• Agnico Eagle Mines average debt/equity ratio for 2023 was 0.11, a 37.5% decline from 2022.
• Agnico Eagle Mines average debt/equity ratio for 2022 was 0.08, a 69.23% increase from 2021.
• Agnico Eagle Mines average debt/equity ratio for 2021 was 0.26, a 27.78% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.