Agnico Eagle Mines Limited
Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was in… Read more
Agnico Eagle Mines Limited (AEM) - Total Assets
Latest total assets as of September 2025: $32.66 Billion USD
Based on the latest financial reports, Agnico Eagle Mines Limited (AEM) holds total assets worth $32.66 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Agnico Eagle Mines Limited - Total Assets Trend (1993–2024)
This chart illustrates how Agnico Eagle Mines Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Agnico Eagle Mines Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Agnico Eagle Mines Limited's total assets of $32.66 Billion consist of 9.4% current assets and 90.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $926.43 Million | 3.1% |
| Accounts Receivable | $189.63 Million | 0.6% |
| Inventory | $1.51 Billion | 5.0% |
| Property, Plant & Equipment | $21.47 Billion | 71.6% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $4.16 Billion | 13.9% |
Asset Composition Trend (1993–2024)
This chart illustrates how Agnico Eagle Mines Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Agnico Eagle Mines Limited's current assets represent 9.4% of total assets in 2024, a decrease from 36.7% in 1993.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 26.8% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 71.6% of total assets.
Agnico Eagle Mines Limited Competitors by Total Assets
Key competitors of Agnico Eagle Mines Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Agnico Eagle Mines Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Agnico Eagle Mines Limited generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Agnico Eagle Mines Limited generates $6.32 in net profit.
Agnico Eagle Mines Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.12 | 1.75 | 2.42 |
| Quick Ratio | 1.31 | 0.83 | 1.20 |
| Cash Ratio | 1.12 | 0.59 | 0.00 |
| Working Capital | $2.36 Billion | $ 1.25 Billion | $ 731.49 Million |
Agnico Eagle Mines Limited - Advanced Valuation Insights
This section examines the relationship between Agnico Eagle Mines Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.63 |
| Latest Market Cap to Assets Ratio | 3.50 |
| Asset Growth Rate (YoY) | 4.5% |
| Total Assets | $29.99 Billion |
| Market Capitalization | $105.00 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Agnico Eagle Mines Limited's assets at a significant premium ( 3.50x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Agnico Eagle Mines Limited's assets grew by 4.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Agnico Eagle Mines Limited (1993–2024)
The table below shows the annual total assets of Agnico Eagle Mines Limited from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $29.99 Billion | +4.54% |
| 2023-12-31 | $28.68 Billion | +22.09% |
| 2022-12-31 | $23.49 Billion | +129.98% |
| 2021-12-31 | $10.22 Billion | +6.25% |
| 2020-12-31 | $9.61 Billion | +9.38% |
| 2019-12-31 | $8.79 Billion | +11.93% |
| 2018-12-31 | $7.85 Billion | -0.16% |
| 2017-12-31 | $7.87 Billion | +10.66% |
| 2016-12-31 | $7.11 Billion | +6.36% |
| 2015-12-31 | $6.68 Billion | -1.85% |
| 2014-12-31 | $6.81 Billion | +48.67% |
| 2013-12-31 | $4.58 Billion | -12.86% |
| 2012-12-31 | $5.26 Billion | +4.40% |
| 2011-12-31 | $5.03 Billion | -8.47% |
| 2010-12-31 | $5.50 Billion | +29.50% |
| 2009-12-31 | $4.25 Billion | +25.71% |
| 2008-12-31 | $3.38 Billion | +23.52% |
| 2007-12-31 | $2.74 Billion | +79.79% |
| 2006-12-31 | $1.52 Billion | +55.88% |
| 2005-12-31 | $976.07 Million | +35.91% |
| 2004-12-31 | $718.16 Million | +12.72% |
| 2003-12-31 | $637.12 Million | +7.29% |
| 2002-12-31 | $593.81 Million | +50.92% |
| 2001-12-31 | $393.46 Million | +7.87% |
| 2000-12-31 | $364.75 Million | +24.75% |
| 1999-12-31 | $292.40 Million | +4.15% |
| 1998-12-31 | $280.75 Million | +19.95% |
| 1997-12-31 | $234.05 Million | -22.15% |
| 1996-12-31 | $300.64 Million | +6.80% |
| 1995-12-31 | $281.48 Million | +9.85% |
| 1994-12-31 | $256.23 Million | +77.80% |
| 1993-12-31 | $144.11 Million | -- |