What is Ivanhoe Electric's cash ratio?

Ivanhoe Electric (IE) reported cash ratio of 6.1× in Q1 2026.

How has Ivanhoe Electric's cash ratio changed year-over-year?

Ivanhoe Electric's cash ratio increased by 123.6% year-over-year, from 2.7× to 6.1×.

What is the long-term trend for Ivanhoe Electric's cash ratio?

Over 4 years (2021 to 2025), Ivanhoe Electric's cash ratio has grown at a 27.8% compound annual growth rate (CAGR), from 1.2× to 3.3×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Ivanhoe Electric IE Cash ratio

Cash ratio at other companies

Freeport-McMoRan Inc.FCX

0.7×-0.1×

Perpetua Resources Corp.PPTA

19.6×+16.8×

TMC the metals company Inc.TMC

2.1×+2.1×

Uranium EnergyUEC

23.4×+19.3×

Hecla MiningHL

3×+2.9×

AlbemarleALB

0.7×-0.1×

Other financials

Income statement

See full

Revenue$858.0K+16.7%

Gross profit$505.0K+14.3%

Operating income$96.8M+458%

Net income$41.7M+237%

EPS (diluted)-$0.26-208%

Balance sheet

See full

Cash & equivalents$291.8M+190%

Total debt$35.4M+33.9%

Total equity$540.3M+76.0%

Total assets$594.3M+43.4%

Cash flow

See full

Operating cash flow-$42.3M-66.1%

CapEx$597.0K+29,750%

Free cash flow-$42.9M-68.4%

Valuation

See full

Market cap$1.59B+142%

Enterprise value$1.34B+130%

P/S473.4×+272×

Profitability

See full

Gross margin64.8%+1.7pp

Operating margin302.6%+156pp

Net margin-998.6%—

FCF margin-3,202.8%-640pp

Returns & leverage

See full

Return on equity-7.9%—

Debt / equity0.1×0.0×

Current ratio6.3×+3.2×

Where this comes from

Calculated from Ivanhoe Electric’s reported figures.

cash and equivalents/total current liabilities=6.1×

Based on the most recent quarter.

The official record: Ivanhoe Electric’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Ivanhoe Electric's cash ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Ivanhoe Electric's cash ratio?: Ivanhoe Electric (IE) reported cash ratio of 6.1× in Q1 2026.
How has Ivanhoe Electric's cash ratio changed year-over-year?: Ivanhoe Electric's cash ratio increased by 123.6% year-over-year, from 2.7× to 6.1×.
What is the long-term trend for Ivanhoe Electric's cash ratio?: Over 4 years (2021 to 2025), Ivanhoe Electric's cash ratio has grown at a 27.8% compound annual growth rate (CAGR), from 1.2× to 3.3×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.