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SILVER ELEPHANT MNG (SILEF) Financials

SILEF OTC
FY2021 annual
Net Income -$5.3M n/m YoY
EPS (Diluted) -$0.26 YoY not available
Free Cash Flow -$1.7M n/m YoY
Operating Cash Flow -$1.7M n/m YoY
Market Cap $6.5M as of Oct 26, 2026
Price / Sales n/m no revenue reported
Price / Earnings n/m net loss, so no earnings multiple, FY2021
Price / Book 0.2x on $38.5M equity, Q4 FY2021

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2021, ended Dec 31, 2021 Reported Currency USD FYE December

Newest figures come from the 10-K for FY2021, filed May 9, 2022. Each column of the statement tables below links to the filing it was taken from.

This page shows SILVER ELEPHANT MNG CORP (SILEF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score not available

SILVER ELEPHANT MNG CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
3/6

SILVER ELEPHANT MNG CORP passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality No Cash Backing
N/A

SILVER ELEPHANT MNG CORP reported a net loss of $5.3M while operations used $1.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$5.3M
YoYn/m
5Y CAGRn/m

SILVER ELEPHANT MNG CORP reported a net loss of $5.3M in fiscal year 2021. The change from the prior year is not meaningful, because that figure was zero or negative.

EPS (Diluted)
-$0.26

SILVER ELEPHANT MNG CORP earned -$0.26 per diluted share (EPS) in fiscal year 2021.

Revenue

Not reported for fiscal year 2021.

EBITDA

Not reported for fiscal year 2021.

Cash & Balance Sheet

Free Cash Flow
-$1.7M
YoYn/m
5Y CAGRn/m

SILVER ELEPHANT MNG CORP recorded an outflow of $1.7M in free cash flow in fiscal year 2021, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.

Cash & Debt
$454K
YoY-92.4%
5Y CAGR+94.9%

SILVER ELEPHANT MNG CORP held $454K in cash as of fiscal year 2021; no long-term debt figure is on record for that period.

Shares Outstanding
24M

SILVER ELEPHANT MNG CORP had 24M shares outstanding in fiscal year 2021.

Dividends Per Share

Not reported for fiscal year 2021.

Margins & Returns

Return on Equity
-13.9%
YoY-1.5pp

SILVER ELEPHANT MNG CORP's ROE was -13.9% in fiscal year 2021, measuring profit generated per dollar of shareholder equity. This is down 1.5 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2021.

Operating Margin

Not reported for fiscal year 2021.

Net Margin

Not reported for fiscal year 2021.

Capital Allocation

Capital Expenditures
$0
YoY-100.0%
5Y CAGRn/m

SILVER ELEPHANT MNG CORP reported no capital expenditure in fiscal year 2021. This represents a decrease of 100.0% from the prior year.

R&D Spending

Not reported for fiscal year 2021.

Share Buybacks

Not reported for fiscal year 2021.

SILEF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SILEF annual income statement
MetricFY2110-KFY2010-KFY1910-KFY1810-KFY1710-KFY1610-K
Interest ExpenseN/AN/A$0n/m$0-100.0%$17K-91.3%$193K
Income Tax$0n/m$0n/m$0n/m$0n/m$0n/m$0
Net Income-$5.3Mn/m-$3.6M-126.9%$13.5Mn/m-$13.3Mn/m-$14.9Mn/m-$1.5M
EPS (Basic)-$0.26-$0.27-120.2%$1.32-$0.17n/m-$0.26N/A
EPS (Diluted)-$0.26-$0.27-120.2%$1.32-$0.17n/m-$0.26N/A
Diluted Shares (Avg)21M14M+34.7%10M78M+40.7%56MN/A

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

SILEF Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SILEF annual balance sheet
MetricFY2110-KFY2010-KFY1910-KFY1810-KFY1710-KFY1610-K
Total Assets$48.6M+55.5%$31.2M+47.5%$21.2M+211.9%$6.8M-53.7%$14.7M-29.2%$20.7M
Current Assets$31.9M+422.4%$6.1M+133.1%$2.6M-34.5%$4.0M+11.8%$3.6M+881.5%$365K
Cash & Equivalents$454K-92.4%$6.0M+156.2%$2.3M-40.1%$3.9M+18.7%$3.3M+20217.8%$16K
Accounts Receivable$62K+4.1%$59K-68.8%$190K+613.3%$27K-3.6%$28K-59.4%$68K
Total Liabilities$8.9M+358.0%$1.9M-8.2%$2.1M-71.2%$7.3M-5.0%$7.7M-5.9%$8.2M
Current Liabilities$7.3M+422.6%$1.4M-26.2%$1.9M+57.7%$1.2M-20.8%$1.5M-45.5%$2.8M
Non-Current Liabilities$1.6M+192.5%$545K+145.9%$222K-96.4%$6.1M-1.2%$6.2M+14.3%$5.4M
Total Equity$38.5M+31.4%$29.3M+53.7%$19.1Mn/m-$557K-108.0%$6.9M-44.5%$12.5M
Retained Earnings-$150.2Mn/m-$145.1Mn/m-$139.2Mn/m-$145.1Mn/m-$143.7Mn/m-$120.1M

Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Long-Term Debt.

SILEF Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SILEF annual cash flow statement
MetricFY2110-KFY2010-KFY1910-KFY1810-KFY1710-KFY1610-K
Operating Cash Flow-$1.7Mn/m-$2.0Mn/m-$2.1Mn/m-$1.9Mn/m-$565Kn/m-$338K
Capital Expenditures$0-100.0%-$88K-0.1%-$88K-0.7%$88K-78.6%$412Kn/m$0
Free Cash Flow-$1.7Mn/m-$2.1Mn/m-$2.2Mn/m-$2.0Mn/m-$977Kn/m-$338K
Investing Cash Flow-$12.1Mn/m-$5.0Mn/m-$4.8Mn/m-$2.7Mn/m-$1.6Mn/m-$452K
Financing Cash Flow$14.2M+33.5%$10.6M+107.6%$5.1M-6.5%$5.5M+1.0%$5.4M+593.3%$781K

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.

SILEF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SILEF annual financial ratios
MetricFY2110-KFY2010-KFY1910-KFY1810-KFY1710-KFY1610-K
Return on Equity-13.9%-1.5pp-12.4%-83.3pp70.9%N/A-214.0%-202.1pp-11.9%
Return on Assets-11.0%+0.6pp-11.6%-75.4pp63.8%+260.1pp-196.3%-95.1pp-101.2%-94.0pp-7.2%
Current Ratio4.380.0x4.38+3.0x1.39-2.0x3.34+1.0x2.36+2.2x0.13
Liabilities-to-Equity0.23+0.2x0.070.0x0.11N/A1.11+0.5x0.66

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.

Frequently Asked Questions

Is SILVER ELEPHANT MNG CORP profitable?

No, SILVER ELEPHANT MNG CORP (SILEF) reported a net loss of $5.3M in fiscal year 2021.

What is SILVER ELEPHANT MNG CORP's earnings per share (EPS)?

SILVER ELEPHANT MNG CORP (SILEF) reported diluted earnings per share of -$0.26 for fiscal year 2021. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is SILVER ELEPHANT MNG CORP's return on equity (ROE)?

SILVER ELEPHANT MNG CORP (SILEF) has a return on equity of -13.9% for fiscal year 2021, measuring how efficiently the company generates profit from shareholder equity.

SILVER ELEPHANT MNG CORP (SILEF) recorded an outflow of $1.7M in free cash flow during fiscal year 2021. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

SILVER ELEPHANT MNG CORP (SILEF) recorded an outflow of $1.7M in operating cash flow during fiscal year 2021, representing cash used by core business activities.

SILVER ELEPHANT MNG CORP (SILEF) had $48.6M in total assets as of fiscal year 2021, including both current and long-term assets.

SILVER ELEPHANT MNG CORP (SILEF) reported no capital expenditure during fiscal year 2021.

SILVER ELEPHANT MNG CORP (SILEF) had 24M shares outstanding as of fiscal year 2021.

SILVER ELEPHANT MNG CORP (SILEF) had a current ratio of 4.38 as of fiscal year 2021, which is generally considered healthy.

SILVER ELEPHANT MNG CORP (SILEF) had a liabilities-to-equity ratio of 0.23 as of fiscal year 2021, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2021, because the filing data we hold for that year carries no long-term debt figure.

SILVER ELEPHANT MNG CORP (SILEF) had a return on assets of -11.0% for fiscal year 2021, measuring how efficiently the company uses its assets to generate profit.

SILVER ELEPHANT MNG CORP (SILEF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2021). The market capitalization is $6.5M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SILVER ELEPHANT MNG CORP (SILEF) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $6.5M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

SILVER ELEPHANT MNG CORP (SILEF) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

SILVER ELEPHANT MNG CORP (SILEF) reported a net loss of $5.3M while operations used $1.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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