Agnico Property Plant Equipment vs Retained Earnings Analysis

AEM Stock

USD 68.81 0.29 0.42%

Agnico Eagle financial indicator trend analysis is way more than just evaluating Agnico Eagle Mines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agnico Eagle Mines is a good investment. Please check the relationship between Agnico Eagle Property Plant Equipment and its Retained Earnings accounts. 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agnico Eagle Mines Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Agnico Eagle's Property Plant Equipment and Retained Earnings is 0.7. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Agnico Eagle Mines, assuming nothing else is changed. The correlation between historical values of Agnico Eagle's Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Agnico Eagle Mines are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Agnico Eagle's Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant Equipment

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Agnico Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Agnico Eagle's Selling General Administrative is very stable compared to the past year. As of the 16th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Issuance Of Capital Stock is likely to drop about 19.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	2.0B	2.0B	2.1B
Total Revenue	3.8B	5.7B	6.7B	7.1B

Gross Profit Total Revenue

Agnico Eagle fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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 Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Common Stock
Common Stock Shares Outstanding		0.98	0.79	0.92	0.97	0.24	0.68	0.59	0.52	0.39	0.97	0.93	0.86	0.33	-0.35	0.98	0.77	-0.22	0.98	0.95	0.97	0.8	0.39	0.44	0.83	0.98
Total Assets	0.98		0.85	0.92	1.0	0.16	0.62	0.71	0.43	0.29	1.0	0.97	0.88	0.22	-0.45	0.99	0.7	-0.24	0.99	0.99	0.94	0.71	0.37	0.44	0.73	1.0
Other Current Liab	0.79	0.85		0.69	0.86	-0.27	0.43	0.85	0.02	0.15	0.85	0.81	0.65	0.12	-0.3	0.83	0.44	-0.2	0.82	0.84	0.75	0.5	0.19	0.07	0.49	0.83
Total Current Liabilities	0.92	0.92	0.69		0.9	0.29	0.74	0.58	0.58	0.31	0.91	0.94	0.93	0.24	-0.44	0.93	0.73	-0.26	0.94	0.92	0.91	0.83	0.68	0.59	0.82	0.9
Total Stockholder Equity	0.97	1.0	0.86	0.9		0.15	0.58	0.73	0.42	0.3	1.0	0.96	0.87	0.22	-0.45	0.99	0.69	-0.23	0.98	0.99	0.93	0.68	0.35	0.42	0.7	1.0
Property Plant And Equipment Net	0.24	0.16	-0.27	0.29	0.15		0.05	-0.35	0.9	0.6	0.14	0.11	0.25	0.53	-0.08	0.14	0.37	-0.06	0.16	0.14	0.33	0.23	0.23	0.19	0.32	0.19
Net Debt	0.68	0.62	0.43	0.74	0.58	0.05		0.23	0.37	-0.01	0.61	0.67	0.68	-0.01	-0.23	0.69	0.63	-0.21	0.7	0.6	0.63	0.94	0.55	0.61	0.86	0.59
Retained Earnings	0.59	0.71	0.85	0.58	0.73	-0.35	0.23		-0.1	-0.11	0.72	0.76	0.67	-0.2	-0.48	0.68	0.32	-0.02	0.68	0.76	0.53	0.23	0.16	0.16	0.19	0.68
