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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAL's short term assets ($913.0M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: IAL's short term assets ($913.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: IAL's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: IAL's debt to equity ratio has increased from 14.8% to 24.5% over the past 5 years.
Debt Coverage: IAL's debt is well covered by operating cash flow (55.9%).
Interest Coverage: IAL earns more interest than it pays, so coverage of interest payments is not a concern.