Intrepid Potash (IPI) Financials

$37.26 -0.30 (-0.79%)

As of 11:21 AM Eastern

Annual Income Statements for Intrepid Potash

This table shows Intrepid Potash's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	-213	-36	72
Consolidated Net Income / (Loss)	-213	-36	72
Net Income / (Loss) Continuing Operations	-213	-36	72
Total Pre-Tax Income	-19	-44	97
Total Operating Income	-20	-44	95
Total Gross Profit	29	37	141
Total Revenue	255	279	338
Operating Revenue	255	279	338
Total Cost of Revenue	226	242	196
Operating Cost of Revenue	226	242	196
Total Operating Expenses	49	81	46
Selling, General & Admin Expense	33	32	32
Other Operating Expenses / (Income)	3.31	4.30	6.70
Impairment Charge	11	43	0.00
Other Special Charges / (Income)	1.95	0.81	7.47
Total Other Income / (Expense), net	1.35	-0.09	1.07
Interest Expense	0.11	0.00	0.10
Interest & Investment Income	1.41	-0.19	0.87
Other Income / (Expense), net	0.05	0.10	0.31
Income Tax Expense	194	-8.39	24
Basic Earnings per Share	($16.53)	($2.80)	$5.49
Weighted Average Basic Shares Outstanding	12.88M	12.76M	13.15M
Diluted Earnings per Share	($16.53)	($2.80)	$5.37
Weighted Average Diluted Shares Outstanding	12.88M	12.76M	13.45M
Weighted Average Basic & Diluted Shares Outstanding	13.23M	13.14M	12.97M

This table shows Intrepid Potash's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-207	-1.83	-0.83	-3.13	-37	-7.20	4.31	4.51	3.98	13
Consolidated Net Income / (Loss)	-207	-1.83	-0.83	-3.13	-37	-7.20	4.31	4.51	3.98	13
Net Income / (Loss) Continuing Operations	-207	-1.83	-0.83	-3.13	-37	-7.20	4.31	4.51	3.98	13
Total Pre-Tax Income	-12	-1.84	-1.14	-3.91	-48	-9.11	6.33	6.29	6.14	18
Total Operating Income	-12	-2.22	-1.63	-4.31	-47	-9.17	7.27	5.37	6.13	17
Total Gross Profit	7.29	7.73	7.62	6.43	4.62	0.49	15	16	26	27
Total Revenue	56	58	62	79	57	54	81	87	67	75
Operating Revenue	56	58	62	79	57	54	81	87	67	75
Total Cost of Revenue	49	50	54	73	52	54	66	71	41	48
Operating Cost of Revenue	49	50	54	73	52	54	66	71	41	48
Total Operating Expenses	19	9.96	9.25	11	52	9.66	8.11	11	20	9.32
Selling, General & Admin Expense	4.83	9.69	8.82	9.62	5.09	9.06	8.03	10	9.24	8.55
Other Operating Expenses / (Income)	5.22	-0.75	-0.64	-0.51	3.65	0.01	0.10	0.54	3.99	0.76
Impairment Charge	7.63	0.87	0.83	1.38	43	0.52	0.00	0.00	-	0.00
Other Special Charges / (Income)	1.33	0.13	0.24	0.25	0.56	0.06	-0.01	0.20	6.29	0.01
Total Other Income / (Expense), net	0.07	0.38	0.49	0.40	-0.13	0.05	-0.94	0.92	0.01	0.56
Interest & Investment Income	0.34	0.25	0.43	0.39	-0.15	0.03	-0.98	0.91	0.01	0.84
Other Income / (Expense), net	-0.16	0.14	0.06	0.01	0.02	0.02	0.04	0.01	0.02	-0.26
Income Tax Expense	195	-0.01	-0.30	-0.78	-10	-1.92	2.02	1.79	2.16	4.90
Basic Earnings per Share	($16.09)	($0.14)	($0.06)	($0.24)	($2.93)	($0.56)	$0.34	$0.35	$0.32	$0.99
Weighted Average Basic Shares Outstanding	12.88M	12.91M	12.89M	12.82M	12.76M	12.79M	12.77M	12.69M	13.15M	13.26M
Diluted Earnings per Share	($16.09)	($0.14)	($0.06)	($0.24)	($2.92)	($0.56)	$0.33	$0.35	$0.35	$0.97
Weighted Average Diluted Shares Outstanding	12.88M	12.91M	12.89M	12.82M	12.76M	12.79M	12.86M	12.88M	13.45M	13.49M
Weighted Average Basic & Diluted Shares Outstanding	13.23M	13.16M	13.28M	13.27M	13.14M	13.16M	13.16M	13.16M	12.97M	13.49M

