>
Switch to:

Iron Mountain Debt-to-Equity

: 9.63 (As of Jun. 2021)
View and export this data going back to 1996. Start your Free Trial

Iron Mountain's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $106 Mil. Iron Mountain's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $10,947 Mil. Iron Mountain's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $1,148 Mil. Iron Mountain's debt to equity for the quarter that ended in Jun. 2021 was 9.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Iron Mountain's Debt-to-Equity or its related term are showing as below:

NYSE:IRM' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.69   Med: 2.03   Max: 11.81
Current: 9.63

-12.69
11.81

During the past 13 years, the highest Debt-to-Equity Ratio of Iron Mountain was 11.81. The lowest was -12.69. And the median was 2.03.

NYSE:IRM's Debt-to-Equity is ranked lower than
64% of the 191 Companies
in the REITs industry.

( Industry Median: 1.32 vs. NYSE:IRM: 9.63 )

Iron Mountain Debt-to-Equity Historical Data

The historical data trend for Iron Mountain's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iron Mountain Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.23 3.07 4.38 7.25 9.68

Iron Mountain Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.16 11.81 9.68 11.44 9.63

Competitive Comparison

For the REIT - Specialty subindustry, Iron Mountain's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Iron Mountain Debt-to-Equity Distribution

For the REITs industry and Real Estate sector, Iron Mountain's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Iron Mountain's Debt-to-Equity falls into.



Iron Mountain Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iron Mountain's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Iron Mountain's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iron Mountain  (NYSE:IRM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Iron Mountain Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Iron Mountain's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Iron Mountain Business Description

Iron Mountain logo
Industry
Real Estate » REITs NAICS : 523991 SIC : 6798
Traded in Other Exchanges
Address
One Federal Street, Boston, MA, USA, 02110
Iron Mountain Inc is a record management services provider. The firm is organized as a REIT. Most of its revenue comes from its storage business, with the rest coming from value-added services. The firm primarily caters to enterprise clients in developed markets. Its business segments include Global RIM Business; Global Data Center Business; and Corporate and Other Business.
Executives
Simons Doyle director 220 OCCIDENTAL AVENUE SOUTH SEATTLE WA 98104
Matlock Robin director C/O IRON MOUNTAIN INCORPORATED ONE FEDERAL STREET BOSTON MA 02110
Verrecchia Alfred J director C/O HASBRO INC 1011 NEWPORT AVENUE PAWTUCKET RI 02862
Halvorsen Kris director 20330 STEVENS CREEK BLVD CUPERTINO CA 95014
Bailey Clark H director 10 OXFORD ROAD LARCHMONT NY 01538
Borges Daniel officer: SVP & Chief Accounting Officer C/O IRON MOUNTAIN INCORPORATED ONE FEDERAL STREET BOSTON MA 02110
Allerton Jennifer director C/O IRON MOUNTAIN INCORPORATED ONE FEDERAL STREET BOSTON MA 02110
Rakowich Walter C director 14100 E 35TH PL AURORA CO 80011
Arway Pamela M director 601 HAWAII ST. EL SEGUNDO CA 90245
Ford Monte E director C/O AKAMAI TECHNOLOGIES, INC. 8 CAMBRIDGE CENTER CAMBRIDGE MA 02142
Murdock Wendy J. director C/O IRON MOUNTAIN INCORPORATED ONE FEDERAL STREET BOSTON MA 02110
Deninger Paul F director C/O JEFFERIES & CO. 1050 WINTER STREET WALTHAM MA 02451
Dauten Kent P director KEYSTONE CAPITAL INC 520 LAKE COOK ROAD SUITE 450 DEERFIELD IL 60015
Antenucci Ted R director 14100 E 35TH PLACE AURORA CO 80011
Russo Fidelma officer: EVP, Chief Technology Officer C/O IRON MOUNTAIN INCORPORATED ONE FEDERAL STREET BOSTON MA 02110

Iron Mountain Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)