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 13.3% as of March 2026. Working capital of CA$3.50 Billion (current assets of CA$5.13 Billion minus current liabilities of CA$1.63 Billion) is measured against net assets of CA$26.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AEM equity financing ratio to measure how much of total assets are equity-financed.
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 March 2026, the ratio stands at 13.3%, reflecting working capital of CA$3.50 Billion against net assets of CA$26.28 Billion CAD. Check tangible net worth ratio of Agnico Eagle Mines Limited to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see AEM market cap.
| 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 | — |