Agnico Historical Balance Sheet

AEM Stock

CAD 149.58 1.07 0.71%

Trend analysis of Agnico Eagle Mines balance sheet accounts such as Total Assets of 31.5 B, Other Current Liabilities of 124 M or Total Current Liabilities of 1.6 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

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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

1.59 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 board of governors.

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 27th of March 2025, Accounts Payable is likely to grow to about 310.8 M, while Other Current Liabilities is likely to drop about 124 M.

Common Stock Shares Outstanding Total Assets Other Current Liab Total Current Liabilities

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

	2022	2023	2024	2025 (projected)
Other Current Liabilities	546.8M	502.5M	237.2M	124.0M
Total Assets	23.5B	28.7B	30.0B	31.5B

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	Current Deferred Revenue	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 Term Debt	Short Long Term Debt Total	Inventory	Common Stock Total Equity
Common Stock Shares Outstanding		0.93	0.45	0.91	0.92	0.91	0.83	0.06	0.78	0.93	0.73	0.92	0.93	0.78	0.18	-0.36	0.94	0.41	0.16	0.94	0.91	0.93	0.43	0.9	0.93	0.53
Total Assets	0.93		0.61	0.95	1.0	1.0	0.96	-0.06	0.82	0.96	0.77	1.0	0.98	0.85	0.21	-0.51	0.99	0.45	0.08	0.99	0.99	0.96	0.42	0.8	0.99	0.44
Other Current Liab	0.45	0.61		0.48	0.59	0.64	0.58	0.46	0.17	0.69	0.26	0.61	0.54	0.62	0.41	-0.35	0.66	0.86	-0.02	0.64	0.6	0.54	0.35	0.46	0.63	0.63
Total Current Liabilities	0.91	0.95	0.48		0.94	0.94	0.92	-0.06	0.82	0.93	0.79	0.94	0.96	0.9	0.16	-0.49	0.94	0.32	0.06	0.95	0.95	0.95	0.62	0.87	0.96	0.48
Total Stockholder Equity	0.92	1.0	0.59	0.94		1.0	0.97	-0.11	0.83	0.95	0.77	1.0	0.97	0.84	0.2	-0.51	0.98	0.43	0.07	0.99	0.99	0.96	0.4	0.77	0.98	0.41
Property Plant And Equipment Net	0.91	1.0	0.64	0.94	1.0		0.97	-0.03	0.79	0.96	0.75	1.0	0.97	0.86	0.22	-0.51	0.99	0.48	0.08	0.99	0.99	0.96	0.43	0.8	0.98	0.46
Current Deferred Revenue	0.83	0.96	0.58	0.92	0.97	0.97		-0.13	0.8	0.89	0.69	0.97	0.94	0.82	0.1	-0.58	0.94	0.39	0.07	0.95	0.96	0.89	0.45	0.71	0.94	0.33
Net Debt	0.06	-0.06	0.46	-0.06	-0.11	-0.03	-0.13		-0.45	0.15	-0.38	-0.06	-0.05	0.12	0.07	0.07	0.06	0.69	0.14	0.04	-0.08	-0.08	0.3	0.32	0.03	0.59
Retained Earnings	0.78	0.82	0.17	0.82	0.83	0.79	0.8	-0.45		0.7	0.67	0.82	0.87	0.69	-0.13	-0.51	0.76	0.05	-0.04	0.78	0.84	0.77	0.28	0.54	0.78	0.01
Accounts Payable	0.93	0.96	0.69	0.93	0.95	0.96	0.89	0.15	0.7		0.72	0.96	0.95	0.9	0.28	-0.45	0.98	0.57	0.06	0.98	0.95	0.95	0.48	0.88	0.98	0.61
Cash	0.73	0.77	0.26	0.79	0.77	0.75	0.69	-0.38	0.67	0.72		0.75	0.71	0.59	0.56	-0.16	0.73	0.0	0.02	0.74	0.73	0.88	0.27	0.67	0.74	0.39
Non Current Assets Total	0.92	1.0	0.61	0.94	1.0	1.0	0.97	-0.06	0.82	0.96	0.75		0.98	0.85	0.19	-0.52	0.99	0.46	0.07	0.99	0.99	0.96	0.42	0.79	0.98	0.44
Non Currrent Assets Other	0.93	0.98	0.54	0.96	0.97	0.97	0.94	-0.05	0.87	0.95	0.71	0.98		0.9	0.08	-0.59	0.97	0.41	0.06	0.98	0.98	0.93	0.47	0.8	0.98	0.4
Other Assets	0.78	0.85	0.62	0.9	0.84	0.86	0.82	0.12	0.69	0.9	0.59	0.85	0.9		0.09	-0.63	0.87	0.48	0.03	0.88	0.89	0.84	0.59	0.78	0.92	0.51
Cash And Short Term Investments	0.18	0.21	0.41	0.16	0.2	0.22	0.1	0.07	-0.13	0.28	0.56	0.19	0.08	0.09		0.31	0.23	0.2	-0.02	0.22	0.14	0.37	0.08	0.27	0.2	0.55
Short Term Investments	-0.36	-0.51	-0.35	-0.49	-0.51	-0.51	-0.58	0.07	-0.51	-0.45	-0.16	-0.52	-0.59	-0.63	0.31		-0.5	-0.24	0.02	-0.51	-0.55	-0.37	-0.22	-0.28	-0.53	-0.06
Non Current Liabilities Total	0.94	0.99	0.66	0.94	0.98	0.99	0.94	0.06	0.76	0.98	0.73	0.99	0.97	0.87	0.23	-0.5		0.54	0.1	1.0	0.98	0.96	0.44	0.84	0.99	0.52
Other Current Assets	0.41	0.45	0.86	0.32	0.43	0.48	0.39	0.69	0.05	0.57	0.0	0.46	0.41	0.48	0.2	-0.24	0.54		0.08	0.51	0.44	0.37	0.28	0.41	0.49	0.53
Other Stockholder Equity	0.16	0.08	-0.02	0.06	0.07	0.08	0.07	0.14	-0.04	0.06	0.02	0.07	0.06	0.03	-0.02	0.02	0.1	0.08		0.09	0.07	0.11	-0.03	0.18	0.1	0.16
Total Liab	0.94	0.99	0.64	0.95	0.99	0.99	0.95	0.04	0.78	0.98	0.74	0.99	0.98	0.88	0.22	-0.51	1.0	0.51	0.09		0.98	0.96	0.47	0.85	0.99	0.52
Property Plant And Equipment Gross	0.91	0.99	0.6	0.95	0.99	0.99	0.96	-0.08	0.84	0.95	0.73	0.99	0.98	0.89	0.14	-0.55	0.98	0.44	0.07	0.98		0.95	0.44	0.77	0.99	0.4
Total Current Assets	0.93	0.96	0.54	0.95	0.96	0.96	0.89	-0.08	0.77	0.95	0.88	0.96	0.93	0.84	0.37	-0.37	0.96	0.37	0.11	0.96	0.95		0.44	0.86	0.96	0.53
Short Term Debt	0.43	0.42	0.35	0.62	0.4	0.43	0.45	0.3	0.28	0.48	0.27	0.42	0.47	0.59	0.08	-0.22	0.44	0.28	-0.03	0.47	0.44	0.44		0.57	0.5	0.43
Short Long Term Debt Total	0.9	0.8	0.46	0.87	0.77	0.8	0.71	0.32	0.54	0.88	0.67	0.79	0.8	0.78	0.27	-0.28	0.84	0.41	0.18	0.85	0.77	0.86	0.57		0.85	0.73
Inventory	0.93	0.99	0.63	0.96	0.98	0.98	0.94	0.03	0.78	0.98	0.74	0.98	0.98	0.92	0.2	-0.53	0.99	0.49	0.1	0.99	0.99	0.96	0.5	0.85		0.52
Common Stock Total Equity	0.53	0.44	0.63	0.48	0.41	0.46	0.33	0.59	0.01	0.61	0.39	0.44	0.4	0.51	0.55	-0.06	0.52	0.53	0.16	0.52	0.4	0.53	0.43	0.73	0.52

