IAMGold Tax Provision vs Minority Interest Analysis

IAG Stock

USD 6.72 0.07 1.03%

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 Tax Provision and its Minority Interest 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.

Tax Provision vs Minority Interest

Tax Provision vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Tax Provision account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between IAMGold's Tax Provision and Minority Interest is -0.29. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Minority Interest in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Tax Provision and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of IAMGold are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Tax Provision i.e., IAMGold's Tax Provision and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

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 Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The IAMGold's current Enterprise Value is estimated to increase to about 885.4 M, while Discontinued Operations is forecasted to increase to (14 M).

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		0.48	0.55	0.91	0.55	0.01	0.25	0.79	0.41	0.71	0.23	0.0	0.44	0.83	0.63	0.18	-0.38	0.63	0.65	0.34	0.28	0.39	0.83	0.41	0.56	0.86
Short Long Term Debt Total	0.48		0.82	0.31	0.76	0.66	0.02	0.49	-0.15	0.83	0.11	-0.7	-0.19	0.42	0.78	0.26	0.39	0.83	0.08	-0.09	0.37	-0.17	0.22	0.5	0.99	0.45
Total Current Liabilities	0.55	0.82		0.28	0.65	0.49	-0.15	0.77	-0.03	0.73	0.18	-0.48	-0.09	0.54	0.78	0.39	0.37	0.89	0.24	-0.15	0.49	-0.11	0.34	0.57	0.8	0.53
Total Stockholder Equity	0.91	0.31	0.28		0.37	-0.23	0.56	0.52	0.54	0.62	0.38	0.1	0.61	0.65	0.33	-0.01	-0.52	0.33	0.65	0.55	0.12	0.53	0.74	0.19	0.41	0.71
Property Plant And Equipment Net	0.55	0.76	0.65	0.37		0.69	-0.02	0.55	-0.19	0.89	-0.34	-0.53	-0.17	0.54	0.87	0.03	0.43	0.84	-0.01	-0.1	0.08	-0.17	0.47	0.63	0.75	0.56
Net Debt	0.01	0.66	0.49	-0.23	0.69		-0.26	0.16	-0.79	0.46	-0.5	-0.65	-0.8	0.03	0.6	0.3	0.54	0.59	-0.48	-0.23	0.27	-0.45	-0.13	0.22	0.62	0.02
Retained Earnings	0.25	0.02	-0.15	0.56	-0.02	-0.26		-0.26	0.21	0.24	0.42	-0.02	0.29	-0.25	-0.27	-0.18	-0.38	-0.25	0.17	0.78	-0.03	0.44	0.06	-0.48	0.11	-0.16
Accounts Payable	0.79	0.49	0.77	0.52	0.55	0.16	-0.26		0.28	0.61	0.11	-0.08	0.24	0.87	0.75	0.22	-0.01	0.79	0.47	-0.12	0.28	0.13	0.72	0.64	0.48	0.82
Cash	0.41	-0.15	-0.03	0.54	-0.19	-0.79	0.21	0.28		0.06	0.49	0.42	0.98	0.42	-0.04	-0.25	-0.35	-0.04	0.74	0.09	-0.16	0.43	0.49	0.29	-0.12	0.45
Non Current Assets Total	0.71	0.83	0.73	0.62	0.89	0.46	0.24	0.61	0.06		0.11	-0.57	0.07	0.58	0.79	-0.02	0.24	0.81	0.18	0.12	0.11	0.04	0.54	0.53	0.85	0.63
