Ivanhoe Operating Income vs Gross Profit Analysis

IVN Stock

CAD 19.33 0.69 3.45%

Ivanhoe Mines financial indicator trend analysis is infinitely more than just investigating Ivanhoe Mines recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ivanhoe Mines is a good investment. Please check the relationship between Ivanhoe Mines Operating Income and its Gross Profit accounts. 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ivanhoe Mines Operating Income account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ivanhoe Mines' Operating Income and Gross Profit is 0.72. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Ivanhoe Mines, assuming nothing else is changed. The correlation between historical values of Ivanhoe Mines' Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ivanhoe Mines are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Ivanhoe Mines' Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Ivanhoe Mines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ivanhoe Mines is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ivanhoe Mines minus its cost of goods sold. It is profit before Ivanhoe Mines operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Ivanhoe Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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, Enterprise Value is likely to grow to about 12.6 B, while Selling General Administrative is likely to drop about 8.4 M.

	2021	2022	2023	2024 (projected)
Interest Expense	32.9M	17.3M	8.1M	6.9M
Depreciation And Amortization	9.6M	5.9M	2.3M	4.4M

Interest Expense Depreciation And Amortization

Ivanhoe Mines fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Good Will
Total Assets		0.45	0.77	0.98	0.98	0.38	0.91	0.86	0.63	1.0	0.93	0.64	0.14	0.91	-0.43	0.9	0.71	-0.1	0.9	0.98	0.67	0.55	0.93	0.74	0.87	-0.74
Other Current Liab	0.45		0.83	0.33	0.52	0.45	0.51	0.49	0.1	0.47	0.59	0.11	-0.19	0.2	0.29	0.58	0.57	-0.19	0.62	0.52	0.09	0.48	0.22	0.04	0.46	-0.22
Total Current Liabilities	0.77	0.83		0.67	0.81	0.59	0.76	0.83	0.24	0.79	0.9	0.25	-0.14	0.53	0.03	0.83	0.86	-0.09	0.86	0.82	0.25	0.76	0.57	0.27	0.72	-0.65
Total Stockholder Equity	0.98	0.33	0.67		0.96	0.24	0.88	0.78	0.67	0.97	0.89	0.68	0.19	0.96	-0.54	0.8	0.62	-0.14	0.8	0.95	0.71	0.46	0.97	0.82	0.78	-0.76
Property Plant And Equipment Net	0.98	0.52	0.81	0.96		0.36	0.91	0.86	0.58	0.98	0.94	0.59	-0.02	0.88	-0.36	0.86	0.71	-0.06	0.87	1.0	0.59	0.62	0.89	0.68	0.81	-0.74
Net Debt	0.38	0.45	0.59	0.24	0.36		0.39	0.52	-0.33	0.44	0.46	-0.32	0.05	0.11	0.06	0.65	0.64	-0.07	0.65	0.38	-0.26	0.4	0.14	-0.01	0.6	-0.26
Retained Earnings	0.91	0.51	0.76	0.88	0.91	0.39		0.81	0.51	0.92	0.86	0.52	0.12	0.72	-0.48	0.83	0.58	-0.01	0.83	0.91	0.55	0.55	0.74	0.55	0.75	-0.57
Accounts Payable	0.86	0.49	0.83	0.78	0.86	0.52	0.81		0.44	0.87	0.85	0.45	-0.1	0.68	-0.13	0.9	0.81	0.09	0.9	0.87	0.45	0.69	0.7	0.48	0.81	-0.75
