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: 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).