IAMGold Net Debt vs Other Assets 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 Net Debt and its Other Assets 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.

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Net Debt account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between IAMGold's Net Debt and Other Assets is -0.11. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Net Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of IAMGold are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Debt i.e., IAMGold's Net Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Assets

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

Total Operating Expenses Cost Of Revenue

IAMGold fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Other Current Liab	Net Receivables	Inventory	Other Liab	Long Term Debt	Common Stock
Total Assets		0.51	0.48	0.87	0.59	-0.07	0.27	0.66	0.47	0.73	0.18	0.75	0.52	0.81	0.56	0.17	0.12	0.46	0.75	0.39	0.38	0.48	0.83	0.38	0.61	0.84
Short Long Term Debt Total	0.51		0.85	0.26	0.63	0.53	-0.21	0.77	-0.06	0.77	0.04	0.23	-0.08	0.39	0.83	0.47	0.04	0.88	0.29	0.02	0.49	0.16	0.26	0.46	0.98	0.45
Total Current Liabilities	0.48	0.85		0.19	0.62	0.44	-0.31	0.9	-0.01	0.73	0.05	0.36	-0.06	0.44	0.78	0.46	0.0	0.89	0.28	-0.13	0.48	0.04	0.28	0.58	0.8	0.45
Total Stockholder Equity	0.87	0.26	0.19		0.35	-0.38	0.6	0.43	0.63	0.6	0.43	0.56	0.71	0.61	0.23	-0.04	0.36	0.14	0.78	0.64	0.3	0.64	0.75	0.11	0.4	0.69
Property Plant And Equipment Net	0.59	0.63	0.62	0.35		0.57	-0.22	0.74	-0.1	0.84	-0.49	0.63	-0.05	0.55	0.9	0.08	-0.55	0.82	0.17	0.0	0.11	0.15	0.56	0.6	0.63	0.59
Net Debt	-0.07	0.53	0.44	-0.38	0.57		-0.46	0.23	-0.82	0.3	-0.67	-0.11	-0.81	-0.09	0.58	0.27	-0.63	0.59	-0.42	-0.17	0.21	-0.25	-0.18	0.14	0.48	-0.08
Retained Earnings	0.27	-0.21	-0.31	0.6	-0.22	-0.46		-0.22	0.29	0.07	0.51	-0.17	0.38	-0.23	-0.41	-0.28	0.5	-0.41	0.28	0.85	0.21	0.48	0.13	-0.63	-0.07	-0.15
Accounts Payable	0.66	0.77	0.9	0.43	0.74	0.23	-0.22		0.27	0.86	0.06	0.65	0.24	0.66	0.83	0.32	-0.03	0.87	0.43	-0.1	0.28	0.21	0.55	0.73	0.73	0.67
Cash	0.47	-0.06	-0.01	0.63	-0.1	-0.82	0.29	0.27		0.16	0.55	0.52	0.98	0.51	-0.03	-0.04	0.48	-0.09	0.74	0.07	-0.06	0.37	0.52	0.32	-0.02	0.52
Non Current Assets Total	0.73	0.77	0.73	0.6	0.84	0.3	0.07	0.86	0.16		0.02	0.54	0.2	0.54	0.81	0.03	-0.04	0.83	0.34	0.23	0.21	0.36	0.59	0.51	0.8	0.62
Non Currrent Assets Other	0.18	0.04	0.05	0.43	-0.49	-0.67	0.51	0.06	0.55	0.02		-0.19	0.52	0.01	-0.36	0.0	0.99	-0.22	0.42	0.41	0.25	0.29	0.06	-0.22	0.1	0.05
Other Assets	0.75	0.23	0.36	0.56	0.63	-0.11	-0.17	0.65	0.52	0.54	-0.19		0.53	0.9	0.56	0.13	-0.28	0.42	0.56	-0.16	-0.04	0.29	0.79	0.69	0.25	0.87
Cash And Short Term Investments	0.52	-0.08	-0.06	0.71	-0.05	-0.81	0.38	0.24	0.98	0.2	0.52	0.53		0.52	-0.04	-0.1	0.45	-0.12	0.76	0.18	-0.05	0.45	0.56	0.27	-0.01	0.54
Common Stock Shares Outstanding	0.81	0.39	0.44	0.61	0.55	-0.09	-0.23	0.66	0.51	0.54	0.01	0.9	0.52		0.58	0.23	-0.07	0.45	0.69	-0.08	0.14	0.31	0.8	0.72	0.43	0.98
