Ivanhoe Mines Balance Sheet Health
Financial Health criteria checks 2/6
Ivanhoe Mines has a total shareholder equity of $3.6B and total debt of $636.0M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are $5.0B and $1.4B respectively.
Key information
17.8%
Debt to equity ratio
US$635.98m
Debt
Interest coverage ratio | n/a |
Cash | US$574.29m |
Equity | US$3.58b |
Total liabilities | US$1.42b |
Total assets | US$5.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IYAA's short term assets ($648.8M) exceed its short term liabilities ($197.8M).
Long Term Liabilities: IYAA's short term assets ($648.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: IYAA's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: IYAA's debt to equity ratio has increased from 1.9% to 17.8% over the past 5 years.
Debt Coverage: IYAA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if IYAA's interest payments on its debt are well covered by EBIT.