Iron Mountain Balance Sheet Health
Financial Health criteria checks 0/6
Iron Mountain has a total shareholder equity of $52.1M and total debt of $12.6B, which brings its debt-to-equity ratio to 24103.2%. Its total assets and total liabilities are $18.0B and $17.9B respectively. Iron Mountain's EBIT is $1.2B making its interest coverage ratio 1.8. It has cash and short-term investments of $144.3M.
Key information
24,103.2%
Debt to equity ratio
US$12.56b
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$144.26m |
| Equity | US$52.11m |
| Total liabilities | US$17.91b |
| Total assets | US$17.97b |
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 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 22Financial 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 ($15.8B).
Debt to Equity History and Analysis
Debt Level: IRM's net debt to equity ratio (23826.4%) is considered high.
Reducing Debt: IRM's debt to equity ratio has increased from 469.5% to 24103.2% over the past 5 years.
Debt Coverage: IRM's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: IRM's interest payments on its debt are not well covered by EBIT (1.8x coverage).