Ivanhoe Mines Ltd. (IVN) — Working Capital to Net Assets Ratio
Ivanhoe Mines Ltd. (IVN) has a Working Capital to Net Assets ratio of 17.3% as of September 2025. Working capital of CA$971.32 Million (current assets of CA$1.27 Billion minus current liabilities of CA$300.68 Million) is measured against net assets of CA$5.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IVN net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ivanhoe Mines Ltd. Working Capital to Net Assets (2007–2024)
This chart shows how Ivanhoe Mines Ltd.'s Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 17.3%, reflecting working capital of CA$971.32 Million against net assets of CA$5.62 Billion CAD. Check tangible net worth ratio of Ivanhoe Mines Ltd. to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ivanhoe Mines Ltd. (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ivanhoe Mines Ltd. from 2007 to 2024, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see IVN market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.2% | CA$60.08 Million | CA$4.84 Billion | CA$298.64 Million | CA$238.56 Million | ▲ +11.0 pp |
| 2023 | -9.7% | CA$-348.45 Million | CA$3.58 Billion | CA$648.83 Million | CA$997.28 Million | ▼ -6.6 pp |
| 2022 | -3.1% | CA$-88.17 Million | CA$2.84 Billion | CA$662.66 Million | CA$750.83 Million | ▼ -30.6 pp |
| 2021 | 27.5% | CA$654.78 Million | CA$2.38 Billion | CA$686.74 Million | CA$31.96 Million | ▲ +14.4 pp |
| 2020 | 13.2% | CA$307.95 Million | CA$2.34 Billion | CA$330.98 Million | CA$23.03 Million | ▼ -15.8 pp |
| 2019 | 29.0% | CA$684.45 Million | CA$2.36 Billion | CA$716.60 Million | CA$32.15 Million | ▼ -1.8 pp |
| 2018 | 30.8% | CA$559.53 Million | CA$1.82 Billion | CA$589.32 Million | CA$29.79 Million | ▲ +16.0 pp |
| 2017 | 14.8% | CA$179.38 Million | CA$1.21 Billion | CA$205.53 Million | CA$26.15 Million | ▼ -23.1 pp |
| 2016 | 37.9% | CA$362.90 Million | CA$956.26 Million | CA$379.91 Million | CA$17.01 Million | ▼ -5.3 pp |
| 2015 | 43.3% | CA$423.39 Million | CA$978.82 Million | CA$439.04 Million | CA$15.65 Million | ▼ -33.4 pp |
| 2014 | 76.7% | CA$155.18 Million | CA$202.40 Million | CA$182.25 Million | CA$27.07 Million | ▼ -12.1 pp |
| 2013 | 88.8% | CA$201.75 Million | CA$227.24 Million | CA$240.11 Million | CA$38.36 Million | ▲ +35.7 pp |
| 2012 | 53.1% | CA$323.75 Million | CA$609.70 Million | CA$352.50 Million | CA$28.75 Million | ▼ -7.3 pp |
| 2011 | 60.4% | CA$179.41 Million | CA$297.28 Million | CA$272.81 Million | CA$93.40 Million | ▲ +12.6 pp |
| 2010 | 47.8% | CA$15.83 Million | CA$33.15 Million | CA$20.99 Million | CA$5.15 Million | ▲ +0.2 pp |
| 2009 | 47.6% | CA$30.67 Million | CA$64.49 Million | CA$33.33 Million | CA$2.66 Million | ▲ +4.6 pp |
| 2008 | 43.0% | CA$20.63 Million | CA$48.02 Million | CA$23.60 Million | CA$2.97 Million | ▼ -26.5 pp |
| 2007 | 69.4% | CA$59.93 Million | CA$86.34 Million | CA$67.09 Million | CA$7.16 Million | — |