SSR Mining (SSRM) Financials

$10.98 +0.17 (+1.57%)

As of 04:00 PM Eastern

Annual Income Statements for SSR Mining

This table shows SSR Mining's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	194	-98	-261
Consolidated Net Income / (Loss)	210	-120	-353
Net Income / (Loss) Continuing Operations	210	-120	-353
Total Pre-Tax Income	241	-202	-319
Total Operating Income	190	-130	-322
Total Gross Profit	540	623	482
Total Revenue	1,148	1,427	996
Operating Revenue	1,148	1,427	996
Total Cost of Revenue	608	804	514
Operating Cost of Revenue	608	804	514
Total Operating Expenses	350	753	804
Selling, General & Admin Expense	72	67	63
Exploration Expense	47	50	42
Depreciation Expense	181	214	130
Other Operating Expenses / (Income)	50	9.97	454
Impairment Charge	-	411	115
Total Other Income / (Expense), net	51	-72	3.55
Interest Expense	19	17	13
Other Income / (Expense), net	70	-56	17
Income Tax Expense	30	-83	33
Other Gains / (Losses), net	-0.34	-0.35	-0.55
Net Income / (Loss) Attributable to Noncontrolling Interest	16	-22	-91
Basic Earnings per Share	$0.92	($0.48)	($1.29)
Weighted Average Basic Shares Outstanding	206.76M	202.46M	202.39M
Diluted Earnings per Share	$0.89	($0.48)	($1.29)
Weighted Average Diluted Shares Outstanding	206.76M	202.46M	202.39M
Weighted Average Basic & Diluted Shares Outstanding	206.76M	202.46M	202.39M

This table shows SSR Mining's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-26	94	30	75	15	-218	-287	9.69	11	5.56
Consolidated Net Income / (Loss)	-28	95	29	122	-7.25	-264	-358	2.46	6.25	-3.14
Net Income / (Loss) Continuing Operations	-28	95	29	122	-7.25	-264	-358	2.46	6.25	-3.14
Total Pre-Tax Income	-42	116	32	39	62	-335	-378	14	7.15	38
Total Operating Income	-35	39	37	53	77	-298	-376	11	9.04	34
Total Gross Profit	60	123	115	130	171	206	104	88	119	170
Total Revenue	167	306	315	301	385	426	230	185	257	323
Operating Revenue	167	306	315	301	385	426	230	185	257	323
Total Cost of Revenue	106	183	199	171	215	220	126	97	138	153
Operating Cost of Revenue	106	183	199	171	215	220	126	97	138	153
Total Operating Expenses	95	84	78	77	93	504	481	78	110	136
Selling, General & Admin Expense	13	23	19	16	18	15	13	13	19	18
Exploration Expense	18	7.39	11	14	15	11	10	11	11	8.95
Depreciation Expense	22	47	47	45	56	66	38	23	30	38
Other Operating Expenses / (Income)	43	5.41	2.17	2.55	2.20	3.05	305	30	49	71
Total Other Income / (Expense), net	-6.97	77	-5.19	-14	-16	-38	-1.80	3.74	-1.89	3.50
Interest Expense	4.54	6.01	5.06	4.96	4.08	2.52	4.66	2.11	2.94	3.33
Other Income / (Expense), net	-2.42	83	-0.13	-8.81	-12	-35	2.85	5.84	1.05	6.83
Income Tax Expense	-14	21	2.79	-83	69	-71	-20	12	0.87	41
Other Gains / (Losses), net	-0.15	0.08	0.00	-0.18	-0.12	-0.06	-0.17	-0.27	-0.03	-0.08
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.58	1.29	-0.81	48	-22	-47	-71	-7.23	-4.31	-8.69
Basic Earnings per Share	($0.12)	$0.44	$0.14	$0.37	$0.07	($1.06)	($1.42)	$0.05	$0.05	$0.03
Weighted Average Basic Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M
Diluted Earnings per Share	($0.12)	$0.43	$0.14	$0.35	$0.07	($1.04)	($1.42)	$0.05	$0.05	$0.03
Weighted Average Diluted Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M
Weighted Average Basic & Diluted Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M

This table details how cash moves in and out of SSR Mining's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-364	-197	-105
Net Cash From Operating Activities	161	422	40
Net Cash From Continuing Operating Activities	161	422	40
Net Income / (Loss) Continuing Operations	210	-120	-353
Consolidated Net Income / (Loss)	210	-120	-353
Depreciation Expense	181	214	130
Non-Cash Adjustments To Reconcile Net Income	-19	590	354
Changes in Operating Assets and Liabilities, net	-212	-262	-91
Net Cash From Investing Activities	-236	-339	-143
Net Cash From Continuing Investing Activities	-236	-339	-143
Purchase of Property, Plant & Equipment	-138	-223	-144
Acquisitions	-170	-120	0.00
Purchase of Investments	-9.00	-15	-31
Sale of Property, Plant & Equipment	35	0.00	4.85
Sale and/or Maturity of Investments	44	20	27
Other Investing Activities, net	1.25	-0.08	-0.45
Net Cash From Financing Activities	-272	-182	6.92
Net Cash From Continuing Financing Activities	-272	-182	6.92
Repayment of Debt	-71	-71	-0.92
Repurchase of Common Equity	-100	-56	-9.83
Payment of Dividends	-93	-58	0.00
Issuance of Debt	0.00	6.54	22
Other Financing Activities, net	-7.46	-3.66	-4.58
Effect of Exchange Rate Changes	-17	-97	-8.54

