ioneer Ltd
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1. Quick Overview
1.1. Quick analysis of Ioneer (30 sec.)
1.2. What can you expect buying and holding a share of Ioneer? (30 sec.)
How much money do you get?
What is your share worth?
+ What do you gain per year?
2. Detailed Analysis
2.1. Valuation of Ioneer (5 min.)
2.2. Growth of Ioneer (5 min.)
2.3. Financial Health of Ioneer (5 min.)
2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)
Industry Rankings (Other Industrial Metals & Mining)
3. Summary and Key Metrics
3.1. What can you expect buying and holding a share of Ioneer?
Welcome investor! Ioneer's management wants to use your money to grow the business. In return you get a share of Ioneer.
First you should know what it really means to hold a share of Ioneer. And how you can make/lose money.
Speculation
The Price per Share of Ioneer is A$0.25. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.
If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:
- The fundamentals: the financial health trends of Ioneer.
- The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
- The book value: what is the market price compared to it's book value.
Investing
If you really want to invest in Ioneer, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:
- You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.08. Based on the TTM, the Book Value Change Per Share is A$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.03 per quarter.
- You may receive quarterly/yearly dividend in the form of additional shares.
- You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
How much money are you going to get?
MRQ | TTM | YOY | 5Y | 10Y | ||||||
---|---|---|---|---|---|---|---|---|---|---|
A$ | % of Price per Share | A$ | % of Price per Share | A$ | % of Price per Share | A$ | % of Price per Share | A$ | % of Price per Share | |
Usd Eps | 0.00 | -0.7% | 0.00 | -0.7% | 0.00 | -1.4% | 0.00 | -0.8% | 0.00 | -0.6% |
Usd Book Value Change Per Share | 0.00 | -0.7% | 0.00 | -0.7% | 0.02 | 6.8% | 0.01 | 2.9% | 0.01 | 2.2% |
Usd Dividend Per Share | 0.00 | 0.0% | 0.00 | 0.0% | 0.00 | 0.0% | 0.00 | 0.0% | 0.00 | 0.0% |
Usd Total Gains Per Share | 0.00 | -0.7% | 0.00 | -0.7% | 0.02 | 6.8% | 0.01 | 2.9% | 0.01 | 2.2% |
Usd Price Per Share | 0.22 | - | 0.22 | - | 0.27 | - | 0.18 | - | 0.13 | - |
Price to Earnings Ratio | -123.72 | - | -123.72 | - | -75.78 | - | -133.50 | - | -109.28 | - |
Price-to-Total Gains Ratio | -128.26 | - | -128.26 | - | 15.98 | - | -42.68 | - | -25.51 | - |
Price to Book Ratio | 4.01 | - | 4.01 | - | 4.69 | - | 4.49 | - | 80.36 | - |
Price-to-Total Gains Ratio | -128.26 | - | -128.26 | - | 15.98 | - | -42.68 | - | -25.51 | - |
When do you get the money?
Usd Investment | |
---|---|
Usd Price Per Share | 0.16465 |
Number of shares | 6073 |
Gains per Quarter | Trailing 12 Months | 5 Year |
---|---|---|
Usd Dividend Per Share | 0.00 | 0.00 |
Usd Book Value Change Per Share | 0.00 | 0.01 |
Usd Total Gains Per Share | 0.00 | 0.01 |
Gains per Quarter (6073 shares) | -10.60 | 43.96 |
Gains per Year (6073 shares) | -42.41 | 175.84 |
Years | Return on Investment (TTM) | Return on Investment (5Y) | ||||
---|---|---|---|---|---|---|
Dividend | Book Value gain | Total gains | Dividend | Book Value gain | Total gains | |
Broker costs | - | - | -10 | - | - | -10 |
1 | 0 | -42 | -52 | 0 | 176 | 166 |
2 | 0 | -85 | -94 | 0 | 351 | 342 |
3 | 0 | -127 | -136 | 1 | 527 | 518 |
4 | 0 | -170 | -178 | 1 | 702 | 694 |
5 | 0 | -212 | -220 | 1 | 878 | 870 |
6 | 0 | -254 | -262 | 1 | 1054 | 1046 |
7 | 0 | -297 | -304 | 2 | 1229 | 1222 |
8 | 0 | -339 | -346 | 2 | 1405 | 1398 |
9 | 0 | -382 | -388 | 2 | 1581 | 1574 |
10 | 0 | -424 | -430 | 2 | 1756 | 1750 |
How sure are you?
Based on the past periods, how sure are you to get value out of your investment.
Linear %
Trailing 12 Months | 3Y | 5 Year | 10 Year | ALLTIME | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% | % | % | % | % | ||||||||||||||||
Earnings Per Share | 0.0 | 1.0 | 0.0 | 0.0% | 0.0 | 3.0 | 0.0 | 0.0% | 0.0 | 5.0 | 0.0 | 0.0% | 0.0 | 10.0 | 0.0 | 0.0% | 0.0 | 16.0 | 1.0 | 0.0% |
Book Value Change Per Share | 0.0 | 1.0 | 0.0 | 0.0% | 2.0 | 1.0 | 0.0 | 66.7% | 3.0 | 2.0 | 0.0 | 60.0% | 5.0 | 5.0 | 0.0 | 50.0% | 9.0 | 8.0 | 0.0 | 52.9% |
Dividend per Share | 0.0 | 0.0 | 1.0 | 0.0% | 1.0 | 0.0 | 2.0 | 33.3% | 1.0 | 0.0 | 4.0 | 20.0% | 1.0 | 0.0 | 9.0 | 10.0% | 1.0 | 0.0 | 16.0 | 5.9% |
Total Gains per Share | 0.0 | 1.0 | 0.0 | 0.0% | 2.0 | 1.0 | 0.0 | 66.7% | 3.0 | 2.0 | 0.0 | 60.0% | 5.0 | 5.0 | 0.0 | 50.0% | 9.0 | 8.0 | 0.0 | 52.9% |
3.2. Key Performance Indicators
The key performance indicators of ioneer Ltd compared to the Most Recent Quarter (MRQ).
End of day | +/- | Most Recent Quarter | Trailing 12 Months | +/- | Year-Over-Year | +/- | 5 Year | +/- | 10 Year | +/- | |
---|---|---|---|---|---|---|---|---|---|---|---|
Book Value Change Per Share | - | - | -0.003 | -0.003 | 0% | 0.026 | -110% | 0.011 | -124% | 0.008 | -132% |
Book Value Per Share | - | - | 0.085 | 0.085 | 0% | 0.087 | -3% | 0.060 | +41% | 0.034 | +151% |
Current Ratio | - | - | 6.001 | 6.001 | 0% | 9.972 | -40% | 11.162 | -46% | 15.465 | -61% |
Debt To Asset Ratio | - | - | 0.043 | 0.043 | 0% | 0.045 | -3% | 0.036 | +18% | 0.087 | -50% |
Debt To Equity Ratio | - | - | 0.045 | 0.045 | 0% | 0.047 | -4% | 0.038 | +19% | 0.197 | -77% |
Dividend Per Share | - | - | - | - | 0% | - | 0% | 0.000 | -100% | 0.000 | -100% |
Eps | - | - | -0.003 | -0.003 | 0% | -0.005 | +97% | -0.003 | +12% | -0.002 | -12% |
Free Cash Flow Per Share | - | - | -0.017 | -0.017 | 0% | -0.015 | -12% | -0.014 | -21% | -0.007 | -57% |
Free Cash Flow To Equity Per Share | - | - | -0.017 | -0.017 | 0% | 0.015 | -219% | 0.000 | -98% | 0.002 | -830% |
Gross Profit Margin | - | - | 1.492 | 1.492 | 0% | 1.359 | +10% | 1.688 | -12% | 1.441 | +3% |
Intrinsic Value_10Y_max | - | - | -0.092 | - | - | - | - | - | - | - | - |
Intrinsic Value_10Y_min | - | - | -0.210 | - | - | - | - | - | - | - | - |
Intrinsic Value_1Y_max | - | - | -0.008 | - | - | - | - | - | - | - | - |
Intrinsic Value_1Y_min | - | - | -0.016 | - | - | - | - | - | - | - | - |
Intrinsic Value_3Y_max | - | - | -0.024 | - | - | - | - | - | - | - | - |
Intrinsic Value_3Y_min | - | - | -0.053 | - | - | - | - | - | - | - | - |
Intrinsic Value_5Y_max | - | - | -0.042 | - | - | - | - | - | - | - | - |
Intrinsic Value_5Y_min | - | - | -0.094 | - | - | - | - | - | - | - | - |
Market Cap | 581402496.000 | -36% | 790707394.560 | 790707394.560 | 0% | 953500093.440 | -17% | 634891525.632 | +25% | 453028824.883 | +75% |
Net Profit Margin | - | - | - | - | 0% | - | 0% | -75470486.400 | 0% | -37735443.187 | 0% |
Operating Margin | - | - | - | - | 0% | - | 0% | -116344060.600 | 0% | -58172064.355 | 0% |
Operating Ratio | - | - | - | - | 0% | - | 0% | 115201260.000 | -100% | 57600667.679 | -100% |
Pb Ratio | 2.952 | -36% | 4.015 | 4.015 | 0% | 4.695 | -14% | 4.487 | -11% | 80.357 | -95% |
Pe Ratio | -90.972 | +26% | -123.722 | -123.722 | 0% | -75.777 | -39% | -133.496 | +8% | -109.281 | -12% |
Price Per Share | 0.250 | -36% | 0.340 | 0.340 | 0% | 0.410 | -17% | 0.273 | +25% | 0.195 | +75% |
Price To Free Cash Flow Ratio | -14.526 | +26% | -19.755 | -19.755 | 0% | -26.972 | +37% | -20.791 | +5% | -60.501 | +206% |
