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Ivanhoe Mines (TSX:IVN) Equity-to-Asset : 0.72 (As of Mar. 2024)


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What is Ivanhoe Mines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ivanhoe Mines's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$4,918.52 Mil. Ivanhoe Mines's Total Assets for the quarter that ended in Mar. 2024 was C$6,871.05 Mil.

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

TSX:IVN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 1.01   Max: 1.28
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Ivanhoe Mines was 1.28. The lowest was 0.74. And the median was 1.01.

TSX:IVN's Equity-to-Asset is ranked worse than
55.97% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSX:IVN: 0.74

Ivanhoe Mines Equity-to-Asset Historical Data

The historical data trend for Ivanhoe Mines's Equity-to-Asset 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.

* Premium members only.

Ivanhoe Mines Equity-to-Asset Chart

Ivanhoe Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.01 0.78 0.74 0.74

Ivanhoe Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.73 0.73 0.74 0.72

Competitive Comparison of Ivanhoe Mines's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Mines's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Ivanhoe Mines Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ivanhoe Mines's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4961.878/6708.35
=

Ivanhoe Mines's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=4918.519/6871.052
=

* 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.


Ivanhoe Mines  (TSX:IVN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ivanhoe Mines Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ivanhoe Mines's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ivanhoe Mines (TSX:IVN) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.

Ivanhoe Mines (TSX:IVN) Headlines

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