This table details how cash moves in and out of SSR Mining's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-190	-95	-93	-183	25	55	-25	-109	-24	54
Net Cash From Operating Activities	-52	118	2.97	80	135	203	25	-78	-1.35	95
Net Cash From Continuing Operating Activities	-52	118	2.97	80	135	203	25	-78	-1.35	95
Net Income / (Loss) Continuing Operations	-28	95	29	122	-7.25	-264	-358	2.46	6.25	-3.14
Consolidated Net Income / (Loss)	-28	95	29	122	-7.25	-264	-358	2.46	6.25	-3.14
Depreciation Expense	22	47	47	45	56	66	38	23	30	38
Non-Cash Adjustments To Reconcile Net Income	11	-52	14	25	35	516	374	-45	-20	44
Changes in Operating Assets and Liabilities, net	-56	28	-88	-112	52	-115	-30	-59	-18	16
Net Cash From Investing Activities	-12	-166	-52	-180	-48	-59	-37	-32	-35	-40
Net Cash From Continuing Investing Activities	-12	-166	-52	-180	-48	-59	-37	-32	-35	-40
Purchase of Property, Plant & Equipment	-40	-46	-59	-58	-47	-59	-34	-38	-33	-39
Acquisitions	-	-145	0.00	-120	-	-	-0.12	-0.10	-0.23	0.45
Purchase of Investments	-5.39	-1.02	-0.48	-2.00	-1.34	-12	-6.34	-3.29	-13	-9.04
Sale and/or Maturity of Investments	-2.09	25	7.85	-	0.41	11	3.72	5.03	11	8.05
Other Investing Activities, net	-	1.25	-	-	-	-	-	-	-	-0.45
Net Cash From Financing Activities	-122	-33	-38	-73	-47	-24	-11	1.49	14	2.31
Net Cash From Continuing Financing Activities	-122	-33	-38	-73	-47	-24	-11	1.49	14	2.31
Issuance of Debt	-	-	-	-	-	2.04	-	-	-	3.87
Other Financing Activities, net	-0.92	-0.97	-0.74	-0.96	-0.98	-0.98	-1.00	-1.01	-1.02	-1.56
Effect of Exchange Rate Changes	-3.53	-14	-6.19	-11	-15	-65	-2.42	-0.38	-1.57	-4.19

This table presents SSR Mining's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	5,255	5,386	5,189
Total Current Assets	1,376	1,196	1,029
Cash & Equivalents	655	492	388
Short-Term Investments	40	21	29
Accounts Receivable	118	142	124
Inventories, net	502	515	464
Prepaid Expenses	28	26	23
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	3,878	4,189	4,160
Long-Term Investments	0.40	0.13	0.03
Noncurrent Deferred & Refundable Income Taxes	1.92	22	7.60
Other Noncurrent Operating Assets	3,826	4,167	4,152
Total Liabilities & Shareholders' Equity	5,255	5,386	5,189
Total Liabilities	1,128	1,082	1,242
Total Current Liabilities	279	171	219
Short-Term Debt	72	0.92	11
Accounts Payable	79	37	31
Accrued Expenses	125	125	139
Other Current Liabilities	3.87	7.92	38
Total Noncurrent Liabilities	849	911	1,023
Long-Term Debt	227	234	246
Asset Retirement Reserve & Litigation Obligation	154	170	313
Noncurrent Deferred & Payable Income Tax Liabilities	342	364	327
Other Noncurrent Operating Liabilities	126	143	137
Total Equity & Noncontrolling Interests	4,126	4,304	3,947
Total Preferred & Common Equity	3,580	3,373	3,107
Total Common Equity	3,580	3,373	3,107
Common Stock	3,058	3,005	2,994
Retained Earnings	522	368	113
Noncontrolling Interest	546	931	840

