Intrepid Potash (IPI) Financial Statements
Price: $28.88
Market Cap: $381.98M
Avg Volume: 158.90K
Market Cap: $381.98M
Avg Volume: 158.90K
Country: US
Industry: Agricultural Inputs
Sector: Basic Materials
Industry: Agricultural Inputs
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Intrepid Potash.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $254.69M | $279.08M | $337.57M | $270.33M | $196.95M | $220.07M | $208.27M | $157.61M | $210.95M | $287.18M |
| Cost of Revenue | $225.61M | $242.24M | $196.16M | $214.57M | $186.42M | $176.60M | $170.00M | $151.83M | $240.19M | $302.66M |
| Gross Profit | $29.08M | $36.85M | $141.41M | $55.76M | $10.53M | $43.48M | $38.27M | $5.78M | $-29.25M | $-15.48M |
| Gross Profit Ratio | 11.42% | 13.20% | 41.89% | 20.60% | 5.35% | 19.76% | 18.38% | 3.67% | -13.86% | -5.39% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $530.00K | $1.69M | $2.60M | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $20.44M | $19.46M | $20.03M | $- |
| Selling General and Administrative Expenses | $32.97M | $32.42M | $31.80M | $24.00M | $25.48M | $23.56M | $20.44M | $19.46M | $20.03M | $27.49M |
| Other Expenses | $1.33M | $48.39M | $6.70M | $2.04M | $2.47M | $3.56M | $142.00K | $397.00K | $1.12M | $575.00K |
| Operating Expenses | $34.30M | $80.81M | $38.50M | $26.03M | $27.95M | $27.12M | $22.78M | $19.92M | $22.74M | $30.52M |
| Cost and Expenses | $259.91M | $323.05M | $234.66M | $240.60M | $214.37M | $203.72M | $192.78M | $171.75M | $262.93M | $333.18M |
| Interest Income | $1.71M | $298.00K | $176.00K | $1.47M | $4.29M | $3.03M | $110.00K | $6.00K | $286.00K | $763.00K |
| Interest Expense | $-112.00K | $- | $101.00K | $1.47M | $4.29M | $3.03M | $3.85M | $11.69M | $11.62M | $6.35M |
| Depreciation and Amortization | $- | $41.54M | $36.99M | $37.81M | $37.85M | $36.13M | $33.88M | $34.77M | $42.68M | $87.68M |
| EBITDA | $-5.21M | $-2.52M | $133.60M | $80.25M | $14.99M | $52.84M | $51.00M | $21.11M | $-13.69M | $-280.78M |
| EBITDA Ratio | -2.05% | -0.90% | 40.00% | 24.32% | 9.69% | 23.20% | 23.03% | 13.34% | -3.74% | 14.98% |
| Operating Income | $-5.21M | $-43.97M | $95.44M | $32.27M | $-17.04M | $16.36M | $15.49M | $-14.40M | $-57.78M | $-369.79M |
| Operating Income Ratio | -2.05% | -15.75% | 28.27% | 11.94% | -8.65% | 7.43% | 7.44% | -9.14% | -27.39% | -128.76% |
| Total Other Income Expenses Net | $-13.30M | $-93.00K | $1.07M | $8.69M | $-3.90M | $-2.68M | $-3.60M | $-11.29M | $-10.21M | $-5.01M |
| Income Before Tax | $-18.51M | $-44.06M | $96.51M | $40.97M | $-27.15M | $13.68M | $11.89M | $-25.69M | $-68.00M | $-374.80M |
| Income Before Tax Ratio | -7.27% | -15.79% | 28.59% | 15.15% | -13.78% | 6.22% | 5.71% | -16.30% | -32.23% | -130.51% |
| Income Tax Expense | $194.33M | $-8.39M | $24.29M | $-208.87M | $5.00K | $53.00K | $108.00K | $-2.78M | $-1.36M | $149.97M |
| Net Income | $-212.84M | $-35.67M | $72.22M | $249.83M | $-27.15M | $13.63M | $11.78M | $-22.91M | $-66.63M | $-524.78M |
