STOCK TITAN

Agnico Eagle Min Financials

AEM
Source SEC Filings (10-K/10-Q) Updated Jun 30, 2014 Currency USD FYE December

This page shows Agnico Eagle Min (AEM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AEM FY2013

Losses in reported earnings masked a still-cash-generative, asset-heavy business, while rising debt slowly eroded the balance-sheet cushion.

The latest year’s -$407M net loss was paired with $438M of operating cash flow, so the reported loss did not reflect an equivalent cash drain from day-to-day operations. Debt to equity moved from 0.2x to 0.3x, even as the current ratio improved, meaning the strain showed up in capital structure more than in short-term liquidity.

Short-term liquidity was not the central problem: current assets of $805M covered current liabilities of $211M, leaving ample room to meet near-term obligations. The weaker spot was financial flexibility, because cash ended the year at $139M while long-term debt was $1.0B, leaving less room to absorb another weak earnings period.

The company’s cash engine looked sturdier than its income statement: dividends consumed about 29.0% of operating cash flow, so the payout was funded from operations rather than by running down cash. But retained earnings flipped from $7M to -$513M, showing how quickly reported losses can shrink the accounting cushion in an asset-heavy business.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 28 / 100
Financial Profile 28/100

Based on FY2013 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Agnico Eagle Min's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage
95

Agnico Eagle Min carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 95/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
75

With a current ratio of 3.82, Agnico Eagle Min holds $3.82 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.

Returns
0

Agnico Eagle Min generates a -13.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 9.1% the prior year.

Piotroski F-Score Weak
3/9

Agnico Eagle Min passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Mixed
-1.08x

For every $1 of reported earnings, Agnico Eagle Min generates $-1.08 in operating cash flow ($438.3M OCF vs -$406.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Adequate
2.3x

Agnico Eagle Min earns $2.3 in operating income for every $1 of interest expense ($132.0M vs $58.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
N/A
EBITDA
$428.1M
YoY-63.8%

Agnico Eagle Min's EBITDA was $428.1M in fiscal year 2013, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 63.8% from the prior year.

Net Income
-$406.5M
YoY-230.8%

Agnico Eagle Min reported -$406.5M in net income in fiscal year 2013. This represents a decrease of 230.8% from the prior year.

EPS (Diluted)
$-2.35
YoY-229.8%

Agnico Eagle Min earned $-2.35 per diluted share (EPS) in fiscal year 2013. This represents a decrease of 229.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$139.1M
YoY-53.3%
5Y CAGR+15.3%

Agnico Eagle Min held $139.1M in cash against $1.0B in long-term debt as of fiscal year 2013.

Dividends Per Share
$0.66
YoY-35.3%
5Y CAGR+29.7%

Agnico Eagle Min paid $0.66 per share in dividends in fiscal year 2013. This represents a decrease of 35.3% from the prior year.

Shares Outstanding
174M
YoY+1.3%

Agnico Eagle Min had 174M shares outstanding in fiscal year 2013. This represents an increase of 1.3% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
-13.7%
YoY-22.8pp
5Y CAGR-16.6pp

Agnico Eagle Min's ROE was -13.7% in fiscal year 2013, measuring profit generated per dollar of shareholder equity. This is down 22.8 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$19.0M
YoY+57.9%

Agnico Eagle Min spent $19.0M on share buybacks in fiscal year 2013, returning capital to shareholders by reducing shares outstanding. This represents an increase of 57.9% from the prior year.

Capital Expenditures
N/A

AEM Income Statement

Metric Q2'14 Q1'14 Q4'13 Q3'13 Q2'13 Q1'13 Q4'12 Q3'12
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $24.8M-9.0% $27.2M N/A $24.2M-14.7% $28.4M-23.9% $37.3M N/A $25.4M
Operating Income $187.2M-27.5% $258.3M N/A $114.7M+15.7% $99.1M-45.5% $181.8M N/A $194.8M
Interest Expense $15.7M-1.3% $15.9M N/A $14.9M+8.7% $13.7M-1.3% $13.9M N/A $14.9M
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income $37.7M-65.4% $108.9M N/A $47.3M+294.1% -$24.4M-202.2% $23.9M N/A $106.3M
EPS (Diluted) $0.20-67.7% $0.62 N/A $0.27+292.9% $-0.14-200.0% $0.14 N/A $0.62