This table presents SSR Mining's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	4,995	5,235	5,739	5,750	5,252	5,176	5,144
Total Current Assets	1,431	1,342	1,155	1,158	1,082	1,022	996
Cash & Equivalents	748	562	379	438	467	358	334
Restricted Cash	-	34	34	0.10	0.10	0.10	0.00
Short-Term Investments	54	34	33	29	25	26	31
Accounts Receivable	137	162	125	135	104	111	115
Inventories, net	468	519	561	533	465	508	495
Prepaid Expenses	23	32	23	24	21	19	21
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	3,565	3,892	4,584	4,592	4,170	4,154	4,147
Long-Term Investments	4.50	0.40	-	-	1.05	-	0.11
Noncurrent Deferred & Refundable Income Taxes	6.12	1.92	0.00	0.00	27	25	20
Other Noncurrent Operating Assets	3,504	3,840	4,534	4,542	4,142	4,129	4,127
Total Liabilities & Shareholders' Equity	4,995	5,235	5,739	5,750	5,252	5,176	5,144
Total Liabilities	1,001	1,097	1,128	1,157	1,313	1,234	1,195
Total Current Liabilities	247	251	204	166	353	289	255
Short-Term Debt	89	53	36	0.91	0.96	0.00	11
Accounts Payable	44	80	56	53	31	24	27
Accrued Expenses	110	113	108	108	131	116	118
Other Current Liabilities	3.83	3.88	3.94	3.97	190	148	99
Total Noncurrent Liabilities	754	846	924	990	960	946	940
Long-Term Debt	226	227	227	227	228	228	242
Asset Retirement Reserve & Litigation Obligation	140	156	162	164	240	230	232
Noncurrent Deferred & Payable Income Tax Liabilities	260	340	386	444	346	340	330
Other Noncurrent Operating Liabilities	127	123	150	155	146	148	136
Total Equity & Noncontrolling Interests	3,995	4,138	4,612	4,593	3,939	3,941	3,949
Total Preferred & Common Equity	3,499	3,592	3,614	3,615	3,079	3,088	3,100
Total Common Equity	3,499	3,592	3,614	3,615	3,079	3,088	3,100
Common Stock	3,057	3,055	3,017	3,018	2,991	2,991	2,992
Retained Earnings	442	537	597	598	88	97	108
Noncontrolling Interest	495	546	998	978	860	853	849

