Silver Bull Res Inc Financials

SVBL

Source SEC Filings (10-K/10-Q) Updated Oct 31, 2025 Currency USD FYE October

This page shows Silver Bull Res Inc (SVBL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 32 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

Piotroski F-Score Weak

2/9

Silver Bull Res Inc passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Mixed

-0.00x

For every $1 of reported earnings, Silver Bull Res Inc generates $-0.00 in operating cash flow ($36K OCF vs -$13.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Revenue

N/A

EBITDA

-$5.2M

YoY-2026.7%

Silver Bull Res Inc's EBITDA was -$5.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 2026.7% from the prior year.

Free Cash Flow

N/A

Net Income

-$13.1M

YoY-7663.1%

Silver Bull Res Inc reported -$13.1M in net income in fiscal year 2025. This represents a decrease of 7663.1% from the prior year.

EPS (Diluted)

$-0.28

Silver Bull Res Inc earned $-0.28 per diluted share (EPS) in fiscal year 2025.

Cash & Debt

$1.1M

YoY+91.8%

5Y CAGR+5.7%

10Y CAGR+6.9%

Silver Bull Res Inc held $1.1M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

49M

YoY+4.1%

5Y CAGR+8.0%

Silver Bull Res Inc had 49M shares outstanding in fiscal year 2025. This represents an increase of 4.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

SVBL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	$935K-10.5%	$1.0M-59.2%	$2.6M+68.3%	$1.5M
Operating Income	-$5.3M-1995.8%	-$254K+79.9%	-$1.3M+63.1%	-$3.4M+2.9%	-$3.5M-60.7%	-$2.2M
Interest Expense	N/A	N/A	N/A	N/A	$92-98.8%	$8K
Income Tax	$347-67.1%	$1K-52.4%	$2K-51.0%	$5K-0.7%	$5K-42.7%	$8K
Net Income	-$13.1M-7663.1%	-$169K+86.5%	-$1.3M+60.5%	-$3.2M-29.4%	-$2.4M-10.0%	-$2.2M
EPS (Diluted)	$-0.28	$0.00+100.0%	$-0.04+55.6%	$-0.09-28.6%	$-0.07	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	$30K-66.5%	$90K-74.6%	$353K-16.0%	$421K
Operating Income	-$159K-631.0%	-$22K+79.0%	-$103K-156.0%	-$40K+27.2%	-$56K+62.7%	-$149K+68.9%	-$479K-3.5%	-$462K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$3K	N/A	$3K+772.9%	-$425-188.5%	$480-52.0%	$1K0.0%	$1K+453.4%	-$283
Net Income	-$405K-476.7%	-$70K+31.4%	-$102K-584.5%	$21K+210.1%	-$19K+90.0%	-$193K+59.6%	-$476K+0.3%	-$478K
EPS (Diluted)	$-0.01	$0.00	$0.00	$0.00	$0.00	$0.00+100.0%	$-0.010.0%	$-0.01

SVBL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.5M-74.6%	$6.0M-0.3%	$6.0M-0.5%	$6.1M-27.2%	$8.3M-11.1%	$9.4M
Current Assets	$1.5M+79.8%	$811K+1.3%	$800K+0.4%	$798K-18.7%	$981K-52.4%	$2.1M
Cash & Equivalents	$1.1M+91.8%	$592K+21.0%	$490K-34.4%	$746K+244.6%	$216K-74.9%	$863K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$185K+14.9%	$161K-23.3%	$210K	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$5.0M+143.2%	$2.1M0.0%	$2.1M
Total Liabilities	$8.4M+1388.6%	$567K-1.8%	$577K+16.7%	$495K-15.4%	$585K-37.6%	$937K
Current Liabilities	$7.7M+1516.0%	$474K+10.4%	$429K-4.6%	$450K-16.3%	$538K-39.6%	$890K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$6.9M-226.6%	$5.5M-0.1%	$5.5M-2.0%	$5.6M-28.1%	$7.8M-8.2%	$8.4M
Retained Earnings	-$151.9M-9.4%	-$138.9M-0.1%	-$138.8M-0.8%	-$137.7M-2.4%	-$134.6M-1.3%	-$132.9M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Total Assets	$1.5M-74.5%	$6.0M-0.3%	$6.0M+0.2%	$6.0M-1.0%	$6.1M+0.5%	$6.0M-7.0%	$6.5M+11.6%	$5.8M
Current Assets	$1.5M+85.2%	$787K-2.9%	$811K+2.0%	$795K-4.4%	$832K+3.9%	$800K-36.3%	$1.3M+131.9%	$542K
Cash & Equivalents	$1.1M+202.5%	$375K-36.6%	$592K+24.2%	$477K+6.5%	$448K-8.6%	$490K-51.5%	$1.0M+102.6%	$498K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$185K-48.3%	$358K+122.2%	$161K-11.2%	$181K-18.5%	$222K+6.0%	$210K+49.7%	$140K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	$5.0M0.0%	$5.0M
Total Liabilities	$8.4M+1296.0%	$604K+6.6%	$567K+21.1%	$468K-23.2%	$609K+5.5%	$577K-35.9%	$900K+41.9%	$635K
Current Liabilities	$7.7M+1532.3%	$469K-1.0%	$474K+25.3%	$378K-18.5%	$464K+8.1%	$429K-52.3%	$900K+41.9%	$635K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$6.9M-227.9%	$5.4M-1.1%	$5.5M-1.6%	$5.5M+1.5%	$5.5M0.0%	$5.5M-2.3%	$5.6M+7.9%	$5.2M
Retained Earnings	-$151.9M-9.3%	-$139.0M-0.1%	-$138.9M-0.1%	-$138.8M-199.9%	$139.0M+200.1%	-$138.8M-0.1%	-$138.6M-0.3%	-$138.2M

