Ivanhoe Mines (STU:IYAA) Debt-to-Equity : 0.03 (As of Sep. 2024)

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What is Ivanhoe Mines Debt-to-Equity?

Ivanhoe Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €50.11 Mil. Ivanhoe Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €59.68 Mil. Ivanhoe Mines's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €4,434.09 Mil. Ivanhoe Mines's debt to equity for the quarter that ended in Sep. 2024 was 0.02.

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 Mines's Debt-to-Equity or its related term are showing as below:

STU:IYAA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.3
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Ivanhoe Mines was 0.30. The lowest was 0.02. And the median was 0.03.

STU:IYAA's Debt-to-Equity is ranked better than
76.34% of 1272 companies
in the Metals & Mining industry
Industry Median: 0.13 vs STU:IYAA: 0.03

Ivanhoe Mines Debt-to-Equity Historical Data

The historical data trend for Ivanhoe Mines'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 Mines Debt-to-Equity Chart

Ivanhoe Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.20

0.18

Ivanhoe Mines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.18	0.30	0.05	0.03

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

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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 Mines's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Ivanhoe Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ivanhoe Mines'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
	=	(80.127	+	513.559)	/	3391.504
	=	0.18

Ivanhoe Mines's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(50.105	+	59.675)	/	4434.09
	=	0.02

Ivanhoe Mines (STU:IYAA) 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 Mines Debt-to-Equity Related Terms

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Ivanhoe Mines Business Description

Industry

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IVPAF:USA IVN:Canada

Address

999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1

Website

https://www.ivanhoemines.com

Ivanhoe Mines Ltd is a diversified mining company focused on advancing its four principal projects in Southern Africa namely the Kamoa-Kakula Copper Complex, a large, high-grade, stratiform copper deposit, Platreef Project, where the Company discovered thick and high-grade palladium, nickel, platinum, rhodium, copper and gold deposit, The Kipushi Project, a past-producing, high-grade underground zinc-copper-germanium-silverlead mine, The Western Foreland Exploration Project, a group of exploration licences. The Company has four reportable segments, including the Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.

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