This table displays calculated financial ratios and metrics derived from SSR Mining's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	-22.13%	24.29%	-30.23%
EBITDA Growth	-33.40%	-93.61%	-721.95%
EBIT Growth	-40.08%	-171.47%	-64.54%
NOPAT Growth	-63.76%	-154.75%	-147.45%
Net Income Growth	-50.59%	-157.13%	-193.27%
EPS Growth	-45.40%	-153.93%	-168.75%
Operating Cash Flow Growth	-73.58%	162.11%	-90.48%
Free Cash Flow Firm Growth	-134.61%	-145.99%	103.15%
Invested Capital Growth	10.07%	8.96%	-5.93%
Revenue Q/Q Growth	-8.13%	9.14%	-9.35%
EBITDA Q/Q Growth	-3.78%	-93.92%	66.34%
EBIT Q/Q Growth	0.99%	-169.01%	55.01%
NOPAT Q/Q Growth	-45.70%	-145.86%	50.74%
Net Income Q/Q Growth	-22.57%	-150.24%	42.56%
EPS Q/Q Growth	-12.75%	-148.48%	45.34%
Operating Cash Flow Q/Q Growth	-29.25%	25.27%	-72.94%
Free Cash Flow Firm Q/Q Growth	0.00%	35.27%	-77.93%
Invested Capital Q/Q Growth	5.46%	-7.55%	-1.28%
Profitability Metrics	-	-	-
Gross Margin	47.04%	43.64%	48.37%
EBITDA Margin	38.45%	1.98%	-17.63%
Operating Margin	16.57%	-9.13%	-32.37%
EBIT Margin	22.64%	-13.02%	-30.71%
Profit (Net Income) Margin	18.33%	-8.43%	-35.41%
Tax Burden Percent	87.37%	59.40%	110.62%
Interest Burden Percent	92.65%	108.94%	104.26%
Effective Tax Rate	12.48%	0.00%	0.00%
Return on Invested Capital (ROIC)	4.72%	-2.36%	-5.78%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.07%	5.82%	52.14%
Return on Net Nonoperating Assets (RNNOA)	0.42%	-0.49%	-2.77%
Return on Equity (ROE)	5.15%	-2.85%	-8.55%
Cash Return on Invested Capital (CROIC)	-4.87%	-10.94%	0.34%
Operating Return on Assets (OROA)	4.97%	-3.49%	-5.78%
Return on Assets (ROA)	4.02%	-2.26%	-6.67%
Return on Common Equity (ROCE)	4.48%	-2.35%	-6.71%
Return on Equity Simple (ROE_SIMPLE)	5.88%	-3.56%	-11.35%
Net Operating Profit after Tax (NOPAT)	167	-91	-226
NOPAT Margin	14.50%	-6.39%	-22.66%
Net Nonoperating Expense Percent (NNEP)	7.79%	-8.18%	-57.92%
Return On Investment Capital (ROIC_SIMPLE)	3.76%	-2.01%	-5.37%
Cost of Revenue to Revenue	52.96%	56.36%	51.63%
SG&A Expenses to Revenue	6.24%	4.73%	6.32%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	30.47%	52.77%	80.74%
Earnings before Interest and Taxes (EBIT)	260	-186	-306
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	441	28	-176
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.89	0.65	0.45
Price to Tangible Book Value (P/TBV)	0.90	0.65	0.45
Price to Revenue (P/Rev)	2.76	1.54	1.41
Price to Earnings (P/E)	16.34	0.00	0.00
Dividend Yield	1.82%	2.60%	0.00%
Earnings Yield	6.12%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.89	0.71	0.55
Enterprise Value to Revenue (EV/Rev)	2.86	1.99	2.10
Enterprise Value to EBITDA (EV/EBITDA)	7.45	100.87	0.00
Enterprise Value to EBIT (EV/EBIT)	12.65	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	19.75	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	20.44	6.75	52.04
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	157.27
Leverage & Solvency	-	-	-
Debt to Equity	0.07	0.05	0.07
Long-Term Debt to Equity	0.05	0.05	0.06
Financial Leverage	-0.14	-0.08	-0.05
Leverage Ratio	1.28	1.26	1.28
Compound Leverage Factor	1.19	1.38	1.34
Debt to Total Capital	6.74%	5.18%	6.12%
Short-Term Debt to Total Capital	1.62%	0.02%	0.26%
Long-Term Debt to Total Capital	5.12%	5.16%	5.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	12.35%	20.51%	19.98%
Common Equity to Total Capital	80.91%	74.31%	73.90%
Debt to EBITDA	0.68	8.33	-1.47
Net Debt to EBITDA	-0.98	-9.87	0.91
Long-Term Debt to EBITDA	0.51	8.29	-1.40
Debt to NOPAT	1.79	-2.58	-1.14
Net Debt to NOPAT	-2.59	3.05	0.71
Long-Term Debt to NOPAT	1.36	-2.57	-1.09
Altman Z-Score	2.46	1.69	0.90
Noncontrolling Interest Sharing Ratio	12.97%	17.53%	21.46%
Liquidity Ratios	-	-	-
Current Ratio	4.93	7.01	4.70
Quick Ratio	2.91	3.84	2.48
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-172	-422	13
Operating Cash Flow to CapEx	157.05%	188.76%	28.94%
Free Cash Flow to Firm to Interest Expense	-8.98	-25.41	1.02
Operating Cash Flow to Interest Expense	8.42	25.38	3.08
Operating Cash Flow Less CapEx to Interest Expense	3.06	11.93	-7.56
Efficiency Ratios	-	-	-
Asset Turnover	0.22	0.27	0.19
Accounts Receivable Turnover	9.61	10.98	7.47
Inventory Turnover	1.36	1.58	1.05
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	10.69	13.86	15.20
Days Sales Outstanding (DSO)	38.00	33.23	48.87
Days Inventory Outstanding (DIO)	267.48	230.75	347.66
Days Payable Outstanding (DPO)	34.15	26.33	24.01
Cash Conversion Cycle (CCC)	271.32	237.65	372.52
Capital & Investment Metrics	-	-	-
Invested Capital	3,695	4,026	3,787
Invested Capital Turnover	0.33	0.37	0.25
Increase / (Decrease) in Invested Capital	338	331	-239
Enterprise Value (EV)	3,288	2,847	2,088
Market Capitalization	3,173	2,194	1,408
Book Value per Share	$17.33	$16.54	$15.35
Tangible Book Value per Share	$17.09	$16.54	$15.35
Total Capital	4,425	4,539	4,204
Total Debt	298	235	257
Total Long-Term Debt	227	234	246
Net Debt	-431	-278	-160
Capital Expenditures (CapEx)	102	223	139
Debt-free, Cash-free Net Working Capital (DFCFNWC)	440	513	404
Debt-free Net Working Capital (DFNWC)	1,169	1,027	821
Net Working Capital (NWC)	1,097	1,026	810
Net Nonoperating Expense (NNE)	-44	29	127
Net Nonoperating Obligations (NNO)	-431	-278	-160
Total Depreciation and Amortization (D&A)	181	214	130
Debt-free, Cash-free Net Working Capital to Revenue	38.29%	35.99%	40.56%
Debt-free Net Working Capital to Revenue	101.82%	71.96%	82.48%
Net Working Capital to Revenue	95.57%	71.90%	81.37%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.48)	($1.29)
Adjusted Weighted Average Basic Shares Outstanding	0.00	202.46M	202.39M
Adjusted Diluted Earnings per Share	$0.00	($0.48)	($1.29)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	202.46M	202.39M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	202.46M	202.39M
Normalized Net Operating Profit after Tax (NOPAT)	167	197	-145
Normalized NOPAT Margin	14.50%	13.79%	-14.60%
Pre Tax Income Margin	20.98%	-14.18%	-32.01%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	13.60	-11.18	-23.47
NOPAT to Interest Expense	8.71	-5.49	-17.32
EBIT Less CapEx to Interest Expense	8.24	-24.63	-34.11
NOPAT Less CapEx to Interest Expense	3.35	-18.93	-27.96
Payout Ratios	-	-	-
Dividend Payout Ratio	44.35%	-47.97%	0.00%
Augmented Payout Ratio	91.89%	-94.81%	-2.79%

