Ivanhoe Historical Income Statement

IVN Stock  CAD 19.33  0.69  3.45%   
Historical analysis of Ivanhoe Mines income statement accounts such as Selling General Administrative of 8.4 M or Other Operating Expenses of 112.2 M can show how well Ivanhoe Mines performed in making a profits. Evaluating Ivanhoe Mines income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ivanhoe Mines's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ivanhoe Mines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ivanhoe Mines is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ivanhoe Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Ivanhoe Income Statement Analysis

Ivanhoe Mines Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ivanhoe Mines shareholders. The income statement also shows Ivanhoe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ivanhoe Mines Income Statement Chart

At this time, Ivanhoe Mines' Discontinued Operations is very stable compared to the past year. As of the 11th of December 2024, Net Income From Continuing Ops is likely to grow to about 318.1 M, while Interest Expense is likely to drop about 6.9 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ivanhoe Mines. It is also known as Ivanhoe Mines overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on Ivanhoe Mines income statement and represents the costs associated with goods and services Ivanhoe Mines provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Ivanhoe Mines' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ivanhoe Mines current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ivanhoe Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Ivanhoe Mines' Discontinued Operations is very stable compared to the past year. As of the 11th of December 2024, Net Income From Continuing Ops is likely to grow to about 318.1 M, while Interest Expense is likely to drop about 6.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense32.9M17.3M8.1M6.9M
Depreciation And Amortization9.6M5.9M2.3M4.4M

Ivanhoe Mines income statement Correlations

0.330.470.10.09-0.19-0.170.170.10.160.16-0.44-0.010.01-0.060.380.16-0.37-0.470.030.060.80.08
0.330.070.160.28-0.02-0.010.02-0.01-0.20.04-0.49-0.140.140.140.00.52-0.15-0.640.10.160.50.0
0.470.070.56-0.35-0.47-0.460.6-0.41-0.12-0.38-0.29-0.450.43-0.82-0.15-0.270.12-0.21-0.3-0.290.320.39
0.10.160.56-0.47-0.6-0.60.01-0.5-0.23-0.43-0.17-0.770.78-0.66-0.310.070.340.030.090.1-0.01-0.13
0.090.28-0.35-0.470.520.53-0.390.740.090.71-0.050.72-0.70.410.660.64-0.68-0.50.570.590.01-0.38
-0.19-0.02-0.47-0.60.521.0-0.130.41-0.010.290.290.45-0.460.440.250.01-0.330.12-0.12-0.12-0.10.09
-0.17-0.01-0.46-0.60.531.0-0.120.410.00.30.280.45-0.460.440.260.01-0.340.11-0.13-0.12-0.080.1
0.170.020.60.01-0.39-0.13-0.12-0.43-0.12-0.44-0.33-0.410.35-0.39-0.41-0.60.34-0.19-0.77-0.770.420.86
0.1-0.01-0.41-0.50.740.410.41-0.430.720.980.140.66-0.650.40.890.32-0.42-0.220.440.44-0.13-0.34
0.16-0.2-0.12-0.230.09-0.010.0-0.120.720.750.070.21-0.220.120.68-0.160.040.00.050.03-0.09-0.01
0.160.04-0.38-0.430.710.290.3-0.440.980.75-0.010.61-0.590.410.920.38-0.42-0.320.490.49-0.09-0.36
-0.44-0.49-0.29-0.17-0.050.290.28-0.330.140.07-0.010.21-0.19-0.11-0.08-0.320.150.84-0.03-0.06-0.47-0.24
-0.01-0.14-0.45-0.770.720.450.45-0.410.660.210.610.21-1.00.510.570.3-0.63-0.140.40.4-0.11-0.25
0.010.140.430.78-0.7-0.46-0.460.35-0.65-0.22-0.59-0.19-1.0-0.5-0.56-0.260.620.15-0.34-0.340.080.16
-0.060.14-0.82-0.660.410.440.44-0.390.40.120.41-0.110.51-0.50.320.35-0.46-0.150.270.280.03-0.17
0.380.0-0.15-0.310.660.250.26-0.410.890.680.92-0.080.57-0.560.320.38-0.59-0.340.50.51-0.04-0.34
0.160.52-0.270.070.640.010.01-0.60.32-0.160.38-0.320.3-0.260.350.38-0.61-0.530.760.820.05-0.66
-0.37-0.150.120.34-0.68-0.33-0.340.34-0.420.04-0.420.15-0.630.62-0.46-0.59-0.610.39-0.56-0.58-0.130.29
-0.47-0.64-0.210.03-0.50.120.11-0.19-0.220.0-0.320.84-0.140.15-0.15-0.34-0.530.39-0.27-0.31-0.48-0.07
0.030.1-0.30.090.57-0.12-0.13-0.770.440.050.49-0.030.4-0.340.270.50.76-0.56-0.270.99-0.24-0.84
0.060.16-0.290.10.59-0.12-0.12-0.770.440.030.49-0.060.4-0.340.280.510.82-0.58-0.310.99-0.22-0.84
0.80.50.32-0.010.01-0.1-0.080.42-0.13-0.09-0.09-0.47-0.110.080.03-0.040.05-0.13-0.48-0.24-0.220.39
0.080.00.39-0.13-0.380.090.10.86-0.34-0.01-0.36-0.24-0.250.16-0.17-0.34-0.660.29-0.07-0.84-0.840.39
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Ivanhoe Mines Account Relationship Matchups

