IAMGOLD Balance Sheet Health
Financial Health criteria checks 3/6
IAMGOLD has a total shareholder equity of $2.3B and total debt of $820.9M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $4.7B and $2.3B respectively. IAMGOLD's EBIT is $68.2M making its interest coverage ratio -1. It has cash and short-term investments of $291.5M.
Key information
35.2%
Debt to equity ratio
US$820.90m
Debt
| Interest coverage ratio | -1x |
| Cash | US$291.50m |
| Equity | US$2.33b |
| Total liabilities | US$2.34b |
| Total assets | US$4.67b |
Recent financial health updates
Is IAMGOLD (TSE:IMG) Weighed On By Its Debt Load?
Apr 12
IAMGOLD (TSE:IMG) Has A Somewhat Strained Balance Sheet
May 09Is IAMGOLD (TSE:IMG) Weighed On By Its Debt Load?
Jan 16Recent updates
Shareholders 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 12Is IAMGOLD (TSE:IMG) Weighed On By Its Debt Load?
Jan 16Financial Position Analysis
Short Term Liabilities: IMG's short term assets ($636.5M) do not cover its short term liabilities ($699.9M).
Long Term Liabilities: IMG's short term assets ($636.5M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: IMG's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: IMG's debt to equity ratio has increased from 14.2% to 35.2% over the past 5 years.
Debt Coverage: IMG's debt is well covered by operating cash flow (25.3%).
Interest Coverage: IMG earns more interest than it pays, so coverage of interest payments is not a concern.