This table displays calculated financial ratios and metrics derived from SSR Mining's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-48.39%	-24.89%	-11.49%	-5.81%	131.29%	39.01%	-26.82%	-38.60%	-33.22%	-24.12%
EBITDA Growth	-111.50%	-8.92%	-50.96%	-24.09%	876.87%	-256.95%	-499.27%	-55.42%	-66.73%	129.87%
EBIT Growth	-144.52%	2.12%	-67.16%	-29.78%	275.65%	-371.76%	-1,113.70%	-62.46%	-84.67%	112.39%
NOPAT Growth	-132.29%	-80.11%	-58.84%	104.88%	63.58%	-747.72%	-880.93%	-98.78%	188.81%	98.67%
Net Income Growth	-144.21%	-39.19%	-61.89%	81.25%	74.46%	-377.76%	-1,334.87%	-97.99%	186.28%	98.81%
EPS Growth	-146.15%	-23.21%	-54.84%	29.63%	158.33%	-341.86%	-1,114.29%	-85.71%	-28.57%	102.88%
Operating Cash Flow Growth	-132.41%	-36.03%	-95.23%	144.66%	358.98%	72.03%	730.17%	-197.25%	-101.00%	-53.25%
Free Cash Flow Firm Growth	0.00%	0.00%	87.32%	75.18%	75.62%	-76.27%	63.74%	177.67%	161.18%	143.78%
Invested Capital Growth	0.00%	10.07%	13.38%	29.06%	24.29%	8.96%	-3.00%	-14.54%	-11.90%	-5.93%
Revenue Q/Q Growth	-47.86%	83.87%	2.69%	-4.32%	28.03%	10.51%	-45.94%	-19.72%	39.23%	25.58%
EBITDA Q/Q Growth	-113.41%	1,182.03%	-50.60%	5.74%	37.26%	-318.59%	-25.97%	111.81%	2.42%	96.25%
EBIT Q/Q Growth	-159.66%	426.48%	-69.89%	19.73%	49.24%	-605.14%	-12.31%	104.43%	-39.08%	308.37%
NOPAT Q/Q Growth	-130.36%	231.04%	4.90%	390.87%	-105.40%	-2,230.78%	-26.48%	100.77%	291.92%	-134.98%
Net Income Q/Q Growth	-142.02%	435.45%	-69.53%	321.93%	-105.92%	-3,548.86%	-35.48%	100.69%	153.69%	-150.15%
EPS Q/Q Growth	-144.44%	458.33%	-67.44%	150.00%	-80.00%	-1,585.71%	-36.54%	103.52%	0.00%	-40.00%
Operating Cash Flow Q/Q Growth	-259.04%	326.13%	-97.49%	2,607.89%	68.35%	50.20%	-87.88%	-417.21%	98.27%	7,145.92%
Free Cash Flow Firm Q/Q Growth	-5.29%	91.33%	-35.11%	-101.17%	-3.41%	37.28%	71.87%	530.94%	-18.54%	-55.12%
Invested Capital Q/Q Growth	2.10%	5.46%	2.53%	16.91%	-1.68%	-7.55%	-8.58%	3.00%	1.36%	-1.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	36.11%	40.26%	36.65%	43.31%	44.30%	48.45%	45.32%	47.75%	46.27%	52.58%
EBITDA Margin	-9.41%	55.39%	26.68%	29.49%	31.61%	-62.53%	-145.58%	21.41%	15.75%	24.61%
Operating Margin	-21.04%	12.85%	11.76%	17.58%	20.10%	-69.88%	-163.50%	5.80%	3.51%	10.64%
EBIT Margin	-22.50%	39.95%	11.71%	14.66%	17.09%	-78.10%	-162.26%	8.96%	3.92%	12.75%
Profit (Net Income) Margin	-17.03%	31.06%	9.22%	40.65%	-1.88%	-62.07%	-155.56%	1.33%	2.43%	-0.97%
Tax Burden Percent	67.51%	81.78%	91.23%	312.48%	-11.73%	78.88%	94.70%	17.04%	87.44%	-8.28%
Interest Burden Percent	112.11%	95.09%	86.27%	88.76%	93.80%	100.76%	101.25%	87.29%	70.85%	91.93%
Effective Tax Rate	0.00%	18.30%	8.77%	-212.93%	111.54%	0.00%	0.00%	81.11%	12.16%	108.08%
Return on Invested Capital (ROIC)	-10.51%	3.42%	3.33%	15.24%	-0.77%	-18.08%	-41.18%	0.33%	0.83%	-0.22%
ROIC Less NNEP Spread (ROIC-NNEP)	-8.95%	-7.76%	4.20%	25.11%	-1.24%	-2.30%	-10.35%	0.07%	1.79%	-0.06%
Return on Net Nonoperating Assets (RNNOA)	1.10%	1.07%	-0.56%	-2.52%	0.11%	0.19%	0.79%	0.00%	-0.07%	0.00%
Return on Equity (ROE)	-9.41%	4.49%	2.77%	12.72%	-0.67%	-17.89%	-40.39%	0.32%	0.75%	-0.22%
Cash Return on Invested Capital (CROIC)	0.00%	-4.87%	-9.44%	-21.77%	-16.60%	-10.94%	-7.15%	5.69%	1.47%	0.34%
Operating Return on Assets (OROA)	-5.63%	8.76%	2.48%	2.93%	4.16%	-20.95%	-41.55%	2.01%	0.79%	2.40%
Return on Assets (ROA)	-4.26%	6.82%	1.95%	8.11%	-0.46%	-16.65%	-39.83%	0.30%	0.49%	-0.18%
Return on Common Equity (ROCE)	-8.24%	3.91%	2.42%	10.54%	-0.55%	-14.75%	-33.36%	0.25%	0.59%	-0.17%
Return on Equity Simple (ROE_SIMPLE)	7.77%	0.00%	4.55%	6.04%	6.62%	0.00%	-16.48%	-20.31%	-19.80%	0.00%
Net Operating Profit after Tax (NOPAT)	-25	32	34	166	-8.94	-208	-263	2.03	7.94	-2.78
NOPAT Margin	-14.73%	10.50%	10.72%	55.02%	-2.32%	-48.92%	-114.45%	1.10%	3.08%	-0.86%
Net Nonoperating Expense Percent (NNEP)	-1.56%	11.18%	-0.87%	-9.86%	0.46%	-15.78%	-30.83%	0.26%	-0.96%	-0.16%
