Intrepid Potash, Inc. - Understand $ipi stock

$IPI Market Cap: $356.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$255.6M

TTM

Gross Margin

10.5%

TTM

Net Earnings

-$43.08M

TTM

Current Assets

$190.3M

Q3 2024

Current Liabilities

$43.19M

Q3 2024

Current Ratio

440.51%

Q3 2024

Total Assets

$806.2M

Q3 2024

Total Liabilities

$125.6M

Q3 2024

Book Value

$680.6M

Q3 2024

Cash

$38.03M

Q3 2024

P/E

-8.274

Dec 02, 2024 EST

Free Cash Flow

$30.42M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$279.1M	$337.6M	$270.3M	$197.0M	$220.1M	$208.3M	$157.6M	$210.9M	$287.2M	$410.4M	$336.3M	$451.3M	$443.0M	$359.3M	$301.8M	$415.3M	$213.5M	$152.7M
YoY Change	-17.33%	24.87%	37.22%	-10.5%	5.66%	32.16%	-25.29%	-26.55%	-30.02%	22.03%	-25.48%	1.89%	23.28%	19.05%	-27.33%	94.52%	39.82%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$279.1M	$337.6M	$270.3M	$197.0M	$220.1M	$208.3M	$157.6M	$210.9M	$287.2M	$410.4M	$336.3M	$451.3M	$443.0M	$359.3M	$301.8M	$415.3M	$213.5M	$152.7M
Cost Of Revenue	$242.2M	$196.2M	$214.6M	$186.4M	$176.6M	$170.0M	$166.0M	$238.9M	$302.7M	$368.4M	$258.4M	$281.2M	$256.7M	$253.2M	$179.7M	$183.6M	$161.0M	$127.1M
Gross Profit	$36.85M	$141.4M	$55.76M	$10.53M	$43.48M	$38.27M	$11.89M	-$26.80M	-$15.48M	$42.00M	$77.92M	$170.1M	$186.2M	$106.1M	$122.1M	$231.7M	$52.50M	$25.70M
Gross Profit Margin	13.2%	41.89%	20.63%	5.35%	19.75%	18.37%	7.54%	-12.7%	-5.39%	10.24%	23.17%	37.7%	42.04%	29.52%	40.46%	55.79%	24.59%	16.83%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$32.42M	$31.80M	$24.00M	$25.48M	$23.56M	$20.44M	$18.92M	$20.03M	$27.49M	$27.22M	$33.77M	$33.75M	$31.81M	$29.12M	$28.38M	$28.90M	$16.00M	$10.10M
YoY Change	1.96%	32.51%	-5.8%	8.15%	15.26%	8.05%	-5.59%	-27.11%	0.97%	-19.38%	0.05%	6.11%	9.22%	2.63%	-1.82%	80.63%	58.42%
% of Gross Profit	88.0%	22.49%	43.03%	241.94%	54.18%	53.4%	159.11%			64.81%	43.34%	19.84%	17.08%	27.46%	23.24%	12.47%	30.48%	39.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$39.40M	$35.03M	$35.96M	$36.11M	$34.34M	$32.22M	$33.21M	$40.91M	$87.68M	$80.56M	$61.30M	$47.60M	$33.57M	$25.50M	$15.59M	$10.70M	$9.500M	$8.000M
YoY Change	12.47%	-2.57%	-0.42%	5.17%	6.58%	-2.99%	-18.83%	-53.34%	8.83%	31.41%	28.79%	41.78%	31.65%	63.62%	45.65%	12.63%	18.75%
% of Gross Profit	106.93%	24.77%	64.48%	342.92%	78.97%	84.18%	279.35%			191.79%	78.68%	27.98%	18.03%	24.04%	12.76%	4.62%	18.1%	31.13%
Operating Expenses	$36.72M	$31.80M	$24.00M	$25.48M	$23.56M	$20.44M	$18.92M	$20.03M	$27.49M	$27.22M	$33.77M	$33.75M	$31.81M	$29.12M	$28.38M	$29.60M	$16.50M	$10.50M
