Quick Ratio

The quick ratio measures a company’s ability to pay immediate liabilities using its most liquid assets (cash, marketable securities, receivables) — a value of 2.03x means Agnico Eagle has $2.03 in liquid assets for every $1 of short-term debt, indicating ample short-term coverage.

This ratio matches the Basic Materials sector median of exactly 2.03x, and the 47th percentile rank shows it sits slightly below the middle of peers, meaning liquidity is nearly average relative to the industry. No year-over-year or quarter-over-quarter changes are available, so no trend direction can be assessed from the single data point of 2.03x. With a level right at the sector median and no observable trend, the combination implies neither elevated risk nor a clear opportunity — liquidity is typical and stable in the absence of movement. This finding directly supports the overall NEUTRAL verdict, as the quick ratio provides no reason to tilt bullish or bearish.

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