Agnico Eagle Mines Quick Ratio 2010-2024 | AEM
- Agnico Eagle Mines average quick ratio for 2023 was 0.84, a 32.8% decline from 2022.
- Agnico Eagle Mines average quick ratio for 2022 was 1.25, a 78.57% decline from 2021.
- Agnico Eagle Mines average quick ratio for 2021 was 0.7, a 53.95% increase from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.