This table details how cash moves in and out of Intrepid Potash's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	37	-14	-18
Net Cash From Operating Activities	72	43	89
Net Cash From Continuing Operating Activities	72	43	89
Net Income / (Loss) Continuing Operations	-213	-36	72
Consolidated Net Income / (Loss)	-213	-36	72
Depreciation Expense	37	39	35
Amortization Expense	0.63	0.62	0.59
Non-Cash Adjustments To Reconcile Net Income	25	61	17
Changes in Operating Assets and Liabilities, net	222	-22	-35
Net Cash From Investing Activities	-30	-60	-79
Net Cash From Continuing Investing Activities	-30	-60	-79
Purchase of Property, Plant & Equipment	-39	-66	-82
Acquisitions	-0.20	0.00	0.00
Sale of Property, Plant & Equipment	4.84	0.13	0.06
Sale and/or Maturity of Investments	3.00	6.00	2.51
Other Investing Activities, net	1.54	0.80	0.00
Net Cash From Financing Activities	-5.72	1.89	-28
Net Cash From Continuing Financing Activities	-5.72	1.89	-28
Repayment of Debt	-4.00	-5.00	-1.01
Repurchase of Common Equity	0.00	0.00	-22
Issuance of Debt	0.00	9.00	0.00
Other Financing Activities, net	-1.72	-2.11	-4.69
Cash Interest Paid	0.50	0.41	0.11
Cash Income Taxes Paid	0.01	0.18	1.02

This table details how cash moves in and out of Intrepid Potash's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	3.28	-14	18	30	1.28	-14	6.71	-8.06	-31	-33
Net Cash From Operating Activities	7.56	-4.34	28	42	4.60	-0.32	30	8.45	20	-14
Net Cash From Continuing Operating Activities	7.56	-4.34	28	42	4.60	-0.32	30	8.45	20	-14
Net Income / (Loss) Continuing Operations	-207	-1.83	-0.83	-3.13	-37	-7.20	4.31	4.51	3.98	13
Consolidated Net Income / (Loss)	-207	-1.83	-0.83	-3.13	-37	-7.20	4.31	4.51	3.98	13
Depreciation Expense	10	9.03	8.59	9.30	11	10	8.89	9.29	9.43	8.36
Amortization Expense	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.15
Non-Cash Adjustments To Reconcile Net Income	14	2.84	4.82	3.98	49	6.35	3.52	1.98	9.05	1.29
Changes in Operating Assets and Liabilities, net	190	-15	15	31	-18	-9.76	14	-7.48	-2.91	-37
Net Cash From Investing Activities	-4.02	-9.10	-9.83	-6.58	-4.95	-16	-18	-20	-31	-15
Net Cash From Continuing Investing Activities	-4.02	-9.10	-9.83	-6.58	-4.95	-16	-18	-20	-31	-15
Purchase of Property, Plant & Equipment	-6.12	-9.61	-11	-12	-6.58	-17	-21	-22	-32	-16
Acquisitions	-0.20	-	-	0.00	-	-	-	0.00	-	-
Sale of Property, Plant & Equipment	0.18	0.01	0.06	4.60	-	0.04	0.02	0.07	0.01	-
Sale and/or Maturity of Investments	1.00	0.50	1.00	0.50	1.50	0.50	2.50	1.50	1.00	1.50
Other Investing Activities, net	1.12	-	0.42	0.00	0.13	0.16	0.51	0.00	-	-
Net Cash From Financing Activities	-0.26	-0.18	-0.32	-4.96	1.63	1.81	-5.47	3.92	-20	-3.81
Net Cash From Continuing Financing Activities	-0.26	-0.18	-0.32	-4.96	1.63	1.81	-5.47	3.92	-20	-3.81
Other Financing Activities, net	-0.26	-0.18	-0.32	-0.96	-0.37	-0.19	-0.47	-1.08	-0.43	-
Cash Interest Paid	0.12	0.10	0.10	0.19	0.12	0.11	0.11	0.06	0.05	0.02