YoY Change	15.48%	32.51%	-5.8%	8.15%	15.26%	8.05%	-5.59%	-27.11%	0.97%	-19.38%	0.05%	6.11%	9.22%	2.63%	-4.14%	79.39%	57.14%
Operating Profit	$126.0K	$95.44M	$32.27M	-$23.24M	$16.36M	$15.49M	-$14.06M	-$55.33M	-$369.8M	$15.78M	$40.84M	$135.4M	$173.9M	$75.33M	$92.41M	$202.1M	$36.00M	$15.20M
YoY Change	-99.87%	195.74%	-238.84%	-242.08%	5.59%	-210.19%	-74.59%	-85.04%	-2443.41%	-61.36%	-69.84%	-22.13%	130.81%	-18.48%	-54.28%	461.39%	136.84%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	-$188.0K	$101.0K	$1.468M	$4.289M	$3.031M	$3.855M	$11.69M	$11.62M	$6.351M	$6.232M	$1.531M	$900.0K	$900.0K	-$700.0K	-$600.0K	-$4.600M	-$9.300M	-$2.900M
YoY Change	-286.14%	-93.12%	-65.77%	41.5%	-21.37%	-67.03%	0.6%	82.99%	1.91%	307.05%	70.11%	0.0%	-228.57%	16.67%	-86.96%	-50.54%	220.69%
% of Operating Profit	-149.21%	0.11%	4.55%		18.53%	24.88%				39.49%	3.75%	0.66%	0.52%	-0.93%	-0.65%	-2.28%	-25.83%	-19.08%
Other Income/Expense, Net	$95.00K	$305.0K	$48.00K	$384.0K	$355.0K	$252.0K	$403.0K	$1.122M	$575.0K	$1.077M	-$1.742M	$588.0K	$523.0K	$403.0K	$485.0K	-$1.100M	-$200.0K	$700.0K
YoY Change	-68.85%	535.42%	-87.5%	8.17%	40.87%	-37.47%	-64.08%	95.13%	-46.61%	-161.83%	-396.26%	12.43%	29.78%	-16.91%	-144.09%	450.0%	-128.57%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	-$44.06M	$96.51M	$40.97M	-$27.15M	$13.68M	$11.89M	-$25.35M	-$65.55M	-$374.8M	$10.81M	$38.09M	$136.9M	$175.3M	$75.04M	$92.25M	$202.3M	$29.70M	$24.10M
YoY Change	-145.66%	135.59%	-250.89%	-298.4%	15.08%	-146.91%	-61.32%	-82.51%	-3566.87%	-71.62%	-72.18%	-21.87%	133.55%	-18.65%	-54.4%	581.14%	23.24%
Income Tax	-$8.389M	$24.29M	-$208.9M	$5.000K	$53.00K	$108.0K	-$2.783M	-$1.362M	$150.0M	$1.050M	$15.82M	$49.48M	$65.85M	$29.76M	$36.91M	$59.60M	$0.00	$0.00
% Of Pretax Income		25.17%	-509.87%		0.39%	0.91%				9.71%	41.52%	36.14%	37.57%	39.65%	40.01%	29.46%	0.0%	0.0%
Net Earnings	-$35.67M	$72.22M	$249.8M	-$27.20M	$13.60M	$11.80M	-$22.60M	-$64.20M	-$524.8M	$9.800M	$22.30M	$87.40M	$109.4M	$45.30M	$55.30M	$142.7M	$29.70M	$36.00M
YoY Change	-149.39%	-71.09%	-1018.51%	-300.0%	15.25%	-152.21%	-64.8%	-87.77%	-5455.1%	-56.05%	-74.49%	-20.11%	141.5%	-18.08%	-61.25%	380.47%	-17.5%
Net Earnings / Revenue	-12.78%	21.39%	92.42%	-13.81%	6.18%	5.66%	-14.34%	-30.43%	-182.74%	2.39%	6.63%	19.37%	24.7%	12.61%	18.32%	34.36%	13.91%	23.58%
Basic Earnings Per Share	-$2.80	$5.49	$19.07	-$2.09	$1.06	$0.92	-$0.20	-$0.85	-$6.94	$0.13	$0.30	$1.16	$1.46	$0.60	$0.74
Diluted Earnings Per Share	-$2.80	$5.37	$18.66	-$2.09	$1.04	$0.90	-$0.20	-$0.85	-$6.94	$0.13	$0.30	$1.16	$1.45	$0.60	$0.74	$19.03M	$3.960M	$4.80

