Ivanhoe Mines Balance Sheet Health
Financial Health criteria checks 2/6
Ivanhoe Mines has a total shareholder equity of $4.6B and total debt of $183.2M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are $5.3B and $736.2M respectively.
Key information
4.0%
Debt to equity ratio
US$183.24m
Debt
| Interest coverage ratio | n/a |
| Cash | US$246.37m |
| Equity | US$4.58b |
| Total liabilities | US$736.20m |
| Total assets | US$5.32b |
Recent financial health updates
Recent updates
Health Check: How Prudently Does Ivanhoe Mines (TSE:IVN) Use Debt?
Sep 13
Non-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 27
Are Insiders Buying Ivanhoe Mines Ltd. (TSE:IVN) Stock?
Dec 05Financial Position Analysis
Short Term Liabilities: IVN's short term assets ($334.5M) exceed its short term liabilities ($284.8M).
Long Term Liabilities: IVN's short term assets ($334.5M) do not cover its long term liabilities ($451.4M).
Debt to Equity History and Analysis
Debt Level: IVN has more cash than its total debt.
Reducing Debt: IVN's debt to equity ratio has increased from 1.9% to 4% 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.