Agnico Cash And Short Term Investments vs Short Term Investments Analysis
AEM Stock | CAD 95.44 1.74 1.86% |
Agnico Eagle financial indicator trend analysis is way more than just evaluating Agnico Eagle Mines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agnico Eagle Mines is a good investment. Please check the relationship between Agnico Eagle Cash And Short Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Cash And Short Term Investments vs Short Term Investments
Cash And Short Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agnico Eagle Mines Cash And Short Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Agnico Eagle's Cash And Short Term Investments and Short Term Investments is 0.07. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Agnico Eagle Mines, assuming nothing else is changed. The correlation between historical values of Agnico Eagle's Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Agnico Eagle Mines are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., Agnico Eagle's Cash And Short Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Agnico Eagle Mines balance sheet. This account contains Agnico Eagle investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Agnico Eagle Mines fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Short Term Investments
Short Term Investments is an item under the current assets section of Agnico Eagle balance sheet. It contains any investments Agnico Eagle Mines undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Agnico Eagle Mines can easily liquidate in the marketplace.Most indicators from Agnico Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agnico Eagle Mines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Agnico Eagle's Selling General Administrative is very stable compared to the past year. As of the 20th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Tax Provision is likely to drop about 254.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.0B | 1.3B | 1.7B | 1.8B | Total Revenue | 3.8B | 5.7B | 6.6B | 7.0B |
Agnico Eagle fundamental ratios Correlations
Click cells to compare fundamentals
Agnico Eagle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agnico Eagle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 233.3M | 238.2M | 243.1M | 244.7M | 497.3M | 522.2M | |
Total Assets | 8.8B | 9.6B | 10.2B | 23.5B | 28.7B | 30.1B | |
Other Current Liab | 55.4M | 131.0M | 89.2M | 137.5M | 7.2M | 6.9M | |
Total Current Liabilities | 775.6M | 515.7M | 761.8M | 946.4M | 1.0B | 1.1B | |
Total Stockholder Equity | 5.1B | 5.7B | 6.0B | 16.2B | 19.4B | 20.4B | |
Property Plant And Equipment Net | 7.0B | 7.3B | 7.6B | 18.5B | 21.2B | 22.3B | |
Net Debt | 1.5B | 1.3B | 1.5B | 834.8M | 1.5B | 1.6B | |
Retained Earnings | (647.3M) | (366.4M) | (165.3M) | (201.6M) | 963.2M | 1.0B | |
Accounts Payable | 345.6M | 363.8M | 414.7M | 672.5M | 317.9M | 333.8M | |
Cash | 321.9M | 402.5M | 185.8M | 658.6M | 338.6M | 216.4M | |
Non Current Assets Total | 7.6B | 8.4B | 8.9B | 21.3B | 26.5B | 27.8B | |
Non Currrent Assets Other | 184.9M | 259.3M | 353.2M | 466.9M | 641.0M | 673.1M | |
Cash And Short Term Investments | 414.2M | 406.5M | 191.1M | 658.6M | 757.4M | 795.3M | |
Short Term Investments | 92.3M | 3.9M | 5.3M | 9.9M | 10.2M | 9.7M | |
Liabilities And Stockholders Equity | 8.8B | 9.6B | 10.2B | 23.5B | 27.0B | 28.4B | |
Non Current Liabilities Total | 2.9B | 3.4B | 3.4B | 6.3B | 8.2B | 8.6B | |
Other Current Assets | 179.2M | 159.2M | 198.8M | 260.0M | 35.9M | 34.1M | |
Other Stockholder Equity | 217.4M | 212.9M | 228.4M | 220.7M | 253.8M | 241.1M | |
Total Liab | 3.7B | 3.9B | 4.2B | 7.3B | 9.3B | 9.7B | |
Property Plant And Equipment Gross | 7.0B | 7.3B | 14.1B | 26.1B | 32.5B | 34.1B | |
Total Current Assets | 1.2B | 1.2B | 1.3B | 2.2B | 2.2B | 2.3B | |
Accumulated Other Comprehensive Income | (47.9M) | 85.3M | 54.3M | (29.0M) | (33.4M) | (31.7M) | |
Short Term Debt | 374.7M | 20.9M | 258.0M | 136.5M | 156.9M | 164.8M | |
Short Long Term Debt Total | 1.8B | 1.7B | 1.7B | 1.5B | 1.7B | 1.8B | |
Inventory | 580.1M | 630.5M | 878.9M | 1.2B | 1.4B | 1.5B | |
Common Stock Total Equity | 5.3B | 5.4B | 5.6B | 5.8B | 6.6B | 3.3B | |
Common Stock | 5.6B | 5.8B | 5.9B | 16.3B | 18.7B | 19.6B | |
Net Receivables | 10.6M | 15.5M | 21.2M | 43.6M | 8.1M | 7.7M | |
Other Liab | 1.4B | 1.8B | 2.0B | 5.0B | 5.7B | 6.0B | |
Net Tangible Assets | 4.1B | 4.7B | 5.3B | 5.6B | 6.4B | 4.6B | |
Other Assets | 184.9M | 259.3M | 561.4M | 450.5M | 518.1M | 544.0M | |
Long Term Debt | 1.4B | 1.6B | 1.3B | 1.2B | 1.7B | 1.5B | |
Property Plant Equipment | 7.0B | 7.3B | 7.6B | 18.5B | 21.2B | 22.3B | |
Long Term Debt Total | 1.5B | 1.7B | 1.4B | 1.4B | 1.6B | 1.5B | |
Capital Lease Obligations | 116.8M | 120.3M | 131.4M | 151.3M | 161.5M | 96.3M | |
Non Current Liabilities Other | 20.5M | 63.3M | 70.3M | 72.6M | 241.8M | 253.9M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |