Ivanhoe Electric (Ivanhoe Electric) Debt-to-Equity : 0.25 (As of Mar. 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 Mar. 2024 was $14.44 Mil. Ivanhoe Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $66.81 Mil. Ivanhoe Electric's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $331.50 Mil. Ivanhoe Electric's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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:

IE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 11.2
Current: 0.25

During the past 5 years, the highest Debt-to-Equity Ratio of Ivanhoe Electric was 11.20. The lowest was 0.09. And the median was 0.21.

IE's Debt-to-Equity is ranked worse than
61.65% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs IE: 0.25

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.

* Premium members only.

Ivanhoe Electric Debt-to-Equity Chart

Ivanhoe Electric Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.15

3.61

0.13

0.21

Ivanhoe Electric Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.16	0.69	0.29	0.21	0.25

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.

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. 2023 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
	=	(13.371	+	65.815)	/	374.251
	=	0.21

Ivanhoe Electric's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(14.44	+	66.809)	/	331.498
	=	0.25

Ivanhoe Electric (AMEX: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

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

Ivanhoe Electric (Ivanhoe Electric) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

IE:Canada

Address

606?–?999 Canada Place, Vancouver, BC, CAN, V6C 3E1

Website

https://www.ivanhoeelectric.com

Ivanhoe Electric Inc is a United States-based minerals exploration and development company with a focus on developing mines from mineral deposits located in the United States. The company has three reportable segments; Critical metals segment is focused on mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas and water exploration industries, and The energy storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. It derives a majority of its revenue from Canada.

Executives

Taylor Melvin	director, officer: President and CEO	C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Stephani Terhorst	officer: Vice President Human Resources	1605 CROWN POINT ROAD, MCKINNEY TX 75072
Sofia Bianchi	director	P.O. BOX 68861, RIYADH T0 11537
Catherine Anne Barone	officer: Chief Financial Officer	63 CLIFFWOOD DR, PORT MOODY A1 V3H 5J8
Ronald J Vance	director	C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Gibson Mark Andrew Stuart	officer: Chief Operating Officer	1101, 172 VICTORY SHIP WAY, NORTH VANCOUVER A1 V7L 0B5
Boyd Graham Richard Thomas	officer: Vice President, US Projects	1254 E 15TH AVE, VANCOUVER A1 V5T 2S8
Young Evan James Macmillan	officer: VP, Corporate Development	123 LANGLEY AVENUE, TORONTO A6 M4K 1B6
Patrick Loftus-hills	director	606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Cassandra Pulskamp Joseph	officer: VP, Gen Counsel and Corp Sec	C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Quentin Markin	officer: See Remarks	C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Robert M Friedland	director, officer: Chief Executive Officer	150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Jordan Neeser	officer: Chief Financial Officer	C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
I-pulse Inc.	10 percent owner	150 BEACH ROAD #25-003, THE GATEWAY WEST, SINGAPORE U0 189720
Glen Nickolas Kuntz	officer: Chief Tech & Innovation Off.	4300 LOCH LOMOND ROAD, THUNDER BAY A6 P7J 1N9