IAMGold Capex To Depreciation vs Free Cash Flow Yield Analysis

IMG Stock

CAD 7.99 0.04 0.50%

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 Capex To Depreciation and its Free Cash Flow Yield 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 board of governors.

To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between IAMGold's Capex To Depreciation and Free Cash Flow Yield is -0.63. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of IAMGold are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., IAMGold's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.63

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 board of governors.

To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.At this time, IAMGold's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 7.77, while Selling General Administrative is likely to drop about 32.7 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	172.1M	82.6M	95.6M	88.9M
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	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Net Receivables	Inventory	Other Assets	Common Stock Total Equity
Total Assets		0.52	0.38	0.44	0.9	0.56	0.12	-0.11	0.31	0.64	0.51	0.96	0.2	0.56	0.81	0.53	0.22	0.13	0.53	0.35	0.8	0.41	0.67	0.85	0.85	0.83
Short Long Term Debt Total	0.52		0.49	0.84	0.31	0.67	0.77	0.52	-0.2	0.79	-0.04	0.53	0.03	-0.04	0.45	0.84	0.0	0.02	0.88	0.79	0.33	0.05	0.21	0.27	0.5	0.59
Other Current Liab	0.38	0.49		0.52	0.24	0.1	0.32	0.25	0.14	0.3	-0.09	0.27	0.2	-0.1	0.14	0.28	-0.1	0.21	0.38	0.31	0.51	0.07	0.03	0.01	0.12	0.13
Total Current Liabilities	0.44	0.84	0.52		0.19	0.62	0.91	0.44	-0.31	0.9	-0.01	0.46	0.03	-0.06	0.44	0.78	0.25	0.0	0.9	0.94	0.28	-0.17	0.17	0.28	0.52	0.53
Total Stockholder Equity	0.9	0.31	0.24	0.19		0.34	-0.15	-0.38	0.6	0.43	0.63	0.84	0.43	0.71	0.61	0.23	0.21	0.36	0.23	0.1	0.78	0.64	0.74	0.75	0.78	0.65
Property Plant And Equipment Net	0.56	0.67	0.1	0.62	0.34		0.55	0.58	-0.22	0.74	-0.1	0.66	-0.5	-0.06	0.55	0.9	-0.08	-0.55	0.85	0.7	0.16	0.15	0.22	0.55	0.64	0.65
Current Deferred Revenue	0.12	0.77	0.32	0.91	-0.15	0.55		0.59	-0.52	0.78	-0.24	0.19	-0.13	-0.32	0.23	0.71	0.16	-0.14	0.81	0.95	-0.08	-0.38	-0.05	-0.01	0.28	0.33
Net Debt	-0.11	0.52	0.25	0.44	-0.38	0.58	0.59		-0.46	0.23	-0.82	0.04	-0.67	-0.81	-0.09	0.58	-0.51	-0.63	0.56	0.53	-0.42	-0.16	-0.47	-0.18	-0.15	0.0
Retained Earnings	0.31	-0.2	0.14	-0.31	0.6	-0.22	-0.52	-0.46		-0.22	0.29	0.28	0.5	0.38	-0.23	-0.41	-0.12	0.5	-0.39	-0.39	0.27	0.69	0.37	0.13	0.03	-0.2
Accounts Payable	0.64	0.79	0.3	0.9	0.43	0.74	0.78	0.23	-0.22		0.27	0.65	0.04	0.24	0.66	0.83	0.39	-0.03	0.9	0.9	0.43	-0.05	0.46	0.55	0.78	0.74
Cash	0.51	-0.04	-0.09	-0.01	0.63	-0.1	-0.24	-0.82	0.29	0.27		0.35	0.56	0.98	0.51	-0.03	0.66	0.48	-0.02	-0.13	0.74	0.1	0.72	0.52	0.55	0.47
Non Current Assets Total	0.96	0.53	0.27	0.46	0.84	0.66	0.19	0.04	0.28	0.65	0.35		0.08	0.41	0.76	0.57	0.14	0.02	0.56	0.43	0.61	0.43	0.59	0.84	0.83	0.8
Non Currrent Assets Other	0.2	0.03	0.2	0.03	0.43	-0.5	-0.13	-0.67	0.5	0.04	0.56	0.08		0.53	0.02	-0.36	0.43	0.99	-0.25	-0.12	0.42	0.21	0.35	0.04	0.18	0.05
Cash And Short Term Investments	0.56	-0.04	-0.1	-0.06	0.71	-0.06	-0.32	-0.81	0.38	0.24	0.98	0.41	0.53		0.52	-0.04	0.54	0.45	-0.05	-0.17	0.76	0.27	0.76	0.56	0.57	0.48
Common Stock Shares Outstanding	0.81	0.45	0.14	0.44	0.61	0.55	0.23	-0.09	-0.23	0.66	0.51	0.76	0.02	0.52		0.58	0.36	-0.07	0.57	0.41	0.7	0.1	0.55	0.8	0.88	0.97
Non Current Liabilities Total	0.53	0.84	0.28	0.78	0.23	0.9	0.71	0.58	-0.41	0.83	-0.03	0.57	-0.36	-0.04	0.58		0.06	-0.41	0.98	0.78	0.28	-0.11	0.17	0.48	0.6	0.68
Other Current Assets	0.22	0.0	-0.1	0.25	0.21	-0.08	0.16	-0.51	-0.12	0.39	0.66	0.14	0.43	0.54	0.36	0.06		0.36	0.12	0.19	0.36	-0.44	0.39	0.31	0.45	0.35
Other Stockholder Equity	0.13	0.02	0.21	0.0	0.36	-0.55	-0.14	-0.63	0.5	-0.03	0.48	0.02	0.99	0.45	-0.07	-0.41	0.36		-0.29	-0.15	0.35	0.2	0.29	-0.04	0.08	-0.04
Total Liab	0.53	0.88	0.38	0.9	0.23	0.85	0.81	0.56	-0.39	0.9	-0.02	0.56	-0.25	-0.05	0.57	0.98	0.12	-0.29		0.87	0.3	-0.13	0.18	0.44	0.6	0.67
Property Plant And Equipment Gross	0.35	0.79	0.31	0.94	0.1	0.7	0.95	0.53	-0.39	0.9	-0.13	0.43	-0.12	-0.17	0.41	0.78	0.19	-0.15	0.87		0.06	-0.19	0.14	0.25	0.51	0.51
Total Current Assets	0.8	0.33	0.51	0.28	0.78	0.16	-0.08	-0.42	0.27	0.43	0.74	0.61	0.42	0.76	0.7	0.28	0.36	0.35	0.3	0.06		0.27	0.65	0.62	0.67	0.65
Short Term Debt	0.41	0.05	0.07	-0.17	0.64	0.15	-0.38	-0.16	0.69	-0.05	0.1	0.43	0.21	0.27	0.1	-0.11	-0.44	0.2	-0.13	-0.19	0.27		0.4	0.26	0.25	0.13
Net Receivables	0.67	0.21	0.03	0.17	0.74	0.22	-0.05	-0.47	0.37	0.46	0.72	0.59	0.35	0.76	0.55	0.17	0.39	0.29	0.18	0.14	0.65	0.4		0.55	0.65	0.53
Inventory	0.85	0.27	0.01	0.28	0.75	0.55	-0.01	-0.18	0.13	0.55	0.52	0.84	0.04	0.56	0.8	0.48	0.31	-0.04	0.44	0.25	0.62	0.26	0.55		0.83	0.79
Other Assets	0.85	0.5	0.12	0.52	0.78	0.64	0.28	-0.15	0.03	0.78	0.55	0.83	0.18	0.57	0.88	0.6	0.45	0.08	0.6	0.51	0.67	0.25	0.65	0.83		0.91
Common Stock Total Equity	0.83	0.59	0.13	0.53	0.65	0.65	0.33	0.0	-0.2	0.74	0.47	0.8	0.05	0.48	0.97	0.68	0.35	-0.04	0.67	0.51	0.65	0.13	0.53	0.79	0.91

