IAMGold Return On Equity from 2010 to 2024
| IAG Stock | USD 4.52 0.12 2.73% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.04296688 | Current Value 0.0451 | Quarterly Volatility 0.16382673 |
Check IAMGold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IAMGold main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.6 M, Interest Expense of 138.5 M or Total Revenue of 774.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.15, Dividend Yield of 0.0034 or PTB Ratio of 0.53. IAMGold financial statements analysis is a perfect complement when working with IAMGold Valuation or Volatility modules.
IAMGold | Return On Equity |
Latest IAMGold's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of IAMGold over the last few years. Return on Equity is the amount of IAMGold net income returned as a percentage of IAMGold equity. Return on equity measures IAMGold profitability by revealing how much profit IAMGold generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. IAMGold's Return On Equity 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.
| View | Last Reported 0.0657 | 10 Years Trend |
|
Return On Equity |
| Timeline |
IAMGold Return On Equity Regression Statistics
| Arithmetic Mean | (0.03) | |
| Geometric Mean | 0.07 | |
| Coefficient Of Variation | (478.64) | |
| Mean Deviation | 0.12 | |
| Median | (0.01) | |
| Standard Deviation | 0.16 | |
| Sample Variance | 0.03 | |
| Range | 0.6306 | |
| R-Value | 0.06 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0 | |
| Significance | 0.82 | |
| Slope | 0 | |
| Total Sum of Squares | 0.38 |
IAMGold Return On Equity History
About IAMGold Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include IAMGold income statement, its balance sheet, and the statement of cash flows. IAMGold investors use historical funamental indicators, such as IAMGold's Return On Equity, to determine how well the company is positioned to perform in the future. Although IAMGold investors may use each financial statement separately, they are all related. The changes in IAMGold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IAMGold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on IAMGold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in IAMGold. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.04 | 0.05 |
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.Note that the IAMGold information on this page should be used as a complementary analysis to other IAMGold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for IAMGold Stock analysis
When running IAMGold's price analysis, check to measure IAMGold'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 IAMGold is operating at the current time. Most of IAMGold's value examination focuses on studying past and present price action to predict the probability of IAMGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IAMGold's price. Additionally, you may evaluate how the addition of IAMGold to your portfolios can decrease your overall portfolio volatility.
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Is IAMGold's industry 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 3.774 | Earnings Share 0.28 | Revenue Per Share 2.276 | Quarterly Revenue Growth 0.498 | Return On Assets 0.0097 |
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.