| Address:
|
999 W HASTINGS ST
SUITE 1400 |
| City: |
VANCOUVER BC CANADA |
|
State: |
|
|
Zip Code: |
V6C 2W2 |
| Telephone: |
604-689-3846 |
|
Description of Business
|
Primary SIC Code:
6795 |
| (As filed with the SEC)
|
|
|
We were incorporated as a company in British Columbia, Canada, on December 11,
1946 under the name "Silver Standard Mines, Limited (NPL)" and changed our name
to "Silver Standard Mines Limited" on July 18, 1979. We changed our name to
"Consolidated Silver Standard Mines Limited" and consolidated our common shares
on a 1-for-5 basis on August 9, 1984. All references to the number of shares or
per share data in this Annual Report refer to consolidated shares/data, unless
otherwise indicated. We changed our name to "Silver Standard Resources Inc." on
April 9, 1990. On May 12, 2005, our shareholders adopted new articles as
required by the new British Columbia Business Corporations Act and authorized an
increase in our authorized capital from 100,000,000 common shares without par
value to an unlimited number of common shares without par value. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 5.68 | NA | 3.23 | | 06/2011 | 5.28 | NA | 5.05 | | 03/2011 | 4.58 | NA | 6.85 | | 12/2010 | 4.42 | NA | 6.38 | | 09/2010 | -0.52 | NA | N/E | | 06/2010 | -0.43 | NA | N/E | | 03/2010 | -0.25 | NA | N/E | | 12/2009 | -0.19 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.52 | Total Liab/Total Assets | 0.18 | | Net Inc/Total Assets | 0.27 | Total Liab/Inv Cap | 0.19 | | Net Inc/Inv Cap | 0.28 | Total Liab/Comm Equity | 0.34 | | Pretax Inc/Net Sales | 3.29 | Interest Coverage Ratio | 27.55 | | Net Inc/Net Sales | 3.08 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | -0.10 | LTD/Equity | 0.12 | | SG&A/NetSales | 0.26 | Total Debt/Equity | 0.12 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 6.14 | Quick Ratio | 7.90 | | Inventory Turnover | 2.50 | Current Ratio | 8.95 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.09 | | Net Sales/Work Cap | 0.37 | Inv/Curr Assets | 0.12 | | Net Sales/PP&E | 0.18 | | |
Income Statement (Millions) |
| |
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Total Revenues(Net Sales)
|
112.26
|
5.44
|
NA
|
NA
|
|
Cost of Goods Sold
|
75.97
|
5.93
|
41.48
|
0.88
|
|
Selling & Admin Exps
|
29.72
|
16.61
|
15.29
|
27.57
|
|
Operating Income
|
-23.83
|
-19.95
|
-57.05
|
-28.77
|
|
Interest Exp
|
13.92
|
1.10
|
2.73
|
NA
|
|
Pretax Income
|
369.54
|
-17.50
|
-15.19
|
-34.79
|
|
Other Income
|
407.36
|
3.55
|
44.59
|
-45.18
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
346.24
|
-13.19
|
-29.77
|
-73.95
|
|
Assets
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Cash & Short Term Investments
|
265.78
|
44.52
|
82.94
|
132.14
|
|
Receivables - Total
|
30.32
|
6.24
|
2.77
|
2.96
|
|
Inventories - Total
|
40.18
|
20.57
|
NA
|
NA
|
|
Total Current Assets
|
342.05
|
75.20
|
86.81
|
135.56
|
|
Net Property, Plant & Equipment
|
613.66
|
612.62
|
201.84
|
69.97
|
|
Total Assets
|
1,262.02
|
749.93
|
348.55
|
263.06
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
37.26
|
50.34
|
45.09
|
13.53
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
1.44
|
|
Total Current Liabilities
|
38.21
|
50.68
|
45.33
|
16.02
|
|
Long-Term Debt
|
121.88
|
114.11
|
104.05
|
NA
|
|
Total Liabilities
|
230.74
|
213.24
|
156.47
|
19.52
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.50
|
0.50
|
0.50
|
0.62
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
671.54
|
538.70
|
388.71
|
467.59
|
|
Retained Earnings
|
277.67
|
-68.57
|
-252.49
|
-275.38
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,031.28
|
536.69
|
192.09
|
243.54
|
|
Total Liabilities and Stockholders' Equity
|
1,262.02
|
749.93
|
348.55
|
263.06
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2010
|
12/31/2009
|
12/31/2008
|
12/31/2007
|
|
Net Cash Provided by Operating Activities
|
-11.11
|
-39.94
|
-53.26
|
-41.81
|
|
Net Cash Provided by Investing Activities
|
92.69
|
-151.82
|
-91.45
|
-122.09
|
|
Net Cash Provided by Financing Activities
|
124.08
|
146.41
|
135.12
|
12.02
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 0.00 | -9.48 | 0.24 | | 12/2007 | 0.00 | -73.95 | -0.55 | | 12/2008 | 0.00 | -29.77 | -0.14 | | 12/2009 | 5.44 | -13.19 | -0.19 | | 12/2010 | 112.26 | 346.24 | 4.42 | | Growth Rates | Infinity | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 146 | 43,326 | 53.69 |
|
Report Date :
2/6/2012
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