McEwen Mining Inc. (MUX) financial statements (2020 and earlier)

Company profile

Business Address SUITE 2800
TORONTO, ON M5H 1J9
State of Incorp. CO
Fiscal Year End December 31
SIC 104 - Gold And Silver Ores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments48192737261224
Cash and cash equivalents46162737261224
Short-term investments23     
Receivables315410  
Inventory, net of allowances, customer advances and progress billings3822322715129
Inventory3822322715129
Other current assets3352322
Other undisclosed current assets 1518911312
Total current assets:92598779544047
Noncurrent Assets
Inventory, Noncurrent10      
Operating lease, right-of-use asset1
Property, plant and equipment1081155114161815
Long-term investments and receivables110128150162167177213
Long-term investments110128150162167177213
Restricted cash and investments00    5
Other noncurrent assets16111110
Other undisclosed noncurrent assets310309293243237288643
Total noncurrent assets:539558505420421483876
TOTAL ASSETS:631617592498475523923
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:34313520182210
Taxes payable     0 
Other undisclosed accounts payable and accrued liabilities34313520182110
Debt520 3  
Asset retirement obligation3111021
Due to related parties5      
Other undisclosed current liabilities232    
Total current liabilities:49363821222411
Noncurrent Liabilities
Long-term debt and lease obligation 50    
Capital lease obligations50    
Liabilities, other than long-term debt58653335356165
Deferred revenue and credits  00 
Asset retirement obligations3029249856
Deferred tax liabilities, net682427 159
Deferred income tax liabilities5
Due to related parties2025     
Other liabilities4612 00
Other undisclosed noncurrent liabilities2525   52 
Total noncurrent liabilities:839533353558165
Total liabilities:13213171555782176
Stockholders' equity
Stockholders' equity attributable to parent, including:499486521443418441747
Common stock1,5311,4571,4441,3601,3591,3611,355
Accumulated other comprehensive income (loss)  32(1)0(0)
Accumulated deficit(1,031)(971)(930)(919)(940)(920)(608)
Other undisclosed stockholders' equity attributable to parent  4    
Total stockholders' equity:499486521443418441747
TOTAL LIABILITIES AND EQUITY:631617592498475523923

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1171296860734546
Revenue, net6860734546
Cost of revenue(60)(54)(67)(40)(55)(83)(158)
Cost of goods and services sold(2) (67)(40)(45)(54)(60)
Other undisclosed gross profit(48)(40)     
Gross profit:93512018(38)(112)
Operating expenses(13)(28)(27)(16)(67)(373)(89)
Other undisclosed operating income (loss)(60)(54) 11   
Operating income (loss):(64)(47)(26)15(49)(410)(200)
Nonoperating income (expense)0(1)024(9)(1)
Investment income, nonoperating  10201
Foreign currency transaction gain (loss), before tax 4112(2)(1)
Other nonoperating income7      
Interest and debt expense (2)     
Income (loss) from continuing operations before equity method investments, income taxes:(64)(50)(26)17(45)(419)(201)
Income (loss) from equity method investments     (5)1
Other undisclosed income from continuing operations before income taxes 2     
Income (loss) from continuing operations before income taxes:(64)(48)(26)17(45)(424)(200)
Income tax benefit     10753
Income (loss) before gain (loss) on sale of properties:(64)(48)(26)17(45)(317)(147)
Other undisclosed net income4315    
Net income (loss) attributable to parent:(60)(45)(11)17(45)(317)(147)
Other undisclosed net income (loss) available to common stockholders, basic   4255(1)
Net income (loss) available to common stockholders, diluted:(60)(45)(11)21(20)(312)(148)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(60)(45)(11)17(45)(317)(147)
Comprehensive income (loss):(60)(45)(11)17(45)(317)(147)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  16246(1)
Comprehensive income (loss), net of tax, attributable to parent:(60)(45)(9)24(21)(312)(148)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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