Iron Cash vs Intangible Assets Analysis

0JDP Stock   122.30  1.37  1.11%   
Iron Mountain financial indicator trend analysis is infinitely more than just investigating Iron Mountain recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iron Mountain is a good investment. Please check the relationship between Iron Mountain Cash and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iron Mountain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Intangible Assets

Cash vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Mountain Cash account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Iron Mountain's Cash and Intangible Assets is 0.41. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Iron Mountain, assuming nothing else is changed. The correlation between historical values of Iron Mountain's Cash and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Iron Mountain are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., Iron Mountain's Cash and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Iron Mountain, which is listed under current asset account on Iron Mountain balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Iron Mountain customers. The amounts must be unrestricted with restricted cash listed in a different Iron Mountain account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Iron Mountain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iron Mountain current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iron Mountain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Iron Mountain's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 125.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 626.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.9B3.1B1.6B
Total Revenue4.5B5.1B5.5B2.9B

Iron Mountain fundamental ratios Correlations

0.990.970.99-0.010.890.830.980.970.21.00.250.20.970.840.99-0.040.650.750.990.710.8-0.930.820.80.86
0.990.950.97-0.160.910.771.00.980.10.990.260.10.950.771.0-0.060.60.711.00.630.81-0.950.760.720.81
0.970.950.96-0.030.870.80.940.970.250.960.260.250.970.780.960.050.630.620.960.710.7-0.860.730.740.76
0.990.970.96-0.030.870.840.970.950.170.990.310.170.940.830.980.00.70.760.980.680.86-0.910.780.780.83
-0.01-0.16-0.03-0.03-0.190.23-0.19-0.160.62-0.03-0.070.62-0.030.39-0.15-0.080.150.24-0.130.44-0.080.150.430.460.28
0.890.910.870.87-0.190.650.910.920.020.9-0.140.020.880.630.91-0.010.350.530.910.510.64-0.820.650.580.68
0.830.770.80.840.230.650.770.770.240.820.310.240.830.930.780.10.770.780.80.860.67-0.690.760.910.85
0.981.00.940.97-0.190.910.770.980.060.990.250.060.950.761.0-0.060.60.711.00.60.81-0.950.740.70.8
0.970.980.970.95-0.160.920.770.980.140.970.180.140.980.750.99-0.050.540.630.980.650.7-0.910.720.710.76
0.20.10.250.170.620.020.240.060.140.160.061.00.210.340.11-0.060.180.180.120.670.05-0.130.410.40.3
1.00.990.960.99-0.030.90.820.990.970.160.260.160.960.830.99-0.050.650.760.990.680.82-0.940.820.790.86
0.250.260.260.31-0.07-0.140.310.250.180.060.260.060.190.270.250.170.660.380.260.220.48-0.280.130.240.25
0.20.10.250.170.620.020.240.060.141.00.160.060.210.340.11-0.060.180.180.120.670.05-0.130.410.40.3
0.970.950.970.94-0.030.880.830.950.980.210.960.190.210.80.96-0.010.560.620.960.730.67-0.850.740.770.77
0.840.770.780.830.390.630.930.760.750.340.830.270.340.80.77-0.10.750.850.790.870.68-0.740.90.990.92
0.991.00.960.98-0.150.910.781.00.990.110.990.250.110.960.77-0.040.610.711.00.640.8-0.940.760.720.81
-0.04-0.060.050.0-0.08-0.010.1-0.06-0.05-0.06-0.050.17-0.06-0.01-0.1-0.040.13-0.21-0.030.0-0.030.27-0.33-0.15-0.18
0.650.60.630.70.150.350.770.60.540.180.650.660.180.560.750.610.130.750.620.610.71-0.60.580.720.7
0.750.710.620.760.240.530.780.710.630.180.760.380.180.620.850.71-0.210.750.720.650.78-0.790.880.830.92
0.991.00.960.98-0.130.910.81.00.980.120.990.260.120.960.791.0-0.030.620.720.650.81-0.940.770.740.82
0.710.630.710.680.440.510.860.60.650.670.680.220.670.730.870.640.00.610.650.650.48-0.590.780.890.81
0.80.810.70.86-0.080.640.670.810.70.050.820.480.050.670.680.8-0.030.710.780.810.48-0.810.650.630.74
-0.93-0.95-0.86-0.910.15-0.82-0.69-0.95-0.91-0.13-0.94-0.28-0.13-0.85-0.74-0.940.27-0.6-0.79-0.94-0.59-0.81-0.81-0.7-0.85
0.820.760.730.780.430.650.760.740.720.410.820.130.410.740.90.76-0.330.580.880.770.780.65-0.810.90.95
0.80.720.740.780.460.580.910.70.710.40.790.240.40.770.990.72-0.150.720.830.740.890.63-0.70.90.91
0.860.810.760.830.280.680.850.80.760.30.860.250.30.770.920.81-0.180.70.920.820.810.74-0.850.950.91
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Iron Mountain Account Relationship Matchups