Non Currrent Assets Other	0.23	0.11	0.18	0.38	-0.34	-0.5	0.42	0.11	0.49	0.11		-0.11	0.44	0.06	-0.24	-0.06	-0.32	-0.11	0.35	0.34	0.08	0.32	0.08	-0.16	0.14	0.08
Other Assets	0.0	-0.7	-0.48	0.1	-0.53	-0.65	-0.02	-0.08	0.42	-0.57	-0.11		0.48	0.01	-0.37	0.15	-0.58	-0.43	0.53	0.26	0.09	0.43	0.2	-0.25	-0.63	0.03
Cash And Short Term Investments	0.44	-0.19	-0.09	0.61	-0.17	-0.8	0.29	0.24	0.98	0.07	0.44	0.48		0.41	-0.06	-0.26	-0.43	-0.07	0.77	0.2	-0.16	0.52	0.52	0.22	-0.14	0.45
Common Stock Shares Outstanding	0.83	0.42	0.54	0.65	0.54	0.03	-0.25	0.87	0.42	0.58	0.06	0.01	0.41		0.68	0.12	-0.12	0.67	0.55	-0.14	0.15	0.15	0.78	0.75	0.44	0.98
Non Current Liabilities Total	0.63	0.78	0.78	0.33	0.87	0.6	-0.27	0.75	-0.04	0.79	-0.24	-0.37	-0.06	0.68		0.3	0.34	0.98	0.26	-0.19	0.33	-0.14	0.56	0.74	0.77	0.69
Other Current Assets	0.18	0.26	0.39	-0.01	0.03	0.3	-0.18	0.22	-0.25	-0.02	-0.06	0.15	-0.26	0.12	0.3		-0.04	0.34	0.39	0.13	0.97	-0.03	-0.08	0.03	0.31	0.13
Other Stockholder Equity	-0.38	0.39	0.37	-0.52	0.43	0.54	-0.38	-0.01	-0.35	0.24	-0.32	-0.58	-0.43	-0.12	0.34	-0.04		0.37	-0.44	-0.63	-0.04	-0.66	-0.3	0.5	0.28	-0.17
Total Liab	0.63	0.83	0.89	0.33	0.84	0.59	-0.25	0.79	-0.04	0.81	-0.11	-0.43	-0.07	0.67	0.98	0.34	0.37		0.27	-0.19	0.4	-0.14	0.51	0.72	0.82	0.67
Total Current Assets	0.65	0.08	0.24	0.65	-0.01	-0.48	0.17	0.47	0.74	0.18	0.35	0.53	0.77	0.55	0.26	0.39	-0.44	0.27		0.33	0.48	0.5	0.57	0.28	0.17	0.61
Short Term Debt	0.34	-0.09	-0.15	0.55	-0.1	-0.23	0.78	-0.12	0.09	0.12	0.34	0.26	0.2	-0.14	-0.19	0.13	-0.63	-0.19	0.33		0.22	0.6	0.19	-0.55	0.04	-0.03
Other Current Liab	0.28	0.37	0.49	0.12	0.08	0.27	-0.03	0.28	-0.16	0.11	0.08	0.09	-0.16	0.15	0.33	0.97	-0.04	0.4	0.48	0.22		0.07	-0.03	0.04	0.42	0.17
Net Receivables	0.39	-0.17	-0.11	0.53	-0.17	-0.45	0.44	0.13	0.43	0.04	0.32	0.43	0.52	0.15	-0.14	-0.03	-0.66	-0.14	0.5	0.6	0.07		0.17	-0.32	-0.07	0.21
Inventory	0.83	0.22	0.34	0.74	0.47	-0.13	0.06	0.72	0.49	0.54	0.08	0.2	0.52	0.78	0.56	-0.08	-0.3	0.51	0.57	0.19	-0.03	0.17		0.5	0.27	0.81
Other Liab	0.41	0.5	0.57	0.19	0.63	0.22	-0.48	0.64	0.29	0.53	-0.16	-0.25	0.22	0.75	0.74	0.03	0.5	0.72	0.28	-0.55	0.04	-0.32	0.5		0.45	0.71
Long Term Debt	0.56	0.99	0.8	0.41	0.75	0.62	0.11	0.48	-0.12	0.85	0.14	-0.63	-0.14	0.44	0.77	0.31	0.28	0.82	0.17	0.04	0.42	-0.07	0.27	0.45		0.5
Common Stock	0.86	0.45	0.53	0.71	0.56	0.02	-0.16	0.82	0.45	0.63	0.08	0.03	0.45	0.98	0.69	0.13	-0.17	0.67	0.61	-0.03	0.17	0.21	0.81	0.71	0.5

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IAMGold Account Relationship Matchups