AEM Balance Sheet

Metric Q2'14 Q1'14 Q4'13 Q3'13 Q2'13 Q1'13 Q4'12 Q3'12
Total Assets $6.7B+34.3% $5.0B+0.7% $5.0B-8.8% $5.4B+3.6% $5.3B0.0% $5.3B-0.1% $5.3B+0.7% $5.2B
Current Assets $904.2M+8.3% $835.2M+3.8% $804.8M-5.6% $853.0M+16.7% $730.9M-13.2% $841.7M-6.8% $903.5M-5.3% $954.0M
Cash & Equivalents $240.8M+32.5% $181.8M+30.7% $139.1M+24.1% $112.1M+4.4% $107.4M-53.8% $232.3M-22.1% $298.1M+8.6% $274.4M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A $77.0M
Goodwill $39.0M0.0% $39.0M0.0% $39.0M-83.4% $235.4M0.0% $235.4M+2.7% $229.3M0.0% $229.3M0.0% $229.3M
Total Liabilities $2.4B+28.0% $1.9B-4.7% $2.0B+0.1% $2.0B+8.0% $1.8B+2.6% $1.8B-3.2% $1.8B+0.9% $1.8B
Current Liabilities $318.3M+59.5% $199.5M-5.3% $210.7M-23.7% $276.1M+10.8% $249.3M+4.4% $238.9M-13.7% $276.9M-6.4% $296.0M
Long-Term Debt $1.3B+43.5% $920.0M-8.0% $1.0B+5.3% $950.0M+11.8% $850.0M+6.3% $800.0M-3.6% $830.0M+3.8% $800.0M
Total Equity $4.3B+38.1% $3.1B+4.3% $3.0B-13.9% $3.5B+1.2% $3.4B-1.3% $3.5B+1.6% $3.4B+0.6% $3.4B
Retained Earnings -$394.8M+5.7% -$418.5M+18.5% -$513.4M-2197.8% -$22.3M+29.0% -$31.5M-201.5% $31.0M+340.0% $7.0M+304.2% -$3.5M

AEM Cash Flow Statement

Metric Q2'14 Q1'14 Q4'13 Q3'13 Q2'13 Q1'13 Q4'12 Q3'12
Operating Cash Flow $197.7M-20.2% $247.7M+82.2% $135.9M+67.9% $81.0M+7.5% $75.3M-48.5% $146.1M+37.9% $106.0M-46.9% $199.5M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Dividends Paid $12.9M+8.1% $12.0M-62.6% $32.0M-1.9% $32.6M+2.7% $31.8M+6.3% $29.9M+1.9% $29.3M+4.8% $28.0M
Share Buybacks $0-100.0% $7.5M $0 $0 $0-100.0% $19.0M $0 $0

AEM Financial Ratios

Metric Q2'14 Q1'14 Q4'13 Q3'13 Q2'13 Q1'13 Q4'12 Q3'12
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity 0.9%-2.6pp 3.5% N/A 1.4%+2.1pp -0.7%-1.4pp 0.7% N/A 3.1%
Return on Assets 0.6%-1.6pp 2.2% N/A 0.9%+1.3pp -0.5%-0.9pp 0.4% N/A 2.0%
Current Ratio 2.84-1.3 4.19+0.4 3.82+0.7 3.09+0.2 2.93-0.6 3.52+0.3 3.26+0.0 3.22
Debt-to-Equity 0.31+0.0 0.30-0.0 0.34+0.1 0.27+0.0 0.25+0.0 0.23-0.0 0.240.0 0.24
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Similar Companies

Frequently Asked Questions

No, Agnico Eagle Min (AEM) reported a net income of -$406.5M in fiscal year 2013.

Agnico Eagle Min (AEM) reported diluted earnings per share of $-2.35 for fiscal year 2013. This represents a -229.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Agnico Eagle Min (AEM) had EBITDA of $428.1M in fiscal year 2013, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2013, Agnico Eagle Min (AEM) had $139.1M in cash and equivalents against $1.0B in long-term debt.

Yes, Agnico Eagle Min (AEM) paid $0.66 per share in dividends during fiscal year 2013.

Agnico Eagle Min (AEM) has a return on equity of -13.7% for fiscal year 2013, measuring how efficiently the company generates profit from shareholder equity.

Agnico Eagle Min (AEM) generated $438.3M in operating cash flow during fiscal year 2013, representing cash generated from core business activities.

Agnico Eagle Min (AEM) had $5.0B in total assets as of fiscal year 2013, including both current and long-term assets.

Yes, Agnico Eagle Min (AEM) spent $19.0M on share buybacks during fiscal year 2013, returning capital to shareholders by reducing shares outstanding.

Agnico Eagle Min (AEM) had 174M shares outstanding as of fiscal year 2013.

Agnico Eagle Min (AEM) had a current ratio of 3.82 as of fiscal year 2013, which is generally considered healthy.

Agnico Eagle Min (AEM) had a debt-to-equity ratio of 0.34 as of fiscal year 2013, measuring the company's financial leverage by comparing total debt to shareholder equity.

Agnico Eagle Min (AEM) had a return on assets of -8.2% for fiscal year 2013, measuring how efficiently the company uses its assets to generate profit.

Agnico Eagle Min (AEM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Agnico Eagle Min (AEM) has an earnings quality ratio of -1.08x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Agnico Eagle Min (AEM) has an interest coverage ratio of 2.3x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Agnico Eagle Min (AEM) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

Back to top