Agnico Eagle Mines Stock Total Asset

AEM Stock

USD 63.84 0.37 0.58%

Agnico Eagle Mines fundamentals help investors to digest information that contributes to Agnico Eagle's financial success or failures. It also enables traders to predict the movement of Agnico Stock. The fundamental analysis module provides a way to measure Agnico Eagle's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Agnico Eagle stock.

	Last Reported	Projected for Next Year
Total Assets	28.5 B	30 B
Intangibles To Total Assets	0.15	0.15

As of the 19th of April 2024, Total Assets is likely to grow to about 30 B. Also, Intangibles To Total Assets is likely to grow to 0.15.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Agnico Eagle Mines Company Total Asset Analysis

Agnico Eagle's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Agnico Eagle Total Asset

28.54 B

Most of Agnico Eagle's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agnico Eagle Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Agnico Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Agnico Eagle is extremely important. It helps to project a fair market value of Agnico Stock properly, considering its historical fundamentals such as Total Asset. Since Agnico Eagle's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Agnico Eagle's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Agnico Eagle's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Net Receivables	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Intangible Assets	Net Tangible Assets	Short Long Term Debt	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.62	0.71	0.43	-0.45	0.99	0.94	0.37	0.44	1.0	0.73	0.37	0.79	1.0	0.95	-0.38	0.72	-0.52	0.86	0.5	0.52	-0.91	0.0	0.86	0.04	0.87
Total Stockholder Equity	1.0		0.58	0.73	0.42	-0.45	0.98	0.93	0.35	0.42	1.0	0.73	0.33	0.79	1.0	0.96	-0.37	0.7	-0.5	0.85	0.47	0.49	-0.92	0.04	0.87	0.09	0.88
Net Debt	0.62	0.58		0.23	0.37	-0.23	0.7	0.63	0.55	0.61	0.59	0.42	0.75	0.51	0.61	0.52	-0.39	0.68	-0.64	0.63	0.68	0.72	-0.34	-0.58	0.36	-0.58	0.33
Retained Earnings	0.71	0.73	0.23		-0.1	-0.48	0.68	0.53	0.16	0.16	0.68	0.82	-0.15	0.81	0.7	0.8	-0.44	0.34	-0.08	0.73	0.18	0.23	-0.69	0.03	0.66	0.15	0.65
Accounts Payable	0.43	0.42	0.37	-0.1		-0.19	0.46	0.6	0.4	0.34	0.45	-0.14	0.6	-0.03	0.46	0.16	-0.29	0.72	-0.41	0.19	0.66	0.44	-0.45	-0.05	0.5	-0.22	0.5
Short Term Investments	-0.45	-0.45	-0.23	-0.48	-0.19		-0.45	-0.26	-0.16	-0.46	-0.44	-0.22	0.04	-0.36	-0.46	-0.42	0.44	-0.46	0.5	-0.36	-0.43	-0.3	0.46	0.2	-0.47	0.09	-0.46
Total Liab	0.99	0.98	0.7	0.68	0.46	-0.45		0.94	0.42	0.49	0.99	0.7	0.45	0.78	0.99	0.93	-0.41	0.77	-0.57	0.87	0.56	0.59	-0.87	-0.09	0.83	-0.06	0.83
Total Current Assets	0.94	0.93	0.63	0.53	0.6	-0.26	0.94		0.41	0.34	0.94	0.59	0.53	0.63	0.94	0.83	-0.28	0.77	-0.46	0.78	0.51	0.55	-0.81	0.0	0.77	-0.02	0.78
Short Term Debt	0.37	0.35	0.55	0.16	0.4	-0.16	0.42	0.41		0.58	0.35	0.04	0.25	0.2	0.38	0.26	-0.32	0.55	-0.47	0.34	0.54	0.27	-0.24	-0.48	0.27	-0.61	0.25
Current Deferred Revenue	0.44	0.42	0.61	0.16	0.34	-0.46	0.49	0.34	0.58		0.43	0.11	0.33	0.29	0.46	0.35	-0.51	0.54	-0.79	0.38	0.67	0.44	-0.34	-0.45	0.36	-0.47	0.35
Common Stock	1.0	1.0	0.59	0.68	0.45	-0.44	0.99	0.94	0.35	0.43		0.71	0.36	0.77	1.0	0.95	-0.36	0.71	-0.53	0.84	0.48	0.5	-0.92	0.05	0.87	0.08	0.88
Net Receivables	0.73	0.73	0.42	0.82	-0.14	-0.22	0.7	0.59	0.04	0.11	0.71		0.1	0.83	0.72	0.8	-0.32	0.2	-0.12	0.71	0.07	0.2	-0.65	0.1	0.6	0.25	0.6
Long Term Debt	0.37	0.33	0.75	-0.15	0.6	0.04	0.45	0.53	0.25	0.33	0.36	0.1		0.27	0.37	0.22	-0.16	0.68	-0.44	0.45	0.63	0.68	-0.25	-0.23	0.33	-0.38	0.29
Treasury Stock	0.79	0.79	0.51	0.81	-0.03	-0.36	0.78	0.63	0.2	0.29	0.77	0.83	0.27		0.77	0.89	-0.28	0.52	-0.32	0.95	0.28	0.38	-0.77	0.07	0.77	0.13	0.75
Property Plant Equipment	1.0	1.0	0.61	0.7	0.46	-0.46	0.99	0.94	0.38	0.46	1.0	0.72	0.37	0.77		0.94	-0.4	0.72	-0.53	0.84	0.51	0.53	-0.91	0.0	0.87	0.04	0.88
Good Will	0.95	0.96	0.52	0.8	0.16	-0.42	0.93	0.83	0.26	0.35	0.95	0.8	0.22	0.89	0.94		-0.25	0.58	-0.45	0.89	0.31	0.41	-0.87	0.08	0.81	0.17	0.82
Intangible Assets	-0.38	-0.37	-0.39	-0.44	-0.29	0.44	-0.41	-0.28	-0.32	-0.51	-0.36	-0.32	-0.16	-0.28	-0.4	-0.25		-0.4	0.1	-0.35	-0.75	-0.59	0.36	0.48	-0.38	0.48	-0.37
Net Tangible Assets	0.72	0.7	0.68	0.34	0.72	-0.46	0.77	0.77	0.55	0.54	0.71	0.2	0.68	0.52	0.72	0.58	-0.4		-0.57	0.73	0.81	0.74	-0.64	-0.25	0.71	-0.37	0.68
Short Long Term Debt	-0.52	-0.5	-0.64	-0.08	-0.41	0.5	-0.57	-0.46	-0.47	-0.79	-0.53	-0.12	-0.44	-0.32	-0.53	-0.45	0.1	-0.57		-0.4	-0.49	-0.33	0.4	0.3	-0.41	0.24	-0.4
Deferred Long Term Liab	0.86	0.85	0.63	0.73	0.19	-0.36	0.87	0.78	0.34	0.38	0.84	0.71	0.45	0.95	0.84	0.89	-0.35	0.73	-0.4		0.5	0.61	-0.78	-0.07	0.79	-0.07	0.77
Long Term Investments	0.5	0.47	0.68	0.18	0.66	-0.43	0.56	0.51	0.54	0.67	0.48	0.07	0.63	0.28	0.51	0.31	-0.75	0.81	-0.49	0.5		0.87	-0.41	-0.56	0.47	-0.68	0.44
Long Term Debt Total	0.52	0.49	0.72	0.23	0.44	-0.3	0.59	0.55	0.27	0.44	0.5	0.2	0.68	0.38	0.53	0.41	-0.59	0.74	-0.33	0.61	0.87		-0.34	-0.53	0.37	-0.61	0.34
Capital Surpluse	-0.91	-0.92	-0.34	-0.69	-0.45	0.46	-0.87	-0.81	-0.24	-0.34	-0.92	-0.65	-0.25	-0.77	-0.91	-0.87	0.36	-0.64	0.4	-0.78	-0.41	-0.34		-0.29	-0.98	-0.28	-0.99
Cash And Equivalents	0.0	0.04	-0.58	0.03	-0.05	0.2	-0.09	0.0	-0.48	-0.45	0.05	0.1	-0.23	0.07	0.0	0.08	0.48	-0.25	0.3	-0.07	-0.56	-0.53	-0.29		0.28	0.91	0.3
Net Invested Capital	0.86	0.87	0.36	0.66	0.5	-0.47	0.83	0.77	0.27	0.36	0.87	0.6	0.33	0.77	0.87	0.81	-0.38	0.71	-0.41	0.79	0.47	0.37	-0.98	0.28		0.24	1.0
Net Working Capital	0.04	0.09	-0.58	0.15	-0.22	0.09	-0.06	-0.02	-0.61	-0.47	0.08	0.25	-0.38	0.13	0.04	0.17	0.48	-0.37	0.24	-0.07	-0.68	-0.61	-0.28	0.91	0.24		0.27
Capital Stock	0.87	0.88	0.33	0.65	0.5	-0.46	0.83	0.78	0.25	0.35	0.88	0.6	0.29	0.75	0.88	0.82	-0.37	0.68	-0.4	0.77	0.44	0.34	-0.99	0.3	1.0	0.27

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Agnico Total Asset Historical Pattern

Today, most investors in Agnico Eagle Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Agnico Eagle's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Agnico Eagle total asset as a starting point in their analysis.

Agnico Eagle Total Asset

Timeline

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Competition

Predict Agnico Eagle

Total Assets Over Time

Agnico Total Assets

Total Assets

29.97 Billion

At this time, Agnico Eagle's Total Assets are very stable compared to the past year.

Based on the latest financial disclosure, Agnico Eagle Mines has a Total Asset of 28.54 B. This is 63.66% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The total asset for all United States stocks is 3.15% higher than that of the company.

Agnico Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agnico Eagle's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Agnico Eagle could also be used in its relative valuation, which is a method of valuing Agnico Eagle by comparing valuation metrics of similar companies.

Agnico Eagle is currently under evaluation in total asset category among related companies.

Agnico Eagle ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Agnico Eagle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Agnico Eagle's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Agnico Eagle Institutional Holders

Institutional Holdings refers to the ownership stake in Agnico Eagle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Agnico Eagle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Agnico Eagle's value.

		Shares
Amundi	2023-12-31	6.4 M
Arnhold & S. Bleichroeder Advisers, Llc	2023-12-31	6.2 M
Norges Bank	2023-12-31	5.9 M
Cibc Global Asset Management Inc	2023-12-31	5.7 M
Manufacturers Life Insurance Co	2023-12-31	5.5 M
Amvescap Plc.	2023-12-31	4.9 M
Td Asset Management Inc	2023-12-31	4.3 M
Neuberger Berman Group Llc	2023-12-31	3.9 M
Millennium Management Llc	2023-12-31	3.9 M
Van Eck Associates Corporation	2023-12-31	23.1 M
Fidelity International Ltd	2023-12-31	20.1 M

Agnico Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0342
	Profit Margin	0.29 %
	Operating Margin	0.07 %
	Current Valuation	32.42 B
	Shares Outstanding	498.27 M
	Shares Owned By Insiders	0.12 %
	Shares Owned By Institutions	71.59 %
	Number Of Shares Shorted	6.94 M
	Price To Earning	18.20 X
	Price To Book	1.58 X
	Price To Sales	4.65 X
	Revenue	6.75 B
	Gross Profit	3.1 B
	EBITDA	3.28 B
	Net Income	1.98 B
	Cash And Equivalents	658.62 M
	Cash Per Share	1.82 X
	Total Debt	1.99 B
	Debt To Equity	0.09 %
	Current Ratio	2.17 X
	Book Value Per Share	39.06 X
	Cash Flow From Operations	2.65 B
	Short Ratio	1.98 X
	Earnings Per Share	3.95 X
	Price To Earnings To Growth	28.15 X
	Target Price	69.05
	Beta	1.07
	Market Capitalization	30.83 B
	Total Asset	28.54 B
	Retained Earnings	958.24 M
	Working Capital	1.14 B
	Current Asset	829.42 M
	Current Liabilities	311.52 M
	Annual Yield	0.03 %
	Five Year Return	1.57 %
	Net Asset	28.54 B
	Last Dividend Paid	1.6

About Agnico Eagle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Agnico Eagle Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agnico Eagle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agnico Eagle Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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

Check out Agnico Eagle Piotroski F Score and Agnico Eagle Altman Z Score analysis.

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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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.

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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

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Agnico Eagle Mines Stock Total Asset

Agnico Eagle Mines Company Total Asset Analysis

Total Asset

Tangible Assets

+

Intangible Assets

Current Agnico Eagle Total Asset

Agnico Total Asset Driver Correlations

Agnico Total Asset Historical Pattern

Agnico Total Assets

Total Assets

29.97 Billion

Agnico Total Asset Peer Comparison

Agnico Eagle ESG Sustainability

Agnico Eagle Institutional Holders

Agnico Fundamentals

About Agnico Eagle Fundamental Analysis

Pair Trading with Agnico Eagle

Moving together with Agnico Stock

Moving against Agnico Stock

Complementary Tools for Agnico Stock analysis

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