Agnico Non Recurring vs Gross Profit 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 Non Recurring and its Gross Profit 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.

Non Recurring vs Gross Profit

Non Recurring vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agnico Eagle Mines Non Recurring account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Agnico Eagle's Non Recurring and Gross Profit is 0.07. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Gross Profit 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 Non Recurring and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Agnico Eagle Mines are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Non Recurring i.e., Agnico Eagle's Non Recurring and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Recurring

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Agnico Eagle Mines minus its cost of goods sold. It is profit before Agnico Eagle operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Profit1.3B2.0B2.0B2.1B
Total Revenue3.8B5.7B6.7B7.1B

Agnico Eagle fundamental ratios Correlations

0.980.870.920.970.240.690.590.720.390.970.920.860.33-0.350.980.92-0.240.980.950.970.80.390.440.830.98
0.980.910.921.00.160.620.710.60.31.00.970.880.22-0.450.990.92-0.260.990.990.940.720.370.440.731.0
0.870.910.850.920.280.430.750.390.380.910.90.90.27-0.560.90.79-0.280.90.930.880.570.30.270.60.91
0.920.920.850.90.280.740.580.650.310.910.920.930.24-0.440.930.86-0.290.940.920.910.830.680.590.820.91
0.971.00.920.90.150.580.730.580.31.00.960.870.22-0.450.990.91-0.240.980.990.930.680.350.420.71.0
0.240.160.280.280.150.05-0.350.190.60.140.030.250.52-0.080.140.08-0.120.160.140.330.220.230.190.320.19
0.690.620.430.740.580.050.240.72-0.010.620.670.68-0.01-0.230.690.7-0.220.710.60.630.940.550.610.860.59
0.590.710.750.580.73-0.350.240.1-0.110.720.790.67-0.2-0.480.680.67-0.020.680.760.530.240.160.160.190.68
0.720.60.390.650.580.190.720.10.420.590.510.420.470.230.630.65-0.070.640.530.720.820.450.230.820.61
0.390.30.380.310.30.6-0.01-0.110.420.280.150.20.980.220.280.18-0.150.290.220.550.310.09-0.130.460.33
0.971.00.910.911.00.140.620.720.590.280.970.880.2-0.460.990.92-0.260.990.990.930.710.370.450.711.0
0.920.970.90.920.960.030.670.790.510.150.970.940.07-0.550.970.9-0.280.970.980.870.720.420.510.690.95
0.860.880.90.930.870.250.680.670.420.20.880.940.09-0.60.90.85-0.270.910.910.840.740.50.570.720.86
0.330.220.270.240.220.52-0.01-0.20.470.980.20.070.090.330.210.1-0.180.210.140.490.30.09-0.190.440.25
-0.35-0.45-0.56-0.44-0.45-0.08-0.23-0.480.230.22-0.46-0.55-0.60.33-0.45-0.260.61-0.45-0.51-0.26-0.18-0.16-0.46-0.15-0.44
0.980.990.90.930.990.140.690.680.630.280.990.970.90.21-0.450.92-0.281.00.980.940.780.380.480.780.99
0.920.920.790.860.910.080.70.670.650.180.920.90.850.1-0.260.920.060.920.910.870.740.350.460.750.9
-0.24-0.26-0.28-0.29-0.24-0.12-0.22-0.02-0.07-0.15-0.26-0.28-0.27-0.180.61-0.280.06-0.28-0.25-0.23-0.28-0.23-0.19-0.29-0.26
0.980.990.90.940.980.160.710.680.640.290.990.970.910.21-0.451.00.92-0.280.980.940.790.420.490.790.99
0.950.990.930.920.990.140.60.760.530.220.990.980.910.14-0.510.980.91-0.250.980.910.680.40.440.680.98
0.970.940.880.910.930.330.630.530.720.550.930.870.840.49-0.260.940.87-0.230.940.910.80.410.340.850.94
0.80.720.570.830.680.220.940.240.820.310.710.720.740.3-0.180.780.74-0.280.790.680.80.550.550.960.7
0.390.370.30.680.350.230.550.160.450.090.370.420.50.09-0.160.380.35-0.230.420.40.410.550.580.490.36
0.440.440.270.590.420.190.610.160.23-0.130.450.510.57-0.19-0.460.480.46-0.190.490.440.340.550.580.460.43
0.830.730.60.820.70.320.860.190.820.460.710.690.720.44-0.150.780.75-0.290.790.680.850.960.490.460.72
0.981.00.910.911.00.190.590.680.610.331.00.950.860.25-0.440.990.9-0.260.990.980.940.70.360.430.72
Click cells to compare fundamentals

Agnico Eagle Account Relationship Matchups

Agnico Eagle fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding238.2M243.1M244.7M438.5M489.9M514.4M
Total Assets8.8B9.6B10.2B23.5B28.5B30.0B
Other Current Liab55.4M225.0M267.5M546.8M502.9M528.1M
Total Current Liabilities775.6M515.7M761.8M946.4M1.0B1.1B
Total Stockholder Equity5.1B5.7B6.0B16.2B19.3B20.3B
Property Plant And Equipment Net7.0B7.3B7.6B18.5B1.2B1.1B
Net Debt1.5B1.3B1.5B834.8M1.7B1.7B
Retained Earnings(647.3M)(366.4M)(165.3M)(201.6M)958.2M1.0B
Accounts Payable345.6M167.1M189.1M259.0M317.9M333.8M
Cash321.9M402.5M185.8M658.6M338.6M220.6M
Non Current Assets Total7.6B8.4B8.9B21.3B26.4B27.7B
Non Currrent Assets Other184.9M259.3M353.2M466.9M779.6M818.6M
Other Assets189.9M352.0M486.8M478.5M550.3M577.8M
Cash And Short Term Investments414.2M406.5M191.1M658.6M348.8M268.0M
Short Term Investments92.3M3.9M5.3M9.9M10.2M9.7M
Liabilities And Stockholders Equity8.8B9.6B10.2B23.5B28.5B30.0B
Non Current Liabilities Total2.9B3.4B3.4B6.3B8.2B8.6B
Other Current Assets179.2M198.4M218.8M293.9M415.2M436.0M
Other Stockholder Equity217.4M37.3M56.2M23.3M21.4M20.4M
Total Liab3.7B3.9B4.2B7.3B9.3B9.7B
Property Plant And Equipment Gross7.0B7.3B14.1B26.1B32.5B34.1B
Total Current Assets1.2B1.2B1.3B2.2B2.2B2.3B
Accumulated Other Comprehensive Income(47.9M)85.3M54.3M(29.0M)102.8M107.9M
Short Long Term Debt Total1.8B1.7B1.7B1.5B2.0B2.1B
Short Term Debt374.7M20.9M258.0M136.5M146.4M153.7M
Common Stock Total Equity5.3B5.4B5.6B5.8B6.6B6.9B
Common Stock5.6B5.8B5.9B16.3B18.2B19.2B
Net Receivables10.6M11.9M13.5M143.8M184.0M193.2M
Inventory580.1M630.5M878.9M1.2B1.4B1.5B
Other Liab1.4B1.8B2.0B5.0B5.7B6.0B
Long Term Debt1.4B1.6B1.3B1.2B1.7B953.5M
Property Plant Equipment7.0B7.3B7.6B18.5B21.2B22.3B
Net Tangible Assets4.1B4.7B5.3B5.6B6.4B4.6B
Long Term Debt Total1.5B1.7B1.4B1.4B1.6B1.5B

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When determining whether Agnico Eagle Mines is a strong investment it is important to analyze Agnico Eagle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Agnico Eagle's future performance. For an informed investment choice regarding Agnico Stock, refer to the following important reports:
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.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.