Ivanhoe Mines Ltd. (IVN) - Total Assets
Based on the latest financial reports, Ivanhoe Mines Ltd. (IVN) holds total assets worth CA$7.38 Billion CAD (≈ $5.34 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check IVN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Ivanhoe Mines Ltd. - Total Assets Trend (2007–2024)
This chart illustrates how Ivanhoe Mines Ltd.'s total assets have evolved over time, based on quarterly financial data. Explore Ivanhoe Mines Ltd. (IVN) investment intensity to see how much of total assets are deployed in long-term investments.
Ivanhoe Mines Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Ivanhoe Mines Ltd.'s total assets of CA$7.38 Billion consist of 5.2% current assets and 94.8% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$22.80 Million | 1.8% |
| Accounts Receivable | CA$76.56 Million | 1.3% |
| Inventory | CA$85.74 Million | 1.5% |
| Property, Plant & Equipment | CA$1.97 Billion | 34.3% |
| Intangible Assets | CA$18.92 Million | 0.3% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Ivanhoe Mines Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Ivanhoe Mines Ltd..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ivanhoe Mines Ltd.'s current assets represent 5.2% of total assets in 2024, a decrease from 70.2% in 2007.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, down from 64.6% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is property, plant & equipment at 34.3% of total assets.
Ivanhoe Mines Ltd. Competitors by Total Assets
Key competitors of Ivanhoe Mines Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glencore PLC
JSE:GLN
|
South Africa | ZAC142.20 Billion |
|
Vale S.A
F:CVLB
|
Germany | €87.59 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$46.64 Billion |
|
SOUTH32 Ltd
AU:S32
|
Australia | AU$13.80 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
RTG Mining Inc
AU:RTG
|
Australia | AU$11.53 Million |
|
IGO Ltd
AU:IGO
|
Australia | AU$2.30 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$1.13 Billion |
Ivanhoe Mines Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.23 | 1.36 | 14.37 |
| Quick Ratio | 4.03 | 1.15 | 14.33 |
| Cash Ratio | 0.12 | 0.03 | 0.00 |
| Working Capital | CA$971.32 Million | CA$75.71 Million | CA$307.95 Million |
Ivanhoe Mines Ltd. - Advanced Valuation Insights
This section examines the relationship between Ivanhoe Mines Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.01 |
| Latest Market Cap to Assets Ratio | 2.24 |
| Asset Growth Rate (YoY) | 14.7% |
| Total Assets | CA$5.74 Billion |
| Market Capitalization | $12.86 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Ivanhoe Mines Ltd.'s assets at a significant premium (2.24x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Ivanhoe Mines Ltd.'s assets grew by 14.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ivanhoe Mines Ltd. (2007–2024)
The table below shows the annual total assets of Ivanhoe Mines Ltd. from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$5.74 Billion ≈ $4.15 Billion |
+14.75% |
| 2023-12-31 | CA$5.00 Billion ≈ $3.62 Billion |
+25.97% |
| 2022-12-31 | CA$3.97 Billion ≈ $2.87 Billion |
+23.34% |
| 2021-12-31 | CA$3.22 Billion ≈ $2.33 Billion |
+33.14% |
| 2020-12-31 | CA$2.42 Billion ≈ $1.75 Billion |
-1.13% |
| 2019-12-31 | CA$2.44 Billion ≈ $1.77 Billion |
+29.71% |
| 2018-12-31 | CA$1.88 Billion ≈ $1.36 Billion |
+48.26% |
| 2017-12-31 | CA$1.27 Billion ≈ $919.65 Million |
+26.85% |
| 2016-12-31 | CA$1.00 Billion ≈ $725.00 Million |
-1.99% |
| 2015-12-31 | CA$1.02 Billion ≈ $739.72 Million |
+304.06% |
| 2014-12-31 | CA$253.08 Million ≈ $183.07 Million |
-12.00% |
| 2013-12-31 | CA$287.58 Million ≈ $208.03 Million |
-60.21% |
| 2012-12-31 | CA$722.78 Million ≈ $522.85 Million |
+15.04% |
| 2011-12-31 | CA$628.30 Million ≈ $454.50 Million |
+1455.94% |
| 2010-12-31 | CA$40.38 Million ≈ $29.21 Million |
-41.67% |
| 2009-12-31 | CA$69.23 Million ≈ $50.08 Million |
+30.43% |
| 2008-12-31 | CA$53.07 Million ≈ $38.39 Million |
-44.47% |
| 2007-12-31 | CA$95.58 Million ≈ $69.14 Million |
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About Ivanhoe Mines Ltd.
Ivanhoe Mines Ltd., together with its subsidiaries, engages in the mining, development, and exploration of minerals and precious metals in Africa. The company explores for platinum, palladium, gold, rhodium, nickel, copper, zinc, germanium, silver, and lead deposits. Its projects include the Kamoa-Kakula Copper Complex mine located in the Central African Copperbelt; the Platreef PGM-Nickel mine l… Read more