Agnico Cost Of Revenue vs Other Operating Expenses Analysis
AEM Stock | USD 82.45 2.46 3.08% |
Agnico Eagle financial indicator trend analysis is way more than just evaluating Agnico Eagle Mines prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agnico Eagle Mines is a good investment. Please check the relationship between Agnico Eagle Cost Of Revenue and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Cost Of Revenue vs Other Operating Expenses
Cost Of Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agnico Eagle Mines Cost Of Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Agnico Eagle's Cost Of Revenue and Other Operating Expenses is 0.92. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Agnico Eagle Mines, assuming nothing else is changed. The correlation between historical values of Agnico Eagle's Cost Of Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Agnico Eagle Mines are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Agnico Eagle's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Agnico Eagle Mines income statement and represents the costs associated with goods and services Agnico Eagle provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Agnico Eagle Mines. It is also known as Agnico Eagle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Agnico Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agnico Eagle Mines current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Agnico Eagle's Selling General Administrative is very stable compared to the past year. As of the 20th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Issuance Of Capital Stock is likely to drop about 19.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 2.0B | 2.0B | 2.1B | Total Revenue | 3.8B | 5.7B | 6.7B | 7.1B |
Agnico Eagle fundamental ratios Correlations
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Agnico Eagle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agnico Eagle fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 238.2M | 243.1M | 244.7M | 438.5M | 489.9M | 514.4M | |
Total Assets | 8.8B | 9.6B | 10.2B | 23.5B | 28.5B | 30.0B | |
Other Current Liab | 55.4M | 225.0M | 267.5M | 546.8M | 502.9M | 528.1M | |
Total Current Liabilities | 775.6M | 515.7M | 761.8M | 946.4M | 1.0B | 1.1B | |
Total Stockholder Equity | 5.1B | 5.7B | 6.0B | 16.2B | 19.3B | 20.3B | |
Property Plant And Equipment Net | 7.0B | 7.3B | 7.6B | 18.5B | 1.2B | 1.1B | |
Net Debt | 1.5B | 1.3B | 1.5B | 834.8M | 1.7B | 1.7B | |
Retained Earnings | (647.3M) | (366.4M) | (165.3M) | (201.6M) | 958.2M | 1.0B | |
Accounts Payable | 345.6M | 167.1M | 189.1M | 259.0M | 317.9M | 333.8M | |
Cash | 321.9M | 402.5M | 185.8M | 658.6M | 338.6M | 220.6M | |
Non Current Assets Total | 7.6B | 8.4B | 8.9B | 21.3B | 26.4B | 27.7B | |
Non Currrent Assets Other | 184.9M | 259.3M | 353.2M | 466.9M | 779.6M | 818.6M | |
Other Assets | 189.9M | 352.0M | 486.8M | 478.5M | 550.3M | 577.8M | |
Cash And Short Term Investments | 414.2M | 406.5M | 191.1M | 658.6M | 348.8M | 268.0M | |
Short Term Investments | 92.3M | 3.9M | 5.3M | 9.9M | 10.2M | 9.7M | |
Liabilities And Stockholders Equity | 8.8B | 9.6B | 10.2B | 23.5B | 28.5B | 30.0B | |
Non Current Liabilities Total | 2.9B | 3.4B | 3.4B | 6.3B | 8.2B | 8.6B | |
Other Current Assets | 179.2M | 198.4M | 218.8M | 293.9M | 415.2M | 436.0M | |
Other Stockholder Equity | 217.4M | 37.3M | 56.2M | 23.3M | 21.4M | 20.4M | |
Total Liab | 3.7B | 3.9B | 4.2B | 7.3B | 9.3B | 9.7B | |
Property Plant And Equipment Gross | 7.0B | 7.3B | 14.1B | 26.1B | 32.5B | 34.1B | |
Total Current Assets | 1.2B | 1.2B | 1.3B | 2.2B | 2.2B | 2.3B | |
Accumulated Other Comprehensive Income | (47.9M) | 85.3M | 54.3M | (29.0M) | 102.8M | 107.9M | |
Short Long Term Debt Total | 1.8B | 1.7B | 1.7B | 1.5B | 2.0B | 2.1B | |
Short Term Debt | 374.7M | 20.9M | 258.0M | 136.5M | 146.4M | 153.7M | |
Common Stock Total Equity | 5.3B | 5.4B | 5.6B | 5.8B | 6.6B | 6.9B | |
Common Stock | 5.6B | 5.8B | 5.9B | 16.3B | 18.2B | 19.2B | |
Net Receivables | 10.6M | 11.9M | 13.5M | 143.8M | 184.0M | 193.2M | |
Inventory | 580.1M | 630.5M | 878.9M | 1.2B | 1.4B | 1.5B | |
Other Liab | 1.4B | 1.8B | 2.0B | 5.0B | 5.7B | 6.0B | |
Long Term Debt | 1.4B | 1.6B | 1.3B | 1.2B | 1.7B | 953.5M | |
Property Plant Equipment | 7.0B | 7.3B | 7.6B | 18.5B | 21.2B | 22.3B | |
Net Tangible Assets | 4.1B | 4.7B | 5.3B | 5.6B | 6.4B | 4.6B | |
Long Term Debt Total | 1.5B | 1.7B | 1.4B | 1.4B | 1.6B | 1.5B |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agnico Eagle. If investors know Agnico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agnico Eagle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.245 | Dividend Share 1.6 | Earnings Share 1.98 | Revenue Per Share 15.68 | Quarterly Revenue Growth 0.312 |
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.