Agnico Current Liabilities

AEM
 Stock
  

USD 50.90  0.87  1.68%   

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.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
The value of Current Liabilities is estimated to pull down to about 640.8 M.

Agnico Current Liabilities Analysis

Agnico Eagle's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Agnico Eagle Current Liabilities

640.84 Million

Current Liabilities 
 = 
Payables 
Accrued Debt 
More About Current Liabilities | All Equity Analysis

Current Agnico Eagle Current Liabilities

    
  311.52 M  
Most of Agnico Eagle's fundamental indicators, such as Current Liabilities, 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 Current Liabilities 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 Ford stock properly, considering its historical fundamentals such as Current Liabilities. 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.

Agnico Current Liabilities 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 current liabilities 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 current liabilities as a starting point in their analysis.
   Agnico Eagle Current Liabilities   
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       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Compare to competition

Agnico Total Liabilities

Total Liabilities

3.88 Billion

Agnico Eagle Total Liabilities is relatively stable at the moment as compared to the past year. The company's current value of Total Liabilities is estimated at 3.88 Billion
In accordance with the recently published financial statements, Agnico Eagle Mines has a Current Liabilities of 311.52 M. This is 94.97% lower than that of the Metals & Mining sector and 43.02% higher than that of the Materials industry. The current liabilities for all United States stocks is 96.06% higher than that of the company.

Agnico Current Liabilities 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 Current Liabilities 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 current liabilities category among related companies.

Agnico Eagle Current Valuation Drivers

We derive many important indicators used in calculating different scores of Agnico Eagle from analyzing Agnico Eagle's financial statements. These drivers represent accounts that assess Agnico Eagle's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Agnico Eagle's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets7.71 B8.09 B8.28 B9.39 B9.93 B9.4 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA926.96 M391.45 M1.39 B1.49 B1.73 B1.87 B
Earnings Before Interest Taxes and Depreciation Amortization USD926.96 M391.45 M1.39 B1.49 B1.73 B1.87 B
Earnings before Tax339.29 M(259.05 M)738.74 M767.57 M903.41 M974.73 M
Average Equity4.87 B4.84 B4.78 B5.36 B5.86 B5.63 B
Enterprise Value10.93 B10.6 B15.99 B18.26 B14.38 B13.46 B
Free Cash Flow(106.6 M)(448.2 M)2.72 M433.65 M451.01 M486.61 M
Invested Capital7.58 B8.5 B9.13 B9.97 B10.56 B9.86 B
Invested Capital Average7.15 B8.22 B8.79 B9.9 B10.3 B9.67 B
Market Capitalization10.41 B9.4 B14.44 B16.9 B12.93 B12.13 B
Tangible Asset Value7.17 B7.45 B8.38 B9.21 B9.81 B9.11 B
Working Capital1.13 B711 M326.69 M731.49 M540.58 M658.23 M

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 Fundamentals

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.
Last ReportedProjected for 2022
Current Liabilities761.8 M640.8 M

Agnico Eagle Investors Sentiment

The influence of Agnico Eagle's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agnico. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Agnico Eagle's public news can be used to forecast risks associated with investment in Agnico. The trend in average sentiment can be used to explain how an investor holding Agnico can time the market purely based on public headlines and social activities around Agnico Eagle Mines. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Agnico Eagle's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agnico Eagle's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agnico Eagle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agnico Eagle.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agnico Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agnico Eagle's short interest history, or implied volatility extrapolated from Agnico Eagle options trading.

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 Eagle

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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 equities. 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 CorrelationCorrelation Matching
Please continue to 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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 YOY
(0.64) 
Market Capitalization
23.8 B
Quarterly Revenue Growth YOY
0.47
Return On Assets
0.0515
Return On Equity
0.0497
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 Agnico Eagle value 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.