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IGO has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
IGO did not have earnings to cover the interest expense.
IGO's debt to revenue ratio for the quarter that ended in Dec. 2025 was 0.06.
As of today, IGO's Altman Z-Score is 10.22.
IGO (OTCPK:IPGDF) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
IGO has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
IGO Financial Strength Related Terms
IGO Financial Strength Competitor Comparison
For the Other Industrial Metals & Mining subindustry, IGO's Financial Strength, along with its competitors' market caps and Financial Strength 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.
IGO Financial Strength vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, IGO's Financial Strength distribution charts can be found below:
* The bar in red indicates where IGO's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
IGO has a Z-score of 10.22, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 10.22 is strong.
* 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.
IGO (IPGDF) has a Financial Strength of 8 as of Dec. 2025. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on IGO and its competitors. This is near median its historical median of 8.00. Over the past decade, IGO's Financial Strength has ranged from 5.00 to 10.00.
Is IGO's Financial Strength too high?
IGO's current Financial Strength of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 10.00. Overall, IGO has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGO's Financial Strength compare to competitors?
IGO's Financial Strength of 8 can be compared against companies in the Metals & Mining industry. Historically, IGO's own Financial Strength has ranged from 5.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Metals & Mining company?
A good Financial Strength depends on the Metals & Mining industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on IGO and its competitors. IGO's current Financial Strength is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGO stock overvalued right now?
Based on GuruFocus' analysis, IGO (IPGDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.39, compared to a current price of $5.70 — trading 138.5% above its estimated fair value. The current Financial Strength is 8, which is near median its 10-year median of 8.00. IGO's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For IGO (IPGDF), the current Financial Strength is 8 as of Dec. 2025. 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 IGO (IPGDF) Overvalued in 2026?
Based on GuruFocus' analysis, IGO stock appears to be overvalued.
The current stock price of $5.70 is trading 138.5% above its estimated GF Value™ of $2.39.
GuruFocus considers IGO to be Significantly Overvalued.
Key valuation signals for IPGDF:
Financial Strength: 8 (near median its 10-year median of 8.00)
GF Value™: $2.39 vs. price of $5.70 (138.5% above fair value)
No single metric tells the full story. See the IPGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium and Albemarle. Greenbushes is the world's lowest-cost hard rock lithium resource. IGO also has an interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.
58GF Score
Get the complete analysis for IPGDF
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