Price To Total Gains Ratio | -94.306 | +26% | -128.255 | -128.255 | 0% | 15.981 | -903% | -42.677 | -67% | -25.511 | -80% |
Quick Ratio | - | - | 5.989 | 5.989 | 0% | 9.969 | -40% | 11.150 | -46% | 15.384 | -61% |
Return On Assets | - | - | -0.031 | -0.031 | 0% | -0.041 | +33% | -0.035 | +13% | -1.058 | +3352% |
Return On Equity | - | - | -0.032 | -0.032 | 0% | -0.043 | +33% | -0.036 | +13% | -2.464 | +7589% |
Total Gains Per Share | - | - | -0.003 | -0.003 | 0% | 0.026 | -110% | 0.011 | -124% | 0.008 | -132% |
Usd Book Value | - | - | 129704253.934 | 129704253.934 | 0% | 133764586.160 | -3% | 92264808.538 | +41% | 51675273.875 | +151% |
Usd Book Value Change Per Share | - | - | -0.002 | -0.002 | 0% | 0.017 | -110% | 0.007 | -124% | 0.005 | -132% |
Usd Book Value Per Share | - | - | 0.056 | 0.056 | 0% | 0.058 | -3% | 0.040 | +41% | 0.022 | +151% |
Usd Dividend Per Share | - | - | - | - | 0% | - | 0% | 0.000 | -100% | 0.000 | -100% |
Usd Eps | - | - | -0.002 | -0.002 | 0% | -0.004 | +97% | -0.002 | +12% | -0.002 | -12% |
Usd Free Cash Flow | - | - | -26361000.600 | -26361000.600 | 0% | -23282326.005 | -12% | -20827278.090 | -21% | -11206553.816 | -57% |
Usd Free Cash Flow Per Share | - | - | -0.011 | -0.011 | 0% | -0.010 | -12% | -0.009 | -21% | -0.005 | -57% |
Usd Free Cash Flow To Equity Per Share | - | - | -0.011 | -0.011 | 0% | 0.010 | -219% | 0.000 | -98% | 0.002 | -830% |
Usd Market Cap | 382911683.866 | -36% | 520759890.057 | 520759890.057 | 0% | 627975161.540 | -17% | 418139558.781 | +25% | 298364784.068 | +75% |
Usd Price Per Share | 0.165 | -36% | 0.224 | 0.224 | 0% | 0.270 | -17% | 0.180 | +25% | 0.128 | +75% |
Usd Profit | - | - | -4155623.815 | -4155623.815 | 0% | -5697977.592 | +37% | -3575589.767 | -14% | -2851840.981 | -31% |
Usd Revenue | - | - | - | - | 0% | - | 0% | 0.001 | -100% | 12650.611 | -100% |
Usd Total Gains Per Share | - | - | -0.002 | -0.002 | 0% | 0.017 | -110% | 0.007 | -124% | 0.005 | -132% |
EOD | +3 -5 | MRQ | TTM | +0 -0 | YOY | +11 -19 | 5Y | +12 -22 | 10Y | +14 -20 |
3.3 Fundamental Score
Penke's Stock Scanner
Indicator | Condition | Value | ||
---|---|---|---|---|
Price to Earnings Ratio (EOD) | Between | 0-15 | -90.972 | |
Price to Book Ratio (EOD) | Between | 0-1 | 2.952 | |
Net Profit Margin (MRQ) | Greater than | 0 | 0.000 | |
Operating Margin (MRQ) | Greater than | 0 | 0.000 | |
Quick Ratio (MRQ) | Greater than | 1 | 5.989 | |
Current Ratio (MRQ) | Greater than | 1 | 6.001 | |
Debt to Asset Ratio (MRQ) | Less than | 1 | 0.043 | |
Debt to Equity Ratio (MRQ) | Less than | 1 | 0.045 | |
Return on Equity (MRQ) | Greater than | 0.15 | -0.032 | |
Return on Assets (MRQ) | Greater than | 0.05 | -0.031 | |
Total | 4/10 (40.0%) |
3.4 Technical Score
Penke's Symbol Scanner
Indicator | Condition | Value | ||
---|---|---|---|---|
Open | Greater than | Close | 0.285 | |
Total | 1/1 (100.0%) |
4. In-depth Analysis
4.1 About ioneer Ltd
- https://www.ioneer.com
- Other Industrial Metals & Mining
- 0
- 213 Miller Street, North Sydney, NSW, Australia, 2060
Google Maps Bing Maps
ioneer Ltd engages in the exploration and development of mineral properties in North America. Its principal property is the Rhyolite Ridge lithium-boron project located in the state of Nevada, the United States. The company was formerly known as Global Geoscience Limited and changed its name to ioneer Ltd in November 2018. The company was incorporated in 2001 and is based in North Sydney, Australia.
