Solitario Zinc Corp. (XPL) Key Metrics
XPL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $48.8M
- Enterprise value
- $52.7M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 29.2
- Price / book
- 2.4 10-yr median 1.4
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.54
XPL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsXPL valuation Price multiples at each fiscal year-end price.
XPL returns How much profit the business earns on the capital it uses.
XPL per-share figures Results divided by the shares outstanding at year-end.
XPL financial health Debt, liquidity and how easily interest is covered.
XPL efficiency & capital use Working capital cycle and where the cash goes.
XPL valuation history
XPL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XPL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XPL cash returned to shareholders
XPL price vs earnings per share
XPL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $60.7M | $47.8M | $38.5M | $39.8M | $29.3M | $32.7M | $17.4M | $13.6M | $28.9M | $24.1M |
| Enterprise value | $52.8M | $41.9M | $28.9M | $34.7M | $22.6M | $24.7M | $9.1M | $1.6M | $14.4M | $7.4M |
| Price / sales | — | — | — | — | — | — | 42.8 | 27.0 | — | — |
| Price / book | 2.5 | 2.1 | 1.5 | 1.8 | 1.3 | 1.4 | 0.7 | 0.5 | 1.0 | 1.4 |
| EV / sales | — | — | — | — | — | — | 22.2 | 3.3 | — | — |
| Earnings yield | −6.3% | −11.2% | −9.7% | −9.9% | −8.1% | −2.9% | −18.8% | −26.5% | −3.3% | −7.1% |
| Free cash flow yield | −5.9% | −10.8% | −8.5% | −8.1% | −9.5% | −3.1% | −15.2% | −10.1% | −5.7% | −7.8% |
| Dividend yield | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.7% | 0.1% | 1.0% |
| Share price at fiscal year-end | $0.70 | $0.59 | $0.56 | $0.62 | $0.50 | $0.56 | $0.30 | $0.23 | $0.60 | $0.62 |
| Per share | ||||||||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.00 | $0.00 |
| Earnings per share | −$0.04 | −$0.07 | −$0.05 | −$0.06 | −$0.04 | −$0.02 | −$0.06 | −$0.06 | −$0.02 | −$0.04 |
| Operating cash flow per share | −$0.04 | −$0.06 | −$0.05 | −$0.05 | −$0.04 | −$0.02 | −$0.05 | −$0.02 | −$0.03 | −$0.05 |
| Free cash flow per share | −$0.04 | −$0.06 | −$0.05 | −$0.05 | −$0.05 | −$0.02 | −$0.05 | −$0.02 | −$0.03 | −$0.05 |
| Cash per share | $0.09 | $0.07 | $0.14 | $0.08 | $0.12 | $0.14 | $0.15 | $0.20 | $0.30 | $0.43 |
| Book value per share | $0.28 | $0.28 | $0.38 | $0.34 | $0.39 | $0.40 | $0.42 | $0.46 | $0.63 | $0.45 |
| Tangible book value per share | $0.28 | $0.28 | $0.38 | $0.34 | $0.39 | $0.40 | $0.42 | $0.46 | $0.63 | $0.45 |
| Dividends per share | — | — | — | — | — | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 86.8M | 81.0M | 68.7M | 64.3M | 58.7M | 58.1M | 58.1M | 58.4M | 48.0M | 38.9M |
| Change in shares outstanding | +7.1% | +17.8% | +7.0% | +9.5% | +1.0% | −0.0% | −0.4% | +21.6% | +23.3% | −1.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −16.2% | −22.1% | −15.8% | −17.5% | −10.1% | −3.9% | −12.8% | −12.6% | −4.0% | −9.7% |
| Return on invested capital (ROIC) | −21.0% | −29.0% | −19.8% | −17.7% | −10.8% | −7.5% | −16.2% | −14.0% | −18.4% | −597.8% |
| Return on assets (ROA) | −15.9% | −21.6% | −15.4% | −17.2% | −10.0% | −3.9% | −12.5% | −12.3% | −3.9% | −9.6% |
| Return on tangible assets | −15.3% | −23.3% | −14.0% | −17.8% | −10.0% | −3.9% | −13.4% | −12.9% | −3.1% | −9.7% |
| Free cash flow margin | — | — | — | — | — | — | −648.0% | −272.3% | — | — |
| Financial health | ||||||||||
| Total debt | $7,000 | $50,000 | $89,000 | $35,000 | $72,000 | $17,000 | $48,000 | $0 | $0 | $0 |
| Cash & short-term investments | $7.9M | $5.9M | $9.7M | $5.2M | $6.9M | $8.0M | $8.4M | $11.9M | $14.5M | $16.7M |
| Net debt | −$7.9M | −$5.9M | −$9.6M | −$5.2M | −$6.8M | −$8.0M | −$8.4M | −$11.9M | −$14.5M | −$16.7M |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current ratio | 37.26 | 16.28 | 15.73 | 19.98 | 25.94 | 46.26 | 32.55 | 17.64 | 103.64 | 133.31 |
| Quick ratio | 37.26 | 16.28 | 15.73 | 19.98 | 25.94 | 46.26 | 32.55 | 17.64 | 103.64 | 133.31 |
| Interest coverage | — | — | — | -5.5 | -17.7 | — | — | — | -15.6 | -63.5 |
| Working capital | $7.8M | $5.6M | $9.3M | $5.0M | $6.9M | $7.9M | $8.5M | $11.4M | $14.5M | $16.7M |
| Invested capital | $16.7M | $16.6M | $16.4M | $16.5M | $16.4M | $15.5M | $15.7M | $15.2M | $15.6M | $780,000 |
| Tangible asset value | $24.7M | $22.5M | $25.9M | $21.6M | $23.2M | $23.5M | $24.1M | $27.1M | $30.1M | $17.5M |
| Net current asset value | $7.7M | $5.5M | $9.1M | $4.9M | $6.7M | $7.8M | $8.4M | $11.3M | $14.3M | $16.7M |
| Graham net-net per share | $0.09 | $0.07 | $0.13 | $0.08 | $0.11 | $0.13 | $0.14 | $0.19 | $0.30 | $0.43 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | $0 | $0 |
| Share buybacks (net) | $0 | $0 | $0 | $0 | $0 | $5,000 | $13,000 | $101,000 | $32,000 | $248,000 |
| Capex / revenue | — | — | — | — | — | — | 1.2% | 2.0% | — | — |
| Capex / depreciation | 0.52 | 0.80 | 0.17 | 4.93 | 9.48 | 10.08 | 0.08 | 0.40 | 0.15 | 8.00 |
| Stock-based compensation / revenue | — | — | — | — | — | — | 84.1% | 131.5% | — | — |
| SG&A / revenue | — | — | — | — | — | — | 778.2% | 389.2% | — | — |
| Efficiency | ||||||||||
| Days sales outstanding | — | — | — | — | — | — | 239.8 | — | — | — |
| Days payables outstanding | 1,417.4 | 2,250.8 | 2,270.2 | 36.9 | 59.0 | 160.4 | 91.2 | 118.3 | 67.9 | 86.2 |
| Cash conversion cycle (days) | — | — | — | — | — | — | 148.5 | — | — | — |
| Receivables turnover | — | — | — | — | — | — | 1.52 | — | — | — |
| Payables turnover | 0.26 | 0.16 | 0.16 | 9.90 | 6.19 | 2.28 | 4.00 | 3.09 | 5.37 | 4.23 |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.00 | 0.00 |
| Average receivables | — | — | — | — | — | — | $268,000 | — | — | — |
| Average payables | $233,000 | $425,500 | $410,500 | $233,500 | $198,000 | $192,500 | $458,000 | $414,500 | $132,500 | $149,500 |
| Average inventory | — | — | — | — | — | — | — | — | $0 | $0 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from XPL's annual financial statements (latest annual report filed March 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
XPL valuation and financial ratios
Solitario Zinc earned a return on equity of −16.2% and a return on invested capital of −21.0% in fiscal 2025. It ended the year with $0.0 million of debt and $7.9 million in cash and short-term investments, a net cash position of $7.9 million. The share count rose 123.0% from 38.9M to 86.8M over 9 years.
See the XPL income statement, the XPL chart for price history, or the XPL stock overview for the latest quote and news.
XPL key metrics FAQ
What is Solitario Zinc's return on equity?
Solitario Zinc's return on equity (ROE) was −16.2% in fiscal 2025: net income of -$3.8 million on average shareholders' equity of $23.6 million.
What is Solitario Zinc's ROIC?
Solitario Zinc's return on invested capital was −21.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Solitario Zinc have?
Solitario Zinc had total debt of $0.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Solitario Zinc's free cash flow yield?
Solitario Zinc generated -$3.6 million of free cash flow in fiscal 2025, a free cash flow yield of −5.9% on its market value at year-end ($60.7 million).
What is Solitario Zinc's current ratio?
Solitario Zinc's current ratio was 37.26 at the end of fiscal 2025: current assets were 37.26 times current liabilities.