Accounts Payable	0.52	0.43	0.02	0.58	0.42	0.9	0.37	-0.1		0.64	0.42	0.42	0.56	0.54	-0.19	0.44	0.61	-0.1	0.46	0.42	0.6	0.54	0.4	0.34	0.61	0.45
Cash	0.39	0.29	0.15	0.31	0.3	0.6	-0.01	-0.11	0.64		0.27	0.18	0.2	0.98	0.22	0.28	0.3	-0.12	0.29	0.22	0.55	0.31	0.09	-0.13	0.46	0.32
Non Current Assets Total	0.97	1.0	0.85	0.91	1.0	0.14	0.61	0.72	0.42	0.27		0.97	0.88	0.2	-0.46	0.99	0.69	-0.24	0.99	0.99	0.93	0.7	0.37	0.45	0.71	1.0
Non Currrent Assets Other	0.93	0.97	0.81	0.94	0.96	0.11	0.67	0.76	0.42	0.18	0.97		0.96	0.09	-0.57	0.97	0.65	-0.27	0.97	0.98	0.88	0.73	0.45	0.53	0.71	0.95
Other Assets	0.86	0.88	0.65	0.93	0.87	0.25	0.68	0.67	0.56	0.2	0.88	0.96		0.09	-0.6	0.9	0.68	-0.22	0.91	0.91	0.84	0.74	0.5	0.57	0.72	0.86
Cash And Short Term Investments	0.33	0.22	0.12	0.24	0.22	0.53	-0.01	-0.2	0.54	0.98	0.2	0.09	0.09		0.33	0.21	0.21	-0.17	0.21	0.14	0.49	0.3	0.09	-0.19	0.44	0.25
Short Term Investments	-0.35	-0.45	-0.3	-0.44	-0.45	-0.08	-0.23	-0.48	-0.19	0.22	-0.46	-0.57	-0.6	0.33		-0.45	0.01	0.58	-0.45	-0.51	-0.26	-0.17	-0.16	-0.46	-0.15	-0.44
Non Current Liabilities Total	0.98	0.99	0.83	0.93	0.99	0.14	0.69	0.68	0.44	0.28	0.99	0.97	0.9	0.21	-0.45		0.71	-0.26	1.0	0.98	0.94	0.78	0.38	0.48	0.78	0.99
Other Current Assets	0.77	0.7	0.44	0.73	0.69	0.37	0.63	0.32	0.61	0.3	0.69	0.65	0.68	0.21	0.01	0.71		0.33	0.72	0.68	0.76	0.69	0.36	0.4	0.73	0.7
Other Stockholder Equity	-0.22	-0.24	-0.2	-0.26	-0.23	-0.06	-0.21	-0.02	-0.1	-0.12	-0.24	-0.27	-0.22	-0.17	0.58	-0.26	0.33		-0.26	-0.23	-0.21	-0.26	-0.21	-0.16	-0.27	-0.24
Total Liab	0.98	0.99	0.82	0.94	0.98	0.16	0.7	0.68	0.46	0.29	0.99	0.97	0.91	0.21	-0.45	1.0	0.72	-0.26		0.98	0.94	0.79	0.42	0.49	0.79	0.99
Property Plant And Equipment Gross	0.95	0.99	0.84	0.92	0.99	0.14	0.6	0.76	0.42	0.22	0.99	0.98	0.91	0.14	-0.51	0.98	0.68	-0.23	0.98		0.91	0.67	0.39	0.44	0.68	0.98
Total Current Assets	0.97	0.94	0.75	0.91	0.93	0.33	0.63	0.53	0.6	0.55	0.93	0.88	0.84	0.49	-0.26	0.94	0.76	-0.21	0.94	0.91		0.8	0.41	0.34	0.85	0.94
Short Long Term Debt Total	0.8	0.71	0.5	0.83	0.68	0.23	0.94	0.23	0.54	0.31	0.7	0.73	0.74	0.3	-0.17	0.78	0.69	-0.26	0.79	0.67	0.8		0.55	0.55	0.96	0.7
Short Term Debt	0.39	0.37	0.19	0.68	0.35	0.23	0.55	0.16	0.4	0.09	0.37	0.45	0.5	0.09	-0.16	0.38	0.36	-0.21	0.42	0.39	0.41	0.55		0.58	0.49	0.35
Current Deferred Revenue	0.44	0.44	0.07	0.59	0.42	0.19	0.61	0.16	0.34	-0.13	0.45	0.53	0.57	-0.19	-0.46	0.48	0.4	-0.16	0.49	0.44	0.34	0.55	0.58		0.46	0.43
Common Stock Total Equity	0.83	0.73	0.49	0.82	0.7	0.32	0.86	0.19	0.61	0.46	0.71	0.71	0.72	0.44	-0.15	0.78	0.73	-0.27	0.79	0.68	0.85	0.96	0.49	0.46		0.72
Common Stock	0.98	1.0	0.83	0.9	1.0	0.19	0.59	0.68	0.45	0.32	1.0	0.95	0.86	0.25	-0.44	0.99	0.7	-0.24	0.99	0.98	0.94	0.7	0.35	0.43	0.72