Return On Investment Capital (ROIC_SIMPLE)	-	0.73%	-	-	-	-4.59%	-	-	-	-0.07%
Cost of Revenue to Revenue	63.89%	59.74%	63.35%	56.69%	55.70%	51.55%	54.68%	52.25%	53.73%	47.42%
SG&A Expenses to Revenue	7.63%	7.59%	5.89%	5.41%	4.55%	3.54%	5.59%	7.28%	7.39%	5.43%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	57.16%	27.41%	24.90%	25.73%	24.20%	118.33%	208.81%	41.95%	42.76%	41.94%
Earnings before Interest and Taxes (EBIT)	-37	122	37	44	66	-333	-374	17	10	41
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-16	170	84	89	122	-266	-335	40	41	80
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.86	0.89	0.86	0.80	0.74	0.65	0.30	0.30	0.37	0.45
Price to Tangible Book Value (P/TBV)	0.87	0.90	0.87	0.81	0.76	0.65	0.30	0.30	0.37	0.45
Price to Revenue (P/Rev)	2.40	2.76	2.78	2.66	2.06	1.54	0.68	0.74	1.05	1.41
Price to Earnings (P/E)	13.15	16.34	19.69	16.77	12.60	0.00	0.00	0.00	0.00	0.00
Dividend Yield	1.81%	1.82%	1.88%	2.00%	2.12%	2.60%	6.28%	6.21%	4.93%	0.00%
Earnings Yield	7.61%	6.12%	5.08%	5.96%	7.94%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.86	0.89	0.86	0.84	0.79	0.71	0.41	0.42	0.49	0.55
Enterprise Value to Revenue (EV/Rev)	2.40	2.86	2.96	3.41	2.63	1.99	1.12	1.31	1.72	2.10
Enterprise Value to EBITDA (EV/EBITDA)	6.53	7.45	9.24	11.37	7.39	100.87	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	11.64	12.65	17.74	22.38	12.75	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	9.77	19.75	29.64	26.21	17.27	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	13.18	20.44	32.21	24.88	10.19	6.75	3.39	5.64	12.70	52.04
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.88	31.31	157.27
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.08	0.07	0.07	0.06	0.05	0.05	0.06	0.06	0.06	0.07
Long-Term Debt to Equity	0.06	0.05	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.06
Financial Leverage	-0.12	-0.14	-0.13	-0.10	-0.09	-0.08	-0.08	-0.04	-0.04	-0.05
Leverage Ratio	1.25	1.28	1.27	1.25	1.25	1.26	1.30	1.28	1.28	1.28
Compound Leverage Factor	1.40	1.22	1.10	1.11	1.17	1.27	1.31	1.11	0.90	1.18
Debt to Total Capital	7.32%	6.74%	6.34%	5.39%	4.73%	5.18%	5.49%	5.47%	6.03%	6.12%
Short-Term Debt to Total Capital	2.07%	1.62%	1.21%	0.73%	0.02%	0.02%	0.02%	0.00%	0.26%	0.26%
Long-Term Debt to Total Capital	5.25%	5.12%	5.13%	4.66%	4.71%	5.16%	5.47%	5.47%	5.76%	5.86%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	11.49%	12.35%	12.35%	20.48%	20.28%	20.51%	20.64%	20.46%	20.19%	19.98%
Common Equity to Total Capital	81.19%	80.91%	81.31%	74.14%	74.99%	74.31%	73.88%	74.08%	73.78%	73.90%
Debt to EBITDA	0.69	0.68	0.79	0.80	0.49	8.33	-0.59	-0.52	-0.49	-1.47
Net Debt to EBITDA	-1.07	-0.98	-0.99	-0.56	-0.51	-9.87	0.68	0.36	0.22	0.91
Long-Term Debt to EBITDA	0.49	0.51	0.64	0.70	0.49	8.29	-0.58	-0.52	-0.46	-1.40
Debt to NOPAT	1.03	1.79	2.54	1.85	1.15	-2.58	-0.60	-0.56	-0.55	-1.14
Net Debt to NOPAT	-1.60	-2.59	-3.17	-1.29	-1.20	3.05	0.69	0.38	0.25	0.71
Long-Term Debt to NOPAT	0.74	1.36	2.05	1.60	1.14	-2.57	-0.60	-0.56	-0.53	-1.09
Altman Z-Score	2.43	2.37	2.31	2.10	2.02	1.60	0.63	0.89	1.00	1.12
Noncontrolling Interest Sharing Ratio	12.40%	12.97%	12.62%	17.16%	17.15%	17.53%	17.40%	21.64%	21.38%	21.46%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.79	4.93	5.35	5.67	6.97	7.01	3.07	3.54	3.91	4.70
Quick Ratio	3.80	2.91	3.02	2.64	3.62	3.84	1.69	1.72	1.89	2.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,528	-306	-413	-832	-860	-539	-150	646	526	236
Operating Cash Flow to CapEx	-131.14%	255.63%	5.01%	138.68%	285.01%	345.57%	72.37%	-204.66%	-4.12%	246.23%
Free Cash Flow to Firm to Interest Expense	-776.88	-50.94	-81.70	-167.69	-210.77	-214.28	-32.20	306.84	178.83	70.99
Operating Cash Flow to Interest Expense	-11.50	19.66	0.59	16.20	33.15	80.71	5.29	-37.12	-0.46	28.56
Operating Cash Flow Less CapEx to Interest Expense	-20.27	11.97	-11.12	4.52	21.52	57.36	-2.02	-55.25	-11.59	16.96
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.22	0.21	0.20	0.24	0.27	0.26	0.22	0.20	0.19
Accounts Receivable Turnover	9.13	9.61	7.52	8.77	9.64	10.98	10.11	10.39	8.81	7.47
Inventory Turnover	1.31	1.36	1.39	1.32	1.53	1.58	1.48	1.23	1.13	1.05
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	13.98	10.69	9.62	13.45	15.79	13.86	13.19	16.38	14.48	15.20
Days Sales Outstanding (DSO)	39.97	38.00	48.53	41.63	37.88	33.23	36.09	35.13	41.43	48.87
Days Inventory Outstanding (DIO)	278.84	267.48	262.13	276.61	237.95	230.75	245.82	297.14	323.06	347.66
Days Payable Outstanding (DPO)	26.11	34.15	37.92	27.13	23.12	26.33	27.67	22.28	25.21	24.01
Cash Conversion Cycle (CCC)	292.70	271.32	272.73	291.11	252.71	237.65	254.25	309.99	339.28	372.52
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,503	3,695	3,788	4,429	4,354	4,026	3,674	3,785	3,836	3,787
Invested Capital Turnover	0.71	0.33	0.31	0.28	0.33	0.37	0.36	0.30	0.27	0.25
Increase / (Decrease) in Invested Capital	3,503	338	447	997	851	331	-114	-644	-518	-239
Enterprise Value (EV)	2,997	3,288	3,275	3,712	3,432	2,847	1,505	1,608	1,884	2,088
Market Capitalization	2,993	3,173	3,080	2,897	2,693	2,194	909	911	1,148	1,408
Book Value per Share	$16.77	$17.33	$17.37	$17.50	$17.73	$16.54	$15.23	$15.28	$15.34	$15.35
Tangible Book Value per Share	$16.53	$17.09	$17.13	$17.26	$17.49	$16.54	$15.23	$15.28	$15.34	$15.35
Total Capital	4,310	4,425	4,418	4,874	4,821	4,539	4,168	4,169	4,202	4,204
Total Debt	316	298	280	263	228	235	229	228	253	257
Total Long-Term Debt	226	227	227	227	227	234	228	228	242	246
Net Debt	-491	-431	-350	-183	-239	-278	-264	-156	-113	-160
Capital Expenditures (CapEx)	40	46	59	58	47	59	34	38	33	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	471	440	515	542	526	513	238	349	387	404
Debt-free Net Working Capital (DFNWC)	1,273	1,169	1,145	987	993	1,027	730	733	753	821
Net Working Capital (NWC)	1,184	1,097	1,091	952	992	1,026	729	733	742	810
Net Nonoperating Expense (NNE)	3.83	-63	4.74	43	-1.69	56	95	-0.44	1.69	0.36
Net Nonoperating Obligations (NNO)	-491	-431	-350	-183	-239	-278	-264	-156	-113	-160
Total Depreciation and Amortization (D&A)	22	47	47	45	56	66	38	23	30	38
Debt-free, Cash-free Net Working Capital to Revenue	37.66%	38.29%	46.53%	49.74%	40.21%	35.99%	17.72%	28.45%	35.22%	40.56%
Debt-free Net Working Capital to Revenue	101.87%	101.82%	103.39%	90.68%	75.93%	71.96%	54.38%	59.80%	68.52%	82.48%
Net Working Capital to Revenue	94.72%	95.57%	98.57%	87.42%	75.86%	71.90%	54.31%	59.80%	67.52%	81.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	$0.44	$0.14	$0.37	$0.07	($1.06)	($1.42)	$0.05	$0.05	$0.03
Adjusted Weighted Average Basic Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M
Adjusted Diluted Earnings per Share	($0.12)	$0.43	$0.14	$0.35	$0.07	($1.04)	($1.42)	$0.05	$0.05	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	206.61M	206.76M	206.52M	203.87M	203.89M	202.46M	202.09M	202.10M	202.37M	202.39M
Normalized Net Operating Profit after Tax (NOPAT)	-25	32	34	37	56	78	-184	7.50	8.26	24
Normalized NOPAT Margin	-14.99%	10.50%	10.72%	12.31%	14.55%	18.27%	-79.72%	4.06%	3.21%	7.45%
Pre Tax Income Margin	-25.22%	37.99%	10.11%	13.01%	16.03%	-78.69%	-164.28%	7.82%	2.78%	11.72%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-8.26	20.37	7.28	8.90	16.14	-132.15	-80.25	7.87	3.43	12.39
NOPAT to Interest Expense	-5.41	5.35	6.67	33.40	-2.19	-82.77	-56.61	0.96	2.70	-0.84
EBIT Less CapEx to Interest Expense	-17.03	12.68	-4.42	-2.79	4.51	-155.50	-87.56	-10.27	-7.70	0.79
NOPAT Less CapEx to Interest Expense	-14.18	-2.34	-5.04	21.72	-13.82	-106.13	-63.92	-17.17	-8.43	-12.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.93%	44.35%	47.14%	28.07%	24.05%	-47.97%	-8.52%	-4.60%	-2.36%	0.00%
Augmented Payout Ratio	69.74%	91.89%	111.58%	87.96%	42.98%	-94.81%	-20.53%	-7.93%	-5.76%	-2.79%

