Agnico Historical Balance Sheet

AEM Stock  USD 63.80  4.89  7.12%   
Trend analysis of Agnico Eagle Mines balance sheet accounts such as Total Assets of 30 B, Other Current Liabilities of 524.9 M or Total Current Liabilities of 1.1 B provides information on Agnico Eagle's total assets, liabilities, and equity, which is the actual value of Agnico Eagle Mines to its prevalent stockholders. By breaking down trends over time using Agnico Eagle balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Agnico Eagle Mines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Agnico Eagle Mines is a good buy for the upcoming year.

Agnico Eagle Inventory

1.48 Billion

  
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 closely tied with the direction of predictive economic indicators such as signals in income.

About Agnico Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Agnico Eagle Mines at a specified time, usually calculated after every quarter, six months, or one year. Agnico Eagle Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Agnico Eagle and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Agnico currently owns. An asset can also be divided into two categories, current and non-current.

Agnico Eagle Balance Sheet Chart

At this time, Agnico Eagle's Retained Earnings are very stable compared to the past year. As of the 10th of June 2024, Non Current Assets Total is likely to grow to about 27.7 B, while Accounts Payable is likely to drop about 165.9 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Agnico Eagle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Agnico Eagle Mines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Agnico Eagle balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Agnico Eagle Mines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most accounts from Agnico Eagle's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Agnico Eagle's Retained Earnings are very stable compared to the past year. As of the 10th of June 2024, Non Current Assets Total is likely to grow to about 27.7 B, while Accounts Payable is likely to drop about 165.9 M.
 2021 2022 2023 2024 (projected)
Other Current Liabilities22.1M137.5M500.0M524.9M
Total Assets10.2B23.5B28.5B30.0B

Agnico Eagle balance sheet Correlations

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0.80.710.50.830.680.230.940.230.540.310.70.730.740.3-0.170.780.69-0.260.790.670.80.550.550.960.7
0.390.370.190.680.350.230.550.160.40.090.370.450.50.09-0.160.380.36-0.210.420.390.410.550.580.490.35
0.440.440.070.590.420.190.610.160.34-0.130.450.530.57-0.19-0.460.480.4-0.160.490.440.340.550.580.460.43
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Agnico Eagle Account Relationship Matchups

Agnico Eagle balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding238.2M243.1M244.7M438.5M489.9M514.4M
Total Assets8.8B9.6B10.2B23.5B28.5B30.0B
Other Current Liab55.4M904K22.1M137.5M500.0M524.9M
Total Current Liabilities775.6M515.7M761.8M946.4M1.0B1.1B
Total Stockholder Equity5.1B5.7B6.0B16.2B19.3B20.3B
Property Plant And Equipment Net7.0B7.3B7.6B18.5B1.2B1.1B
Net Debt1.5B1.3B1.5B834.8M1.7B1.7B
Retained Earnings(647.3M)(366.4M)(165.3M)(201.6M)958.2M1.0B
Accounts Payable345.6M363.8M414.7M672.5M316.3M165.9M
Cash321.9M402.5M185.8M658.6M336.9M220.5M
Non Current Assets Total7.6B8.4B8.9B21.3B26.4B27.7B
Non Currrent Assets Other184.9M259.3M353.2M466.9M669.4M702.8M
Other Assets189.9M352.0M486.8M478.5M550.3M577.8M
Cash And Short Term Investments414.2M406.5M191.1M658.6M347.1M267.9M
Short Term Investments92.3M3.9M5.3M9.9M10.1M9.6M
Liabilities And Stockholders Equity8.8B9.6B10.2B23.5B28.5B30.0B
Non Current Liabilities Total2.9B3.4B3.4B6.3B8.2B8.6B
Other Current Assets179.2M159.2M198.8M260.0M237.2M249.1M
Other Stockholder Equity217.4M212.9M228.4M220.7M22.0M20.9M
Total Liab3.7B3.9B4.2B7.3B9.2B9.7B
Property Plant And Equipment Gross7.0B7.3B14.1B26.1B32.5B34.1B
Total Current Assets1.2B1.2B1.3B2.2B2.2B2.3B
Accumulated Other Comprehensive Income(47.9M)85.3M54.3M(29.0M)102.3M107.4M
Short Long Term Debt Total1.8B1.7B1.7B1.5B2.0B2.1B
Short Term Debt374.7M20.9M258.0M136.5M145.6M152.9M
Common Stock Total Equity5.3B5.4B5.6B5.8B6.6B6.9B
Common Stock5.6B5.8B5.9B16.3B18.2B19.2B
Net Receivables10.6M15.5M21.2M43.6M184.0M193.2M
Inventory580.1M630.5M878.9M1.2B1.4B1.5B
Other Liab1.4B1.8B2.0B5.0B5.7B6.0B
Long Term Debt1.4B1.6B1.3B1.2B1.7B953.5M
Property Plant Equipment7.0B7.3B7.6B18.5B21.2B22.3B
Net Tangible Assets4.1B4.7B5.3B5.6B6.4B4.6B
Long Term Debt Total1.5B1.7B1.4B1.4B1.6B1.5B

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Additional Information and Resources on Investing in Agnico Stock

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:
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 closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Dividend Share
1.6
Earnings Share
0.79
Revenue Per Share
14.009
Quarterly Revenue Growth
0.212
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.