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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	4.5B	2.7B
Short Long Term Debt Total	467.3M	533.4M	530M	992.5M	952.1M	999.7M
Other Current Liab	18.5M	27.9M	58.7M	338.3M	46.4M	59.2M
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	3.8B	2.0B
Non Currrent Assets Other	307.3M	333M	325.8M	203M	238.6M	282.2M
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	4.5B	2.7B
Non Current Liabilities Total	1.2B	1.3B	1.1B	1.6B	1.6B	1.7B
Other Current Assets	45.6M	120.7M	96.5M	30.4M	53.7M	43.9M
Other Stockholder Equity	54M	60.6M	59.1M	58.2M	59.2M	56.2M
Total Liab	1.4B	1.6B	1.7B	2.2B	2.3B	2.4B
Property Plant And Equipment Gross	2.3B	2.4B	6.6B	5.7B	6.8B	7.2B
Total Current Assets	1.3B	1.4B	951.1M	1.5B	753.7M	700.5M
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	49.4M
Net Receivables	72.2M	120.7M	96.5M	83M	66.6M	66.2M
Inventory	308.5M	327.3M	302.1M	199.9M	266.3M	166.0M
Other Assets	288.3M	304.8M	313M	259.5M	298.4M	270.8M
Common Stock Total Equity	2.7B	2.7B	2.7B	2.7B	3.1B	2.3B
Common Stock	2.7B	2.7B	2.7B	2.7B	2.7B	2.4B
Short Term Investments	127.2M	119.5M	6.1M	6M	7.6M	0.0
Other Liab	728M	766.5M	571.7M	593.4M	682.4M	608.9M
Net Tangible Assets	2.3B	2.5B	2.2B	2.1B	1.9B	1.9B
Long Term Debt	403.9M	458.7M	456.9M	910M	825.8M	624.1M
Long Term Investments	23.4M	31.6M	45.1M	8.1M	16.2M	15.4M
Property Plant Equipment	2.3B	2.4B	2.6B	2.6B	2.4B	2.0B
Long Term Debt Total	449.3M	507.5M	501.1M	978.7M	1.1B	596.7M

Pair Trading with IAMGold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IAMGold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IAMGold will appreciate offsetting losses from the drop in the long position's value.

Moving together with IAMGold Stock

0.77

First Majestic Silver

Pair Corr

The ability to find closely correlated positions to IAMGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IAMGold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IAMGold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IAMGold to buy it.

The correlation of IAMGold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IAMGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IAMGold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for IAMGold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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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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 board of governors.

To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.

You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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

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IAMGold Capex To Depreciation vs Free Cash Flow Yield Analysis

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Free Cash Flow Yield

IAMGold fundamental ratios Correlations

IAMGold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

IAMGold fundamental ratios Accounts

Pair Trading with IAMGold

Moving together with IAMGold Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 0.99	Non Currrent Assets Other
Cash And Short Term Investments	+ 0.98	Cash
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.95	Current Deferred Revenue

Cash	- 0.82	Net Debt
Cash And Short Term Investments	- 0.81	Net Debt
Non Currrent Assets Other	- 0.67	Net Debt
Other Stockholder Equity	- 0.63	Net Debt
Other Stockholder Equity	- 0.55	Property Plant And Equipment Net
Retained Earnings	- 0.52	Current Deferred Revenue