Iron Mountain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8B14.1B14.5B16.1B17.5B18.3B
Short Long Term Debt Total10.4B10.7B11.4B13.3B14.8B15.5B
Other Current Liab623.2M764.3M772.9M743.2M997.6M1.0B
Total Current Liabilities1.9B2.0B2.0B1.9B2.2B2.3B
Total Stockholder Equity1.5B1.1B857.1M636.7M211.6M201.1M
Property Plant And Equipment Net6.5B6.7B2.3B7.7B9.0B9.5B
Current Deferred Revenue274.0M295.8M307.5M328.9M325.7M219.0M
Net Debt10.2B10.5B11.2B13.1B14.6B15.3B
Accounts Payable324.7M359.9M369.1M469.2M539.6M566.6M
Cash193.6M205.1M255.8M141.8M222.8M178.8M
Non Current Assets Total12.6B12.9B13.0B14.6B15.7B16.5B
Non Currrent Assets Other209.9M295.9M5.0B99.8M429.6M368.3M
Cash And Short Term Investments193.6M205.1M255.8M141.8M222.8M178.8M
Net Receivables850.7M859.3M961.4M1.2B1.3B1.3B
Common Stock Shares Outstanding287.7M288.6M291.0M292.4M294.0M224.7M
Liabilities And Stockholders Equity13.8B14.1B14.5B16.1B17.5B18.3B
Non Current Liabilities Total10.4B11.0B11.6B13.6B15.0B15.8B
Other Current Assets192.1M410.8M448.0M230.4M252.9M168.0M
Other Stockholder Equity6.9B7.3B7.6B7.9B4.5B2.6B
Total Liab12.4B13.0B13.6B15.5B17.1B17.9B
Total Current Assets1.2B1.3B1.4B1.5B1.7B932.3M
Accumulated Other Comprehensive Income(262.6M)(255.9M)(338.3M)(442.0M)(373.6M)(354.9M)
Short Term Debt612.3M444.0M569.0M376.3M373.4M392.0M
Retained Earnings(2.6B)(3.0B)(3.2B)(3.4B)(4.0B)(3.8B)
Intangible Assets1.4B1.3B1.2B1.4B1.3B1.1B
Common Stock2.9M2.9M2.9M2.9M2.9M2.1M
Good Will4.5B4.6B4.5B4.9B5.0B3.3B
Other Assets191.4M252.5M274.2M398.7M34K32.3K
Long Term Debt7.0B8.1B8.0B8.2B9.5B8.2B
Capital Surpluse4.2B4.3B4.3B4.3B5.0B4.5B
Property Plant Equipment6.5B6.7B7.0B7.7B8.9B6.1B
Other Liab322.4M381.8M368.0M580.4M667.4M444.3M
Net Tangible Assets(4.4B)(4.7B)(4.8B)(5.7B)(5.1B)(5.4B)
Deferred Long Term Liab86.0M108.2M113.1M155.1M178.4M116.7M

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