| Net Income Ratio | -83.57% | -12.78% | 21.39% | 92.42% | -13.79% | 6.19% | 5.66% | -14.54% | -31.59% | -182.73% |
| EPS | $-16.53 | $-2.80 | $5.49 | $19.07 | $-2.09 | $1.06 | $0.92 | $-2.03 | $-8.82 | $-69.35 |
| EPS Diluted | $-16.53 | $-2.80 | $5.37 | $18.66 | $-2.09 | $1.04 | $0.90 | $-1.98 | $-8.79 | $-69.35 |
| Weighted Average Shares Outstanding | 12.88M | 12.76M | 13.15M | 13.10M | 12.99M | 12.90M | 12.81M | 11.28M | 7.55M | 7.57M |
| Weighted Average Shares Outstanding Diluted | 12.88M | 12.76M | 13.45M | 13.39M | 12.99M | 13.11M | 13.10M | 11.57M | 7.58M | 7.57M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $41.31M | $4.07M | $18.51M | $36.45M | $19.52M | $20.60M | $33.22M | $1.07M | $4.46M | $9.31M |
| Short Term Investments | $989.00K | $2.97M | $5.96M | $- | $- | $- | $- | $- | $- | $50.52M |
| Cash and Short Term Investments | $42.30M | $7.04M | $24.47M | $36.45M | $19.52M | $20.60M | $33.22M | $1.07M | $4.46M | $59.83M |
| Net Receivables | $763.00K | $23.45M | $27.53M | $36.40M | $24.37M | $25.00M | $25.76M | $17.78M | $20.03M | $24.94M |
| Inventory | $112.97M | $114.25M | $114.82M | $78.86M | $88.67M | $94.22M | $82.05M | $83.13M | $94.36M | $106.53M |
| Other Current Assets | $27.73M | $7.20M | $4.86M | $5.14M | $3.23M | $5.52M | $4.33M | $9.51M | $4.90M | $4.41M |
| Total Current Assets | $183.76M | $151.94M | $171.68M | $156.85M | $135.79M | $145.34M | $145.36M | $111.95M | $123.74M | $195.80M |
| Property Plant Equipment Net | $344.34M | $358.25M | $375.63M | $341.12M | $355.50M | $378.51M | $346.21M | $364.54M | $388.49M | $419.48M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $19.18M | $24.10M | $19.18M | $19.18M | $19.18M | $19.18M | $2.31M | $- | $- | $- |
| Goodwill and Intangible Assets | $19.18M | $24.10M | $19.18M | $19.18M | $19.18M | $19.18M | $2.31M | $- | $- | $- |
| Long Term Investments | $3.57M | $6.63M | $9.84M | $519.00K | $519.00K | $486.00K | $482.00K | $481.00K | $3.50M | $3.80M |
| Tax Assets | $- | $194.22M | $185.75M | $209.07M | $-519.00K | $-486.00K | $-2.79M | $- | $- | $- |
| Other Non-Current Assets | $43.66M | $33.33M | $32.12M | $40.15M | $39.72M | $35.40M | $33.66M | $34.09M | $25.17M | $21.41M |
| Total Non-Current Assets | $410.76M | $616.53M | $622.52M | $610.04M | $414.40M | $433.10M | $379.87M | $399.11M | $417.16M | $444.69M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $594.52M | $768.47M | $794.20M | $766.89M | $550.19M | $578.44M | $525.23M | $511.05M | $540.90M | $640.48M |
| Account Payables | $8.62M | $12.85M | $18.64M | $9.07M | $7.28M | $9.99M | $9.13M | $11.13M | $10.24M | $15.75M |
| Short Term Debt | $- | $2.35M | $- | $- | $13.31M | $42.00M | $- | $13.90M | $- | $- |
| Tax Payables | $- | $40.00K | $8.00K | $41.00K | $- | $50.00K | $914.00K | $854.00K | $1.54M | $1.56M |
| Deferred Revenue | $- | $- | $2.37M | $33.79M | $17.12M | $18.25M | $11.68M | $513.00K | $- | $3.71M |