SVBL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$36K+108.7%	-$421K+47.0%	-$794K+36.7%	-$1.3M+25.5%	-$1.7M+13.9%	-$2.0M
Capital Expenditures	N/A	$1K	N/A	N/A	$82K+70.7%	$48K
Free Cash Flow	N/A	-$422K	N/A	N/A	-$1.8M+11.9%	-$2.0M
Investing Cash Flow	N/A	$15K	N/A	$1.4M+157.0%	-$2.5M-516.4%	-$408K
Financing Cash Flow	$628K+1205.1%	-$57K-106.2%	$916K+76.8%	$518K-79.5%	$2.5M-9.6%	$2.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Operating Cash Flow	-$42K+81.3%	-$223K-582.8%	$46K-82.9%	$270K+573.4%	-$57K+88.4%	-$490K-230.2%	-$148K+40.2%	-$248K
Capital Expenditures	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	$270K	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A
Financing Cash Flow	$546K	N/A	N/A	-$27K	$0+100.0%	-$29K	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SVBL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-855.6%-852.8pp	-2.8%+17.9pp	-20.7%+31.5pp	-52.2%-22.8pp	-29.4%-5.6pp	-23.7%
Current Ratio	0.19-1.5	1.71-0.2	1.86+0.1	1.77-0.1	1.83-0.5	2.32
Debt-to-Equity	-1.22-1.3	0.100.0	0.11+0.0	0.09+0.0	0.08-0.0	0.11
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	0.4%	N/A	N/A	N/A	N/A
Return on Assets	-6.7%-5.5pp	-1.2%+0.5pp	-1.7%-2.1pp	0.4%+0.7pp	-0.3%+2.9pp	-3.2%+5.4pp	-8.6%-0.4pp	-8.2%
Current Ratio	0.19-1.5	1.68-0.0	1.71-0.4	2.10+0.3	1.79-0.1	1.86+0.5	1.40+0.5	0.85
Debt-to-Equity	-1.22-1.3	0.110.0	0.10+0.0	0.08-0.0	0.110.0	0.11-0.1	0.16+0.0	0.12
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$6.9M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.19), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Stallion Uranium Corp STLNF

$13.3M

American Critical Minerals Corp APCOF

$13.1M

Desert Gold Ventures Inc DAUGF

$14.6M

Pacific Booker PBMLF

$12.7M

Thunder Gold TGOLF

$12.7M

Frequently Asked Questions

Is Silver Bull Res Inc profitable?

No, Silver Bull Res Inc (SVBL) reported a net income of -$13.1M in fiscal year 2025.

What is Silver Bull Res Inc's earnings per share (EPS)?

Silver Bull Res Inc (SVBL) reported diluted earnings per share of $-0.28 for fiscal year 2025. 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 Bull Res Inc's EBITDA?

Silver Bull Res Inc (SVBL) had EBITDA of -$5.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Silver Bull Res Inc's operating cash flow?

Silver Bull Res Inc (SVBL) generated $36K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Silver Bull Res Inc's total assets?

Silver Bull Res Inc (SVBL) had $1.5M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Silver Bull Res Inc have outstanding?

Silver Bull Res Inc (SVBL) had 49M shares outstanding as of fiscal year 2025.

What is Silver Bull Res Inc's current ratio?

Silver Bull Res Inc (SVBL) had a current ratio of 0.19 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Silver Bull Res Inc's debt-to-equity ratio?

Silver Bull Res Inc (SVBL) had a debt-to-equity ratio of -1.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Silver Bull Res Inc's return on assets (ROA)?

Silver Bull Res Inc (SVBL) had a return on assets of -855.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Why is Silver Bull Res Inc's debt-to-equity ratio negative or unusual?

Silver Bull Res Inc (SVBL) has negative shareholder equity of -$6.9M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Silver Bull Res Inc's Piotroski F-Score?

Silver Bull Res Inc (SVBL) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Silver Bull Res Inc's earnings high quality?

Silver Bull Res Inc (SVBL) has an earnings quality ratio of -0.00x, considered mixed quality. 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.