IAMGold Total Current Assets vs Net Receivables Analysis

IAG Stock  USD 4.40  0.08  1.79%   
IAMGold financial indicator trend analysis is infinitely more than just investigating IAMGold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IAMGold is a good investment. Please check the relationship between IAMGold Total Current Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between IAMGold's Total Current Assets and Net Receivables is 0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Total Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of IAMGold are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Assets i.e., IAMGold's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

Most indicators from IAMGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IAMGold 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.The IAMGold's current Enterprise Value is estimated to increase to about 885.4 M, while Selling General Administrative is projected to decrease to roughly 38.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses172.1M82.6M58.1M87.4M
Cost Of Revenue1.1B810.9M923.7M585.8M

IAMGold fundamental ratios Correlations

0.520.480.870.59-0.070.270.660.470.730.180.750.520.810.430.240.120.460.750.390.380.590.830.380.610.84
0.520.850.260.630.53-0.20.76-0.060.770.040.23-0.080.390.840.110.040.880.30.020.510.110.260.460.980.45
0.480.850.190.610.44-0.310.9-0.010.730.050.36-0.060.440.80.180.00.890.28-0.120.530.140.280.580.80.45
0.870.260.190.35-0.390.610.430.630.60.430.560.710.610.110.280.360.130.780.640.260.70.750.110.40.69
0.590.630.610.350.57-0.220.74-0.10.84-0.490.63-0.050.550.85-0.18-0.550.820.170.00.120.220.560.60.630.59
-0.070.530.44-0.390.57-0.460.22-0.820.3-0.67-0.11-0.81-0.090.61-0.52-0.630.59-0.42-0.170.24-0.45-0.180.140.48-0.08
0.27-0.2-0.310.61-0.22-0.46-0.220.290.070.52-0.170.38-0.23-0.420.040.5-0.410.270.850.150.340.13-0.63-0.07-0.15
0.660.760.90.430.740.22-0.220.280.860.060.660.240.660.810.29-0.030.870.43-0.10.320.420.550.730.730.67
0.47-0.06-0.010.63-0.1-0.820.290.280.160.550.520.980.51-0.110.620.48-0.090.740.07-0.080.680.520.32-0.020.52
0.730.770.730.60.840.30.070.860.160.020.540.20.540.820.14-0.040.830.340.230.210.390.580.510.80.62
0.180.040.050.43-0.49-0.670.520.060.550.02-0.190.520.01-0.310.560.99-0.220.420.410.220.310.06-0.220.10.05
0.750.230.360.560.63-0.11-0.170.660.520.54-0.190.530.90.420.27-0.280.420.56-0.16-0.010.570.790.690.250.86
0.52-0.08-0.060.71-0.05-0.810.380.240.980.20.520.530.52-0.140.510.45-0.120.760.18-0.080.730.560.26-0.010.54
0.810.390.440.610.55-0.09-0.230.660.510.540.010.90.520.430.28-0.070.450.69-0.080.170.540.80.720.430.98
0.430.840.80.110.850.61-0.420.81-0.110.82-0.310.42-0.140.430.01-0.340.990.09-0.230.180.050.320.720.780.45
0.240.110.180.28-0.18-0.520.040.290.620.140.560.270.510.280.010.540.060.35-0.1-0.030.250.130.190.120.3
0.120.040.00.36-0.55-0.630.5-0.030.48-0.040.99-0.280.45-0.07-0.340.54-0.260.350.40.20.25-0.04-0.290.09-0.02
0.460.880.890.130.820.59-0.410.87-0.090.83-0.220.42-0.120.450.990.06-0.260.14-0.210.280.070.320.710.810.47
0.750.30.280.780.17-0.420.270.430.740.340.420.560.760.690.090.350.350.140.30.530.610.620.330.40.73
0.390.02-0.120.640.0-0.170.85-0.10.070.230.41-0.160.18-0.08-0.23-0.10.4-0.210.30.320.350.21-0.540.180.02
0.380.510.530.260.120.240.150.32-0.080.210.22-0.01-0.080.170.18-0.030.20.280.530.320.030.02-0.030.570.19
0.590.110.140.70.22-0.450.340.420.680.390.310.570.730.540.050.250.250.070.610.350.030.490.220.170.55
0.830.260.280.750.56-0.180.130.550.520.580.060.790.560.80.320.13-0.040.320.620.210.020.490.490.320.82
0.380.460.580.110.60.14-0.630.730.320.51-0.220.690.260.720.720.19-0.290.710.33-0.54-0.030.220.490.380.68
0.610.980.80.40.630.48-0.070.73-0.020.80.10.25-0.010.430.780.120.090.810.40.180.570.170.320.380.51
0.840.450.450.690.59-0.08-0.150.670.520.620.050.860.540.980.450.3-0.020.470.730.020.190.550.820.680.51
Click cells to compare fundamentals

