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Ivanhoe Electric (Ivanhoe Electric) Net Cash per Share : $0.16 (As of Mar. 2024)


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What is Ivanhoe Electric Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Ivanhoe Electric's Net Cash per Share for the quarter that ended in Mar. 2024 was $0.16.

The historical rank and industry rank for Ivanhoe Electric's Net Cash per Share or its related term are showing as below:

IE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4.86   Med: 13.21   Max: 77.38
Current: 77.38

During the past 5 years, the highest Price-to-Net-Cash Ratio of Ivanhoe Electric was 77.38. The lowest was 4.86. And the median was 13.21.

IE's Price-to-Net-Cash is ranked worse than
97.84% of 832 companies
in the Metals & Mining industry
Industry Median: 5.405 vs IE: 77.38

Ivanhoe Electric Net Cash per Share Historical Data

The historical data trend for Ivanhoe Electric's Net Cash per Share 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 Net Cash per Share Chart

Ivanhoe Electric Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
- -0.22 -0.88 0.92 0.77

Ivanhoe Electric Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 0.59 -0.91 0.77 0.77 0.16

Competitive Comparison of Ivanhoe Electric's Net Cash per Share

For the Copper subindustry, Ivanhoe Electric's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ivanhoe Electric's Price-to-Net-Cash falls into.



Ivanhoe Electric Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Ivanhoe Electric's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(205.043-110.945-2.03)/120.025
=0.77

Ivanhoe Electric's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(149.161-111.424-18.234)/120.306
=0.16

* 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 Electric  (AMEX:IE) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Ivanhoe Electric Net Cash per Share Related Terms

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Ivanhoe Electric (Ivanhoe Electric) Business Description

Traded in Other Exchanges
Address
606?–?999 Canada Place, Vancouver, BC, CAN, V6C 3E1
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

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