Ivanhoe Payables Turnover vs Operating Cash Flow Per Share Analysis
IVN Stock | CAD 18.70 0.39 2.04% |
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 Payables Turnover and its Operating Cash Flow Per Share 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.
Payables Turnover vs Operating Cash Flow Per Share
Payables Turnover vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ivanhoe Mines Payables Turnover account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ivanhoe Mines' Payables Turnover and Operating Cash Flow Per Share is -0.55. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Operating Cash Flow Per Share 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' Payables Turnover and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Ivanhoe Mines are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Payables Turnover i.e., Ivanhoe Mines' Payables Turnover and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.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 26th of November 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 |
Ivanhoe Mines fundamental ratios Correlations
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Ivanhoe Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 4.0M | 5.5M | 5.4M | 6.3M | 1.5M | 1.4M | |
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 | 21.3M | 17.2M | 22.8M | 57.4M | 96.9M | 101.8M | |
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 | 4.2M | 4.0M | |
Cash And Short Term Investments | 704.0M | 263.1M | 608.2M | 583.9M | 560.3M | 336.4M | |
Net Receivables | 8.3M | 62.9M | 72.6M | 35.7M | 23.0M | 29.6M | |
Common Stock Total Equity | 1.1B | 1.8B | 2.3B | 2.3B | 2.6B | 2.8B | |
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 | 42.1M | 64.0M | 67.2M | |
Other Stockholder Equity | 128.5M | 131.8M | 141.1M | 141.5M | 147.9M | 130.4M | |
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.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
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.