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Agnico Eagle Mines stock: balance sheet and debt

AEM
$178.41Closing price of 12 Nov 2026MEQIRI Score 73 out of 100

Agnico Eagle Mines has a debt to equity ratio of 0.01 and an interest coverage of over 100x.

Daily figure as of 13 Nov 2026

Debt / Equity
0.01
Interest coverage
> 100x
Current ratio
2.02
Cash & equivalents
$2.87B
Total assets
$34.47B
Equity ratio
71.8%
Goodwill
$4.16B
Net debt
−$2.55B
More cash than debt

Total assets and equity ratio

How large the balance sheet of Agnico Eagle Mines Limited is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$1.52Bnot reported separatelynot reported separately82.3%−$458.62M
2007$2.74Bnot reported separatelynot reported separately75.3%−$421.86M
2008$3.38Bnot reported separatelynot reported separately74.5%$71.11M
2009$4.25Bnot reported separatelynot reported separately64.8%$439.44M
2010$5.5B$200.06M$200.06M66.6%$459.35M
2011$5.03B$229.28M$229.28M63.9%$625.92M
2012$5.26B$229.28M$229.28M64.9%$491.68M
2013$4.58B$39.02M$39.02M59.3%$795.34M
2014$6.81B$696.81M$696.81M59.7%$1.18B
2015$6.68B$696.81M$696.81M62.0%$988.32M
2016$7.11B$696.81M$696.81M63.2%$573.83M
2017$7.87B$696.81M$696.81M62.9%$610.51M
2018$7.85B$407.79M$407.79M57.9%$1.34B
2019$8.79B$407.79M$407.79M58.2%$1.5B
2020$9.61B$407.79M$407.79M59.1%$1.28B
2021$10.22B$407.79M$407.79M58.7%$1.51B
2022$23.49B$2.06B$2.04B69.1%$824.89M
2023$28.68B$4.16B$4.16B67.7%$1.66B
2024$29.99B$4.16B$4.16B69.5%$348.45M
2025$34.47B$4.16B$4.16B71.8%−$2.55B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$458.62M$1.25B$00
2007$431.57M$2.06B$9.71M0
2008$138.77M$2.52B$209.88M0.08
2009$275.56M$2.75B$715M0.26
2010$201.24M$3.67B$660.59M0.18
2011$331.43M$3.2B$957.35M0.3
2012$351.28M$3.41B$842.96M0.25
2013$215.9M$2.72B$1.01B0.37
2014$238.63M$4.07B$1.42B0.35
2015$163.46M$4.14B$1.15B0.28
2016$640.71M$4.49B$1.21B0.27
2017$766.67M$4.95B$1.38B0.28
2018$384.44M$4.55B$1.72B0.38
2019$337.02M$5.11B$1.84B0.36
2020$406.46M$5.68B$1.69B0.3
2021$191.07M$6B$1.7B0.28
2022$668.52M$16.24B$1.49B0.09
2023$348.85M$19.42B$2B0.1
2024$933.74M$20.83B$1.28B0.06
2025$2.87B$24.74B$321.47M0.01

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 14 Feb 2025)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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