Ivanhoe Mines income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0M8.4M9.6M5.9M2.3M4.4M
Interest Expense281K1.7M32.9M17.3M8.1M6.9M
Selling General Administrative41.6M49.0M58.5M52.4M8.8M8.4M
Other Operating Expenses53.4M94.4M110.7M95.4M179.1M112.2M
Operating Income(38.4M)(121.8M)97.2M316.2M179.1M188.0M
Ebit(52.2M)(94.9M)(111.6M)(91.3M)(92.7M)(97.4M)
Ebitda(51.1M)(86.6M)(102.0M)(85.5M)(90.4M)(95.0M)
Total Operating Expenses41.7M49.7M58.5M95.4M(179.1M)(170.1M)
Income Before Tax11.8M(38.1M)(29.6M)320.7M295.3M310.1M
Total Other Income Expense Net75.0M83.7M(24.7M)159.4M116.2M87.0M
Net Income11.4M(38.6M)55.2M410.9M318.9M334.9M
Income Tax Expense375K500K(74.9M)(113.4M)7.7M8.0M
Gross Profit(11.6M)(44.7M)(52.2M)(33.9M)(22.7M)(23.8M)
Cost Of Revenue11.6M44.7M52.2M33.9M22.7M44.9M
Net Income From Continuing Ops11.4M(38.6M)45.3M434.1M302.9M318.1M
Net Income Applicable To Common Shares19.2M(19.9M)55.2M410.9M472.5M496.1M
Minority Interest(85.0M)(104.2M)9.9M(23.2M)16.0M16.8M
Tax Provision375K500K(74.9M)(113.4M)(7.7M)(8.0M)
Interest Income46.5M80.7M26.7M153.5M239.5M251.5M
Net Interest Income72.1M79.1M69.4M137.2M208.1M218.5M
Reconciled Depreciation1.0M8.4M9.6M5.9M2.6M2.4M

Pair Trading with Ivanhoe Mines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ivanhoe Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ivanhoe Mines will appreciate offsetting losses from the drop in the long position's value.

Moving against Ivanhoe Stock

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The ability to find closely correlated positions to Ivanhoe Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ivanhoe Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ivanhoe Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ivanhoe Mines to buy it.
The correlation of Ivanhoe Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ivanhoe Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ivanhoe Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ivanhoe Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Ivanhoe Stock

Ivanhoe Mines Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ivanhoe Mines shareholders. The income statement also shows Ivanhoe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).