IAMGold Minority Interest vs Interest Income Analysis
IAG Stock | USD 5.70 0.13 2.33% |
IAMGold financial indicator trend analysis is infinitely more than just investigating IAMGold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IAMGold is a good investment. Please check the relationship between IAMGold Minority Interest and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
Minority Interest vs Interest Income
Minority Interest vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Minority Interest account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between IAMGold's Minority Interest and Interest Income is -0.11. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Minority Interest and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of IAMGold are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., IAMGold's Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of IAMGold whose combined shares represent less than 50% of the total outstanding shares issued by IAMGold have a minority interest in IAMGold.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from IAMGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IAMGold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.At this time, IAMGold's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 172.1M | 82.6M | 124.4M | 90.0M | Cost Of Revenue | 1.1B | 810.9M | 863M | 583.5M |
IAMGold fundamental ratios Correlations
Click cells to compare fundamentals
IAMGold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IAMGold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 4.2B | 4.0B | 4.4B | 5.1B | 2.7B | |
Short Long Term Debt Total | 467.3M | 533.4M | 530M | 992.5M | 952.1M | 999.7M | |
Total Current Liabilities | 266M | 334.8M | 581.7M | 646.2M | 630.8M | 662.3M | |
Total Stockholder Equity | 2.3B | 2.5B | 2.2B | 2.1B | 2.2B | 1.8B | |
Property Plant And Equipment Net | 2.3B | 2.4B | 2.6B | 2.7B | 3.5B | 3.7B | |
Net Debt | (363.3M) | (408.1M) | (14.9M) | 584.7M | 585M | 614.3M | |
Retained Earnings | (350.2M) | (307.9M) | (562.2M) | (632.4M) | (538.3M) | (511.4M) | |
Accounts Payable | 211.9M | 244.7M | 304.4M | 294.1M | 317.6M | 333.5M | |
Cash | 830.6M | 941.5M | 544.9M | 407.8M | 367.1M | 352.1M | |
Non Current Assets Total | 2.6B | 2.8B | 3.0B | 2.9B | 4.3B | 4.6B | |
Non Currrent Assets Other | 307.3M | 333M | 370.9M | 203M | 210.8M | 271.6M | |
Other Assets | 288.3M | 304.8M | 313M | 259.5M | 298.4M | 167.3M | |
Cash And Short Term Investments | 836.7M | 947.5M | 552.5M | 407.8M | 367.1M | 387.0M | |
Common Stock Shares Outstanding | 468M | 478M | 476.5M | 478.6M | 484.6M | 317.7M | |
Liabilities And Stockholders Equity | 3.9B | 4.2B | 4.0B | 4.4B | 5.1B | 2.7B | |
Non Current Liabilities Total | 1.2B | 1.3B | 1.1B | 1.6B | 1.6B | 1.7B | |
Other Current Assets | 45.6M | 40M | 49.3M | 830.6M | 53.7M | 68.3M | |
Other Stockholder Equity | 54M | 60.6M | 59.1M | 58.2M | 59.2M | 56.2M | |
Total Liab | 1.4B | 1.6B | 1.7B | 2.2B | 2.8B | 3.0B | |
Total Current Assets | 1.3B | 1.4B | 951.1M | 1.5B | 749.8M | 700.3M | |
Accumulated Other Comprehensive Income | (44.5M) | (5.3M) | 23.8M | (21.3M) | (47M) | (44.7M) | |
Short Term Debt | 18M | 25.9M | 28.9M | 13.8M | 26.1M | 24.8M | |
Other Current Liab | 18.5M | 34.6M | 29.2M | 300.5M | 40.6M | 58.5M | |
Net Receivables | 72.2M | 1.0 | 47.2M | 83M | 67.5M | 60.3M | |
Inventory | 308.5M | 327.3M | 302.1M | 199.9M | 266.3M | 166.0M | |
Other Liab | 728M | 766.5M | 571.7M | 593.4M | 682.4M | 716.5M | |
Long Term Debt | 403.9M | 458.7M | 456.9M | 910M | 825.8M | 867.1M | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.0B | |
Property Plant Equipment | 2.3B | 2.4B | 2.6B | 2.6B | 3.0B | 1.9B | |
Short Term Investments | 6.1M | 6M | 7.6M | 0.0 | 76.9M | 59.4M | |
Current Deferred Revenue | 17.6M | 36.3M | 189.7M | 240.7M | 276.8M | 290.6M | |
Common Stock Total Equity | 2.7B | 2.7B | 2.7B | 2.7B | 3.1B | 2.1B | |
Property Plant And Equipment Gross | 2.3B | 2.4B | 6.6B | 5.7B | 6.8B | 7.2B | |
Net Tangible Assets | 2.3B | 2.5B | 2.2B | 2.1B | 1.9B | 1.9B | |
Long Term Investments | 23.4M | 31.6M | 45.1M | 8.1M | 16.2M | 15.4M | |
Long Term Debt Total | 449.3M | 507.5M | 501.1M | 978.7M | 1.1B | 596.7M |
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.