This table presents Intrepid Potash's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	595	769	794
Total Current Assets	184	152	172
Cash & Equivalents	41	4.07	19
Short-Term Investments	0.99	2.97	5.96
Accounts Receivable	23	24	28
Inventories, net	113	114	115
Prepaid Expenses	5.27	7.20	4.86
Plant, Property, & Equipment, net	344	358	376
Total Noncurrent Assets	66	258	247
Long-Term Investments	3.57	6.63	9.84
Intangible Assets	19	19	19
Noncurrent Deferred & Refundable Income Taxes	0.00	194	186
Other Noncurrent Operating Assets	44	38	32
Total Liabilities & Shareholders' Equity	595	769	794
Total Liabilities	120	84	79
Total Current Liabilities	38	47	49
Short-Term Debt	0.00	0.00	0.00
Accounts Payable	8.62	13	19
Accrued Expenses	9.48	14	16
Current Deferred & Payable Income Tax Liabilities	0.00	0.00	0.01
Current Employee Benefit Liabilities	9.84	7.25	6.98
Other Current Liabilities	10	12	7.04
Total Noncurrent Liabilities	82	38	30
Long-Term Debt	0.00	4.00	0.00
Asset Retirement Reserve & Litigation Obligation	32	30	27
Noncurrent Deferred Revenue	45	0.00	-
Other Noncurrent Operating Liabilities	4.28	3.50	3.69
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	474	684	715
Total Preferred & Common Equity	474	684	715
Total Common Equity	474	684	715
Common Stock	668	666	661
Retained Earnings	-172	41	76
Treasury Stock	-22	-22	-22

This table presents Intrepid Potash's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	806	797	803	793	796	801	808
Total Current Assets	190	183	188	147	154	167	198
Cash & Equivalents	38	52	34	2.79	17	10	49
Short-Term Investments	1.98	2.46	2.97	3.46	3.46	4.96	4.97
Accounts Receivable	35	23	43	26	26	40	40
Inventories, net	110	102	103	108	104	107	97
Prepaid Expenses	5.78	3.83	5.53	5.55	3.74	4.43	6.56
Current Deferred & Refundable Income Taxes	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Plant, Property, & Equipment, net	355	354	355	403	401	388	359
Total Noncurrent Assets	261	260	260	243	242	246	251
Long-Term Investments	4.70	5.09	6.30	7.93	8.61	11	12
Intangible Assets	19	19	19	19	19	19	19
Noncurrent Deferred & Refundable Income Taxes	195	195	195	184	182	184	188
Other Noncurrent Operating Assets	42	40	39	32	32	32	33
Total Liabilities & Shareholders' Equity	806	797	803	793	796	801	808
Total Liabilities	126	115	121	72	70	81	79
Total Current Liabilities	43	33	39	38	38	44	49
Short-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable	8.92	7.17	11	8.76	12	15	14
Accrued Expenses	15	11	13	15	14	14	23
Current Deferred & Payable Income Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Current Employee Benefit Liabilities	12	6.86	6.30	8.05	5.92	6.18	8.16
Other Current Liabilities	7.73	8.10	8.75	6.87	5.80	8.84	3.85
Total Noncurrent Liabilities	82	81	81	34	32	36	30
Long-Term Debt	0.00	0.00	0.00	2.00	0.00	5.00	0.00
Asset Retirement Reserve & Litigation Obligation	32	31	31	28	28	27	27
Noncurrent Deferred Revenue	46	47	47	-	-	-	-
Other Noncurrent Operating Liabilities	4.44	3.37	3.29	4.00	4.31	4.35	3.12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	681	682	682	720	726	720	728
Total Preferred & Common Equity	681	682	682	720	726	720	728
Total Common Equity	681	682	682	720	726	720	728
Common Stock	668	667	666	664	663	661	659
Retained Earnings	35	37	38	78	85	81	72
Treasury Stock	-22	-22	-22	-22	-22	-22	-2.88