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Agnico Eagle Account Relationship Matchups

Agnico Eagle balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	238.2M	243.1M	244.7M	489.9M	501.7M	526.8M
Total Assets	9.6B	10.2B	23.5B	28.7B	30.0B	31.5B
Other Current Liab	225.0M	267.5M	546.8M	502.5M	237.2M	124.0M
Total Current Liabilities	515.7M	761.8M	946.4M	1.0B	1.5B	1.6B
Total Stockholder Equity	5.7B	6.0B	16.2B	19.4B	20.8B	21.9B
Property Plant And Equipment Net	7.3B	7.6B	18.5B	21.2B	21.5B	22.5B
Net Debt	1.3B	1.5B	834.8M	1.7B	216.5M	205.7M
Retained Earnings	(366.4M)	(165.3M)	(201.6M)	963.2M	2.0B	2.1B
Accounts Payable	167.1M	189.1M	259.0M	317.9M	296.0M	310.8M
Cash	402.5M	185.8M	658.6M	338.6M	926.4M	972.8M
Non Current Assets Total	8.4B	8.9B	21.3B	26.5B	27.2B	28.5B
Non Currrent Assets Other	259.3M	353.2M	466.9M	779.6M	832.6M	874.3M
Other Assets	184.9M	259.3M	561.4M	450.5M	518.1M	544.0M
Cash And Short Term Investments	406.5M	191.1M	658.6M	348.8M	401.2M	268.0M
Short Term Investments	3.9M	5.3M	9.9M	10.2M	7.3M	6.9M
Liabilities And Stockholders Equity	9.6B	10.2B	23.5B	28.7B	33.0B	34.6B
Non Current Liabilities Total	3.4B	3.4B	6.3B	8.2B	7.6B	8.0B
Other Current Assets	109.8M	129.7M	158.6M	238.5M	45.3M	75.5M
Other Stockholder Equity	212.9M	228.4M	220.7M	223.8M	257.4M	244.5M
Total Liab	3.9B	4.2B	7.3B	9.3B	9.2B	9.6B
Property Plant And Equipment Gross	7.3B	14.1B	26.1B	32.5B	34.3B	36.0B
Total Current Assets	1.2B	1.3B	2.2B	2.2B	2.8B	2.9B
Accumulated Other Comprehensive Income	85.3M	54.3M	(29.0M)	(99.0M)	(89.1M)	(84.6M)
Short Term Debt	20.9M	258.0M	136.5M	146.4M	168.4M	176.8M
Short Long Term Debt Total	1.7B	1.7B	1.5B	2.0B	2.3B	2.4B
Inventory	630.5M	878.9M	1.2B	1.4B	1.5B	1.6B
Common Stock	5.8B	5.9B	16.3B	18.3B	21.1B	22.1B
Net Receivables	15.5M	21.2M	43.6M	184.9M	7.6M	7.3M
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
Long Term Debt	1.6B	1.3B	1.2B	1.7B	1.1B	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	120.3M	131.4M	151.3M	161.5M	139.2M	102.6M

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

0.92

ORE

Orezone Gold Corp

Pair Corr

Moving against Agnico Stock

0.79	MSFT	Microsoft Corp CDR	Pair Corr
0.72	IE	Ivanhoe Energy	Pair Corr
0.71	AAPL	Apple Inc CDR	Pair Corr
0.59	GOOG	Alphabet CDR	Pair Corr
0.46	AMZN	Amazon CDR	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

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Is Agnico Stock a good investment?

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What is Agnico Eagle's Net Worth?

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You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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 Historical Balance Sheet

Agnico Eagle Inventory

1.59 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

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

Short Term Investments	- 0.63	Other Assets
Short Term Investments	- 0.59	Non Currrent Assets Other
Short Term Investments	- 0.58	Current Deferred Revenue
Property Plant And Equipment Gross	- 0.55	Short Term Investments
Inventory	- 0.53	Short Term Investments
Short Term Investments	- 0.52	Non Current Assets Total