IAMGold Interest Coverage from 2010 to 2024

IAG Stock  USD 5.50  0.11  2.04%   
IAMGold's Interest Coverage is decreasing over the last several years with slightly volatile swings. Interest Coverage is estimated to finish at -0.02 this year. During the period from 2010 to 2024 IAMGold Interest Coverage regressed destribution of quarterly values had coefficient of variationof  372.79 and r-value of (0.34). View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(0.02)
Current Value
(0.02)
Quarterly Volatility
32.11514647
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IAMGold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IAMGold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237.8 M, Interest Expense of 20 M or Total Revenue of 774 M, as well as many indicators such as Price To Sales Ratio of 1.17, Dividend Yield of 0.0034 or PTB Ratio of 0.52. IAMGold financial statements analysis is a perfect complement when working with IAMGold Valuation or Volatility modules.
  
Check out the analysis of IAMGold Correlation against competitors.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.

Latest IAMGold's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of IAMGold over the last few years. It is IAMGold's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IAMGold's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

IAMGold Interest Coverage Regression Statistics

Arithmetic Mean8.61
Geometric Mean3.03
Coefficient Of Variation372.79
Mean Deviation22.43
Median(0.01)
Standard Deviation32.12
Sample Variance1,031
Range126
R-Value(0.34)
Mean Square Error985.25
R-Squared0.11
Significance0.22
Slope(2.41)
Total Sum of Squares14,439

IAMGold Interest Coverage History

2024 -0.0156
2023 -0.0164
2022 -0.0143
2021 -19.87
2020 3.18
2019 -1.57
2018 12.63

About IAMGold Financial Statements

IAMGold stakeholders use historical fundamental indicators, such as IAMGold's Interest Coverage, to determine how well the company is positioned to perform in the future. Although IAMGold investors may analyze each financial statement separately, they are all interrelated. For example, changes in IAMGold's assets and liabilities are reflected in the revenues and expenses on IAMGold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in IAMGold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage(0.02)(0.02)

Currently Active Assets on Macroaxis

When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out the analysis of IAMGold Correlation against competitors.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IAMGold. If investors know IAMGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IAMGold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Earnings Share
1.35
Revenue Per Share
2.824
Quarterly Revenue Growth
0.955
Return On Assets
0.0444
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IAMGold's market value can be influenced by many factors that don't directly affect IAMGold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.