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$7.041M	$24.47M	$36.45M	$19.50M	$20.60M	$33.20M	$1.100M	$4.500M	$59.80M	$78.00M	$15.60M	$57.70M	$170.6M	$121.7M	$100.9M	$116.6M	$2.000M
YoY Change	-71.23%	-32.86%	86.93%	-5.34%	-37.95%	2918.18%	-75.56%	-92.47%	-23.33%	400.0%	-72.96%	-66.18%	40.18%	20.61%	-13.46%	5730.0%
Cash & Equivalents	$4.071M	$18.51M	$36.45M	$19.50M	$20.60M	$33.20M	$1.100M	$0.00	$300.0K	$67.60M	$400.0K	$27.60M	$73.40M	$76.10M	$89.80M	$116.6M	$2.000M
Short-Term Investments	$2.970M	$5.959M						$0.00	$50.50M	$10.40M	$15.20M	$24.10M	$97.20M	$45.60M	$11.20M	$0.00
Other Short-Term Assets	$7.200M	$4.863M	$5.144M	$3.300M	$5.600M	$4.300M	$6.100M	$12.70M	$17.80M	$4.900M	$14.00M	$7.400M	$9.900M	$7.600M	$12.40M	$7.000M	$3.200M
YoY Change	48.06%	-5.46%	55.88%	-41.07%	30.23%	-29.51%	-51.97%	-28.65%	263.27%	-65.0%	89.19%	-25.25%	30.26%	-38.71%	77.14%	118.75%
Inventory	$114.3M	$114.8M	$78.86M	$88.70M	$94.20M	$82.00M	$83.10M	$94.40M	$106.5M	$84.10M	$105.0M	$53.30M	$55.40M	$48.10M	$61.90M	$49.30M	$18.50M
Prepaid Expenses
Receivables	$22.08M	$26.74M	$35.41M	$22.50M	$23.70M	$25.20M	$17.80M	$10.30M	$9.700M	$28.60M	$20.80M	$31.50M	$29.30M	$23.80M	$19.20M	$15.10M	$23.50M
Other Receivables	$1.374M	$790.0K	$989.0K	$1.900M	$1.300M	$600.0K	$3.400M	$1.900M	$1.800M	$3.600M	$23.20M	$12.40M	$11.40M	$7.700M	$9.800M	$10.40M	$300.0K
Total Short-Term Assets	$151.9M	$171.7M	$156.9M	$135.8M	$145.3M	$145.4M	$111.5M	$123.7M	$195.7M	$199.1M	$178.6M	$162.4M	$276.6M	$208.8M	$204.3M	$198.4M	$47.40M
YoY Change	-11.5%	9.45%	15.5%	-6.54%	-0.07%	30.4%	-9.86%	-36.79%	-1.71%	11.48%	9.98%	-41.29%	32.47%	2.2%	2.97%	318.57%
Property, Plant & Equipment	$358.2M	$375.6M	$341.1M	$355.5M	$378.5M	$346.2M	$364.5M	$388.5M	$419.5M	$785.3M	$826.6M	$637.3M	$420.9M	$320.3M	$255.3M	$171.6M	$89.40M
YoY Change	-4.63%	10.12%	-4.05%	-6.08%	9.33%	-5.02%	-6.18%	-7.39%	-46.58%	-5.0%	29.7%	51.41%	31.41%	25.46%	48.78%	91.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.627M	$9.841M						$0.00	$3.800M	$11.90M	$9.500M	$0.00	$6.200M	$21.30M	$6.200M	$0.00
YoY Change	-32.66%							-100.0%	-68.07%	25.26%		-100.0%	-70.89%	243.55%
Other Assets	$226.1M	$211.5M	$249.7M	$39.70M	$35.40M	$33.70M	$34.60M	$28.70M	$21.00M	$170.5M	$160.6M	$195.0M	$229.1M	$278.5M	$303.1M	$335.1M	$9.900M
YoY Change	6.9%	-15.33%	529.08%	12.15%	5.04%	-2.6%	20.56%	36.67%	-87.68%	6.16%	-17.64%	-14.88%	-17.74%	-8.12%	-9.55%	3284.85%
Total Long-Term Assets	$616.5M	$622.5M	$610.0M	$414.4M	$433.1M	$379.8M	$399.1M	$417.2M	$444.3M	$967.6M	$996.7M	$832.2M	$656.3M	$620.1M	$564.7M	$506.7M	$99.30M
YoY Change	-0.96%	2.05%	47.21%	-4.32%	14.03%	-4.84%	-4.34%	-6.1%	-54.08%	-2.92%	19.77%	26.8%	5.84%	9.81%	11.45%	410.27%
Total Assets	$768.5M	$794.2M	$766.9M	$550.2M	$578.4M	$525.2M	$510.6M	$540.9M	$640.0M	$1.167B	$1.175B	$994.6M	$932.9M	$828.9M	$769.0M	$705.1M	$146.7M
YoY Change
Accounts Payable	$12.85M	$18.65M	$9.068M	$7.300M	$10.00M	$9.100M	$11.10M	$10.20M	$15.80M	$20.00M	$27.60M	$19.60M	$21.00M	$18.10M	$13.70M	$15.50M	$8.200M
YoY Change	-31.09%	105.61%	24.22%	-27.0%	9.89%	-18.02%	8.82%	-35.44%	-21.0%	-27.54%	40.82%	-6.67%	16.02%	32.12%	-11.61%	89.02%
Accrued Expenses	$27.70M	$24.80M	$31.40M	$19.20M	$20.40M	$12.80M	$12.40M	$12.90M	$19.10M	$24.60M	$39.00M	$44.20M	$27.20M	$25.80M	$19.40M	$21.40M	$16.30M
