Agnico Eagle Mines Balance Sheet Health
Financial Health criteria checks 5/6
Agnico Eagle Mines has a total shareholder equity of $19.4B and total debt of $2.0B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are $28.7B and $9.3B respectively. Agnico Eagle Mines's EBIT is $1.5B making its interest coverage ratio 15.9. It has cash and short-term investments of $348.8M.
Key information
10.3%
Debt to equity ratio
US$2.00b
Debt
| Interest coverage ratio | 15.9x |
| Cash | US$348.85m |
| Equity | US$19.42b |
| Total liabilities | US$9.26b |
| Total assets | US$28.68b |
Recent financial health updates
These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Apr 11
These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Jan 02These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Jul 03These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Mar 13Recent updates
Agnico Eagle Mines (NYSE:AEM) Has Announced A Dividend Of $0.40
Apr 29Agnico Eagle Q1 Earnings: Soaring Above The Peer Group
Apr 26Agnico Eagle Mines: Benefitting From Gold's Breakout
Apr 12These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Apr 11Here's Why We Think Agnico Eagle Mines (NYSE:AEM) Is Well Worth Watching
Mar 13Gold Is Rallying - Why I Expect Agnico Eagle Shares To Increase Significantly
Mar 12We Believe Agnico Eagle Mines' (NYSE:AEM) Earnings Are A Poor Guide For Its Profitability
Feb 22Agnico Eagle Mines (NYSE:AEM) Has Announced A Dividend Of $0.40
Feb 19If You Are Bullish On Gold, Agnico Eagle Remains A Great Pick
Feb 10These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Jan 02Digging For Value: Agnico Eagle Mines
Dec 29Agnico Eagle Mines Limited's (NYSE:AEM) Earnings Are Not Doing Enough For Some Investors
Dec 18Agnico Eagle: Strong As The Canadian Shield
Dec 18If EPS Growth Is Important To You, Agnico Eagle Mines (NYSE:AEM) Presents An Opportunity
Dec 03Agnico Eagle: Tier One Assets, Strong Financials Makes This A Buy
Nov 07Agnico Eagle Mines (NYSE:AEM) Has Affirmed Its Dividend Of $0.40
Oct 31Agnico Eagle: Another Solid Quarter Despite Detour Downtime
Oct 26Is There An Opportunity With Agnico Eagle Mines Limited's (NYSE:AEM) 21% Undervaluation?
Oct 19Agnico Eagle: Too Cheap To Ignore
Oct 04Agnico Eagle: Asymmetric Bet On Gold With Capped Downside Using LEAPS Options
Sep 12Why I'm So Bullish On Agnico Eagle Mines
Aug 30Agnico Eagle Mines (NYSE:AEM) Will Pay A Dividend Of $0.40
Aug 26We Ran A Stock Scan For Earnings Growth And Agnico Eagle Mines (NYSE:AEM) Passed With Ease
Aug 17Agnico Eagle Mines' (NYSE:AEM) Dividend Will Be $0.40
Jul 30Agnico Eagle Mines: Another Blowout Quarter In Q2
Jul 27Agnico Eagle Mines: Best Of Breed For 2023 And Beyond
Jul 03These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Jul 03Striking Gold With Agnico Eagle Mines: Why I'm Looking To Invest
Jun 19Agnico Eagle Mines (NYSE:AEM) Has Announced A Dividend Of $0.40
May 15Agnico Eagle Mines (NYSE:AEM) Will Pay A Dividend Of $0.40
May 01Agnico Eagle Mines (NYSE:AEM) Hasn't Managed To Accelerate Its Returns
Mar 28These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Mar 13Agnico Eagle Mines (NYSE:AEM) Has Announced A Dividend Of $0.40
Feb 20Agnico Eagle Q4 2022 Earnings Preview
Feb 15Agnico Eagle: Another Smart Move
Dec 14Is Agnico Eagle Mines Limited (NYSE:AEM) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 11Agnico Eagle Mines: The Real Money Printing Press
Dec 08Financial Position Analysis
Short Term Liabilities: AEM's short term assets ($2.2B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: AEM's short term assets ($2.2B) do not cover its long term liabilities ($8.2B).
Debt to Equity History and Analysis
Debt Level: AEM's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: AEM's debt to equity ratio has reduced from 37.7% to 10.3% over the past 5 years.
Debt Coverage: AEM's debt is well covered by operating cash flow (129.8%).
Interest Coverage: AEM's interest payments on its debt are well covered by EBIT (15.9x coverage).