McEwen Mining Inc. (MUX) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21 19273726
Cash and cash equivalents21 16273726
Short-term investments  3   
Receivables2 15410
Inventory, net of allowances, customer advances and progress billings27 22322715
Inventory27 22322715
Other current assets  3523
Other undisclosed current assets4 151891
Total current assets:53 59877954
Noncurrent Assets
Inventory, Noncurrent5     
Operating lease, right-of-use asset1 
Property, plant and equipment49 115511416
Long-term investments and receivables108 128150162167
Long-term investments108 128150162167
Restricted cash and investments4 0   
Other noncurrent assets1 61111
Other undisclosed noncurrent assets279 309293243237
Total noncurrent assets:446 558505420421
TOTAL ASSETS:500 617592498475
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:36 31352018
Other undisclosed accounts payable and accrued liabilities36 31352018
Debt  20 3
Asset retirement obligation3 1110
Other undisclosed current liabilities6 32  
Total current liabilities:46 36382122
Noncurrent Liabilities
Long-term debt and lease obligation  50  
Capital lease obligations50  
Liabilities, other than long-term debt62 65333535
Deferred revenue and credits  0
Asset retirement obligations31 292498
Deferred tax liabilities, net682427
Deferred income tax liabilities4 
Due to related parties24 25   
Other liabilities3 612 
Other undisclosed noncurrent liabilities27 25   
Total noncurrent liabilities:89 95333535
Total liabilities:135 131715557
Stockholders' equity
Stockholders' equity attributable to parent, including:365 486521443418
Common stock1,549 1,4571,4441,3601,359
Accumulated other comprehensive income (loss)   32(1)
Accumulated deficit(1,184) (971)(930)(919)(940)
Other undisclosed stockholders' equity attributable to parent   4  
Total stockholders' equity:365 486521443418
TOTAL LIABILITIES AND EQUITY:500 617592498475

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues105 129686073
Revenue, net686073
Cost of revenue(33) (54)(67)(40)(55)
Cost of goods and services sold(23)  (67)(40)(45)
Other undisclosed gross profit(99) (40)   
Gross profit:(27) 3512018
Operating expenses(93) (28)(27)(16)(67)
Other operating expense, net
(Other Nonrecurring (Income) Expense)
(2)     
Other undisclosed operating income (loss)(31) (54) 11 
Operating income (loss):(153) (47)(26)15(49)
Nonoperating income (expense)(1) (1)024
Investment income, nonoperating   102
Foreign currency transaction gain, before tax  4112
Other nonoperating income7     
Interest and debt expense(0) (2)   
Income (loss) from continuing operations before equity method investments, income taxes:(154) (50)(26)17(45)
Other undisclosed income from continuing operations before income taxes0 2   
Income (loss) before gain (loss) on sale of properties:(154) (48)(26)17(45)
Other undisclosed net income1 315  
Net income (loss) attributable to parent:(152) (45)(11)17(45)
Other undisclosed net income available to common stockholders, basic    425
Net income (loss) available to common stockholders, diluted:(152) (45)(11)21(20)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(152) (45)(11)17(45)
Comprehensive income (loss):(152) (45)(11)17(45)
Other undisclosed comprehensive income, net of tax, attributable to parent   1624
Comprehensive income (loss), net of tax, attributable to parent:(152) (45)(9)24(21)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: