Agnico Historical Balance Sheet

AEM Stock

USD 63.47 0.98 1.57%

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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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 tightly coupled 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

Agnico Eagle Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Agnico Eagle Mines uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Agnico Eagle's Retained Earnings are very stable compared to the past year. As of the 19th of April 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 Total Assets Other Current Liab Total Current Liabilities

Add Fundamental

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.

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 tightly coupled with the direction of predictive economic indicators such as signals in income.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	22.1M	137.5M	500.0M	524.9M
Total Assets	10.2B	23.5B	28.5B	30.0B

Other Current Liab Total Assets

Agnico Eagle balance sheet 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	Other Assets	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 Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Common Stock
Common Stock Shares Outstanding		0.98	0.79	0.92	0.97	0.24	0.68	0.59	0.52	0.39	0.97	0.93	0.86	0.33	-0.35	0.98	0.77	-0.22	0.98	0.95	0.97	0.8	0.39	0.44	0.83	0.98
Total Assets	0.98		0.85	0.92	1.0	0.16	0.62	0.71	0.43	0.29	1.0	0.97	0.88	0.22	-0.45	0.99	0.7	-0.24	0.99	0.99	0.94	0.71	0.37	0.44	0.73	1.0
Other Current Liab	0.79	0.85		0.69	0.86	-0.27	0.43	0.85	0.02	0.15	0.85	0.81	0.65	0.12	-0.3	0.83	0.44	-0.2	0.82	0.84	0.75	0.5	0.19	0.07	0.49	0.83
Total Current Liabilities	0.92	0.92	0.69		0.9	0.29	0.74	0.58	0.58	0.31	0.91	0.94	0.93	0.24	-0.44	0.93	0.73	-0.26	0.94	0.92	0.91	0.83	0.68	0.59	0.82	0.9
Total Stockholder Equity	0.97	1.0	0.86	0.9		0.15	0.58	0.73	0.42	0.3	1.0	0.96	0.87	0.22	-0.45	0.99	0.69	-0.23	0.98	0.99	0.93	0.68	0.35	0.42	0.7	1.0
Property Plant And Equipment Net	0.24	0.16	-0.27	0.29	0.15		0.05	-0.35	0.9	0.6	0.14	0.11	0.25	0.53	-0.08	0.14	0.37	-0.06	0.16	0.14	0.33	0.23	0.23	0.19	0.32	0.19
Net Debt	0.68	0.62	0.43	0.74	0.58	0.05		0.23	0.37	-0.01	0.61	0.67	0.68	-0.01	-0.23	0.69	0.63	-0.21	0.7	0.6	0.63	0.94	0.55	0.61	0.86	0.59
Retained Earnings	0.59	0.71	0.85	0.58	0.73	-0.35	0.23		-0.1	-0.11	0.72	0.76	0.67	-0.2	-0.48	0.68	0.32	-0.02	0.68	0.76	0.53	0.23	0.16	0.16	0.19	0.68
Accounts Payable	0.52	0.43	0.02	0.58	0.42	0.9	0.37	-0.1		0.64	0.42	0.42	0.56	0.54	-0.19	0.44	0.61	-0.1	0.46	0.42	0.6	0.54	0.4	0.34	0.61	0.45
Cash	0.39	0.29	0.15	0.31	0.3	0.6	-0.01	-0.11	0.64		0.27	0.18	0.2	0.98	0.22	0.28	0.3	-0.12	0.29	0.22	0.55	0.31	0.09	-0.13	0.46	0.32
Non Current Assets Total	0.97	1.0	0.85	0.91	1.0	0.14	0.61	0.72	0.42	0.27		0.97	0.88	0.2	-0.46	0.99	0.69	-0.24	0.99	0.99	0.93	0.7	0.37	0.45	0.71	1.0
Non Currrent Assets Other	0.93	0.97	0.81	0.94	0.96	0.11	0.67	0.76	0.42	0.18	0.97		0.96	0.09	-0.57	0.97	0.65	-0.27	0.97	0.98	0.88	0.73	0.45	0.53	0.71	0.95
Other Assets	0.86	0.88	0.65	0.93	0.87	0.25	0.68	0.67	0.56	0.2	0.88	0.96		0.09	-0.6	0.9	0.68	-0.22	0.91	0.91	0.84	0.74	0.5	0.57	0.72	0.86
Cash And Short Term Investments	0.33	0.22	0.12	0.24	0.22	0.53	-0.01	-0.2	0.54	0.98	0.2	0.09	0.09		0.33	0.21	0.21	-0.17	0.21	0.14	0.49	0.3	0.09	-0.19	0.44	0.25
Short Term Investments	-0.35	-0.45	-0.3	-0.44	-0.45	-0.08	-0.23	-0.48	-0.19	0.22	-0.46	-0.57	-0.6	0.33		-0.45	0.01	0.58	-0.45	-0.51	-0.26	-0.17	-0.16	-0.46	-0.15	-0.44
Non Current Liabilities Total	0.98	0.99	0.83	0.93	0.99	0.14	0.69	0.68	0.44	0.28	0.99	0.97	0.9	0.21	-0.45		0.71	-0.26	1.0	0.98	0.94	0.78	0.38	0.48	0.78	0.99
Other Current Assets	0.77	0.7	0.44	0.73	0.69	0.37	0.63	0.32	0.61	0.3	0.69	0.65	0.68	0.21	0.01	0.71		0.33	0.72	0.68	0.76	0.69	0.36	0.4	0.73	0.7
Other Stockholder Equity	-0.22	-0.24	-0.2	-0.26	-0.23	-0.06	-0.21	-0.02	-0.1	-0.12	-0.24	-0.27	-0.22	-0.17	0.58	-0.26	0.33		-0.26	-0.23	-0.21	-0.26	-0.21	-0.16	-0.27	-0.24
Total Liab	0.98	0.99	0.82	0.94	0.98	0.16	0.7	0.68	0.46	0.29	0.99	0.97	0.91	0.21	-0.45	1.0	0.72	-0.26		0.98	0.94	0.79	0.42	0.49	0.79	0.99
Property Plant And Equipment Gross	0.95	0.99	0.84	0.92	0.99	0.14	0.6	0.76	0.42	0.22	0.99	0.98	0.91	0.14	-0.51	0.98	0.68	-0.23	0.98		0.91	0.67	0.39	0.44	0.68	0.98
Total Current Assets	0.97	0.94	0.75	0.91	0.93	0.33	0.63	0.53	0.6	0.55	0.93	0.88	0.84	0.49	-0.26	0.94	0.76	-0.21	0.94	0.91		0.8	0.41	0.34	0.85	0.94
Short Long Term Debt Total	0.8	0.71	0.5	0.83	0.68	0.23	0.94	0.23	0.54	0.31	0.7	0.73	0.74	0.3	-0.17	0.78	0.69	-0.26	0.79	0.67	0.8		0.55	0.55	0.96	0.7
Short Term Debt	0.39	0.37	0.19	0.68	0.35	0.23	0.55	0.16	0.4	0.09	0.37	0.45	0.5	0.09	-0.16	0.38	0.36	-0.21	0.42	0.39	0.41	0.55		0.58	0.49	0.35
Current Deferred Revenue	0.44	0.44	0.07	0.59	0.42	0.19	0.61	0.16	0.34	-0.13	0.45	0.53	0.57	-0.19	-0.46	0.48	0.4	-0.16	0.49	0.44	0.34	0.55	0.58		0.46	0.43
Common Stock Total Equity	0.83	0.73	0.49	0.82	0.7	0.32	0.86	0.19	0.61	0.46	0.71	0.71	0.72	0.44	-0.15	0.78	0.73	-0.27	0.79	0.68	0.85	0.96	0.49	0.46		0.72
Common Stock	0.98	1.0	0.83	0.9	1.0	0.19	0.59	0.68	0.45	0.32	1.0	0.95	0.86	0.25	-0.44	0.99	0.7	-0.24	0.99	0.98	0.94	0.7	0.35	0.43	0.72

Click cells to compare fundamentals

Agnico Eagle Account Relationship Matchups

Agnico Eagle balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	238.2M	243.1M	244.7M	438.5M	489.9M	514.4M
Total Assets	8.8B	9.6B	10.2B	23.5B	28.5B	30.0B
Other Current Liab	55.4M	904K	22.1M	137.5M	500.0M	524.9M
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	19.3B	20.3B
Property Plant And Equipment Net	7.0B	7.3B	7.6B	18.5B	1.2B	1.1B
Net Debt	1.5B	1.3B	1.5B	834.8M	1.7B	1.7B
Retained Earnings	(647.3M)	(366.4M)	(165.3M)	(201.6M)	958.2M	1.0B
Accounts Payable	345.6M	363.8M	414.7M	672.5M	316.3M	165.9M
Cash	321.9M	402.5M	185.8M	658.6M	336.9M	220.5M
Non Current Assets Total	7.6B	8.4B	8.9B	21.3B	26.4B	27.7B
Non Currrent Assets Other	184.9M	259.3M	353.2M	466.9M	669.4M	702.8M
Other Assets	189.9M	352.0M	486.8M	478.5M	550.3M	577.8M
Cash And Short Term Investments	414.2M	406.5M	191.1M	658.6M	347.1M	267.9M
Short Term Investments	92.3M	3.9M	5.3M	9.9M	10.1M	9.6M
Liabilities And Stockholders Equity	8.8B	9.6B	10.2B	23.5B	28.5B	30.0B
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	237.2M	249.1M
Other Stockholder Equity	217.4M	212.9M	228.4M	220.7M	22.0M	20.9M
Total Liab	3.7B	3.9B	4.2B	7.3B	9.2B	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)	102.3M	107.4M
Short Long Term Debt Total	1.8B	1.7B	1.7B	1.5B	2.0B	2.1B
Short Term Debt	374.7M	20.9M	258.0M	136.5M	145.6M	152.9M
Common Stock Total Equity	5.3B	5.4B	5.6B	5.8B	6.6B	6.9B
Common Stock	5.6B	5.8B	5.9B	16.3B	18.2B	19.2B
Net Receivables	10.6M	15.5M	21.2M	43.6M	184.0M	193.2M
Inventory	580.1M	630.5M	878.9M	1.2B	1.4B	1.5B
Other Liab	1.4B	1.8B	2.0B	5.0B	5.7B	6.0B
Long Term Debt	1.4B	1.6B	1.3B	1.2B	1.7B	953.5M
Property Plant Equipment	7.0B	7.3B	7.6B	18.5B	21.2B	22.3B
Net Tangible Assets	4.1B	4.7B	5.3B	5.6B	6.4B	4.6B
Long Term Debt Total	1.5B	1.7B	1.4B	1.4B	1.6B	1.5B

Pair Trading with Agnico Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico Stock

0.93	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.95	KALU	Kaiser Aluminum Earnings Call This Week	Pair Corr
0.92	CENX	Century Aluminum Financial Report 13th of May 2024	Pair Corr
0.89	CSTM	Constellium Nv Earnings Call This Week	Pair Corr

Moving against Agnico Stock

0.87	NC	NACCO Industries	Pair Corr
0.76	X	United States Steel Earnings Call This Week	Pair Corr
0.76	VALE	Vale SA ADR Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.

The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Agnico

Details

Is Agnico Stock a good investment?

Details

What is Agnico Eagle's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

	Equity Valuation Check real value of public entities based on technical and fundamental data
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Transaction History View history of all your transactions and understand their impact on performance

Is Agnico Eagle's industry 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

1.431

Dividend Share

1.6

Earnings Share

3.95

Revenue Per Share

13.56

Quarterly Revenue Growth

0.269

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Agnico Historical Balance Sheet

Agnico Eagle Inventory

1.48 Billion

About Agnico Balance Sheet Analysis

Agnico Eagle Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Total Current Liabilities

Agnico Eagle balance sheet Correlations

Agnico Eagle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agnico Eagle balance sheet Accounts

Pair Trading with Agnico Eagle

Moving together with Agnico Stock

Moving against Agnico Stock

Complementary Tools for Agnico Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Non Current Assets Total

Short Term Investments	- 0.6	Other Assets
Short Term Investments	- 0.57	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.51	Short Term Investments
Short Term Investments	- 0.48	Retained Earnings
Current Deferred Revenue	- 0.46	Short Term Investments
Short Term Investments	- 0.46	Non Current Assets Total