Iron Tax Provision vs Interest Expense Analysis

IRM Stock  USD 119.10  0.37  0.31%   
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 Tax Provision and its Interest Expense 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.

Tax Provision vs Interest Expense

Tax Provision vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Mountain Tax Provision account and Interest Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Iron Mountain's Tax Provision and Interest Expense is 0.26. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Expense 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 Tax Provision and Interest Expense 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 Iron Mountain Incorporated are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Tax Provision i.e., Iron Mountain's Tax Provision and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 24th of November 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 Profit2.6B2.9B3.1B1.6B
Total Revenue4.5B5.1B5.5B2.9B

Iron Mountain fundamental ratios Correlations

0.990.960.99-0.010.890.830.980.970.21.00.210.20.970.830.840.990.010.640.750.990.850.710.88-0.930.83
0.990.930.97-0.160.910.771.00.980.10.990.210.10.950.760.771.00.00.60.731.00.890.630.89-0.950.76
0.960.930.970.090.860.820.920.910.230.950.180.230.920.810.830.930.020.60.650.940.780.70.82-0.850.8
0.990.970.97-0.030.870.840.970.950.170.990.270.170.940.810.830.980.050.70.750.980.810.680.91-0.910.78
-0.01-0.160.09-0.03-0.190.23-0.19-0.160.62-0.03-0.030.62-0.030.380.39-0.14-0.120.130.15-0.13-0.330.44-0.170.150.43
0.890.910.860.87-0.190.650.910.920.020.9-0.20.020.880.640.630.910.050.350.510.910.970.510.7-0.820.66
0.830.770.820.840.230.650.770.770.240.820.290.240.830.930.930.790.090.780.790.80.580.860.71-0.690.76
0.981.00.920.97-0.190.910.770.980.060.990.210.060.950.750.761.00.00.60.721.00.890.60.89-0.950.75
0.970.980.910.95-0.160.920.770.980.140.970.130.140.980.740.750.980.010.540.650.980.910.650.81-0.910.73
0.20.10.230.170.620.020.240.060.140.160.061.00.210.340.340.11-0.070.180.220.12-0.030.670.06-0.130.4
1.00.990.950.99-0.030.90.820.990.970.160.210.160.960.830.830.990.00.640.760.990.850.680.89-0.940.82
0.210.210.180.27-0.03-0.20.290.210.130.060.210.060.140.230.250.210.150.660.440.21-0.190.20.51-0.240.11
0.20.10.230.170.620.020.240.060.141.00.160.060.210.340.340.11-0.070.180.220.12-0.030.670.06-0.130.4
0.970.950.920.94-0.030.880.830.950.980.210.960.140.210.780.80.960.040.560.640.960.860.730.77-0.850.75
0.830.760.810.810.380.640.930.750.740.340.830.230.340.780.980.77-0.120.720.860.780.540.880.71-0.760.92
0.840.770.830.830.390.630.930.760.750.340.830.250.340.80.980.78-0.10.740.820.790.520.870.7-0.740.9
0.991.00.930.98-0.140.910.791.00.980.110.990.210.110.960.770.780.020.610.731.00.890.640.89-0.940.77
0.010.00.020.05-0.120.050.090.00.01-0.070.00.15-0.070.04-0.12-0.10.020.12-0.150.020.09-0.020.060.22-0.31
0.640.60.60.70.130.350.780.60.540.180.640.660.180.560.720.740.610.120.820.620.260.620.79-0.60.56
0.750.730.650.750.150.510.790.720.650.220.760.440.220.640.860.820.73-0.150.820.730.450.690.81-0.80.82
0.991.00.940.98-0.130.910.81.00.980.120.990.210.120.960.780.791.00.020.620.730.880.650.89-0.940.77
0.850.890.780.81-0.330.970.580.890.91-0.030.85-0.19-0.030.860.540.520.890.090.260.450.880.450.65-0.790.56
0.710.630.70.680.440.510.860.60.650.670.680.20.670.730.880.870.64-0.020.620.690.650.450.53-0.590.77
0.880.890.820.91-0.170.70.710.890.810.060.890.510.060.770.710.70.890.060.790.810.890.650.53-0.880.66
-0.93-0.95-0.85-0.910.15-0.82-0.69-0.95-0.91-0.13-0.94-0.24-0.13-0.85-0.76-0.74-0.940.22-0.6-0.8-0.94-0.79-0.59-0.88-0.81
0.830.760.80.780.430.660.760.750.730.40.820.110.40.750.920.90.77-0.310.560.820.770.560.770.66-0.81
Click cells to compare fundamentals