Fundamental data was last updated by Penke on 2024-10-23 13:44:03.
4.2 In-depth Summary
4.2.1. Financial Health Summary
Compared to previous year | Compared to industry | |
---|---|---|
Using its assets, the company is very inefficient in making profit. | ||
Using its investors money, the company is very inefficient in making profit. |
Compared to previous year | Compared to industry |
---|
Compared to previous year | Compared to industry | |
---|---|---|
The company is very able to pay all its short-term debts. | ||
The company is very able to pay all its short-term debts with the most liquid assets. |
Compared to previous year | Compared to industry | |
---|---|---|
The company is very able to pay all its debts by selling its assets. | ||
The company is very able to pay all its debts with equity. |
4.2.2. Valuation Summary
Compared to previous year | Compared to industry | |
---|---|---|
Based on the equity, the company is fair priced. | ||
Based on the earnings, the company is expensive. | ||
Based on how much money comes from the company's main activities, the company is expensive. |
4.3 Financial Health
4.3.1. Profitability
4.3.1 Profitability
4.3.1.1. Net Profit Margin
- Above 10% is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.
Let's take a look of the Net Profit Margin trends of ioneer Ltd:
- The MRQ is 0.0%. The data is not here.
Trends
- The 10Y is -3,773,544,318.7%. Compared to the 5Y term, the 10Y term is trending down. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | - | TTM | - | 0.0% | |
TTM | - | YOY | - | 0.0% | |
TTM | - | 5Y | -7,547,048,640.0% | +7,547,048,640.0% | |
5Y | -7,547,048,640.0% | 10Y | -3,773,544,318.7% | -3,773,504,321.3% |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Net Profit Margin with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -4.0%. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -9.3%. trending up. +2
4.3.1.2. Return on Assets
- Above 5% is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- -3.1% Return on Assets means that Ioneer generated $-0.03 profit for each $1 in assets.
Let's take a look of the Return on Assets trends of ioneer Ltd:
Trends
- The YOY is -4.1%. Compared to the TTM, the mid term is trending up. +2
- The 5Y is -3.5%. Compared to the TTM, the 5Y term is trending up. +2
- The 10Y is -105.8%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | -3.1% | TTM | -3.1% | 0.0% | |
TTM | -3.1% | YOY | -4.1% | +1.0% | |
TTM | -3.1% | 5Y | -3.5% | +0.4% | |
5Y | -3.5% | 10Y | -105.8% | +102.3% |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Return on Assets with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -6.0%. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -6.9%. trending up. +2
4.3.1.3. Return on Equity
- Above 15%-20% is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- -3.2% Return on Equity means Ioneer generated $-0.03 for each $1 the owners (shareholders) invested.
Let's take a look of the Return on Equity trends of ioneer Ltd:
Trends
- The YOY is -4.3%. Compared to the TTM, the mid term is trending up. +2
- The 5Y is -3.6%. Compared to the TTM, the 5Y term is trending up. +2
- The 10Y is -246.4%. Compared to the 5Y term, the 10Y term is trending up. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | -3.2% | TTM | -3.2% | 0.0% | |
TTM | -3.2% | YOY | -4.3% | +1.1% | |
TTM | -3.2% | 5Y | -3.6% | +0.4% | |
5Y | -3.6% | 10Y | -246.4% | +242.8% |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Return on Equity with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -6.6%. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -7.4%. trending up. +2
4.3.2. Operating Efficiency of ioneer Ltd.
4.3.2. Operating Efficiency
4.3.2.1. Operating Margin
- Measures how much profit Ioneer makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
- Above 15% is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).
Let's take a look of the Operating Margin trends of ioneer Ltd:
- The MRQ is 0.0%. The data is not here.
