Ivanhoe Electric Inc. — Earnings Quality Grade C
IE · Basic Materials
Some red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 2 days, change -94 days YoY
AR growth -98.2% vs revenue growth 11.8%
Revenue 11.8%, CFFO 45.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -62.4% vs revenue 11.8%. Normal
SG&A/Gross Profit = 1854.0%, exceeds 70%
Gross margin 65.3%, change +0.4pp. Stable
Cash Flow Quality
CFFO/NI = 0.84. Profits backed by cash
FCF is negative ($-0.1B)
Accruals ratio = -3.5%. Low accruals
Cash $0.2B covers debt $0.0B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = -26.8x (<2x). Financial stress
Other assets grew 188.9% vs revenue 11.8%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
No goodwill
Manipulation Score
M-Score = -3.34 (< -2.22). Unlikely manipulator
Portfolio monitoring
Monitor IE continuously
The full checks and model details are free to read. Use Watchlist to track your holdings; Pro adds automatic quarterly rescoring, risk-event email alerts, scans up to 50 tickers, and export workflows.
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25