IAMGold fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.2B	4.0B	4.4B	4.5B	5.4B	2.8B
Short Long Term Debt Total	533.4M	530M	992.5M	952.1M	1.2B	1.2B
Total Current Liabilities	334.8M	581.7M	646.2M	630.8M	550.6M	578.1M
Total Stockholder Equity	2.5B	2.2B	2.1B	2.2B	3.3B	1.9B
Property Plant And Equipment Net	2.4B	2.6B	2.7B	3.5B	4.3B	4.6B
Net Debt	(408.1M)	(14.9M)	584.7M	585M	805.6M	845.9M
Retained Earnings	(307.9M)	(562.2M)	(632.4M)	(538.3M)	259.4M	272.4M
Accounts Payable	244.7M	304.4M	294.1M	317.6M	264.8M	148.1M
Cash	941.5M	544.9M	407.8M	367.1M	347.5M	353.1M
Non Current Assets Total	2.8B	3.0B	2.9B	4.3B	4.7B	4.9B
Non Currrent Assets Other	333M	370.9M	203M	785.6M	345.8M	297.1M
Other Assets	304.8M	313M	259.5M	(555.4M)	(638.7M)	(606.8M)
Cash And Short Term Investments	947.5M	552.5M	407.8M	367.1M	348.5M	386.9M
Common Stock Shares Outstanding	478M	476.5M	478.6M	484.6M	545.9M	327.5M
Liabilities And Stockholders Equity	4.2B	4.0B	4.4B	4.5B	5.4B	2.8B
Non Current Liabilities Total	1.3B	1.1B	1.6B	1.6B	1.4B	1.5B
Other Current Assets	40M	49.3M	830.6M	53.7M	44.8M	42.6M
Other Stockholder Equity	60.6M	59.1M	58.2M	59.2M	57.6M	110.7M
Total Liab	1.6B	1.7B	2.2B	2.3B	2.0B	2.1B
Total Current Assets	1.4B	951.1M	1.5B	753.7M	668.3M	701.7M
Accumulated Other Comprehensive Income	(5.3M)	23.8M	(21.3M)	(47M)	(50.9M)	(48.4M)
Short Term Debt	25.9M	28.9M	13.8M	26.1M	29.8M	28.3M
Other Current Liab	34.6M	29.2M	300.5M	41.9M	42.3M	54.9M
Net Receivables	1.0	47.2M	83M	67.5M	3.1M	2.9M
Inventory	327.3M	302.1M	199.9M	266.3M	271.9M	170.7M
Other Liab	728M	766.5M	571.7M	593.4M	682.4M	716.5M
Long Term Debt	458.7M	456.9M	910M	825.8M	1.0B	1.1B
Common Stock	2.7B	2.7B	2.7B	2.7B	3.1B	2.1B
Property Plant Equipment	2.3B	2.4B	2.6B	2.6B	3.0B	1.9B
Short Term Investments	6M	7.6M	0.0	76.9M	1M	950K
Current Deferred Revenue	17.6M	36.3M	189.7M	239.5M	151.0M	158.6M
Property Plant And Equipment Gross	2.4B	6.6B	5.7B	6.8B	7.5B	7.9B
Net Tangible Assets	2.3B	2.5B	2.2B	2.1B	1.9B	1.9B
Long Term Investments	31.6M	45.1M	8.1M	16.2M	11.3M	10.7M
Short Long Term Debt	7.9M	7.5M	8.7M	5M	1M	950K
Long Term Debt Total	449.3M	507.5M	501.1M	978.7M	1.1B	596.7M

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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

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Is IAMGold Stock a good investment?

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What is IAMGold's Net Worth?

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Largest Metals & Mining Companies

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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

1.5

Revenue Per Share

3.025

Quarterly Revenue Growth

0.579

Return On Assets

0.0597

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.

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IAMGold Tax Provision vs Minority Interest Analysis

Tax Provision vs Minority Interest

Tax Provision vs Minority Interest Correlation Analysis

Correlation Coefficient

Tax Provision

Minority Interest

IAMGold fundamental ratios Correlations

IAMGold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IAMGold fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 0.99	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.98	Cash
Common Stock	+ 0.98	Common Stock Shares Outstanding
Total Liab	+ 0.98	Non Current Liabilities Total
Other Current Liab	+ 0.97	Other Current Assets
Total Stockholder Equity	+ 0.91	Total Assets

Cash And Short Term Investments	- 0.8	Net Debt
Cash	- 0.79	Net Debt
Other Assets	- 0.7	Short Long Term Debt Total
Net Receivables	- 0.66	Other Stockholder Equity
Other Assets	- 0.65	Net Debt
Short Term Debt	- 0.63	Other Stockholder Equity