Ivanhoe Electric Inc 's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Ivanhoe Electric Inc 's ROA in the third quarter of 2024?
Ivanhoe Electric Inc achieved a return on average assets (ROA) of 80.08 % in its third quarter of 2024, this is above IE's average return on assets of 63.19%.
Ivanhoe Electric Inc assets over the 12 months ending in its third quarter of 2024 are valued at $260 million

Despite the company's net income deteriorating, Ivanhoe Electric Inc was able to improve its ROA compared to the second quarter of 2024.

However, within the Basic Materials sector 4 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2024 from 48 to 52.

What is ROA?

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Return on Assets ROA▼

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Return on Assets ROA▼

Return On Assets	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Total Assets Change	-69.73 %	-34.31 %	76.13 %	158.7 %	133.01 %
Y / Y Net Income Change	-43.4 %	14.88 %	55.77 %	-66.76 %	-
Net Income (TTM) in million	208	244	238	216	315
Return On Assets (TTM)	80.08 %	70.68 %	63.96 %	62.63 %	114.11 %
IE's Total Ranking	# 52	# 48	# 51	# 50	# 33
Total Assets (TTM) in million	149	198	245	448	492
Seq. Total Assets Change	-24.81 %	-19.09 %	-45.4 %	-8.87 %	63.16 %
Seq. Net Income Change	-8.53 %	-14.27 %	21.68 %	-40.68 %	85.65 %

IE's 5 Years Annual ROA >> Back to IE Management Effectiveness >> Compare IE ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 5
Sector	# 5
Overall	# 50

Return On Assets Statistics
High	Average	Low
94.79 %	63.19 %	47.84 %
(Sep 30 2023)		(Sep 30 2024)

Financial Statements
Ivanhoe Electric Inc 's Assets	$ 149 million	IE's Balance sheet
Ivanhoe Electric Inc 's Income	$ 47 million	Quarterly IE's Income Statement
IE's Income by Division		See IE's Income by Division

Annual Return On Assets	(Dec 31 2023) FY 2023	(Dec 31 2022) FY 2022	FY	FY	FY
Y / Y Total Assets Change	158.7 %	-	-	-	-
Total Assets in million	448	173	0	0	0
Y / Y Net Income Change	34.86 %	-	-	-	-
Net Income in million	216	160	0	0	0
Annual Return On Assets	48.22 %	92.5 %	-	-	-

IE's 5 Years Annual ROA >> Back to IE Management Effectiveness >> Compare IE ROA to its Competitors

Comment on IE's ROA in the fiscal year ending 2023

In the fiscal year 2023 ROA deteriorated to 48.22 %, despite annual net income growth of 34.86 % to $216.08 million, from $160.22 million a year ago, as IE's assets increase to $448.10 million, by 34.86 %.

More Return On Assets Ratios
IE's' Return on Assets at Yahoo Finance
Metal Mining Industry Return On Assets Trends and Statistics
Basic Materials Sector Roa Statistics
Roa Trends for overall market
IE's Roa Ratio versus Metal Mining Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for IE's Competitors
Roa for Ivanhoe Electric Inc 's Suppliers
Return On Assets for IE's Customers

You may also want to know
IE's Roi	IE's Inventory Turnover Ratio	IE's Growth Rates	IE's Dividend Comparisons
	IE's Profitability Ratios	IE's Asset Turnover Ratio	IE's Dividend Growth
IE's Roe	IE's Valuation Ratios	IE's Financial Strength Ratios	IE's Dividend Payout Ratio

Companies with similar Return On Assets at Sep 30 2024, within Basic Materials Sector	ROA
Mesabi Trust	205.66 %
Tmc The Metals Company Inc	176.49 %
Vista Gold Corp	68.97 %
Idaho Strategic Resources Inc	54.78 %
Ivanhoe Electric Inc	47.84 %
Bolt Projects Holdings Inc	35.90 %
Westlake Chemical Partners Lp	28.40 %
Ball Corporation	21.81 %
United States Lime and Minerals Inc	21.67 %
Trex Company Inc	20.04 %
Mueller Industries Inc	20.00 %
Xpel Inc	18.58 %
Knife River Corporation	18.17 %
Southern Copper Corp	17.44 %
Louisiana pacific Corporation	16.63 %
Mcewen Mining inc	16.22 %
Eagle Materials Inc	16.12 %
Energy Fuels Inc	16.06 %

Date modified: 2024-11-10T08:51:58+00:00

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