Iamgold (HAM:IAL) Debt-to-Equity: 0.15 (As of Mar. 2026) — 32% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:IAL Iamgold Corp HAM:IAL
81 GF Score
Price €12.81
GF Value €10.75
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What is Iamgold Debt-to-Equity?

Iamgold HAM:IAL -5.85% 81 Debt-to-Equity is 0.15 as of Mar. 2026, which is 32% below its 10-year median of 0.22. GuruFocus rates HAM:IAL with a GF Score™ of 81/100 and a GF Value™ of €10.75. Among 1,221 Metals & Mining companies, Iamgold ranks better than 50.2% on this metric.

Iamgold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €28 Mil. Iamgold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €535 Mil. Iamgold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €3,749 Mil. Iamgold's debt to equity for the quarter that ended in Mar. 2026 was 0.15.

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 Iamgold's Debt-to-Equity or its related term are showing as below:

HAM:IAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.47
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Iamgold was 0.47. The lowest was 0.14. And the median was 0.22.

HAM:IAL's Debt-to-Equity is ranked better than
50.2% of 1221 companies
in the Metals & Mining industry
Industry Median: 0.15 vs HAM:IAL: 0.15

Iamgold  (HAM:IAL) 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.


Iamgold Debt-to-Equity Related Terms


Iamgold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Iamgold'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.

Iamgold Debt-to-Equity Chart

Iamgold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.47 0.43 0.35 0.18

Iamgold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial 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 0.34 0.35 0.31 0.18 0.15

HAM:IAL vs NEM, AU: Debt-to-Equity Comparison

For the Gold subindustry, Iamgold'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.


Iamgold Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Iamgold's Debt-to-Equity distribution charts can be found below:

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


HAM:IAL
81GF Score
Iamgold Corp HAM:IAL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Iamgold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iamgold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Iamgold's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.15 mean?
Iamgold (HAM:IAL) has a Debt-to-Equity of 0.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Iamgold and its competitors. This is 32% below median its historical median of 0.22. Over the past decade, Iamgold's Debt-to-Equity has ranged from 0.14 to 0.47. According to the industry distribution chart, Iamgold ranks #608 out of 1221 companies in the Metals & Mining industry, placing it in the top 49.8%.
Is Iamgold's Debt-to-Equity too high?
Iamgold's current Debt-to-Equity of 0.15 is 32% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.47. The Metals & Mining industry median Debt-to-Equity is 0.15. Iamgold's value of 0.15 is 0% at this industry median. Based on the distribution chart, Iamgold ranks #608 out of 1221 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Iamgold has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Iamgold's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Iamgold ranks #608 out of 1221 companies for Debt-to-Equity. This puts Iamgold in the upper half of its industry. The industry median Debt-to-Equity is 0.15. Iamgold's value of 0.15 is 0% at this benchmark. Historically, Iamgold's own Debt-to-Equity has ranged from 0.14 to 0.47 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.15, Iamgold has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iamgold's current Debt-to-Equity of 0.15 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Iamgold and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iamgold's current Debt-to-Equity is 0.15, which is 32% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iamgold stock overvalued right now?
Iamgold (HAM:IAL) has a current Debt-to-Equity of 0.15. The stock's GF Value™ is €10.75, compared to a current price of €12.81 — trading 19.1% above its estimated fair value. The current Debt-to-Equity is 0.15, which is 32% below median its 10-year median of 0.22 and 0% at the Metals & Mining industry median of 0.15. Iamgold's overall GF Score™ is 81/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Iamgold (HAM:IAL), the current Debt-to-Equity is 0.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Iamgold (HAM:IAL) Overvalued in 2026?

Based on GuruFocus' analysis, Iamgold stock appears to be overvalued. The current stock price of €12.81 is trading 19.1% above its estimated GF Value™ of €10.75.

Key valuation signals for HAM:IAL:

  • Debt-to-Equity: 0.15 (32% below median its 10-year median of 0.22)
  • GF Value™: €10.75 vs. price of €12.81 (19.1% above fair value)
  • GF Score™: 81/100
  • Industry Position: 0% at the Metals & Mining median (#608 of 1221)

No single metric tells the full story. See the HAM:IAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iamgold Business Description

Address 150 King Street West, Suite 2200, Toronto, ON, CAN, M5H 1J9
Iamgold Corp is a mid-tier gold mining company. The company operating gold mines are divided into geographic segments such as Cote Gold mine - Canada, Burkina Faso - Essakane mine, Westwood mine - Canada. The company's s non-gold mine segments are Exploration and evaluation and development, and Corporate - which includes royalty interests. The company generates the majority of its revenue from the Cote Gold mine segment.
81GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.81
Price
€10.75
GF Value