debt | $683,135 | — |
| Total current liabilities | $5.5M | $34.1M |
| Long-term debt | $0 | $9.0M |
| Other long-term liabilities | $1.8M | $2.2M |
| Total liabilities | $7.3M | $45.3M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $116,509 | — |
| Retained earnings (deficit) | −$204.6M | −$169.8M |
| Total shareholders' equity | $61.6M | −$17.3M |
| Key figures | ||
| Total debt | $683,135 | $9.0M |
| Net cash (debt) | $30.3M | −$7.0M |
| Working capital | $28.1M | −$31.0M |
| Tangible book value | $60.8M | −$17.3M |
| Book value per share | $0.44 | −$0.12 |
| Shares outstanding | 140.7M | 140.7M |
| Current ratio | 6.14 | 0.09 |
| Quick ratio | 5.67 | 0.06 |
| Debt / equity | 0.01 | — |
| Equity / assets | 89.4% | −62.0% |
| Jun '26 | Mar '26 | |
|---|---|---|
| Assets | ||
| Cash & short-term investments | $288.7M | $18.6M |
| Cash & equivalents | $288.7M | $18.6M |
| Receivables | $0 | $0 |
| Inventory | $567,240 | $378,559 |
| Other current assets | $1.6M | $2.7M |
| Total current assets | $290.9M | $21.7M |
| Property, plant & equipment (net) | $44.4M | $37.3M |
| Goodwill & intangible assets | $750,000 | $750,000 |
| Long-term investments | $0 | $0 |
| Other non-current assets | $275,039 | $275,039 |
| Total assets | $336.3M | $60.0M |
| Liabilities | ||
| Accounts payable | $5.9M | $4.8M |
| Short-term debt | $231,526 | $459,216 |
| Total current liabilities | $11.9M | $8.0M |
| Long-term debt | $0 | $0 |
| Other long-term liabilities | $1.9M | $1.8M |
| Total liabilities | $13.7M | $9.9M |
| Shareholders' equity | ||
| Common stock & paid-in capital | $143,726 | $116,509 |
| Retained earnings (deficit) | −$234.5M | −$217.8M |
| Total shareholders' equity | $322.6M | $50.1M |
| Key figures | ||
| Total debt | $231,526 | $459,216 |
| Net cash (debt) | $288.5M | $18.1M |
| Working capital | $279.1M | $13.7M |
| Tangible book value | $321.9M | $49.4M |
| Book value per share | $2.24 | $0.36 |
| Shares outstanding | 143.7M | 140.7M |
| Current ratio | 24.53 | 2.70 |
| Quick ratio | 24.34 | 2.32 |
| Debt / equity | 0.00 | 0.01 |
| Equity / assets | 95.9% | 83.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
SSMR financial position
At the end of fiscal 2025 (December 31, 2025), Sunshine Silver Mining & Refining had total assets of $68.8 million (up 145.9% from a year earlier), total liabilities of $7.3 million and shareholders' equity of $61.6 million. It held $31.0 million in cash and short-term investments against $0.7 million of debt, a net cash position of $30.3 million. Its current ratio was 6.14. In the latest quarter (ended June 30, 2026) total assets were $336.3 million and equity $322.6 million.
Related: SSMR income statement, SSMR cash flow statement, SSMR key metrics. See the SSMR stock overview for the latest quote and news.
SSMR balance sheet FAQ
What are Sunshine Silver Mining & Refining's total assets?
Sunshine Silver Mining & Refining reported total assets of $68.8 million at the end of fiscal 2025 (December 31, 2025), compared with $28.0 million a year earlier.
How much debt does Sunshine Silver Mining & Refining have?
Sunshine Silver Mining & Refining had $0.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.01.
How much cash does Sunshine Silver Mining & Refining have?
Sunshine Silver Mining & Refining held $31.0 million in cash and short-term investments at the end of fiscal 2025; with $0.7 million of debt that is net cash of $30.3 million.
What is Sunshine Silver Mining & Refining's book value?
Sunshine Silver Mining & Refining's shareholders' equity (book value) was $61.6 million at the end of fiscal 2025, or $0.44 per share.
What is Sunshine Silver Mining & Refining's current ratio?
Sunshine Silver Mining & Refining had current assets of $33.5 million and current liabilities of $5.5 million, a current ratio of 6.14 (it can cover its short-term obligations).
How much goodwill does Sunshine Silver Mining & Refining have?
Sunshine Silver Mining & Refining carried $0.8 million of goodwill and intangible assets, 1.1% of total assets, at the end of fiscal 2025.