Agnico Eagle Mines Limited (AEM) — Defensive Interval Ratio

Latest as of June 2026: 38 days

Agnico Eagle Mines Limited (AEM) has a Defensive Interval Ratio of 38 days as of June 2026. Defensive assets of CA$199.75 Million (cash CA$-, short-term investments CA$13.94 Million, receivables CA$185.81 Million) cover 38 days of daily cash needs of CA$5.29 Million/day.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

CA$199.75 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.29 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.93 Billion
CAD

Agnico Eagle Mines Limited Defensive Interval Ratio (1993–2025)

This chart shows how Agnico Eagle Mines Limited's Defensive Interval Ratio has evolved across 30 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 38 days, meaning defensive assets of CA$199.75 Million can fund 38 days of operations without new revenue. For the complete balance sheet picture, see AEM total asset value.

Annual Defensive Interval Ratio for Agnico Eagle Mines Limited (1993–2025)

The table below presents the year-by-year Defensive Interval Ratio for Agnico Eagle Mines Limited from 1993 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See AEM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 456 days CA$3.08 Billion CA$6.76 Million/day CA$2.87 Billion CA$8.84 Million ▲ +185 days
2024 271 days CA$1.12 Billion CA$4.14 Million/day CA$926.43 Million CA$7.31 Million ▲ +86 days
2023 186 days CA$532.80 Million CA$2.87 Million/day CA$338.65 Million CA$10.20 Million ▼ -89 days
2022 275 days CA$712.15 Million CA$2.59 Million/day CA$658.62 Million CA$9.90 Million ▲ +177 days
2021 98 days CA$204.62 Million CA$2.09 Million/day CA$185.79 Million CA$5.29 Million ▼ -210 days
2020 308 days CA$435.63 Million CA$1.41 Million/day CA$402.53 Million CA$3.94 Million ▲ +110 days
2019 199 days CA$422.47 Million CA$2.13 Million/day CA$321.90 Million CA$92.26 Million ▼ -357 days
2018 555 days CA$549.91 Million CA$990.27K/day CA$301.83 Million CA$82.61 Million ▼ -402 days
2017 958 days CA$875.86 Million CA$914.58K/day CA$632.98 Million CA$133.69 Million ▲ +399 days
2016 559 days CA$648.89 Million CA$1.16 Million/day CA$539.97 Million CA$100.73 Million ▲ +504 days
2015 55 days CA$47.02 Million CA$853.48K/day CA$- CA$39.31 Million ▼ -79 days
2014 134 days CA$120.81 Million CA$900.45K/day CA$- CA$61.09 Million ▼ -112 days
2013 246 days CA$141.88 Million CA$577.13K/day CA$- CA$74.58 Million ▲ +97 days
2012 148 days CA$112.47 Million CA$757.99K/day CA$- CA$44.72 Million ▼ -285 days
2011 433 days CA$294.19 Million CA$679.46K/day CA$- CA$151.98 Million ▲ +87 days
2010 346 days CA$287.49 Million CA$830.60K/day CA$- CA$105.68 Million ▼ -137 days
2009 483 days CA$252.26 Million CA$521.81K/day CA$- CA$115.28 Million ▲ +121 days
2008 363 days CA$171.95 Million CA$474.13K/day CA$- CA$70.38 Million ▼ -189 days
2007 552 days CA$203.40 Million CA$368.51K/day CA$- CA$78.77 Million ▼ -311 days
2006 863 days CA$170.04 Million CA$197.08K/day CA$- CA$170.04 Million ▲ +300 days
2005 562 days CA$67.55 Million CA$120.12K/day CA$- CA$59.83 Million ▼ -484 days
2004 1046 days CA$98.87 Million CA$94.50K/day CA$- CA$78.63 Million ▲ +886 days
2003 160 days CA$16.00 Million CA$99.74K/day CA$- CA$4.43 Million ▼ -13 days
2002 174 days CA$10.03 Million CA$57.77K/day CA$- CA$- ▲ +132 days
2001 42 days CA$1.66 Million CA$39.89K/day CA$- CA$- ▼ -447 days
1997 488 days CA$27.42 Million CA$56.15K/day CA$- CA$27.42 Million ▼ -141 days
1996 630 days CA$38.89 Million CA$61.78K/day CA$- CA$38.89 Million ▲ +199 days
1995 431 days CA$27.35 Million CA$63.48K/day CA$- CA$27.35 Million ▲ +308 days
1994 123 days CA$8.06 Million CA$65.63K/day CA$- CA$8.06 Million ▼ -59 days
1993 182 days CA$9.37 Million CA$51.53K/day CA$- CA$9.37 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)