Iron Mountain Balance Sheet Health
Financial Health criteria checks 0/6
Iron Mountain has a total shareholder equity of $389.7M and total debt of $11.6B, which brings its debt-to-equity ratio to 2972.2%. Its total assets and total liabilities are $17.5B and $17.1B respectively. Iron Mountain's EBIT is $1.1B making its interest coverage ratio 1.9. It has cash and short-term investments of $222.8M.
Key information
2,972.2%
Debt to equity ratio
US$11.58b
Debt
Interest coverage ratio | 1.9x |
Cash | US$222.79m |
Equity | US$389.72m |
Total liabilities | US$17.08b |
Total assets | US$17.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JDP's short term assets ($1.7B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: 0JDP's short term assets ($1.7B) do not cover its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: 0JDP's net debt to equity ratio (2915%) is considered high.
Reducing Debt: 0JDP's debt to equity ratio has increased from 398.2% to 2972.2% over the past 5 years.
Debt Coverage: 0JDP's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 0JDP's interest payments on its debt are not well covered by EBIT (1.9x coverage).