IAMGold Accounts Payable from 2010 to 2024
IAG Stock | USD 5.70 0.13 2.33% |
Accounts Payable | First Reported 1996-09-30 | Previous Quarter 244.2 M | Current Value 270.9 M | Quarterly Volatility 102.5 M |
Check IAMGold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IAMGold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 232.8 M, Interest Expense of 20 M or Total Revenue of 774 M, as well as many indicators such as Price To Sales Ratio of 1.17, Dividend Yield of 0.0034 or PTB Ratio of 0.52. IAMGold financial statements analysis is a perfect complement when working with IAMGold Valuation or Volatility modules.
IAMGold | Accounts Payable |
Latest IAMGold's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of IAMGold over the last few years. An accounting item on the balance sheet that represents IAMGold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of IAMGold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. IAMGold's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IAMGold's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable | 10 Years Trend |
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Accounts Payable |
Timeline |
IAMGold Accounts Payable Regression Statistics
Arithmetic Mean | 214,882,033 | |
Geometric Mean | 173,520,332 | |
Coefficient Of Variation | 38.66 | |
Mean Deviation | 60,971,707 | |
Median | 205,951,000 | |
Standard Deviation | 83,078,784 | |
Sample Variance | 6902.1T | |
Range | 328.1M | |
R-Value | 0.78 | |
Mean Square Error | 2934T | |
R-Squared | 0.61 | |
Significance | 0.0006 | |
Slope | 14,452,706 | |
Total Sum of Squares | 96629.2T |
IAMGold Accounts Payable History
About IAMGold Financial Statements
IAMGold stakeholders use historical fundamental indicators, such as IAMGold's Accounts Payable, to determine how well the company is positioned to perform in the future. Although IAMGold investors may analyze each financial statement separately, they are all interrelated. For example, changes in IAMGold's assets and liabilities are reflected in the revenues and expenses on IAMGold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in IAMGold. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Accounts Payable | 317.6 M | 333.5 M |
Currently Active Assets on Macroaxis
When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:Check out the analysis of IAMGold Correlation against competitors. For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IAMGold. If investors know IAMGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IAMGold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Earnings Share 1.35 | Revenue Per Share 2.824 | Quarterly Revenue Growth 0.955 | Return On Assets 0.0444 |
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IAMGold's market value can be influenced by many factors that don't directly affect IAMGold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.