Ivanhoe Mines Balance Sheet Health
Financial Health criteria checks 2/6
Ivanhoe Mines has a total shareholder equity of $3.5B and total debt of $1.1B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are $5.1B and $1.6B respectively.
Key information
31.2%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | n/a |
Cash | US$411.13m |
Equity | US$3.51b |
Total liabilities | US$1.56b |
Total assets | US$5.08b |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Ivanhoe Mines (TSE:IVN) Use Debt?
Sep 13Non-Independent Director Guy de Selliers de Moranville Just Bought 6.1% More Shares In Ivanhoe Mines Ltd. (TSE:IVN)
Mar 18What Is The Ownership Structure Like For Ivanhoe Mines Ltd. (TSE:IVN)?
Jan 27Are Insiders Buying Ivanhoe Mines Ltd. (TSE:IVN) Stock?
Dec 05Financial Position Analysis
Short Term Liabilities: IVN's short term assets ($479.1M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: IVN's short term assets ($479.1M) exceed its long term liabilities ($423.1M).
Debt to Equity History and Analysis
Debt Level: IVN's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: IVN's debt to equity ratio has increased from 1.9% to 31.2% over the past 5 years.
Debt Coverage: IVN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IVN's interest payments on its debt are well covered by EBIT.