IAMGold Long Term Debt vs Total Current Liabilities Analysis

IAG Stock  USD 6.33  0.21  3.21%   
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 Long Term Debt 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 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.

Long Term Debt vs Total Current Liabilities

Long Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Long Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between IAMGold's Long Term Debt and Total Current Liabilities is 0.85. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Long Term Debt 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 Long Term Debt of IAMGold 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 Long Term Debt i.e., IAMGold's Long Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that IAMGold has held for over one year. Long-term debt appears on IAMGold balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on IAMGold balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Current Liabilities

Total Current Liabilities is an item on IAMGold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of IAMGold 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 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.
 2022 2023 2024 2025 (projected)
Total Operating Expenses82.6M124.4M143.1M90.0M
Cost Of Revenue810.9M863M992.5M583.5M

IAMGold fundamental ratios Correlations

0.480.460.870.55-0.010.220.610.450.650.220.030.480.830.520.160.10.520.720.350.360.490.850.390.570.86
0.480.890.210.730.62-0.270.83-0.120.840.37-0.68-0.150.430.880.38-0.010.910.16-0.070.380.140.270.50.980.47
0.460.890.160.710.55-0.350.93-0.070.810.38-0.63-0.130.480.840.37-0.040.920.16-0.190.380.040.290.590.850.47
0.870.210.160.3-0.350.580.370.620.50.330.250.70.590.19-0.040.350.190.760.620.290.640.740.130.350.67
0.550.730.710.30.65-0.280.8-0.150.88-0.11-0.48-0.130.560.920.05-0.520.890.07-0.090.060.140.530.630.720.58
-0.010.620.55-0.350.65-0.490.38-0.80.44-0.3-0.6-0.80.030.660.23-0.610.65-0.44-0.220.17-0.22-0.10.190.570.02
0.22-0.27-0.350.58-0.28-0.49-0.280.3-0.040.30.310.4-0.28-0.44-0.270.51-0.430.290.860.220.460.08-0.64-0.15-0.2
0.610.830.930.370.80.38-0.280.170.90.36-0.520.120.640.880.26-0.060.920.29-0.170.210.180.510.730.80.65
0.45-0.12-0.070.62-0.15-0.80.30.170.060.380.390.980.44-0.09-0.040.48-0.090.740.08-0.050.360.490.3-0.080.46
0.650.840.810.50.880.44-0.040.90.060.36-0.60.070.550.860.01-0.070.880.20.10.140.310.530.540.850.6
0.220.370.380.33-0.11-0.30.30.360.380.36-0.410.330.080.05-0.030.860.150.230.230.170.250.050.010.380.11
0.03-0.68-0.630.25-0.48-0.60.31-0.520.39-0.6-0.410.450.0-0.580.10.05-0.610.470.260.110.110.14-0.25-0.580.02
0.48-0.15-0.130.7-0.13-0.80.40.120.980.070.330.450.43-0.12-0.10.45-0.130.760.2-0.040.440.510.24-0.090.47
0.830.430.480.590.560.03-0.280.640.440.550.080.00.430.580.2-0.090.570.6-0.130.110.30.80.740.460.98
0.520.880.840.190.920.66-0.440.88-0.090.860.05-0.58-0.120.580.26-0.380.980.16-0.240.20.030.450.750.850.6
0.160.380.37-0.040.050.23-0.270.26-0.040.01-0.030.1-0.10.20.260.010.310.38-0.210.70.09-0.120.190.380.18
0.1-0.01-0.040.35-0.52-0.610.51-0.060.48-0.070.860.050.45-0.09-0.380.01-0.280.350.40.230.29-0.05-0.30.04-0.04
0.520.910.920.190.890.65-0.430.92-0.090.880.15-0.61-0.130.570.980.31-0.280.16-0.230.260.030.420.730.880.58
0.720.160.160.760.07-0.440.290.290.740.20.230.470.760.60.160.380.350.160.310.550.410.570.320.270.65
0.35-0.07-0.190.62-0.09-0.220.86-0.170.080.10.230.260.2-0.13-0.24-0.210.4-0.230.310.380.490.17-0.550.07-0.03
0.360.380.380.290.060.170.220.21-0.050.140.170.11-0.040.110.20.70.230.260.550.380.150.01-0.070.460.14
0.490.140.040.640.14-0.220.460.180.360.310.250.110.440.30.030.090.290.030.410.490.150.18-0.090.230.35
0.850.270.290.740.53-0.10.080.510.490.530.050.140.510.80.45-0.12-0.050.420.570.170.010.180.520.330.83
0.390.50.590.130.630.19-0.640.730.30.540.01-0.250.240.740.750.19-0.30.730.32-0.55-0.07-0.090.520.430.7
0.570.980.850.350.720.57-0.150.8-0.080.850.38-0.58-0.090.460.850.380.040.880.270.070.460.230.330.430.52
0.860.470.470.670.580.02-0.20.650.460.60.110.020.470.980.60.18-0.040.580.65-0.030.140.350.830.70.52
Click cells to compare fundamentals

