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
Iron Mountain: Well-Run REIT, Overpriced For Now
Dec 11Iron Mountain: Deserves A Downgrade, Overly Expensive Here
Sep 21Iron Mountain Stock Is Clearly Overvalued
Aug 22Iron Mountain: Overbought, Rising Debt, And AI Relevance (Technical Analysis)
Jun 28Iron Mountain Q1: Impending Dividend Raise May Justify Its Investment Thesis
May 15Iron Mountain Has No Lack Of Catalysts But Is Fully Valued Now
Mar 29Iron Mountain: The Generative AI Hype Is Unstoppable
Feb 25Iron Mountain: Narrative-Driven Market Pricing
Feb 05Iron Mountain: Expensive Relative To Other REITs (Rating Downgrade)
Jan 07Up 40%, A Closer Look At 4%-Yielding Iron Mountain
Dec 23Iron Mountain: Put This REIT On Your Shopping List After A Record Quarter
Nov 08Iron Mountain: Graham's Wisdom On Rates And Defensive Stocks (Rating Downgrade)
Oct 06Iron Mountain: Capitalizing On The Generative AI Boom
Aug 28Iron Mountain: Wide Moat, Record Earnings, 5% Dividend Hike
Aug 13Iron Mountain: Little Upside Left
Jul 27Iron Mountain: Wide Moat Dividend REIT, Record Q1 Revenue
Jun 09Iron Mountain: Buy This REIT For 'Mountainous' Dividend Income
Jun 02Financial Position Analysis
Short Term Liabilities: IRM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRM 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: IRM has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IRM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRM's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: IRM's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Iron Mountain Incorporated is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Gary Bisbee | Barclays |
| Brendan Lynch | Barclays |