Frequently Asked Questions About SSR Mining's Financials

When does SSR Mining's fiscal year end?

According to the most recent income statement we have on file, SSR Mining's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has SSR Mining's net income changed over the last 2 years?

SSR Mining's net income appears to be on an upward trend, with a most recent value of -$352.58 million in 2024, falling from $210.43 million in 2022. The previous period was -$120.23 million in 2023.

What is SSR Mining's operating income?

SSR Mining's total operating income in 2024 was -$322.29 million, based on the following breakdown:

Total Gross Profit: $481.59 million
Total Operating Expenses: $803.87 million

How has SSR Mining revenue changed over the last 2 years?

Over the last 2 years, SSR Mining's total revenue changed from $1.15 billion in 2022 to $995.62 million in 2024, a change of -13.3%.

How much debt does SSR Mining have?

SSR Mining's total liabilities were at $1.24 billion at the end of 2024, a 14.8% increase from 2023, and a 10.1% increase since 2022.

How much cash does SSR Mining have?

In the past 2 years, SSR Mining's cash and equivalents has ranged from $387.88 million in 2024 to $655.45 million in 2022, and is currently $387.88 million as of their latest financial filing in 2024.

How has SSR Mining's book value per share changed over the last 2 years?

Over the last 2 years, SSR Mining's book value per share changed from 17.33 in 2022 to 15.35 in 2024, a change of -11.4%.

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This page (NASDAQ:SSRM) was last updated on 4/16/2025 by MarketBeat.com Staff

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SSR Mining (SSRM) Financials

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SSR Mining (SSRM) Financials

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