This table displays calculated financial ratios and metrics derived from Intrepid Potash's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-8.74%	-17.33%	24.87%
EBITDA Growth	535.59%	-103.18%	91.05%
EBIT Growth	54.84%	-145.82%	196.24%
NOPAT Growth	54.84%	-143.09%	-63.71%
Net Income Growth	-496.66%	-149.39%	-71.09%
EPS Growth	-490.36%	-152.14%	-71.22%
Operating Cash Flow Growth	67.70%	-51.33%	12.34%
Free Cash Flow Firm Growth	1,037.81%	-290.12%	-37.74%
Invested Capital Growth	-36.49%	-0.88%	9.38%
Revenue Q/Q Growth	-0.34%	-3.46%	-1.50%
EBITDA Q/Q Growth	206.64%	-108.68%	1.19%
EBIT Q/Q Growth	64.22%	-552.31%	1.30%
NOPAT Q/Q Growth	64.29%	-652.48%	-75.31%
Net Income Q/Q Growth	-394.02%	-737.36%	-75.28%
EPS Q/Q Growth	-391.96%	-695.74%	-75.64%
Operating Cash Flow Q/Q Growth	4.25%	-25.89%	0.07%
Free Cash Flow Firm Q/Q Growth	594.77%	38.18%	-67.63%
Invested Capital Q/Q Growth	-32.61%	-4.73%	2.74%
Profitability Metrics	-	-	-
Gross Margin	11.42%	13.20%	41.89%
EBITDA Margin	7.14%	-1.50%	38.82%
Operating Margin	-7.80%	-15.75%	28.27%
EBIT Margin	-7.78%	-15.72%	28.36%
Profit (Net Income) Margin	-83.57%	-12.78%	21.39%
Tax Burden Percent	1,149.77%	80.96%	74.83%
Interest Burden Percent	93.43%	100.43%	100.80%
Effective Tax Rate	0.00%	0.00%	25.17%
Return on Invested Capital (ROIC)	-2.52%	-4.54%	10.96%
ROIC Less NNEP Spread (ROIC-NNEP)	713.92%	17.72%	8.84%
Return on Net Nonoperating Assets (RNNOA)	-34.21%	-0.56%	-0.48%
Return on Equity (ROE)	-36.73%	-5.10%	10.48%
Cash Return on Invested Capital (CROIC)	42.12%	-3.66%	2.00%
Operating Return on Assets (OROA)	-2.91%	-5.61%	12.27%
Return on Assets (ROA)	-31.23%	-4.57%	9.25%
Return on Common Equity (ROCE)	-36.73%	-5.10%	10.48%
Return on Equity Simple (ROE_SIMPLE)	-44.87%	-5.21%	10.10%
Net Operating Profit after Tax (NOPAT)	-14	-31	71
NOPAT Margin	-5.46%	-11.03%	21.16%
Net Nonoperating Expense Percent (NNEP)	-716.44%	-22.26%	2.12%
Return On Investment Capital (ROIC_SIMPLE)	-2.93%	-4.47%	9.99%
Cost of Revenue to Revenue	88.58%	86.80%	58.11%
SG&A Expenses to Revenue	12.94%	11.62%	9.42%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.22%	28.96%	13.62%
Earnings before Interest and Taxes (EBIT)	-20	-44	96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	18	-4.17	131
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.61	0.46	0.54
Price to Tangible Book Value (P/TBV)	0.63	0.47	0.56
Price to Revenue (P/Rev)	1.13	1.13	1.15
Price to Earnings (P/E)	0.00	0.00	5.39
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	18.55%
Enterprise Value to Invested Capital (EV/IC)	0.57	0.45	0.52
Enterprise Value to Revenue (EV/Rev)	0.95	1.09	1.05
Enterprise Value to EBITDA (EV/EBITDA)	13.35	0.00	2.71
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	3.71
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	4.97
Enterprise Value to Operating Cash Flow (EV/OCF)	3.35	7.05	4.00
Enterprise Value to Free Cash Flow (EV/FCFF)	1.04	0.00	27.25
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.01	0.00
Long-Term Debt to Equity	0.00	0.01	0.00
Financial Leverage	-0.05	-0.03	-0.05
Leverage Ratio	1.18	1.12	1.13
Compound Leverage Factor	1.10	1.12	1.14
Debt to Total Capital	0.00%	0.58%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.58%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	99.42%	100.00%
Debt to EBITDA	0.00	-0.96	0.00
Net Debt to EBITDA	0.00	2.32	0.00
Long-Term Debt to EBITDA	0.00	-0.96	0.00
Debt to NOPAT	0.00	-0.13	0.00
Net Debt to NOPAT	0.00	0.31	0.00
Long-Term Debt to NOPAT	0.00	-0.13	0.00
Altman Z-Score	1.65	2.66	4.10
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	4.84	3.27	3.51
Quick Ratio	1.72	0.66	1.06
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	232	-25	13
Operating Cash Flow to CapEx	214.06%	65.15%	108.74%
Free Cash Flow to Firm to Interest Expense	2,074.43	0.00	129.02
Operating Cash Flow to Interest Expense	647.28	0.00	879.42
Operating Cash Flow Less CapEx to Interest Expense	344.89	0.00	70.65
Efficiency Ratios	-	-	-
Asset Turnover	0.37	0.36	0.43
Accounts Receivable Turnover	10.89	10.93	10.56
Inventory Turnover	1.99	2.12	2.03
Fixed Asset Turnover	0.73	0.76	0.94
Accounts Payable Turnover	21.02	15.38	14.16
Days Sales Outstanding (DSO)	33.52	33.40	34.56
Days Inventory Outstanding (DIO)	183.80	172.58	180.19
Days Payable Outstanding (DPO)	17.36	23.73	25.78
Cash Conversion Cycle (CCC)	199.95	182.25	188.96
Capital & Investment Metrics	-	-	-
Invested Capital	429	675	681
Invested Capital Turnover	0.46	0.41	0.52
Increase / (Decrease) in Invested Capital	-246	-6.00	58
Enterprise Value (EV)	243	305	355
Market Capitalization	289	314	389
Book Value per Share	$36.04	$52.02	$53.01
Tangible Book Value per Share	$34.58	$50.56	$51.59
Total Capital	474	688	715
Total Debt	0.00	4.00	0.00
Total Long-Term Debt	0.00	4.00	0.00
Net Debt	-46	-9.67	-34
Capital Expenditures (CapEx)	34	66	82
Debt-free, Cash-free Net Working Capital (DFCFNWC)	103	98	98
Debt-free Net Working Capital (DFNWC)	146	105	123
Net Working Capital (NWC)	146	105	123
Net Nonoperating Expense (NNE)	199	4.89	-0.80
Net Nonoperating Obligations (NNO)	-46	-9.67	-34
Total Depreciation and Amortization (D&A)	38	40	35
Debt-free, Cash-free Net Working Capital to Revenue	40.62%	35.27%	29.13%
Debt-free Net Working Capital to Revenue	57.23%	37.79%	36.38%
Net Working Capital to Revenue	57.23%	37.79%	36.38%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($16.53)	($2.80)	$5.49
Adjusted Weighted Average Basic Shares Outstanding	12.88M	12.76M	13.15M
Adjusted Diluted Earnings per Share	($16.53)	($2.80)	$5.37
Adjusted Weighted Average Diluted Shares Outstanding	12.88M	12.76M	13.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.23M	13.14M	12.97M
Normalized Net Operating Profit after Tax (NOPAT)	-5.04	0.09	77
Normalized NOPAT Margin	-1.98%	0.03%	22.81%
Pre Tax Income Margin	-7.27%	-15.79%	28.59%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-176.90	0.00	947.97
NOPAT to Interest Expense	-124.11	0.00	707.13
EBIT Less CapEx to Interest Expense	-479.29	0.00	139.21
NOPAT Less CapEx to Interest Expense	-426.50	0.00	-101.63
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	30.48%