Iron Mountain Account Relationship Matchups

Iron Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8B14.1B14.5B16.1B17.5B18.3B
Short Long Term Debt Total10.4B10.7B11.4B13.3B14.8B15.5B
Other Current Liab961.8M764.3M772.9M743.2M958.5M1.0B
Total Current Liabilities1.9B2.0B2.0B1.9B2.2B2.3B
Total Stockholder Equity1.5B1.1B857.1M636.7M211.6M201.1M
Property Plant And Equipment Net6.5B6.7B2.3B7.7B9.0B9.5B
Current Deferred Revenue274.0M295.8M307.5M328.9M325.7M219.0M
Net Debt10.2B10.5B11.2B13.1B14.6B15.3B
Accounts Payable324.7M359.9M369.1M469.2M539.6M566.6M
Cash193.6M205.1M255.8M141.8M222.8M178.8M
Non Current Assets Total12.6B12.9B13.0B14.6B15.7B16.5B
Non Currrent Assets Other209.9M295.9M5.0B99.8M136.3M129.5M
Cash And Short Term Investments193.6M205.1M255.8M141.8M222.8M178.8M
Net Receivables850.7M859.3M961.4M1.2B1.3B1.3B
Good Will4.5B4.6B4.5B4.9B5.0B2.8B
Common Stock Shares Outstanding287.7M288.6M291.0M292.4M294.0M224.7M
Liabilities And Stockholders Equity13.8B14.1B14.5B16.1B17.5B18.3B
Non Current Liabilities Total10.4B11.0B11.6B13.6B14.8B15.6B
Other Current Assets192.1M410.8M448.0M230.4M252.9M167.5M
Other Stockholder Equity4.3B7.3B7.6B7.9B4.5B2.4B
Total Liab12.4B13.0B13.6B15.5B17.1B17.9B
Property Plant And Equipment Gross6.5B6.7B2.3B11.6B13.1B13.7B
Total Current Assets1.2B1.3B1.4B1.5B1.7B932.3M
Accumulated Other Comprehensive Income(262.6M)(255.9M)(338.3M)(442.0M)(371.2M)(352.6M)
Short Term Debt389.0M444.0M569.0M376.3M412.5M433.1M
Retained Earnings(2.6B)(3.0B)(3.2B)(3.4B)(4.0B)(3.8B)
Intangible Assets1.4B1.3B1.2B1.4B1.3B1.1B
Common Stock Total Equity2.9M2.9M2.9M2.9M3.3M2.1M
Common Stock2.9M2.9M2.9M2.9M2.9M2.1M
Other Liab322.4M402.9M368.0M580.4M667.4M700.8M
Other Assets172.9M295.9M274.2M533.6M34K32.3K
Long Term Debt8.3B8.5B8.7B10.2B11.8B12.4B
Property Plant Equipment11.5B6.7B7.0B7.7B8.9B9.3B
Net Tangible Assets(2.6B)(2.6B)(2.5B)(3.1B)(2.8B)(3.0B)
Noncontrolling Interest In Consolidated Entity1.4M265K1.1M125K112.5K106.9K
Retained Earnings Total Equity(2.6B)(3.0B)(3.2B)(3.4B)(3.1B)(2.9B)
Long Term Debt Total8.3B8.5B9.0B10.5B12.1B6.8B

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When determining whether Iron Mountain is a strong investment it is important to analyze Iron Mountain'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 Iron Mountain's future performance. For an informed investment choice regarding Iron 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 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.