Americas Gold & Silver Corp key statistics and ratios

In fiscal 2025, Americas Gold & Silver Corp had return on equity of -61.6%, a net margin of -74.1%, debt equal to 0.0% of equity and a current ratio of 1.78. 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.

Americas Gold & 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	21.6%	26.2%	23.8%	2.9%	−12.0%	−88.2%	15.2%	—	17.4%	28.0%
Net margin	—	—	−14.4%	−55.9%	−90.2%	−350.0%	−50.7%	−36.7%	−45.0%	−74.1%
Free-cash-flow margin	1.2%	−10.3%	−9.2%	4.4%	−109.4%	−141.2%	−24.4%	19.9%	−21.9%	−62.1%
Return on equity	—	—	−11.5%	−31.0%	−17.0%	−120.0%	−49.5%	−51.9%	−78.0%	−61.6%
Return on assets	—	—	−7.8%	−18.2%	−9.8%	−63.3%	−21.3%	−18.8%	−24.2%	−28.9%
Asset turnover	0.50	0.44	0.54	0.33	0.11	0.18	0.42	0.51	0.54	0.39
Current ratio	2.22	1.82	1.28	1.00	0.51	0.52	0.60	0.38	0.59	1.78
Debt to equity	8.9%	17.0%	16.7%	4.4%	5.0%	1.6%	0.0%	4.2%	3.2%	0.0%
Capital spending as % of revenue	7.9%	13.2%	21.8%	19.8%	41.5%	28.1%	23.1%	−21.0%	18.8%	58.7%

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

2 of 2 checks passed · December 31, 2025

What it owns · $413m

Short-term assets $154mLonger-term assets $259m

What it owes, and who funded it · $413m

Short-term liabilities $86mLonger-term liabilities $105mShareholders' equity $222m

Short-term assets cover short-term liabilities $154m of assets due within a year against $86m of liabilities due within a year.
Short-term assets cover long-term liabilities $154m short-term assets against $105m of longer-dated liabilities.
More cash than debt Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Americas Gold & 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: Low.

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

Compare with peers

Head to head: LGO vs USAS USAS vs UUUU MP vs USAS

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Figures from Americas Gold & 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 Americas Gold & Silver Corp.