This table displays calculated financial ratios and metrics derived from Intrepid Potash's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.52%	5.66%	-23.42%	-8.78%	-15.02%	-27.14%	-11.67%	-16.74%	-7.17%	26.37%
EBITDA Growth	96.51%	528.58%	-56.07%	-65.21%	-331.96%	-95.60%	-59.07%	-70.11%	10.90%	102.80%
EBIT Growth	74.99%	77.18%	-121.45%	-179.78%	-871.26%	-153.19%	-77.01%	-86.73%	24.95%	318.90%
NOPAT Growth	75.34%	75.75%	-123.05%	-178.33%	-935.81%	-150.51%	-79.14%	-87.60%	-98.23%	211.34%
Net Income Growth	-455.27%	74.53%	-119.35%	-169.46%	-1,036.41%	-154.90%	-81.84%	-85.66%	-98.22%	225.83%
EPS Growth	-451.03%	75.00%	-118.18%	-168.57%	-934.29%	-157.73%	-81.03%	-84.85%	-97.95%	223.33%
Operating Cash Flow Growth	64.18%	-1,244.27%	-9.03%	391.56%	-76.64%	97.71%	-37.91%	-75.23%	0.33%	-276.75%
Free Cash Flow Firm Growth	974.93%	236.01%	215.41%	192.45%	50.00%	77.97%	67.55%	63.25%	-212.17%	-602.04%
Invested Capital Growth	-36.49%	-10.22%	-10.60%	-8.64%	-0.88%	6.89%	10.80%	10.41%	9.38%	60.21%
Revenue Q/Q Growth	-3.03%	-7.26%	-21.73%	39.93%	4.04%	-32.79%	-6.77%	30.36%	-10.80%	-18.52%
EBITDA Q/Q Growth	-117.92%	-1.16%	39.24%	114.14%	-3,329.73%	-93.09%	10.28%	-5.72%	-38.79%	-35.69%
EBIT Q/Q Growth	-468.28%	-33.10%	63.52%	90.94%	-418.48%	-225.11%	35.72%	-12.39%	-64.24%	-45.93%
NOPAT Q/Q Growth	-426.36%	-36.55%	62.19%	90.92%	-417.62%	-229.76%	28.50%	-3.16%	-68.72%	-46.42%
Net Income Q/Q Growth	-11,195.64%	-120.05%	73.39%	91.61%	-418.18%	-267.15%	-4.46%	13.16%	-69.62%	-44.71%
EPS Q/Q Growth	-11,392.86%	-133.33%	75.00%	91.78%	-421.43%	-269.70%	-5.71%	0.00%	-63.92%	-44.25%
Operating Cash Flow Q/Q Growth	274.09%	-115.65%	-33.19%	802.09%	1,525.39%	-101.06%	260.98%	-57.13%	239.61%	-128.74%
Free Cash Flow Firm Q/Q Growth	236.20%	-2.60%	26.67%	310.94%	47.74%	17.35%	-1.47%	-14.09%	76.97%	-21.73%
Invested Capital Q/Q Growth	-32.61%	2.06%	-2.45%	-5.35%	-4.73%	1.63%	-0.31%	2.69%	2.74%	5.35%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	13.07%	13.44%	12.29%	8.11%	8.16%	0.90%	18.98%	18.81%	38.47%	35.81%
EBITDA Margin	-2.28%	12.34%	11.58%	6.51%	-64.41%	2.07%	20.19%	17.07%	23.60%	34.39%
Operating Margin	-20.97%	-3.86%	-2.62%	-5.43%	-83.73%	-16.83%	8.97%	6.18%	9.19%	23.35%
EBIT Margin	-21.25%	-3.63%	-2.53%	-5.42%	-83.70%	-16.79%	9.02%	6.20%	9.22%	23.00%
Profit (Net Income) Margin	-371.04%	-3.19%	-1.34%	-3.95%	-65.81%	-13.21%	5.31%	5.18%	5.97%	17.54%
Tax Burden Percent	1,780.30%	99.62%	73.26%	80.15%	78.39%	78.96%	68.03%	71.60%	64.85%	72.78%
Interest Burden Percent	98.06%	88.16%	72.51%	90.86%	100.31%	99.63%	86.55%	116.82%	99.85%	104.74%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	31.97%	28.40%	35.15%	27.22%
Return on Invested Capital (ROIC)	-6.78%	-1.03%	-0.70%	-1.54%	-24.13%	-4.97%	2.85%	2.13%	3.09%	10.82%
ROIC Less NNEP Spread (ROIC-NNEP)	709.35%	-0.05%	-1.40%	-1.18%	-5.60%	-2.97%	3.94%	0.51%	3.07%	9.94%
Return on Net Nonoperating Assets (RNNOA)	-34.00%	0.00%	0.09%	0.05%	0.18%	0.16%	-0.32%	-0.03%	-0.17%	-0.78%
Return on Equity (ROE)	-40.77%	-1.03%	-0.61%	-1.49%	-23.96%	-4.81%	2.53%	2.10%	2.92%	10.04%
Cash Return on Invested Capital (CROIC)	42.12%	4.98%	4.55%	3.42%	-3.66%	-5.85%	-6.40%	-3.26%	2.00%	7.48%
Operating Return on Assets (OROA)	-7.94%	-1.16%	-0.80%	-1.84%	-29.89%	-6.07%	3.47%	2.48%	3.99%	11.68%
Return on Assets (ROA)	-138.66%	-1.02%	-0.43%	-1.34%	-23.50%	-4.77%	2.05%	2.08%	2.58%	8.91%
Return on Common Equity (ROCE)	-40.77%	-1.03%	-0.61%	-1.49%	-23.96%	-4.81%	2.53%	2.10%	2.92%	10.04%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-6.33%	-7.10%	-6.35%	0.00%	0.78%	3.57%	6.29%	0.00%	40.10%
Net Operating Profit after Tax (NOPAT)	-8.19	-1.56	-1.14	-3.01	-33	-6.42	4.94	3.85	3.97	13