| Other Current Liabilities | $29.39M | $31.23M | $30.22M | $64.31M | $46.62M | $35.40M | $24.73M | $11.60M | $12.34M | $21.82M |
| Total Current Liabilities | $38.00M | $46.47M | $48.88M | $73.42M | $67.22M | $87.44M | $34.78M | $37.49M | $24.12M | $39.14M |
| Long Term Debt | $2.62M | $6.19M | $2.21M | $1.88M | $46.88M | $33.78M | $49.64M | $49.44M | $133.43M | $149.49M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $185.75M | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $79.51M | $31.39M | $28.04M | $28.19M | $24.83M | $22.56M | $23.55M | $21.58M | $19.98M | $24.82M |
| Total Non-Current Liabilities | $82.12M | $37.58M | $30.25M | $30.07M | $71.71M | $56.34M | $73.19M | $71.02M | $153.41M | $174.82M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $120.13M | $84.05M | $79.12M | $103.49M | $138.93M | $143.78M | $107.97M | $108.50M | $177.53M | $213.96M |
| Preferred Stock | $- | $- | $0 | $0 | $- | $- | $- | $- | $0 | $- |
| Common Stock | $- | $13.00K | $13.00K | $13.00K | $13.00K | $130.00K | $129.00K | $128.00K | $76.00K | $76.00K |
| Retained Earnings | $-172.06M | $40.79M | $76.46M | $4.24M | $-245.59M | $-218.44M | $-232.07M | $-243.39M | $-220.36M | $-153.72M |
| Accumulated Other Comprehensive Income Loss | $- | $0 | $-0 | $-0 | $0 | $- | $-0 | $- | $-0 | $-52.00K |
| Other Total Stockholders Equity | $646.45M | $643.62M | $638.60M | $659.15M | $656.84M | $653.08M | $649.20M | $645.81M | $583.65M | $580.23M |
| Total Stockholders Equity | $474.39M | $684.43M | $715.08M | $663.40M | $411.26M | $434.66M | $417.26M | $402.55M | $363.37M | $426.53M |
| Total Equity | $474.39M | $684.43M | $715.08M | $663.40M | $411.26M | $434.66M | $417.26M | $402.55M | $363.37M | $426.53M |
| Total Liabilities and Stockholders Equity | $594.52M | $768.47M | $794.20M | $766.89M | $550.19M | $578.44M | $525.23M | $511.05M | $540.90M | $640.48M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $594.52M | $768.47M | $794.20M | $766.89M | $550.19M | $578.44M | $525.23M | $511.05M | $540.90M | $640.48M |
| Total Investments | $4.56M | $9.60M | $15.80M | $519.00K | $519.00K | $486.00K | $482.00K | $481.00K | $3.50M | $54.32M |
| Total Debt | $2.62M | $8.54M | $2.21M | $1.88M | $56.88M | $73.59M | $49.64M | $63.34M | $133.43M | $150.00M |
| Net Debt | $-38.69M | $4.44M | $-16.31M | $-34.57M | $37.36M | $52.99M | $16.42M | $62.27M | $128.97M | $140.69M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-212.84M | $-35.67M | $72.22M | $249.83M | $-27.15M | $13.63M | $11.78M | $-22.91M | $-66.63M | $-524.78M |
| Depreciation and Amortization | $37.69M | $36.21M | $35.03M | $35.96M | $36.11M | $34.34M | $732.00K | $1.78M | $2.11M | $443.92M |
| Deferred Income Tax | $194.22M | $- | $23.32M | $-10.55M | $-3.68M | $420.00K | $33.22M | $44.08M | $61.55M | $150.10M |
| Stock Based Compensation | $3.58M | $6.53M | $6.15M | $3.01M | $3.82M | $4.28M | $4.18M | $3.62M | $3.60M | $5.08M |
| Change in Working Capital | $- | $-21.62M | $-35.34M | $-201.36M | $15.99M | $-7.16M | $11.94M | $-14.14M | $-21.50M | $-53.48M |
