Agnico Total Stockholder Equity vs Cash And Short Term Investments Analysis

AEM Stock

CAD 93.70 0.32 0.34%

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 Total Stockholder Equity and its Cash And 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.

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And 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 Total Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Agnico Eagle's Total Stockholder Equity and Cash And Short Term Investments is 0.74. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And 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 Total Stockholder Equity and Cash 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 Total Stockholder Equity of Agnico Eagle Mines are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Agnico Eagle's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

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 17th 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

Operating Income Total Revenue

Agnico Eagle fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Long Term Debt Total	Inventory	Common Stock Total Equity	Common Stock	Net Receivables
Common Stock Shares Outstanding		0.9	-0.29	0.85	0.89	0.89	0.72	0.64	0.45	0.22	0.9	0.87	0.74	-0.28	0.93	-0.09	-0.14	0.93	0.87	0.88	0.39	0.73	0.9	0.51	0.89	-0.36
Total Assets	0.9		-0.35	0.92	1.0	1.0	0.55	0.72	0.67	0.31	1.0	0.96	0.74	-0.46	0.99	0.08	-0.16	0.99	0.99	0.94	0.39	0.6	0.98	0.42	1.0	-0.48
Other Current Liab	-0.29	-0.35		-0.33	-0.36	-0.34	-0.05	-0.72	-0.11	0.45	-0.37	-0.45	-0.03	0.28	-0.32	0.24	-0.26	-0.33	-0.41	-0.11	-0.36	0.12	-0.29	0.36	-0.33	0.71
Total Current Liabilities	0.85	0.92	-0.33		0.9	0.92	0.69	0.59	0.8	0.34	0.91	0.94	0.65	-0.45	0.93	0.32	-0.2	0.94	0.92	0.91	0.7	0.76	0.96	0.57	0.9	-0.6
Total Stockholder Equity	0.89	1.0	-0.36	0.9		1.0	0.5	0.73	0.66	0.31	1.0	0.96	0.74	-0.46	0.99	0.06	-0.15	0.98	0.99	0.93	0.37	0.56	0.97	0.39	1.0	-0.47
Property Plant And Equipment Net	0.89	1.0	-0.34	0.92	1.0		0.55	0.7	0.69	0.32	1.0	0.96	0.73	-0.47	0.99	0.11	-0.16	0.99	0.99	0.94	0.4	0.61	0.98	0.43	1.0	-0.47
Net Debt	0.72	0.55	-0.05	0.69	0.5	0.55		0.15	0.47	0.01	0.54	0.6	0.29	-0.2	0.62	0.25	-0.14	0.64	0.52	0.58	0.55	0.93	0.64	0.7	0.52	-0.23
Retained Earnings	0.64	0.72	-0.72	0.59	0.73	0.7	0.15		0.29	-0.11	0.73	0.76	0.42	-0.48	0.68	-0.25	0.06	0.68	0.76	0.53	0.19	0.07	0.66	-0.14	0.69	-0.57
Accounts Payable	0.45	0.67	-0.11	0.8	0.66	0.69	0.47	0.29		0.46	0.66	0.73	0.42	-0.41	0.66	0.76	-0.03	0.69	0.67	0.73	0.54	0.62	0.73	0.57	0.66	-0.56
Cash	0.22	0.31	0.45	0.34	0.31	0.32	0.01	-0.11	0.46		0.29	0.21	0.74	0.18	0.3	0.37	-0.18	0.31	0.24	0.57	0.11	0.38	0.31	0.58	0.33	-0.03
Non Current Assets Total	0.9	1.0	-0.37	0.91	1.0	1.0	0.54	0.73	0.66	0.29		0.96	0.73	-0.47	0.99	0.07	-0.16	0.99	0.99	0.93	0.39	0.59	0.98	0.4	1.0	-0.49
Non Currrent Assets Other	0.87	0.96	-0.45	0.94	0.96	0.96	0.6	0.76	0.73	0.21	0.96		0.63	-0.56	0.97	0.14	-0.14	0.97	0.98	0.89	0.47	0.62	0.98	0.41	0.95	-0.62
Cash And Short Term Investments	0.74	0.74	-0.03	0.65	0.74	0.73	0.29	0.42	0.42	0.74	0.73	0.63		0.07	0.73	-0.02	-0.09	0.73	0.67	0.86	0.22	0.53	0.69	0.47	0.75	-0.23