Trends
- The 10Y is -5,817,206,435.5%. Compared to the 5Y term, the 10Y term is trending down. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | - | TTM | - | 0.0% | |
TTM | - | YOY | - | 0.0% | |
TTM | - | 5Y | -11,634,406,060.0% | +11,634,406,060.0% | |
5Y | -11,634,406,060.0% | 10Y | -5,817,206,435.5% | -5,817,199,624.5% |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Operating Margin with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -64.3%. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -26.7%. trending up. +2
4.3.2.2. Operating Ratio
- Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
- An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.
Let's take a look of the Operating Ratio trends of ioneer Ltd:
- The MRQ is 0.000. The data is not here.
Trends
- The 10Y is 57,600,667.679. Compared to the 5Y term, the 10Y term is trending up. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | - | TTM | - | 0.000 | |
TTM | - | YOY | - | 0.000 | |
TTM | - | 5Y | 115,201,260.000 | -115,201,260.000 | |
5Y | 115,201,260.000 | 10Y | 57,600,667.679 | +57,600,592.321 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Operating Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 1.719. trending down. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 1.720. trending down. +2
4.4.3. Liquidity of ioneer Ltd.
4.4.3. Liquidity
4.4.3.1. Current Ratio
- Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
- A Current Ratio of 6.00 means the company has $6.00 in assets for each $1 in short-term debts.
Let's take a look of the Current Ratio trends of ioneer Ltd:
Trends
- The YOY is 9.972. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 11.162. Compared to the TTM, the 5Y term is trending down. -2
- The 10Y is 15.465. Compared to the 5Y term, the 10Y term is trending down. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 6.001 | TTM | 6.001 | 0.000 | |
TTM | 6.001 | YOY | 9.972 | -3.971 | |
TTM | 6.001 | 5Y | 11.162 | -5.161 | |
5Y | 11.162 | 10Y | 15.465 | -4.303 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Current Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 1.971. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 2.134. trending up. +2
4.4.3.2. Quick Ratio
- Above 1 is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- A Quick Ratio of 5.99 means the company can pay off $5.99 for each $1 in debt (using most liquid assets).
Let's take a look of the Quick Ratio trends of ioneer Ltd:
Trends
- The YOY is 9.969. Compared to the TTM, the mid term is trending down. -2
- The 5Y is 11.150. Compared to the TTM, the 5Y term is trending down. -2
- The 10Y is 15.384. Compared to the 5Y term, the 10Y term is trending down. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 5.989 | TTM | 5.989 | 0.000 | |
TTM | 5.989 | YOY | 9.969 | -3.980 | |
TTM | 5.989 | 5Y | 11.150 | -5.161 | |
5Y | 11.150 | 10Y | 15.384 | -4.234 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Quick Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 0.934. trending up. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 1.236. trending up. +2
4.5.4. Solvency of ioneer Ltd.
4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio
- Below 1 (100%) is considered healthy but always compare Ioneer to Other Industrial Metals & Mining industry mean.
- A Debt to Asset Ratio of 0.04 means that Ioneer assets are financed with 4.3% credit (debt) and the remaining percentage (100% - 4.3%) is financed by its owners/shareholders.
Let's take a look of the Debt to Asset Ratio trends of ioneer Ltd:
Trends
- The YOY is 0.045. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 0.036. Compared to the TTM, the 5Y term is trending up. -2
- The 10Y is 0.087. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 0.043 | TTM | 0.043 | 0.000 | |
TTM | 0.043 | YOY | 0.045 | -0.002 | |
TTM | 0.043 | 5Y | 0.036 | +0.007 | |
5Y | 0.036 | 10Y | 0.087 | -0.051 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Debt to Asset Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 0.200. trending down. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 0.200. trending down. +2
4.5.4.2. Debt to Equity Ratio
- Below 2 is considered healthy but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- A Debt to Equity ratio of 4.5% means that company has $0.05 debt for each $1 in shareholders equity.
Let's take a look of the Debt to Equity Ratio trends of ioneer Ltd:
Trends
- The YOY is 0.047. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 0.038. Compared to the TTM, the 5Y term is trending up. -2
- The 10Y is 0.197. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
MRQ | 0.045 | TTM | 0.045 | 0.000 | |
TTM | 0.045 | YOY | 0.047 | -0.002 | |
TTM | 0.045 | 5Y | 0.038 | +0.007 | |
5Y | 0.038 | 10Y | 0.197 | -0.159 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Debt to Equity Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 0.180. trending down. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 0.198. trending down. +2
4.6. Market Valuation
4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio
- Above 15 is considered overpriced but always compare Ioneer to the Other Industrial Metals & Mining industry mean.
- A PE ratio of -123.72 means the investor is paying $-123.72 for every $1 in earnings.