| Accounts Receivables | $134.00K | $3.85M | $8.67M | $-12.62M | $1.16M | $1.34M | $-7.48M | $-5.60M | $-600.00K | $18.82M |
| Inventory | $3.96M | $6.49M | $-33.28M | $7.36M | $-291.00K | $-11.53M | $-67.00K | $-6.74M | $-12.24M | $-55.19M |
| Accounts Payables | $- | $1.28M | $-3.60M | $13.46M | $2.33M | $2.28M | $1.74M | $-3.81M | $-12.39M | $-5.55M |
| Other Working Capital | $232.83M | $-33.24M | $-7.13M | $-209.56M | $12.79M | $750.00K | $17.75M | $2.01M | $3.73M | $-11.56M |
| Other Non Cash Items | $49.84M | $57.77M | $-12.57M | $2.17M | $6.06M | $3.87M | $2.38M | $4.79M | $2.59M | $1.85M |
| Net Cash Provided by Operating Activities | $72.50M | $43.23M | $88.82M | $79.07M | $31.14M | $49.38M | $64.24M | $17.21M | $-18.27M | $22.69M |
| Investments in Property Plant and Equipment | $- | $-65.06M | $-68.70M | $-19.79M | $-16.44M | $-80.71M | $-16.89M | $-13.51M | $-17.89M | $-46.02M |
| Acquisitions Net | $- | $- | $58.00K | $6.04M | $4.79M | $68.00K | $110.00K | $5.65M | $- | $- |
| Purchases of Investments | $- | $-1.42M | $-13.05M | $-1.08M | $-3.50M | $- | $- | $- | $-10.32M | $-78.57M |
| Sales Maturities of Investments | $3.00M | $6.00M | $2.51M | $-6.04M | $-4.79M | $- | $- | $1.00K | $60.73M | $45.01M |
| Other Investing Activities | $-32.53M | $921.00K | $-10.48M | $6.04M | $4.79M | $-16.80M | $110.00K | $5.65M | $50.40M | $-33.56M |
| Net Cash Used for Investing Activities | $-29.53M | $-59.55M | $-79.18M | $-14.82M | $-15.16M | $-80.64M | $-16.78M | $-7.85M | $32.51M | $-79.58M |
| Debt Repayment | $-4.94M | $3.40M | $- | $-46.08M | $-15.07M | $19.82M | $-14.30M | $-74.10M | $-15.00M | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $59.13M | $- | $- |
| Common Stock Repurchased | $- | $-1.51M | $-22.01M | $-791.00K | $-172.00K | $-540.00K | $-903.00K | $- | $-173.00K | $-1.04M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-775.00K | $-1.51M | $-5.69M | $-1.21M | $-1.97M | $-482.00K | $-96.00K | $-789.00K | $-4.08M | $-1.40M |
| Net Cash Used Provided by Financing Activities | $-5.72M | $1.89M | $-27.70M | $-47.28M | $-17.04M | $18.80M | $-15.30M | $-15.76M | $-19.08M | $-1.40M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $37.25M | $-14.43M | $-18.06M | $16.96M | $-1.05M | $-12.46M | $32.16M | $-3.40M | $-4.84M | $-58.28M |
| Cash at End of Period | $41.90M | $4.65M | $19.08M | $37.15M | $20.18M | $21.24M | $33.70M | $1.07M | $4.46M | $9.31M |
| Cash at Beginning of Period | $4.65M | $19.08M | $37.15M | $20.18M | $21.24M | $33.70M | $1.55M | $4.46M | $9.31M | $67.59M |
| Operating Cash Flow | $72.50M | $43.23M | $88.82M | $79.07M | $31.14M | $49.38M | $64.24M | $17.21M | $-18.27M | $22.69M |
| Capital Expenditure | $- | $-65.06M | $-68.70M | $-19.79M | $-16.44M | $-80.71M | $-16.89M | $-13.51M | $-17.89M | $-46.02M |
| Free Cash Flow | $72.50M | $-21.83M | $20.12M | $59.28M | $14.70M | $-31.33M | $47.35M | $3.71M | $-36.16M | $-23.33M |