NOPAT Margin	-14.68%	-2.70%	-1.84%	-3.80%	-58.61%	-11.78%	6.10%	4.43%	5.96%	16.99%
Net Nonoperating Expense Percent (NNEP)	-716.13%	-0.97%	0.69%	-0.36%	-18.54%	-2.00%	-1.09%	1.62%	0.02%	0.89%
Return On Investment Capital (ROIC_SIMPLE)	-1.73%	-	-	-	-4.82%	-	-	-	0.56%	-
Cost of Revenue to Revenue	86.93%	86.56%	87.71%	91.89%	91.84%	99.10%	81.02%	81.19%	61.53%	64.19%
SG&A Expenses to Revenue	8.65%	16.84%	14.22%	12.14%	8.98%	16.64%	9.90%	11.78%	13.86%	11.44%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	34.04%	17.30%	14.91%	13.55%	91.89%	17.73%	10.01%	12.63%	29.28%	12.46%
Earnings before Interest and Taxes (EBIT)	-12	-2.09	-1.57	-4.30	-47	-9.15	7.31	5.39	6.15	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.27	7.10	7.19	5.16	-36	1.13	16	15	16	26
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.61	0.47	0.46	0.40	0.46	0.46	0.41	0.50	0.54	0.74
Price to Tangible Book Value (P/TBV)	0.63	0.48	0.47	0.41	0.47	0.47	0.42	0.51	0.56	0.76
Price to Revenue (P/Rev)	1.13	1.25	1.23	1.01	1.13	1.15	0.97	1.12	1.15	1.57
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	59.17	11.53	7.90	5.39	1.84
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	1.69%	8.68%	12.65%	18.55%	54.23%
Enterprise Value to Invested Capital (EV/IC)	0.57	0.43	0.40	0.36	0.45	0.45	0.39	0.48	0.52	0.71
Enterprise Value to Revenue (EV/Rev)	0.95	1.07	1.00	0.85	1.09	1.10	0.87	1.05	1.05	1.38
Enterprise Value to EBITDA (EV/EBITDA)	13.35	0.00	0.00	0.00	0.00	6.64	3.71	3.50	2.71	3.65
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	32.88	7.47	5.56	3.71	5.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	57.26	10.56	7.62	4.97	1.63
Enterprise Value to Operating Cash Flow (EV/OCF)	3.35	3.94	3.42	3.02	7.05	5.47	6.05	5.33	4.00	5.33
Enterprise Value to Free Cash Flow (EV/FCFF)	1.04	8.19	8.37	10.10	0.00	0.00	0.00	0.00	27.25	11.74
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.01	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.01	0.00	0.00
Financial Leverage	-0.05	-0.04	-0.06	-0.05	-0.03	-0.05	-0.08	-0.06	-0.05	-0.08
Leverage Ratio	1.18	1.14	1.13	1.14	1.12	1.10	1.11	1.13	1.13	1.16
Compound Leverage Factor	1.15	1.01	0.82	1.04	1.12	1.10	0.96	1.32	1.13	1.21
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.58%	0.28%	0.00%	0.69%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.58%	0.28%	0.00%	0.69%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	99.42%	99.72%	100.00%	99.31%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	-0.96	0.04	0.00	0.05	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	2.32	-0.25	0.00	-0.22	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	-0.96	0.04	0.00	0.05	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	-0.13	0.36	0.00	0.11	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.31	-2.19	0.00	-0.48	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	-0.13	0.36	0.00	0.11	0.00	0.00
Altman Z-Score	1.69	2.11	2.23	1.97	2.64	3.37	3.30	3.41	3.72	4.91
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.84	4.41	5.48	4.77	3.27	3.84	4.02	3.78	3.51	4.03
Quick Ratio	1.72	1.73	2.32	2.03	0.66	0.86	1.21	1.25	1.06	1.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	238	71	73	57	-27	-52	-63	-62	-54	-236
Operating Cash Flow to CapEx	127.26%	-45.21%	246.72%	586.86%	70.01%	-1.96%	142.99%	38.53%	62.04%	-86.66%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-3,400.96	-8,439.73
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,231.81	-504.18
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-753.63	-1,086.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.37	0.32	0.32	0.34	0.36	0.36	0.39	0.40	0.43	0.51
Accounts Receivable Turnover	10.89	8.33	10.35	6.53	10.93	8.66	10.35	6.88	10.56	8.96
Inventory Turnover	1.99	2.10	2.27	2.33	2.12	2.25	2.41	2.25	2.03	2.36
Fixed Asset Turnover	0.73	0.67	0.67	0.73	0.76	0.76	0.83	0.88	0.94	0.98
Accounts Payable Turnover	21.02	25.93	24.19	18.89	15.38	20.22	20.49	17.63	14.16	17.30
Days Sales Outstanding (DSO)	33.52	43.80	35.28	55.86	33.40	42.17	35.26	53.05	34.56	40.75
Days Inventory Outstanding (DIO)	183.80	173.58	161.06	156.53	172.58	162.02	151.21	162.44	180.19	154.59
Days Payable Outstanding (DPO)	17.36	14.08	15.09	19.32	23.73	18.05	17.82	20.70	25.78	21.09
Cash Conversion Cycle (CCC)	199.95	203.30	181.25	193.07	182.25	186.14	168.66	194.79	188.96	174.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	429	636	623	639	675	708	697	699	681	663
Invested Capital Turnover	0.46	0.38	0.38	0.41	0.41	0.42	0.47	0.48	0.52	0.64
Increase / (Decrease) in Invested Capital	-246	-72	-74	-60	-6.00	46	68	66	58	249
Enterprise Value (EV)	243	274	252	231	305	319	269	337	355	473
Market Capitalization	289	319	311	274	314	331	299	358	389	539
Book Value per Share	$36.04	$51.24	$51.42	$51.90	$52.02	$54.73	$55.18	$55.52	$53.01	$53.52
Tangible Book Value per Share	$34.58	$49.80	$49.97	$50.44	$50.56	$53.28	$53.72	$54.05	$51.59	$52.11
Total Capital	474	681	682	682	688	722	726	725	715	728
Total Debt	0.00	0.00	0.00	0.00	4.00	2.00	0.00	5.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	4.00	2.00	0.00	5.00	0.00	0.00
Net Debt	-46	-45	-59	-43	-9.67	-12	-29	-21	-34	-66
Capital Expenditures (CapEx)	5.94	9.60	11	7.08	6.58	17	21	22	32	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	103	107	96	112	98	102	95	107	98	95
Debt-free Net Working Capital (DFNWC)	146	147	150	149	105	108	116	123	123	149
Net Working Capital (NWC)	146	147	150	149	105	108	116	123	123	149
Net Nonoperating Expense (NNE)	199	0.28	-0.31	0.12	4.08	0.78	0.64	-0.66	-0.01	-0.41
Net Nonoperating Obligations (NNO)	-46	-45	-59	-43	-9.67	-12	-29	-21	-34	-66
Total Depreciation and Amortization (D&A)	11	9.19	8.75	9.46	11	10	9.05	9.45	9.59	8.51
Debt-free, Cash-free Net Working Capital to Revenue	40.62%	41.89%	37.87%	41.13%	35.27%	35.34%	30.70%	33.56%	29.13%	27.63%
Debt-free Net Working Capital to Revenue	57.23%	57.55%	59.31%	54.78%	37.79%	37.50%	37.37%	38.37%	36.38%	43.44%
Net Working Capital to Revenue	57.23%	57.55%	59.31%	54.78%	37.79%	37.50%	37.37%	38.37%	36.38%	43.44%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($16.09)	($0.14)	($0.06)	($0.24)	($2.93)	($0.56)	$0.34	$0.35	$0.32	$0.99
Adjusted Weighted Average Basic Shares Outstanding	12.88M	12.91M	12.89M	12.82M	12.76M	12.79M	12.77M	12.69M	13.15M	13.26M
Adjusted Diluted Earnings per Share	($16.09)	($0.14)	($0.06)	($0.24)	($2.92)	($0.56)	$0.33	$0.35	$0.35	$0.97
Adjusted Weighted Average Diluted Shares Outstanding	12.88M	12.91M	12.89M	12.82M	12.76M	12.79M	12.86M	12.88M	13.45M	13.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.23M	13.16M	13.28M	13.27M	13.14M	13.16M	13.16M	13.16M	12.97M	13.49M
Normalized Net Operating Profit after Tax (NOPAT)	-1.92	-0.85	-0.39	-1.87	-2.89	-6.01	4.94	3.99	8.06	13
Normalized NOPAT Margin	-3.45%	-1.48%	-0.63%	-2.36%	-5.09%	-11.04%	6.10%	4.59%	12.08%	17.00%
Pre Tax Income Margin	-20.84%	-3.20%	-1.83%	-4.93%	-83.95%	-16.73%	7.81%	7.24%	9.21%	24.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	384.31	614.14
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	248.35	453.67
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1,601.13	32.32
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1,737.09	-128.16
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	341.81%	84.99%	48.59%	30.48%	0.99%