Let's take a look of the Price to Earnings Ratio trends of ioneer Ltd:
Trends
- The YOY is -75.777. Compared to the TTM, the mid term is trending down. +2
- The 5Y is -133.496. Compared to the TTM, the 5Y term is trending up. -2
- The 10Y is -109.281. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | -90.972 | MRQ | -123.722 | +32.750 | |
MRQ | -123.722 | TTM | -123.722 | 0.000 | |
TTM | -123.722 | YOY | -75.777 | -47.945 | |
TTM | -123.722 | 5Y | -133.496 | +9.774 | |
5Y | -133.496 | 10Y | -109.281 | -24.215 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Price to Earnings Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -4.413. trending down. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -4.982. trending down. +2
4.6.2.2. Price To Free Cash Flow Ratio
Let's take a look of the Price To Free Cash Flow Ratio trends of ioneer Ltd:
- The EOD is -14.526. Based on how much money comes from the company's main activities, the company is expensive. -2
- The MRQ is -19.755. Based on how much money comes from the company's main activities, the company is expensive. -2
- The TTM is -19.755. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
- The YOY is -26.972. Compared to the TTM, the mid term is trending up. -2
- The 5Y is -20.791. Compared to the TTM, the 5Y term is trending up. -2
- The 10Y is -60.501. Compared to the 5Y term, the 10Y term is trending up. -2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | -14.526 | MRQ | -19.755 | +5.229 | |
MRQ | -19.755 | TTM | -19.755 | 0.000 | |
TTM | -19.755 | YOY | -26.972 | +7.217 | |
TTM | -19.755 | 5Y | -20.791 | +1.036 | |
5Y | -20.791 | 10Y | -60.501 | +39.710 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's priceToFreeCashFlowRatio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is -5.663. trending down. +2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is -6.113. trending down. +2
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio
- At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
- A PB ratio of 4.01 means the investor is paying $4.01 for each $1 in book value.
Let's take a look of the Price to Book Ratio trends of ioneer Ltd:
Trends
- The YOY is 4.695. Compared to the TTM, the mid term is trending down. +2
- The 5Y is 4.487. Compared to the TTM, the 5Y term is trending down. +2
- The 10Y is 80.357. Compared to the 5Y term, the 10Y term is trending down. +2
Current period | Compared to | +/- | |||
---|---|---|---|---|---|
EOD | 2.952 | MRQ | 4.015 | -1.063 | |
MRQ | 4.015 | TTM | 4.015 | 0.000 | |
TTM | 4.015 | YOY | 4.695 | -0.680 | |
TTM | 4.015 | 5Y | 4.487 | -0.472 | |
5Y | 4.487 | 10Y | 80.357 | -75.871 |
Compared to industry (Other Industrial Metals & Mining)
Let compare the company's Price to Book Ratio with the average (mean) in the Other Industrial Metals & Mining industry:
- The MRQ average (mean) in the Other Industrial Metals & Mining industry is 1.245. trending up. -2
- The TTM average (mean) in the Other Industrial Metals & Mining industry is 1.392. trending up. -2
4.6.2. Total Gains per Share
4.7 Holders & Insider Transactions
Let's take a look at which institutions, funds and insiders are holding shares of ioneer Ltd.
4.8.2. Funds holding ioneer Ltd
Date | Name | Total Shares | Total Assets | Current Shares | Change | % |
---|---|---|---|---|---|---|
2021-02-28 | Global X Fds-Global X Lithium & Battery Tech ETF | 1.48 | - | 27994995 | - | - |
2021-01-31 | DFA Asia Pacific Small Company Series | 0.02 | - | 330187 | - | - |
2021-01-31 | DFA International Sustainability Core 1 Portfolio | 0.01 | - | 197318 | - | - |
Total | 1.51 | 0 | 28522500 | 0 | 0.0% |
5. Financial Statements
5.1. Reversals in quarterly reports
I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.
5.2. Latest Balance Sheet
Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.
Summary
As reported | |
---|---|
Total Liabilities | 8,899 |
Total Stockholder Equity | + 196,939 |
Total Assets | = 205,839 |
Assets
Total Current Assets
Long-term Assets
Property Plant Equipment | 722 |
Long-term Assets Other | 151,872 |
Long-term Assets (as reported) | 152,900 |
---|---|
Long-term Assets (calculated) | 152,594 |
+/- | 306 |
Liabilities & Shareholders' Equity
Total Current Liabilities
Long-term Liabilities
Long term Debt Total | 78 |
Long-term Liabilities (as reported) | 78 |
---|---|
Long-term Liabilities (calculated) | 78 |
+/- | 0 |
Other
5.3. Balance Sheets Structured
Currency in AUD. All numbers in thousands.
