Iron Non Current Assets Total vs Total Current Liabilities 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 Non Current Assets Total and its Total Current Liabilities 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.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iron Mountain Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Iron Mountain's Non Current Assets Total and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Iron Mountain are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Iron Mountain's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Iron Mountain balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Iron Mountain are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Iron Stock Analysis

When running Iron Mountain's price analysis, check to measure Iron Mountain's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iron Mountain is operating at the current time. Most of Iron Mountain's value examination focuses on studying past and present price action to predict the probability of Iron Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iron Mountain's price. Additionally, you may evaluate how the addition of Iron Mountain to your portfolios can decrease your overall portfolio volatility.