Cash	0.63	0.1	0.24	0.67	0.58	-0.33	0.51	0.44		0.57	0.46	1.0	0.08	0.71	-0.33	0.46	0.16	-0.03	0.45	0.58	0.98	0.14	0.7	0.73	0.51	-0.36
Non Current Assets Total	1.0	0.47	0.79	0.97	0.98	0.44	0.92	0.87	0.57		0.94	0.58	0.12	0.89	-0.42	0.91	0.73	-0.1	0.91	0.98	0.61	0.56	0.91	0.72	0.87	-0.74
Non Currrent Assets Other	0.93	0.59	0.9	0.89	0.94	0.46	0.86	0.85	0.46	0.94		0.47	-0.03	0.79	-0.29	0.87	0.86	-0.12	0.89	0.94	0.48	0.71	0.82	0.53	0.78	-0.79
Cash And Short Term Investments	0.64	0.11	0.25	0.68	0.59	-0.32	0.52	0.45	1.0	0.58	0.47		0.07	0.71	-0.34	0.47	0.16	-0.03	0.45	0.59	0.98	0.15	0.7	0.74	0.52	-0.36
Net Receivables	0.14	-0.19	-0.14	0.19	-0.02	0.05	0.12	-0.1	0.08	0.12	-0.03	0.07		0.21	-0.49	0.06	-0.12	-0.1	0.04	-0.01	0.26	-0.2	0.2	0.35	0.14	-0.15
Common Stock Total Equity	0.91	0.2	0.53	0.96	0.88	0.11	0.72	0.68	0.71	0.89	0.79	0.71	0.21		-0.51	0.69	0.55	-0.18	0.68	0.88	0.74	0.35	1.0	0.89	0.71	-0.78
Short Term Investments	-0.43	0.29	0.03	-0.54	-0.36	0.06	-0.48	-0.13	-0.33	-0.42	-0.29	-0.34	-0.49	-0.51		-0.18	-0.02	0.32	-0.16	-0.35	-0.41	0.18	-0.5	-0.53	-0.25	0.23
Non Current Liabilities Total	0.9	0.58	0.83	0.8	0.86	0.65	0.83	0.9	0.46	0.91	0.87	0.47	0.06	0.69	-0.18		0.79	-0.04	1.0	0.87	0.5	0.6	0.72	0.51	0.96	-0.62
Other Current Assets	0.71	0.57	0.86	0.62	0.71	0.64	0.58	0.81	0.16	0.73	0.86	0.16	-0.12	0.55	-0.02	0.79		-0.11	0.81	0.72	0.18	0.7	0.58	0.3	0.66	-0.75
Other Stockholder Equity	-0.1	-0.19	-0.09	-0.14	-0.06	-0.07	-0.01	0.09	-0.03	-0.1	-0.12	-0.03	-0.1	-0.18	0.32	-0.04	-0.11		-0.04	-0.06	-0.04	0.51	-0.17	-0.24	-0.08	-0.03
Total Liab	0.9	0.62	0.86	0.8	0.87	0.65	0.83	0.9	0.45	0.91	0.89	0.45	0.04	0.68	-0.16	1.0	0.81	-0.04		0.88	0.48	0.63	0.71	0.49	0.95	-0.63
Property Plant And Equipment Gross	0.98	0.52	0.82	0.95	1.0	0.38	0.91	0.87	0.58	0.98	0.94	0.59	-0.01	0.88	-0.35	0.87	0.72	-0.06	0.88		0.59	0.62	0.89	0.68	0.82	-0.74
Total Current Assets	0.67	0.09	0.25	0.71	0.59	-0.26	0.55	0.45	0.98	0.61	0.48	0.98	0.26	0.74	-0.41	0.5	0.18	-0.04	0.48	0.59		0.13	0.73	0.79	0.55	-0.41
Short Term Debt	0.55	0.48	0.76	0.46	0.62	0.4	0.55	0.69	0.14	0.56	0.71	0.15	-0.2	0.35	0.18	0.6	0.7	0.51	0.63	0.62	0.13		0.38	0.05	0.49	-0.66
Common Stock	0.93	0.22	0.57	0.97	0.89	0.14	0.74	0.7	0.7	0.91	0.82	0.7	0.2	1.0	-0.5	0.72	0.58	-0.17	0.71	0.89	0.73	0.38		0.88	0.72	-0.79
Common Stock Shares Outstanding	0.74	0.04	0.27	0.82	0.68	-0.01	0.55	0.48	0.73	0.72	0.53	0.74	0.35	0.89	-0.53	0.51	0.3	-0.24	0.49	0.68	0.79	0.05	0.88		0.57	-0.57
Short Long Term Debt Total	0.87	0.46	0.72	0.78	0.81	0.6	0.75	0.81	0.51	0.87	0.78	0.52	0.14	0.71	-0.25	0.96	0.66	-0.08	0.95	0.82	0.55	0.49	0.72	0.57		-0.57
Good Will	-0.74	-0.22	-0.65	-0.76	-0.74	-0.26	-0.57	-0.75	-0.36	-0.74	-0.79	-0.36	-0.15	-0.78	0.23	-0.62	-0.75	-0.03	-0.63	-0.74	-0.41	-0.66	-0.79	-0.57	-0.57

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Ivanhoe Mines Account Relationship Matchups

Ivanhoe Mines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.4B	3.2B	4.0B	5.0B	5.3B
Other Current Liab	17.3M	11.9M	5.4M	21.6M	57.0M	59.8M
Total Current Liabilities	32.2M	23.0M	32.0M	67.2M	197.8M	207.7M
Total Stockholder Equity	2.4B	2.4B	2.5B	2.9B	3.7B	3.9B
Property Plant And Equipment Net	700.6M	725.1M	742.3M	902.8M	1.4B	1.5B
Net Debt	(650.4M)	(211.9M)	(117.5M)	(63.3M)	87.1M	91.5M
Retained Earnings	63.6M	43.7M	98.9M	509.8M	819.2M	860.2M
Accounts Payable	8.1M	7.5M	22.8M	38.4M	47.6M	50.0M
Cash	702.8M	262.8M	608.2M	583.9M	560.3M	335.1M
Non Current Assets Total	1.7B	2.1B	2.5B	3.3B	4.4B	4.6B
Non Currrent Assets Other	113.6M	69.0M	72.4M	138.7M	325.8M	342.1M
Cash And Short Term Investments	704.0M	263.1M	608.2M	583.9M	574.3M	337.3M
Net Receivables	8.3M	62.9M	72.6M	35.7M	23.0M	29.0M
Common Stock Total Equity	1.1B	1.8B	2.3B	2.3B	2.6B	2.8B
Short Term Investments	1.1M	300K	0.0	14M	12.6M	15.4M
Liabilities And Stockholders Equity	2.4B	2.4B	3.2B	4.0B	5.0B	5.3B
Non Current Liabilities Total	49.7M	57.6M	809.3M	1.1B	1.2B	1.3B
Other Current Assets	3.3M	3.9M	4.9M	64.2M	123.0M	129.2M
Other Stockholder Equity	0.0	131.8M	141.1M	141.5M	147.9M	118.0M
Total Liab	81.9M	80.6M	841.2M	1.1B	1.4B	1.5B
Property Plant And Equipment Gross	700.6M	725.1M	781.4M	954.0M	1.5B	1.6B
Total Current Assets	716.6M	331.0M	686.7M	662.7M	648.8M	378.7M
Accumulated Other Comprehensive Income	(30.9M)	(37.1M)	(62.5M)	(63.8M)	(58.8M)	(55.8M)
Short Term Debt	5.1M	350K	3.8M	3.6M	87.4M	91.7M
Common Stock	2.3B	2.3B	2.3B	2.3B	2.8B	2.9B
Common Stock Shares Outstanding	1.1B	1.2B	1.2B	1.2B	1.2B	830.1M
Short Long Term Debt Total	52.4M	50.9M	734.8M	520.6M	647.4M	679.8M
Inventory	1.1M	1.0M	995K	1.0M	1.5M	1.4M
Other Liab	2.4M	7.0M	322.4M	543.9M	625.5M	656.8M
Net Tangible Assets	2.4B	2.4B	2.5B	2.9B	3.4B	1.8B
Other Assets	114.3M	69.4M	145.6M	212.7M	244.6M	256.9M
Long Term Debt	32.3M	39.0M	719.8M	506.2M	549.3M	576.7M
Property Plant Equipment	700.6M	725.1M	742.3M	902.8M	1.0B	1.1B
Long Term Investments	913.3M	1.3B	1.6B	2.1B	2.6B	2.7B
Long Term Debt Total	47.3M	50.5M	731.1M	517.0M	594.5M	624.3M
Net Invested Capital	2.5B	2.5B	3.2B	3.4B	4.3B	3.0B
Net Working Capital	684.4M	308.0M	654.8M	595.4M	451.1M	539.4M

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

0.4

INFM

Infinico Metals Corp

Pair Corr

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 Correlation Correlation Matching

Other Information on Investing in Ivanhoe Stock

Balance Sheet is a snapshot of the financial position of Ivanhoe Mines at a specified time, usually calculated after every quarter, six months, or one year. Ivanhoe Mines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ivanhoe Mines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ivanhoe currently owns. An asset can also be divided into two categories, current and non-current.

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Ivanhoe Operating Income vs Gross Profit Analysis

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

Ivanhoe Mines fundamental ratios Correlations

Ivanhoe Mines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ivanhoe Mines fundamental ratios Accounts

Pair Trading with Ivanhoe Mines

Moving against Ivanhoe Stock

Other Information on Investing in Ivanhoe Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets

Good Will	- 0.79	Common Stock
Good Will	- 0.79	Non Currrent Assets Other
Good Will	- 0.78	Common Stock Total Equity
Good Will	- 0.76	Total Stockholder Equity
Good Will	- 0.75	Other Current Assets
Good Will	- 0.75	Accounts Payable