Trend | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
> Total Assets |
| 205,839 | 212,622 | 148,949 | 92,722 | 68,884 | 70,344 | 9,553 | 436 | 1,955 | 3,446 | 6,119 | 8,293 | 9,239 | 3,392 | 2,272 | 3,755 | 3,048 | 77 | ||||||||||||||||||
> Total Current Assets |
| 52,938 | 94,046 | 62,643 | 26,556 | 34,199 | 59,362 | 5,698 | 279 | 37 | 349 | 613 | 952 | 1,836 | 1,030 | 729 | 2,489 | 2,456 | 0 | ||||||||||||||||||
Cash And Cash Equivalents |
| 52,586 | 93,900 | 62,374 | 26,516 | 33,976 | 59,283 | 5,669 | 267 | 26 | 261 | 584 | 790 | 1,687 | 871 | 710 | 2,438 | 2,429 | 11 | ||||||||||||||||||
Net Receivables |
| 245 | 118 | 22 | 40 | 223 | 78 | 28 | 11 | 3 | 75 | 28 | 148 | 133 | 148 | 9 | 40 | 26 | 60 | ||||||||||||||||||
Inventory |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6 | -81 | -13 | 0 | 1 | -2 | -2 | -1 | 0 | 0 | ||||||||||||||||||
> Long-term Assets |
| 152,900 | 118,576 | 86,305 | 66,166 | 34,685 | 10,982 | 3,855 | 157 | 1,918 | 3,097 | 5,506 | 7,341 | 7,404 | 2,362 | 1,543 | 1,265 | 593 | 0 | ||||||||||||||||||
Property Plant Equipment |
| 722 | 245 | 234 | 229 | 29 | 3 | 2 | 11 | 1,896 | 3,075 | 5,457 | 7,130 | 6,844 | 2,334 | 1,514 | 1,235 | 580 | 1 | ||||||||||||||||||
Long Term Investments |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Intangible Assets |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 13 | 0 | ||||||||||||||||||
Other Assets |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 0 | 45 | 0 | 0 | 0 | ||||||||||||||||||
> Total Liabilities |
| 8,899 | 9,517 | 5,507 | 2,614 | 2,017 | 1,049 | 173 | 276 | 15 | 60 | 67 | 322 | 155 | 104 | 12 | 96 | 154 | 95 | ||||||||||||||||||
> Total Current Liabilities |
| 8,821 | 9,431 | 5,448 | 2,334 | 2,017 | 1,049 | 173 | 276 | 15 | 60 | 67 | 322 | 155 | 104 | 12 | 96 | 154 | 95 | ||||||||||||||||||
Short-term Debt |
| 134 | 167 | 188 | 142 | 141 | 0 | 0 | 99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Accounts payable |
| 8,321 | 8,768 | 4,101 | 1,079 | 1,560 | 835 | 111 | 82 | 3 | 42 | 67 | 322 | 155 | 104 | 12 | 96 | 83 | 9 | ||||||||||||||||||
Other Current Liabilities |
| 367 | 496 | 1,158 | 1,113 | 456 | 215 | 62 | 193 | 12 | 18 | 0 | 0 | 0 | 0 | 0 | 0 | 71 | 85 | ||||||||||||||||||
> Long-term Liabilities |
| 78 | 87 | 59 | 280 | 278 | 833 | 0 | 0 | 0 | 0 | 67 | 322 | 155 | 104 | 12 | 96 | 0 | 0 | ||||||||||||||||||
Long term Debt Total |
| 78 | 126 | 79 | 128 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
Other Liabilities |
| 0 | 0 | 0 | 276 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||
> Total Stockholder Equity |
| 196,939 | 203,104 | 143,442 | 90,109 | 66,868 | 69,295 | 9,380 | 160 | 1,940 | 3,386 | 6,051 | 7,971 | 9,084 | 3,288 | 2,260 | 3,658 | 3,048 | 0 | ||||||||||||||||||
Retained Earnings | -52,405 | -38,497 | -32,589 | -22,922 | -19,318 | -19,648 | -18,524 | -12,152 | -6,725 | -9,281 | -5,152 | -5,212 | -4,157 | -2,139 | -1,357 | -1,453 | -905 | 0 | |||||||||||||||||||
Accumulated Other Comprehensive Income |
| -5,425 | 9,552 | 2,802 | 6,816 | 7,185 | 6,170 | 5,048 | 351 | 274 | 410 | 672 | 825 | 910 | 392 | 284 | 367 | 288 | 0 | ||||||||||||||||||
Capital Surplus | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
5.4. Balance Sheets
Currency in AUD. All numbers in thousands.
