Endeavour Silver Corp key statistics and ratios

In fiscal 2025, Endeavour Silver Corp had return on equity of -22.4%, an operating margin of 7.6%, debt equal to 3.7% of equity and a current ratio of 1.53. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Endeavour Silver Corp: financial ratios, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	24.8%	18.9%	2.3%	−14.8%	19.7%	22.0%	24.5%	17.8%	19.3%	17.7%
Operating margin	12.3%	5.1%	−11.6%	−37.4%	−0.6%	13.4%	11.2%	4.2%	3.8%	7.6%
Net margin	2.5%	6.4%	−8.3%	−40.9%	0.8%	8.4%	3.0%	3.0%	−14.5%	−25.5%
Free-cash-flow margin	2.1%	−16.1%	−9.1%	−26.5%	9.7%	−18.5%	−26.0%	−51.6%	−81.0%	−21.8%
Return on equity	2.9%	6.9%	−8.5%	−35.9%	0.8%	7.0%	2.2%	1.7%	−7.2%	−22.4%
Return on assets	2.2%	5.4%	−7.0%	−28.2%	0.6%	5.5%	1.8%	1.4%	−5.3%	−12.2%
Asset turnover	0.87	0.84	0.85	0.69	0.74	0.66	0.61	0.47	0.36	0.48
Current ratio	3.56	3.98	3.32	2.55	3.04	3.99	2.77	1.73	2.00	1.53
Debt to equity	6.8%	0.0%	0.0%	9.6%	8.3%	6.2%	6.5%	3.2%	25.9%	3.7%
Interest cover (operating income ÷ interest)	—	12.2x	—	n/m	n/m	30.7x	29.7x	12.0x	1.1x	1.7x
Effective tax rate	68.3%	−22.8%	—	—	—	53.0%	75.1%	66.5%	—	—
Capital spending as % of revenue	12.5%	26.5%	26.8%	18.3%	18.4%	32.7%	52.2%	57.3%	89.8%	36.2%
Free cash flow ÷ net income	85.3%	−250.4%	—	—	>999%	−219.5%	−882.5%	<−999%	—	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

6 of 7 checks passed · December 31, 2025

What it owns · $1.2bn

Short-term assets $423mLonger-term assets $813m

What it owes, and who funded it · $1.2bn

Short-term liabilities $277mLonger-term liabilities $380mShareholders' equity $579m

Short-term assets cover short-term liabilities $423m of assets due within a year against $277m of liabilities due within a year.
Short-term assets cover long-term liabilities $423m short-term assets against $380m of longer-dated liabilities.
More cash than debt $215m of cash against $22m of debt.
Debt below 40% of shareholders' equity Debt is 4% of equity.
Debt burden no higher than five years ago Debt to equity moved from 4% to 4% over five years.
A year's operating cash flow covers at least 20% of debt $67m of operating cash flow against $22m of debt.
Operating profit covers interest at least five times over Operating income of $36m against $20m of interest.

From Endeavour Silver Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Endeavour Silver Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Endeavour Silver Corp.