Agnico Eagle Mines Balance Sheet Health
Financial Health criteria checks 5/6
Agnico Eagle Mines has a total shareholder equity of $19.6B and total debt of $1.8B, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are $28.8B and $9.2B respectively. Agnico Eagle Mines's EBIT is $1.5B making its interest coverage ratio 15.9. It has cash and short-term investments of $533.0M.
Key information
9.4%
Debt to equity ratio
US$1.84b
Debt
Interest coverage ratio | 15.9x |
Cash | US$532.97m |
Equity | US$19.64b |
Total liabilities | US$9.16b |
Total assets | US$28.80b |
Recent financial health updates
These 4 Measures Indicate That Agnico Eagle Mines (NYSE:AEM) Is Using Debt Reasonably Well
Apr 11These 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
5 Reasons Agnico Eagle Mines Remains A Buy
Jul 21Gold Digger: Agnico Eagle Mines (SA Quant)
Jul 05Agnico Eagle: Operations In 'Safe' Jurisdictions Make It A Top Pick
Jun 25Agnico Eagle Mines: Gold Reserves Continue To Grow
Jun 12Investor Optimism Abounds Agnico Eagle Mines Limited (NYSE:AEM) But Growth Is Lacking
May 31Agnico Eagle Mines: Outperformance Over Other Gold Miners Likely To Continue
May 16Agnico Eagle Mines' (NYSE:AEM) Dividend Will Be $0.40
May 13Agnico 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 15Financial 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 ($8.1B).
Debt to Equity History and Analysis
Debt Level: AEM's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: AEM's debt to equity ratio has reduced from 37.7% to 9.4% over the past 5 years.
Debt Coverage: AEM's debt is well covered by operating cash flow (148.6%).
Interest Coverage: AEM's interest payments on its debt are well covered by EBIT (15.9x coverage).