Ivanhoe Mines (TSX:IVN) Cash And Cash Equivalents : C$537.56 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Ivanhoe Mines Cash And Cash Equivalents?

Ivanhoe Mines's quarterly cash and cash equivalents increased from Sep. 2023 (C$392.55 Mil) to Dec. 2023 (C$751.69 Mil) but then stayed the same from Dec. 2023 (C$751.69 Mil) to Mar. 2024 (C$537.56 Mil).

Ivanhoe Mines's annual cash and cash equivalents increased from Dec. 2021 (C$778.47 Mil) to Dec. 2022 (C$793.16 Mil) but then declined from Dec. 2022 (C$793.16 Mil) to Dec. 2023 (C$751.69 Mil).

Ivanhoe Mines Cash And Cash Equivalents Historical Data

The historical data trend for Ivanhoe Mines's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Ivanhoe Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

925.53

336.65

778.47

793.16

751.69

Ivanhoe Mines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															662.32	504.72	392.55	751.69	537.56

Ivanhoe Mines Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Ivanhoe Mines (TSX:IVN) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Ivanhoe Mines Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Ivanhoe Mines's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Ivanhoe Mines (TSX:IVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Mines Ltd (TSX:IVN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

IVPAF:USA IYAA:Germany

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 three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC. It is also exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to the Kamoa-Kakula Copper Complex.

Executives

Stephen Ralph Amos

Senior Officer

Ivanhoe Mines (TSX:IVN) Headlines

No Headlines