YoY Change	11.72%	-21.03%	63.53%	-5.88%	59.38%	3.23%	-3.88%	-32.46%	-22.36%	-36.92%	-11.76%	62.5%	5.43%	32.99%	-9.35%	31.29%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$19.80M	$0.00	$3.900M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change				-100.0%		-100.0%
Long-Term Debt Due	$961.0K		$0.00	$11.30M	$20.00M	$0.00	$10.00M									$0.00	$5.000M
YoY Change			-100.0%	-43.5%		-100.0%										-100.0%
Total Short-Term Liabilities	$46.47M	$48.88M	$73.42M	$67.20M	$87.40M	$34.80M	$37.50M	$24.10M	$39.10M	$46.60M	$68.60M	$67.40M	$49.70M	$45.40M	$35.90M	$38.90M	$30.30M
YoY Change	-4.93%	-33.43%	9.26%	-23.11%	151.15%	-7.2%	55.6%	-38.36%	-16.09%	-32.07%	1.78%	35.61%	9.47%	26.46%	-7.71%	28.38%
Long-Term Debt	$5.451M	$0.00	$0.00	$14.90M	$29.80M	$49.60M	$49.40M	$133.4M	$149.5M	$150.0M	$150.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$96.40M
YoY Change			-100.0%	-50.0%	-39.92%	0.4%	-62.97%	-10.77%	-0.33%	0.0%						-100.0%
Other Long-Term Liabilities	$32.13M	$30.25M	$30.07M	$56.80M	$26.60M	$23.50M	$21.60M	$20.00M	$24.80M	$22.80M	$22.70M	$21.50M	$12.10M	$25.60M	$23.80M	$14.50M	$9.700M
YoY Change	6.21%	0.6%	-47.06%	113.53%	13.19%	8.8%	8.0%	-19.35%	8.77%	0.44%	5.58%	77.69%	-52.73%	7.56%	64.14%	49.48%
Total Long-Term Liabilities	$37.58M	$30.25M	$30.07M	$71.70M	$56.40M	$73.10M	$71.00M	$153.4M	$174.3M	$172.8M	$172.7M	$21.50M	$12.10M	$25.60M	$23.80M	$14.50M	$106.1M
YoY Change	24.23%	0.6%	-58.06%	27.13%	-22.85%	2.96%	-53.72%	-11.99%	0.87%	0.06%	703.26%	77.69%	-52.73%	7.56%	64.14%	-86.33%
Total Liabilities	$84.05M	$79.13M	$103.5M	$138.9M	$143.8M	$108.0M	$108.5M	$177.5M	$213.4M	$219.4M	$241.3M	$88.90M	$61.70M	$71.00M	$59.80M	$53.50M	$136.3M
YoY Change	6.22%	-23.54%	-25.49%	-3.41%	33.15%	-0.46%	-38.87%	-16.82%	-2.73%	-9.08%	171.43%	44.08%	-13.1%	18.73%	11.78%	-60.75%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	12.76M shares	13.15M shares	13.10M shares	12.99M shares	12.91M shares	12.81M shares	115.7M shares	75.82M shares	75.67M shares	75.50M shares	75.38M shares	75.28M shares	75.18M shares	75.08M shares	75.01M shares
Diluted Shares Outstanding	12.76M shares	13.45M shares	13.39M shares	12.99M shares	13.11M shares	13.10M shares	115.7M shares	75.82M shares	75.67M shares	75.63M shares	75.41M shares	75.34M shares	75.28M shares	75.15M shares	75.04M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $356.46 Million

About Intrepid Potash, Inc.

Intrepid Potash, Inc. is a diversified mineral company, which engages in the delivery of potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed, and the oil and gas industry. The company is headquartered in Denver, Colorado and currently employs 485 full-time employees. The company went IPO on 2008-04-22. Its segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. The company also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. The company sells potash into three primary markets: the agricultural market as a fertilizer input, the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. Trio is its specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. The company sells water primarily for industrial uses in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels) Peers: AgroFresh Solutions, Inc. AMERICAN VANGUARD CORP Corteva, Inc. CVR PARTNERS, LP FMC CORP MOSAIC CO SCOTTS MIRACLE-GRO CO