Iron Property Plant And Equipment Gross vs Total Current Liabilities Analysis
IRM Stock | USD 104.51 1.22 1.15% |
Iron Mountain financial indicator trend analysis is infinitely more than just investigating Iron Mountain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Mountain is a good investment. Please check the relationship between Iron Mountain Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Property Plant And Equipment Gross vs Total Current Liabilities
Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Mountain Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Iron Mountain's Property Plant And Equipment Gross and Total Current Liabilities is 0.81. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Iron Mountain Incorporated, assuming nothing else is changed. The correlation between historical values of Iron Mountain's Property Plant And Equipment Gross and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Iron Mountain Incorporated are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., Iron Mountain's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Gross
Total Current Liabilities
Total Current Liabilities is an item on Iron Mountain balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Iron Mountain Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Iron Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Mountain 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 Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Iron Mountain's Discontinued Operations is very stable compared to the past year. As of the 27th of December 2024, Tax Provision is likely to grow to about 63.6 M, while Selling General Administrative is likely to drop about 626.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.9B | 3.1B | 1.6B | Total Revenue | 4.5B | 5.1B | 5.5B | 2.9B |
Iron Mountain fundamental ratios Correlations
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Iron Mountain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iron Mountain fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.8B | 14.1B | 14.5B | 16.1B | 17.5B | 18.3B | |
Short Long Term Debt Total | 10.4B | 10.7B | 11.4B | 13.3B | 14.8B | 15.5B | |
Other Current Liab | 961.8M | 764.3M | 772.9M | 743.2M | 997.6M | 1.0B | |
Total Current Liabilities | 1.9B | 2.0B | 2.0B | 1.9B | 2.2B | 2.3B | |
Total Stockholder Equity | 1.5B | 1.1B | 857.1M | 636.7M | 211.6M | 201.1M | |
Property Plant And Equipment Net | 6.5B | 6.7B | 2.3B | 7.7B | 9.0B | 9.5B | |
Current Deferred Revenue | 274.0M | 295.8M | 307.5M | 328.9M | 325.7M | 219.0M | |
Net Debt | 10.2B | 10.5B | 11.2B | 13.1B | 14.6B | 15.3B | |
Accounts Payable | 324.7M | 359.9M | 369.1M | 469.2M | 539.6M | 566.6M | |
Cash | 193.6M | 205.1M | 255.8M | 141.8M | 222.8M | 178.8M | |
Non Current Assets Total | 12.6B | 12.9B | 13.0B | 14.6B | 15.7B | 16.5B | |
Non Currrent Assets Other | 209.9M | 295.9M | 5.0B | 99.8M | 429.6M | 368.3M | |
Cash And Short Term Investments | 193.6M | 205.1M | 255.8M | 141.8M | 222.8M | 178.8M | |
Net Receivables | 850.7M | 859.3M | 961.4M | 1.2B | 1.3B | 1.3B | |
Good Will | 4.5B | 4.6B | 4.5B | 4.9B | 5.0B | 2.8B | |
Common Stock Shares Outstanding | 287.7M | 288.6M | 291.0M | 292.4M | 294.0M | 224.7M | |
Liabilities And Stockholders Equity | 13.8B | 14.1B | 14.5B | 16.1B | 17.5B | 18.3B | |
Non Current Liabilities Total | 10.4B | 11.0B | 11.6B | 13.6B | 15.0B | 15.8B | |
Other Current Assets | 192.1M | 410.8M | 448.0M | 230.4M | 252.9M | 167.5M | |
Other Stockholder Equity | 4.3B | 7.3B | 7.6B | 7.9B | 4.5B | 2.4B | |
Total Liab | 12.4B | 13.0B | 13.6B | 15.5B | 17.1B | 17.9B | |
Property Plant And Equipment Gross | 6.5B | 6.7B | 2.3B | 11.6B | 13.1B | 13.7B | |
Total Current Assets | 1.2B | 1.3B | 1.4B | 1.5B | 1.7B | 932.3M | |
Accumulated Other Comprehensive Income | (262.6M) | (255.9M) | (338.3M) | (442.0M) | (373.6M) | (354.9M) | |
Short Term Debt | 389.0M | 444.0M | 569.0M | 376.3M | 373.4M | 392.0M | |
Retained Earnings | (2.6B) | (3.0B) | (3.2B) | (3.4B) | (4.0B) | (3.8B) | |
Intangible Assets | 1.4B | 1.3B | 1.2B | 1.4B | 1.3B | 1.1B | |
Common Stock Total Equity | 2.9M | 2.9M | 2.9M | 2.9M | 3.3M | 2.1M | |
Common Stock | 2.9M | 2.9M | 2.9M | 2.9M | 2.9M | 2.1M | |
Other Liab | 322.4M | 402.9M | 368.0M | 580.4M | 667.4M | 700.8M | |
Other Assets | 172.9M | 295.9M | 274.2M | 533.6M | 34K | 32.3K | |
Long Term Debt | 8.3B | 8.5B | 8.7B | 10.2B | 11.8B | 12.4B | |
Property Plant Equipment | 11.5B | 6.7B | 7.0B | 7.7B | 8.9B | 9.3B | |
Net Tangible Assets | (2.6B) | (2.6B) | (2.5B) | (3.1B) | (2.8B) | (3.0B) | |
Noncontrolling Interest In Consolidated Entity | 1.4M | 265K | 1.1M | 125K | 112.5K | 106.9K | |
Retained Earnings Total Equity | (2.6B) | (3.0B) | (3.2B) | (3.4B) | (3.1B) | (2.9B) | |
Long Term Debt Total | 8.3B | 8.5B | 9.0B | 10.5B | 12.1B | 6.8B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iron Mountain Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Other Specialized REITs 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 Iron Mountain. If investors know Iron 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 Iron Mountain 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 308.278 | Dividend Share 2.634 | Earnings Share 0.36 | Revenue Per Share 20.438 | Quarterly Revenue Growth 0.122 |
The market value of Iron Mountain is measured differently than its book value, which is the value of Iron that is recorded on the company's balance sheet. Investors also form their own opinion of Iron Mountain's value that differs from its market value or its book value, called intrinsic value, which is Iron Mountain'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 Iron Mountain's market value can be influenced by many factors that don't directly affect Iron Mountain'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 Iron Mountain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iron Mountain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iron Mountain'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.