IAMGold Account Relationship Matchups

IAMGold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.2B4.0B4.4B5.1B2.7B
Short Long Term Debt Total467.3M533.4M530M992.5M947.2M994.6M
Total Current Liabilities266M334.8M581.7M646.2M627.6M659.0M
Total Stockholder Equity2.3B2.5B2.2B2.1B2.2B1.8B
Property Plant And Equipment Net2.3B2.4B2.6B2.7B3.5B3.7B
Net Debt(363.3M)(408.1M)(14.9M)584.7M582.0M611.1M
Retained Earnings(350.2M)(307.9M)(562.2M)(632.4M)(535.5M)(508.8M)
Accounts Payable211.9M244.7M304.4M294.1M316.0M331.8M
Cash830.6M941.5M544.9M407.8M365.2M352.0M
Non Current Assets Total2.6B2.8B3.0B2.9B4.3B4.6B
Non Currrent Assets Other307.3M333M370.9M203M166.2M269.8M
Other Assets288.3M304.8M313M259.5M298.4M167.3M
Cash And Short Term Investments836.7M947.5M552.5M407.8M365.2M386.9M
Common Stock Shares Outstanding468M478M476.5M478.6M484.6M317.7M
Liabilities And Stockholders Equity3.9B4.2B4.0B4.4B5.1B2.7B
Non Current Liabilities Total1.2B1.3B1.1B1.6B2.2B2.3B
Other Current Assets45.6M40M48.0M30.4M52.2M35.6M
Other Stockholder Equity54M60.6M59.1M58.2M58.9M56.0M
Total Liab1.4B1.6B1.7B2.2B2.8B3.0B
Total Current Assets1.3B1.4B951.1M1.5B749.8M700.3M
Accumulated Other Comprehensive Income(44.5M)(5.3M)23.8M(21.3M)(46.8M)(44.4M)
Short Term Debt18M25.9M28.9M13.8M26.0M24.7M
Other Current Liab18.5M27.9M58.7M338.3M46.2M61.4M
Net Receivables72.2M120.7M96.5M83M67.5M67.2M
Inventory308.5M327.3M302.1M199.9M264.9M165.9M
Other Liab728M766.5M571.7M593.4M682.4M716.5M
Long Term Debt403.9M458.7M456.9M910M825.8M867.1M
Common Stock2.7B2.7B2.7B2.7B2.7B2.0B
Property Plant Equipment2.3B2.4B2.6B2.6B3.0B1.9B
Short Term Investments127.2M119.5M6.1M6M7.6M0.0
Current Deferred Revenue17.6M36.3M189.7M239.5M275.4M289.2M
Common Stock Total Equity2.7B2.7B2.7B2.7B3.1B2.1B
Property Plant And Equipment Gross2.3B2.4B6.6B5.7B6.8B7.2B
Net Tangible Assets2.3B2.5B2.2B2.1B1.9B1.9B
Long Term Investments23.4M31.6M45.1M8.1M16.2M15.4M
Long Term Debt Total449.3M507.5M501.1M978.7M1.1B596.7M

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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.