Agnico Eagle Mines Limited (AEM) — Working Capital to Net Assets Ratio
Agnico Eagle Mines Limited (AEM) has a Working Capital to Net Assets ratio of 12.6% as of June 2026. Working capital of CA$3.59 Billion (current assets of CA$5.51 Billion minus current liabilities of CA$1.93 Billion) is measured against net assets of CA$28.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Agnico Eagle Mines Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Agnico Eagle Mines Limited Working Capital to Net Assets (1993–2025)
This chart shows how Agnico Eagle Mines Limited's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 12.6%, reflecting working capital of CA$3.59 Billion against net assets of CA$28.56 Billion CAD. For the complete balance sheet picture, see Agnico Eagle Mines Limited balance sheet assets.
Annual Working Capital to Net Assets for Agnico Eagle Mines Limited (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Agnico Eagle Mines Limited from 1993 to 2025, covering 33 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Agnico Eagle Mines Limited (AEM) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.2% | CA$2.52 Billion | CA$24.70 Billion | CA$4.98 Billion | CA$2.47 Billion | ▲ +4.0 pp |
| 2024 | 6.2% | CA$1.29 Billion | CA$20.83 Billion | CA$2.81 Billion | CA$1.51 Billion | ▲ +0.3 pp |
| 2023 | 5.9% | CA$1.14 Billion | CA$19.42 Billion | CA$2.19 Billion | CA$1.05 Billion | ▼ -1.7 pp |
| 2022 | 7.6% | CA$1.23 Billion | CA$16.24 Billion | CA$2.18 Billion | CA$946.42 Million | ▼ -1.4 pp |
| 2021 | 9.0% | CA$540.58 Million | CA$5.98 Billion | CA$1.30 Billion | CA$761.81 Million | ▼ -3.8 pp |
| 2020 | 12.9% | CA$731.49 Million | CA$5.68 Billion | CA$1.25 Billion | CA$515.70 Million | ▲ +4.7 pp |
| 2019 | 8.2% | CA$417.92 Million | CA$5.11 Billion | CA$1.19 Billion | CA$775.64 Million | ▼ -7.5 pp |
| 2018 | 15.6% | CA$711.00 Million | CA$4.55 Billion | CA$1.07 Billion | CA$361.45 Million | ▼ -7.2 pp |
| 2017 | 22.8% | CA$1.13 Billion | CA$4.95 Billion | CA$1.46 Billion | CA$333.82 Million | ▲ +4.8 pp |
| 2016 | 18.0% | CA$806.56 Million | CA$4.49 Billion | CA$1.23 Billion | CA$423.62 Million | ▲ +5.4 pp |
| 2015 | 12.5% | CA$517.90 Million | CA$4.14 Billion | CA$829.42 Million | CA$311.52 Million | ▼ -1.7 pp |
| 2014 | 14.2% | CA$579.39 Million | CA$4.07 Billion | CA$908.06 Million | CA$328.67 Million | ▼ -5.7 pp |
| 2013 | 20.0% | CA$594.18 Million | CA$2.98 Billion | CA$804.83 Million | CA$210.65 Million | ▲ +1.6 pp |
| 2012 | 18.4% | CA$626.60 Million | CA$3.41 Billion | CA$903.27 Million | CA$276.67 Million | ▼ -1.0 pp |
| 2011 | 19.4% | CA$622.90 Million | CA$3.22 Billion | CA$870.90 Million | CA$248.00 Million | ▲ +9.3 pp |
| 2010 | 10.1% | CA$371.05 Million | CA$3.67 Billion | CA$674.22 Million | CA$303.17 Million | ▼ -4.9 pp |
| 2009 | 15.0% | CA$413.58 Million | CA$2.75 Billion | CA$604.04 Million | CA$190.46 Million | ▲ +8.0 pp |
| 2008 | 7.1% | CA$178.24 Million | CA$2.52 Billion | CA$351.29 Million | CA$173.06 Million | ▼ -15.8 pp |
| 2007 | 22.9% | CA$471.59 Million | CA$2.06 Billion | CA$606.09 Million | CA$134.51 Million | ▼ -21.1 pp |
| 2006 | 44.0% | CA$550.90 Million | CA$1.25 Billion | CA$622.83 Million | CA$71.94 Million | ▲ +13.5 pp |
| 2005 | 30.5% | CA$199.49 Million | CA$655.07 Million | CA$243.34 Million | CA$43.84 Million | ▼ -7.3 pp |
| 2004 | 37.7% | CA$177.31 Million | CA$470.23 Million | CA$211.80 Million | CA$34.49 Million | ▲ +2.6 pp |
| 2003 | 35.1% | CA$140.62 Million | CA$400.74 Million | CA$177.02 Million | CA$36.40 Million | ▼ -11.5 pp |
| 2002 | 46.6% | CA$185.14 Million | CA$397.69 Million | CA$206.23 Million | CA$21.09 Million | ▲ +26.4 pp |
| 2001 | 20.1% | CA$42.57 Million | CA$211.31 Million | CA$57.13 Million | CA$14.56 Million | ▲ +6.3 pp |
| 2000 | 13.8% | CA$18.88 Million | CA$136.46 Million | CA$42.74 Million | CA$23.86 Million | ▼ -3.8 pp |
| 1999 | 17.6% | CA$24.54 Million | CA$139.14 Million | CA$40.78 Million | CA$16.24 Million | ▼ -45.5 pp |
| 1998 | 63.1% | CA$92.57 Million | CA$146.64 Million | CA$105.75 Million | CA$13.18 Million | ▼ -15.0 pp |
| 1997 | 78.1% | CA$78.20 Million | CA$100.10 Million | CA$98.70 Million | CA$20.50 Million | ▲ +20.7 pp |
| 1996 | 57.5% | CA$87.42 Million | CA$152.14 Million | CA$109.97 Million | CA$22.55 Million | ▼ -21.7 pp |
| 1995 | 79.2% | CA$100.67 Million | CA$127.14 Million | CA$123.84 Million | CA$23.17 Million | ▼ -22.6 pp |
| 1994 | 101.7% | CA$111.93 Million | CA$110.01 Million | CA$135.89 Million | CA$23.96 Million | ▲ +72.1 pp |
| 1993 | 29.7% | CA$34.14 Million | CA$114.96 Million | CA$52.95 Million | CA$18.81 Million | — |