Frequently Asked Questions About Intrepid Potash's Financials

When does Intrepid Potash's financial year end?

According to the most recent income statement we have on file, Intrepid Potash's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Intrepid Potash's net income changed over the last 2 years?

Intrepid Potash's net income appears to be on an upward trend, with a most recent value of -$212.85 million in 2024, falling from $72.22 million in 2022. The previous period was -$35.67 million in 2023. Check out Intrepid Potash's forecast to explore projected trends and price targets.

What is Intrepid Potash's operating income?

Intrepid Potash's total operating income in 2024 was -$19.86 million, based on the following breakdown:

Total Gross Profit: $29.08 million
Total Operating Expenses: $48.94 million

How has Intrepid Potash revenue changed over the last 2 years?

Over the last 2 years, Intrepid Potash's total revenue changed from $337.57 million in 2022 to $254.69 million in 2024, a change of -24.6%.

How much debt does Intrepid Potash have?

Intrepid Potash's total liabilities were at $120.13 million at the end of 2024, a 42.8% increase from 2023, and a 51.8% increase since 2022.

How much cash does Intrepid Potash have?

In the past 2 years, Intrepid Potash's cash and equivalents has ranged from $4.07 million in 2023 to $41.31 million in 2024, and is currently $41.31 million as of their latest financial filing in 2024.

How has Intrepid Potash's book value per share changed over the last 2 years?

Over the last 2 years, Intrepid Potash's book value per share changed from 53.01 in 2022 to 36.04 in 2024, a change of -32.0%.

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This page (NYSE:IPI) was last updated on 5/29/2025 by MarketBeat.com Staff

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Intrepid Potash (IPI) Financials

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Intrepid Potash (IPI) Financials

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