Iron Mountain Balance Sheet Health
Financial Health criteria checks 0/6
Iron Mountain has a total shareholder equity of $-31.9M and total debt of $13.0B, which brings its debt-to-equity ratio to -40690.3%. Its total assets and total liabilities are $18.5B and $18.5B respectively. Iron Mountain's EBIT is $1.2B making its interest coverage ratio 1.8. It has cash and short-term investments of $168.5M.
Key information
-40,690.3%
Debt to equity ratio
US$12.97b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$168.52m |
| Equity | -US$31.87m |
| Total liabilities | US$18.50b |
| Total assets | US$18.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRM1 * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRM1 * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IRM1 * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IRM1 *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRM1 *'s debt is not well covered by operating cash flow (9.3%).
Interest Coverage: IRM1 *'s interest payments on its debt are not well covered by EBIT (1.8x coverage).