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
Iron 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 02Does Iron Mountain (NYSE:IRM) Deserve A Spot On Your Watchlist?
Mar 18
Iron Mountain's Q4 earnings: Enhancing revenues through data center segment expansion
Feb 22Iron Mountain: Don't Buy Now
Jan 31Iron Mountain: Prepare For A $45~$55 Holding Range
Jan 05Iron Mountain: I'm Buying The Sell-Off
Dec 28Iron Mountain: The Mountain's Collapse Could Be Far From Over
Oct 17Iron Mountain shares slide after unveiling Project Matterhorn growth targets
Sep 20Iron Mountain goes ex-dividend tomorrow
Sep 13Iron Mountain: The Complexity Discount
Aug 12Iron Mountain Insight now offered on Amazon Web Services as SaaS
Jul 28Financial Position Analysis
Short Term Liabilities: IRM's short term assets ($1.7B) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: IRM's short term assets ($1.7B) do not cover its long term liabilities ($14.8B).
Debt to Equity History and Analysis
Debt Level: IRM's net debt to equity ratio (2915%) is considered high.
Reducing Debt: IRM's debt to equity ratio has increased from 398.2% to 2972.2% over the past 5 years.
Debt Coverage: IRM's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: IRM's interest payments on its debt are not well covered by EBIT (1.9x coverage).