5.5. Cash Flows
Currency in AUD. All numbers in thousands.
5.6. Income Statements
Currency in AUD. All numbers in thousands.
5.7. Latest Income Statement
Income Statement (annual), 2023-06-30. Currency in AUD. All numbers in thousands.
Gross Profit (+$) | ||
---|---|---|
totalRevenue | 0 | |
Cost of Revenue | -51 | |
Gross Profit | -51 | -51 |
Operating Income (+$) | ||
Gross Profit | -51 | |
Operating Expense | -9,477 | |
Operating Income | -9,528 | -9,528 |
Operating Expense (+$) | ||
Research Development | - | |
Selling General Administrative | 6,375 | |
Selling And Marketing Expenses | 3,102 | |
Operating Expense | 9,477 | 9,477 |
Net Interest Income (+$) | ||
Interest Income | 3,285 | |
Interest Expense | -16 | |
Other Finance Cost | -1,775 | |
Net Interest Income | 1,494 | |
Pretax Income (+$) | ||
Operating Income | -9,528 | |
Net Interest Income | 1,494 | |
Other Non-Operating Income Expenses | - | |
Income Before Tax (EBT) | -6,310 | -12,747 EBIT - interestExpense = -9,545 -6,310 -6,294 |
Interest Expense | 16 | |
Earnings Before Interest and Taxes (EBIT) | -9,529 | -6,294 |
Earnings Before Interest and Taxes (EBITDA) | -9,477 | |
After tax Income (+$) | ||
Income Before Tax | -6,310 | |
Tax Provision | -0 | |
Net Income From Continuing Ops | -6,391 | -6,310 |
Net Income | -6,310 | |
Net Income Applicable To Common Shares | -6,391 | |
Non-recurring Events | ||
Discontinued Operations | - | |
Extraordinary Items | - | |
Effect of Accounting Charges | - | |
Other Items | - | |
Non Recurring | - | |
Other Operating Expenses | 9,528 | |
Total Other Income/Expenses Net | 3,219 | -1,494 |
Technical Analysis of Ioneer
The psychology behind the price
Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.
General trend
First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ioneer. The general trend of Ioneer is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ioneer's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.
Indicator phases
Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:
Indicator State | Bullish trend | Bearish trend | |
---|---|---|---|
Overbought to neutral | Bullish pullback | = | Bearish reversal |
Upper to lower neutral | Bullish correction | = | Bearish continuation |
Nuetral to oversold | Oversold | = | Oversold |
Oversold to neutral | Bullish reversal | = | Bearish correction |
Lower to upper neutral | Bullish continuation | = | Bearish pullback |
Nuetral to overbought | Overbought | = | Overbought |
1. Price Targets
1.1 Support & Resistance
Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.
Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.
Score
Let's take a look at the Support & Resistance of ioneer Ltd.
The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).
- Between support/resistance: The price is trading between support and resistance lines.
The bullish price targets are: 0.31 < 0.355 < 0.355.
The bearish price targets are: 0.26 > 0.255 > 0.255.
Tweet this2. Trend Indicators
2.1 Moving Averages
- Moving averages are lagging trend indicators.
- There are many types of moving averages.
- Moving averages are also used within other indicators.
Score
Let's take a look at the Moving Averages of ioneer Ltd. The current mas is .
Directionalities and relatives.
Moving Average | Amount of candles | Trend | Price +/- | vs. MA 50 | vs. MA 100 | vs. MA 200 |
---|
Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I
2.2 Moving Average Convergence/Divergence (MACD)
- MACD is a lagging momentum indicator.
- Uses two moving averages.
- Can show buy or sell signals based on momentum.
- Can show overbought. and oversold. levels.
Score
Let's take a look at the Moving Average Convergence/Divergence (MACD) of ioneer Ltd.
2.3 Directional Movement Index (DMI)
The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.
Score
Let's take a look at the Directional Movement Index (DMI) of ioneer Ltd. The current adx is .
2.4 Parabolic SAR
- Parabolic SAR (stop and reverse) is a lagging trend indicator.
- Shows the current trend.
- Shows potential entry signals.
- Shows potential exit signals.
- Can be used to place trailing stoplosses..
Score
Let's take a look at the Parabolic SAR of ioneer Ltd.
3. Momentum Indicators
3.1 Relative Strength Index (RSI)
- Leading momentum indicator, meaning the signals are instant.
- Ranges between 0 and 100.
- Above 70 is considered overbought.
- Below 30 is considered oversold.
- Above or below 50 can also be used to determine price trend or support and resistance.
- RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
- Can be used in many different ways
Score
Let's take a look at the Relative Strength Index (RSI) of ioneer Ltd.