IAMGOLD Balance Sheet Health
Financial Health criteria checks 3/6
IAMGOLD has a total shareholder equity of $3.3B and total debt of $810.7M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are $5.6B and $2.3B respectively. IAMGOLD's EBIT is $357.2M making its interest coverage ratio -7.6. It has cash and short-term investments of $554.4M.
Key information
24.5%
Debt to equity ratio
US$810.70m
Debt
| Interest coverage ratio | -7.6x |
| Cash | US$554.40m |
| Equity | US$3.31b |
| Total liabilities | US$2.25b |
| Total assets | US$5.56b |
Recent financial health updates
We Think IAMGOLD (TSE:IMG) Can Stay On Top Of Its Debt
Oct 07
Is IAMGOLD (TSE:IMG) Weighed On By Its Debt Load?
Apr 12IAMGOLD (TSE:IMG) Has A Somewhat Strained Balance Sheet
May 09Recent updates
Returns On Capital Are Showing Encouraging Signs At IAMGOLD (TSE:IMG)
Nov 06Here's Why IAMGOLD (TSE:IMG) Has Caught The Eye Of Investors
Oct 22We Think IAMGOLD (TSE:IMG) Can Stay On Top Of Its Debt
Oct 07Investors Appear Satisfied With IAMGOLD Corporation's (TSE:IMG) Prospects As Shares Rocket 37%
Sep 06It's A Story Of Risk Vs Reward With IAMGOLD Corporation (TSE:IMG)
Jul 17Shareholders In IAMGOLD (TSE:IMG) Should Look Beyond Earnings For The Full Story
May 21Is IAMGOLD (TSE:IMG) Weighed On By Its Debt Load?
Apr 12IAMGOLD Corporation (TSE:IMG) Stock Rockets 31% But Many Are Still Ignoring The Company
Mar 15IAMGOLD Corporation (TSE:IMG) Could Be Riskier Than It Looks
Jan 23IAMGOLD (TSE:IMG) Could Be At Risk Of Shrinking As A Company
Oct 16IAMGOLD (TSE:IMG) Has A Somewhat Strained Balance Sheet
May 09The Returns On Capital At IAMGOLD (TSE:IMG) Don't Inspire Confidence
Apr 12Financial Position Analysis
Short Term Liabilities: IMG's short term assets ($913.0M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: IMG's short term assets ($913.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: IMG's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: IMG's debt to equity ratio has increased from 14.8% to 24.5% over the past 5 years.
Debt Coverage: IMG's debt is well covered by operating cash flow (55.9%).
Interest Coverage: IMG earns more interest than it pays, so coverage of interest payments is not a concern.