Ivanhoe Electric (TSX:IE) Debt-to-Equity : 0.26 (As of Dec. 2024)

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What is Ivanhoe Electric Debt-to-Equity?

Ivanhoe Electric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$18.80 Mil. Ivanhoe Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$80.73 Mil. Ivanhoe Electric's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$382.73 Mil. Ivanhoe Electric's debt to equity for the quarter that ended in Dec. 2024 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ivanhoe Electric's Debt-to-Equity or its related term are showing as below:

TSX:IE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.21 Max: 3.61
Current: 0.26

During the past 6 years, the highest Debt-to-Equity Ratio of Ivanhoe Electric was 3.61. The lowest was 0.13. And the median was 0.21.

TSX:IE's Debt-to-Equity is ranked worse than
61.42% of 1239 companies
in the Metals & Mining industry
Industry Median: 0.14 vs TSX:IE: 0.26

Ivanhoe Electric Debt-to-Equity Historical Data

The historical data trend for Ivanhoe Electric's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ivanhoe Electric Debt-to-Equity Chart

Ivanhoe Electric Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.15

3.61

0.13

0.21

0.26

Ivanhoe Electric Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial												0.21	0.25	0.29	0.34	0.26

Competitive Comparison of Ivanhoe Electric's Debt-to-Equity

For the Copper subindustry, Ivanhoe Electric's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ivanhoe Electric's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ivanhoe Electric's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ivanhoe Electric's Debt-to-Equity falls into.

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Ivanhoe Electric Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ivanhoe Electric's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(18.796	+	80.732)	/	382.733
	=	0.26

Ivanhoe Electric's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(18.796	+	80.732)	/	382.733
	=	0.26

Ivanhoe Electric (TSX:IE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ivanhoe Electric Debt-to-Equity Related Terms

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Ivanhoe Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Electric Inc (TSX:IE) » Definitions » Debt-to-Equity

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IE:USA

Address

450 E Rio Salado Parkway, Suite 130, Tempe, AZ, USA, 85281

Website

https://www.ivanhoeelectric.com

Ivanhoe Electric Inc is a United States-based d minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. The company has four business segments; Santa Cruz Project; critical metals; data processing services; and energy storage. It derives a majority of its revenue from Canada. The Santa Cruz Project and critical metals segments are focused on mineral project exploration and development. The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries. The energy storage segment develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage.