Ivanhoe Historical Income Statement
| IVN Stock | CAD 18.70 0.39 2.04% |
Historical analysis of Ivanhoe Mines income statement accounts such as Selling General Administrative of 8.4 M or Other Operating Expenses of 77 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.
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.
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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
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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 Revenue
Total revenue comprises all receipts Ivanhoe Mines generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.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 26th of November 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 Expense | 32.9M | 17.3M | 8.1M | 6.9M | Depreciation And Amortization | 9.6M | 5.9M | 2.3M | 4.4M |
Ivanhoe Mines income statement Correlations
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Ivanhoe Mines Account Relationship Matchups
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High Negative Relationship
Ivanhoe Mines income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.0M | 8.4M | 9.6M | 5.9M | 2.3M | 4.4M | |
| Interest Expense | 281K | 1.7M | 32.9M | 17.3M | 8.1M | 6.9M | |
| Selling General Administrative | 41.6M | 49.0M | 58.5M | 52.4M | 8.8M | 8.4M | |
| Other Operating Expenses | 53.4M | 94.4M | 110.7M | 95.4M | 87.2M | 77.0M | |
| Operating Income | (38.4M) | (121.8M) | 97.2M | 316.2M | (92.7M) | (97.4M) | |
| Ebit | (1.6M) | (36.2M) | 97.2M | 316.2M | (92.7M) | (88.1M) | |
| Ebitda | (522K) | (27.9M) | 106.8M | 322.1M | (90.4M) | (85.9M) | |
| Total Operating Expenses | 41.7M | 49.7M | 58.5M | 95.4M | 87.2M | 59.6M | |
| Income Before Tax | 11.8M | (38.1M) | (29.6M) | 320.7M | 295.3M | 310.1M | |
| Total Other Income Expense Net | 50.2M | 83.7M | (126.8M) | 4.5M | 388.0M | 407.4M | |
| Net Income | 11.4M | (38.6M) | 55.2M | 410.9M | 318.9M | 334.9M | |
| Income Tax Expense | 375K | 500K | (74.9M) | (113.4M) | 7.7M | 8.0M | |
| Gross Profit | (11.6M) | (44.7M) | (52.2M) | (33.9M) | (22.7M) | (23.8M) | |
| Cost Of Revenue | 11.6M | 44.7M | 52.2M | 33.9M | 22.7M | 44.9M | |
| Net Income From Continuing Ops | 11.4M | (38.6M) | 45.3M | 434.1M | 302.9M | 318.1M | |
| Net Income Applicable To Common Shares | 19.2M | (19.9M) | 55.2M | 410.9M | 472.5M | 496.1M | |
| Minority Interest | (85.0M) | (104.2M) | 9.9M | (23.2M) | 16.0M | 16.8M | |
| Tax Provision | 375K | 500K | (74.9M) | (113.4M) | (7.7M) | (8.0M) | |
| Interest Income | 46.5M | 80.7M | 26.7M | 153.5M | 239.5M | 251.5M | |
| Net Interest Income | 72.1M | 79.1M | 69.4M | 137.2M | 208.1M | 218.5M | |
| Reconciled Depreciation | 1.0M | 8.4M | 9.6M | 5.9M | 2.6M | 2.4M |
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.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.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).