IAMGold Other Operating Expenses vs Discontinued Operations 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 Other Operating Expenses and its Discontinued Operations 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.
Other Operating Expenses vs Discontinued Operations
Other Operating Expenses vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Other Operating Expenses account and Discontinued Operations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IAMGold's Other Operating Expenses and Discontinued Operations is -0.34. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Other Operating Expenses and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of IAMGold are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Other Operating Expenses i.e., IAMGold's Other Operating Expenses and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IAMGold. It is also known as IAMGold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Discontinued Operations
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
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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.