IAMGold Account Relationship Matchups

IAMGold fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.2B4.0B4.4B4.5B5.2B2.7B
Short Long Term Debt Total533.4M530M992.5M952.1M1.1B1.1B
Total Current Liabilities334.8M581.7M646.2M630.8M725.4M761.7M
Total Stockholder Equity2.5B2.2B2.1B2.2B2.5B1.8B
Property Plant And Equipment Net2.4B2.6B2.7B3.5B4.0B4.2B
Net Debt(408.1M)(14.9M)584.7M585M672.8M706.4M
Retained Earnings(307.9M)(562.2M)(632.4M)(538.3M)(484.5M)(460.2M)
Accounts Payable244.7M304.4M294.1M317.6M365.2M383.5M
Cash941.5M544.9M407.8M367.1M422.2M352.1M
Non Current Assets Total2.8B3.0B2.9B4.3B5.0B5.2B
Non Currrent Assets Other333M370.9M203M785.6M903.4M948.6M
Other Assets304.8M313M259.5M(555.4M)(638.7M)(606.8M)
Cash And Short Term Investments947.5M552.5M407.8M367.1M422.2M387.0M
Common Stock Shares Outstanding478M476.5M478.6M484.6M557.3M317.7M
Liabilities And Stockholders Equity4.2B4.0B4.4B4.5B5.2B2.7B
Non Current Liabilities Total1.3B1.1B1.6B1.6B1.9B2.0B
Other Current Assets40M49.3M830.6M53.7M61.8M68.3M
Other Stockholder Equity60.6M59.1M58.2M59.2M53.3M50.6M
Total Liab1.6B1.7B2.2B2.3B2.6B2.7B
Total Current Assets1.4B951.1M1.5B753.7M866.8M700.5M
Accumulated Other Comprehensive Income(5.3M)23.8M(21.3M)(47M)(42.3M)(40.2M)
Short Term Debt25.9M28.9M13.8M26.1M30.0M28.5M
Other Current Liab34.6M29.2M300.5M41.9M48.1M58.6M
Net Receivables1.047.2M83M67.5M77.6M60.3M
Inventory327.3M302.1M199.9M266.3M306.2M166.0M
Other Liab728M766.5M571.7M593.4M682.4M716.5M
Long Term Debt458.7M456.9M910M825.8M949.7M997.2M
Common Stock2.7B2.7B2.7B2.7B3.1B2.0B
Property Plant Equipment2.3B2.4B2.6B2.6B3.0B1.9B
Short Term Investments6M7.6M0.076.9M88.4M59.4M
Current Deferred Revenue17.6M36.3M189.7M239.5M275.4M289.2M
Property Plant And Equipment Gross2.4B6.6B5.7B6.8B7.9B8.2B
Net Tangible Assets2.3B2.5B2.2B2.1B1.9B1.9B
Long Term Investments31.6M45.1M8.1M16.2M14.6M13.9M
Short Long Term Debt7.9M7.5M8.7M5M4.5M4.3M
Long Term Debt Total449.3M507.5M501.1M978.7M1.1B596.7M

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.