Non Current Liabilities Total	0.56	0.83	0.78	0.23	0.9	0.58	-0.41	0.83	-0.03	0.81	-0.36	0.56	-0.04	0.58		0.33	-0.41	0.95	0.28	-0.18	0.27	0.03	0.48	0.76	0.79	0.61
Other Current Assets	0.17	0.47	0.46	-0.04	0.08	0.27	-0.28	0.32	-0.04	0.03	0.0	0.13	-0.1	0.23	0.33		0.01	0.3	0.38	-0.21	0.7	0.09	-0.12	0.2	0.46	0.2
Other Stockholder Equity	0.12	0.04	0.0	0.36	-0.55	-0.63	0.5	-0.03	0.48	-0.04	0.99	-0.28	0.45	-0.07	-0.41	0.01		-0.26	0.35	0.4	0.23	0.3	-0.04	-0.29	0.09	-0.02
Total Liab	0.46	0.88	0.89	0.14	0.82	0.59	-0.41	0.87	-0.09	0.83	-0.22	0.42	-0.12	0.45	0.95	0.3	-0.26		0.14	-0.21	0.25	0.01	0.32	0.71	0.81	0.47
Total Current Assets	0.75	0.29	0.28	0.78	0.17	-0.42	0.28	0.43	0.74	0.34	0.42	0.56	0.76	0.69	0.28	0.38	0.35	0.14		0.3	0.55	0.41	0.62	0.33	0.4	0.72
Short Term Debt	0.39	0.02	-0.13	0.64	0.0	-0.17	0.85	-0.1	0.07	0.23	0.41	-0.16	0.18	-0.08	-0.18	-0.21	0.4	-0.21	0.3		0.38	0.5	0.21	-0.54	0.18	0.02
Other Current Liab	0.38	0.49	0.48	0.3	0.11	0.21	0.21	0.28	-0.06	0.21	0.25	-0.04	-0.05	0.14	0.27	0.7	0.23	0.25	0.55	0.38		0.15	0.02	-0.06	0.57	0.17
Net Receivables	0.48	0.16	0.04	0.64	0.15	-0.25	0.48	0.21	0.37	0.36	0.29	0.29	0.45	0.31	0.03	0.09	0.3	0.01	0.41	0.5	0.15		0.18	-0.1	0.26	0.36
Inventory	0.83	0.26	0.28	0.75	0.56	-0.18	0.13	0.55	0.52	0.59	0.06	0.79	0.56	0.8	0.48	-0.12	-0.04	0.32	0.62	0.21	0.02	0.18		0.49	0.32	0.82
Other Liab	0.38	0.46	0.58	0.11	0.6	0.14	-0.63	0.73	0.32	0.51	-0.22	0.69	0.27	0.72	0.76	0.2	-0.29	0.71	0.33	-0.54	-0.06	-0.1	0.49		0.38	0.68
Long Term Debt	0.61	0.98	0.8	0.4	0.63	0.48	-0.07	0.73	-0.02	0.8	0.1	0.25	-0.01	0.43	0.79	0.46	0.09	0.81	0.4	0.18	0.57	0.26	0.32	0.38		0.51
Common Stock	0.84	0.45	0.45	0.69	0.59	-0.08	-0.15	0.67	0.52	0.62	0.05	0.87	0.54	0.98	0.61	0.2	-0.02	0.47	0.72	0.02	0.17	0.36	0.82	0.68	0.51

Click cells to compare fundamentals

IAMGold Account Relationship Matchups

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	166.2M	269.8M
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

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America
S	SentinelOne
WD	Walker Dunlop

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:

How To Invest In IAMGold

Details

Is IAMGold Stock a good investment?

Details

What is IAMGold's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

IAMGold Net Debt vs Other Assets Analysis

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

Correlation Coefficient

Net Debt

Other Assets

IAMGold fundamental ratios Correlations

IAMGold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IAMGold fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Non Currrent Assets Other
Long Term Debt	+ 0.98	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Common Stock	+ 0.98	Common Stock Shares Outstanding
Total Liab	+ 0.95	Non Current Liabilities Total
Accounts Payable	+ 0.9	Total Current Liabilities

Cash	- 0.82	Net Debt
Cash And Short Term Investments	- 0.81	Net Debt
Non Currrent Assets Other	- 0.67	Net Debt
Other Liab	- 0.63	Retained Earnings
Other Stockholder Equity	- 0.63	Net Debt
Other Stockholder Equity	- 0.55	Property Plant And Equipment Net