Short Term Investments	-0.28	-0.46	0.28	-0.45	-0.46	-0.47	-0.2	-0.48	-0.41	0.18	-0.47	-0.56	0.07		-0.46	-0.04	0.54	-0.46	-0.52	-0.28	-0.19	-0.12	-0.51	-0.02	-0.45	0.52
Non Current Liabilities Total	0.93	0.99	-0.32	0.93	0.99	0.99	0.62	0.68	0.66	0.3	0.99	0.97	0.73	-0.46		0.08	-0.18	1.0	0.98	0.94	0.41	0.67	0.99	0.47	0.99	-0.47
Other Current Assets	-0.09	0.08	0.24	0.32	0.06	0.11	0.25	-0.25	0.76	0.37	0.07	0.14	-0.02	-0.04	0.08		0.17	0.11	0.08	0.24	0.4	0.39	0.18	0.5	0.08	-0.17
Other Stockholder Equity	-0.14	-0.16	-0.26	-0.2	-0.15	-0.16	-0.14	0.06	-0.03	-0.18	-0.16	-0.14	-0.09	0.54	-0.18	0.17		-0.18	-0.16	-0.17	-0.2	-0.21	-0.22	-0.19	-0.16	0.04
Total Liab	0.93	0.99	-0.33	0.94	0.98	0.99	0.64	0.68	0.69	0.31	0.99	0.97	0.73	-0.46	1.0	0.11	-0.18		0.98	0.95	0.44	0.69	0.99	0.49	0.99	-0.49
Property Plant And Equipment Gross	0.87	0.99	-0.41	0.92	0.99	0.99	0.52	0.76	0.67	0.24	0.99	0.98	0.67	-0.52	0.98	0.08	-0.16	0.98		0.91	0.42	0.56	0.98	0.37	0.98	-0.52
Total Current Assets	0.88	0.94	-0.11	0.91	0.93	0.94	0.58	0.53	0.73	0.57	0.93	0.89	0.86	-0.28	0.94	0.24	-0.17	0.95	0.91		0.42	0.73	0.95	0.62	0.94	-0.36
Short Term Debt	0.39	0.39	-0.36	0.7	0.37	0.4	0.55	0.19	0.54	0.11	0.39	0.47	0.22	-0.19	0.41	0.4	-0.2	0.44	0.42	0.42		0.56	0.48	0.41	0.37	-0.57
Short Long Term Debt Total	0.73	0.6	0.12	0.76	0.56	0.61	0.93	0.07	0.62	0.38	0.59	0.62	0.53	-0.12	0.67	0.39	-0.21	0.69	0.56	0.73	0.56		0.7	0.84	0.58	-0.24
Inventory	0.9	0.98	-0.29	0.96	0.97	0.98	0.64	0.66	0.73	0.31	0.98	0.98	0.69	-0.51	0.99	0.18	-0.22	0.99	0.98	0.95	0.48	0.7		0.52	0.97	-0.5
Common Stock Total Equity	0.51	0.42	0.36	0.57	0.39	0.43	0.7	-0.14	0.57	0.58	0.4	0.41	0.47	-0.02	0.47	0.5	-0.19	0.49	0.37	0.62	0.41	0.84	0.52		0.41	-0.08
Common Stock	0.89	1.0	-0.33	0.9	1.0	1.0	0.52	0.69	0.66	0.33	1.0	0.95	0.75	-0.45	0.99	0.08	-0.16	0.99	0.98	0.94	0.37	0.58	0.97	0.41		-0.45
Net Receivables	-0.36	-0.48	0.71	-0.6	-0.47	-0.47	-0.23	-0.57	-0.56	-0.03	-0.49	-0.62	-0.23	0.52	-0.47	-0.17	0.04	-0.49	-0.52	-0.36	-0.57	-0.24	-0.5	-0.08	-0.45

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Agnico Eagle Account Relationship Matchups

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

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When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:

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Agnico Total Stockholder Equity vs Cash And Short Term Investments Analysis

Total Stockholder Equity vs Cash And Short Term Investments

Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Cash And Short Term Investments

Agnico Eagle fundamental ratios Correlations

Agnico Eagle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agnico Eagle fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Agnico Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity

Retained Earnings	- 0.72	Other Current Liab
Net Receivables	- 0.62	Non Currrent Assets Other
Net Receivables	- 0.6	Total Current Liabilities
Net Receivables	- 0.57	Short Term Debt
Net Receivables	- 0.57	Retained Earnings
Short Term Investments	- 0.56	Non Currrent Assets Other