IAGIAMGOLD Corporation

$21.53

Is it safe?

Can IAG take a bad year?

IAMGOLD Corporation holds $447M more cash than debt, so a bad year is a question about profits, not about lenders.

$447M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
7.76×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
62%

Annualised volatility · three times the market's own swing

Details
Total debtQ4 2017
$392M
Cash and short-term investments
$839M
Net cash
$447M
EBITDA, trailing twelve months
$347M
Operating profit, trailing twelve months
$79M
Debt / equity
0.14×
Total debt / EBITDA
1.13×
Annualised volatilitytwo years of daily moves
62%
Worst drawdown on file
−86%
Below its 52-week high
−12%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.