Click cells to compare fundamentals

Agnico Eagle Account Relationship Matchups

Agnico Eagle fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	238.2M	243.1M	244.7M	438.5M	489.9M	514.4M
Total Assets	8.8B	9.6B	10.2B	23.5B	28.5B	30.0B
Other Current Liab	55.4M	904K	22.1M	137.5M	500.0M	524.9M
Total Current Liabilities	775.6M	515.7M	761.8M	946.4M	1.0B	1.1B
Total Stockholder Equity	5.1B	5.7B	6.0B	16.2B	19.3B	20.3B
Property Plant And Equipment Net	7.0B	7.3B	7.6B	18.5B	1.2B	1.1B
Net Debt	1.5B	1.3B	1.5B	834.8M	1.7B	1.7B
Retained Earnings	(647.3M)	(366.4M)	(165.3M)	(201.6M)	958.2M	1.0B
Accounts Payable	345.6M	363.8M	414.7M	672.5M	316.3M	165.9M
Cash	321.9M	402.5M	185.8M	658.6M	336.9M	220.5M
Non Current Assets Total	7.6B	8.4B	8.9B	21.3B	26.4B	27.7B
Non Currrent Assets Other	184.9M	259.3M	353.2M	466.9M	669.4M	702.8M
Other Assets	189.9M	352.0M	486.8M	478.5M	550.3M	577.8M
Cash And Short Term Investments	414.2M	406.5M	191.1M	658.6M	347.1M	267.9M
Short Term Investments	92.3M	3.9M	5.3M	9.9M	10.1M	9.6M
Liabilities And Stockholders Equity	8.8B	9.6B	10.2B	23.5B	28.5B	30.0B
Non Current Liabilities Total	2.9B	3.4B	3.4B	6.3B	8.2B	8.6B
Other Current Assets	179.2M	159.2M	198.8M	260.0M	237.2M	249.1M
Other Stockholder Equity	217.4M	212.9M	228.4M	220.7M	22.0M	20.9M
Total Liab	3.7B	3.9B	4.2B	7.3B	9.2B	9.7B
Property Plant And Equipment Gross	7.0B	7.3B	14.1B	26.1B	32.5B	34.1B
Total Current Assets	1.2B	1.2B	1.3B	2.2B	2.2B	2.3B
Accumulated Other Comprehensive Income	(47.9M)	85.3M	54.3M	(29.0M)	102.3M	107.4M
Short Long Term Debt Total	1.8B	1.7B	1.7B	1.5B	2.0B	2.1B
Short Term Debt	374.7M	20.9M	258.0M	136.5M	145.6M	152.9M
Common Stock Total Equity	5.3B	5.4B	5.6B	5.8B	6.6B	6.9B
Common Stock	5.6B	5.8B	5.9B	16.3B	18.2B	19.2B
Net Receivables	10.6M	15.5M	21.2M	43.6M	184.0M	193.2M
Inventory	580.1M	630.5M	878.9M	1.2B	1.4B	1.5B
Other Liab	1.4B	1.8B	2.0B	5.0B	5.7B	6.0B
Long Term Debt	1.4B	1.6B	1.3B	1.2B	1.7B	953.5M
Property Plant Equipment	7.0B	7.3B	7.6B	18.5B	21.2B	22.3B
Net Tangible Assets	4.1B	4.7B	5.3B	5.6B	6.4B	4.6B
Long Term Debt Total	1.5B	1.7B	1.4B	1.4B	1.6B	1.5B

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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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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 tightly coupled with the direction of predictive economic indicators such as signals in income.

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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

(0.82)

Dividend Share

1.6

Earnings Share

0.79

Revenue Per Share

14.009

Quarterly Revenue Growth

0.212

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.

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Agnico Property Plant Equipment vs Retained Earnings Analysis

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Retained Earnings

Agnico Eagle fundamental ratios Correlations

Agnico Eagle Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Agnico Eagle fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Non Current Assets Total

Short Term Investments	- 0.6	Other Assets
Short Term Investments	- 0.57	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.51	Short Term Investments
Short Term Investments	- 0.48	Retained Earnings
Current Deferred Revenue	- 0.46	Short Term Investments
Short Term Investments	- 0.46	Non Current Assets Total