Iron Mountain Incorporated Working Capital to Net Assets Ratio
Iron Mountain Incorporated working capital to net assets ratio. Iron Mountain Incorporated (IRM) has a Working Capital to Net Assets ratio of 160.4% as of September 2025. Working capital of $-974.71 Million (current assets of $1.88 Billion minus current liabilities of $2.86 Billion) is measured against net assets of $-607.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Iron Mountain Incorporated (1996–2024)
Working capital to net assets ratio of Iron Mountain Incorporated from 1996 to 2024. This chart shows how Iron Mountain Incorporated's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 160.4%, reflecting working capital of $-974.71 Million against net assets of $-607.80 Million USD. Explore investment intensity of Iron Mountain Incorporated to see how much of total assets are deployed in long-term investments.
Iron Mountain Incorporated Working Capital to Net Assets Ratio by Year (1996–2024)
Iron Mountain Incorporated working capital to net assets ratio by year from 1996 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Iron Mountain Incorporated from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Iron Mountain Incorporated asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 616.4% | $-1.40 Billion | $-226.50 Million | $1.69 Billion | $3.09 Billion | ▲ +744.8 pp |
| 2023 | -128.5% | $-500.64 Million | $389.72 Million | $1.74 Billion | $2.24 Billion | ▼ -77.9 pp |
| 2022 | -50.6% | $-370.42 Million | $731.95 Million | $1.55 Billion | $1.92 Billion | ▲ +11.5 pp |
| 2021 | -62.1% | $-577.31 Million | $929.48 Million | $1.44 Billion | $2.02 Billion | ▲ +1.7 pp |
| 2020 | -63.9% | $-725.91 Million | $1.14 Billion | $1.27 Billion | $2.00 Billion | ▼ -15.2 pp |
| 2019 | -48.7% | $-713.17 Million | $1.46 Billion | $1.24 Billion | $1.95 Billion | ▼ -35.0 pp |
| 2018 | -13.7% | $-254.56 Million | $1.86 Billion | $1.21 Billion | $1.46 Billion | ▼ -40.7 pp |
| 2017 | 27.0% | $620.14 Million | $2.30 Billion | $1.95 Billion | $1.33 Billion | ▲ +23.6 pp |
| 2016 | 3.4% | $65.55 Million | $1.94 Billion | $1.11 Billion | $1.05 Billion | ▲ +0.3 pp |
| 2015 | 3.0% | $16.08 Million | $528.61 Million | $857.91 Million | $841.83 Million | ▼ -3.6 pp |
| 2014 | 6.7% | $60.98 Million | $917.03 Million | $917.72 Million | $856.74 Million | ▲ +9.1 pp |
| 2013 | -2.4% | $-25.49 Million | $1.05 Billion | $933.61 Million | $959.10 Million | ▼ -12.7 pp |
| 2012 | 10.2% | $119.14 Million | $1.16 Billion | $1.02 Billion | $904.95 Million | ▲ +5.0 pp |
| 2011 | 5.2% | $65.42 Million | $1.25 Billion | $914.45 Million | $849.03 Million | ▼ -12.4 pp |
| 2010 | 17.6% | $348.16 Million | $1.98 Billion | $1.21 Billion | $857.65 Million | ▼ -0.8 pp |
| 2009 | 18.4% | $396.71 Million | $2.16 Billion | $1.21 Billion | $814.71 Million | ▲ +4.7 pp |
| 2008 | 13.7% | $246.79 Million | $1.81 Billion | $976.39 Million | $729.60 Million | ▲ +10.5 pp |
| 2007 | 3.1% | $56.72 Million | $1.80 Billion | $822.40 Million | $765.68 Million | ▲ +0.5 pp |
| 2006 | 2.6% | $41.07 Million | $1.56 Billion | $679.72 Million | $638.65 Million | ▲ +5.4 pp |
| 2005 | -2.7% | $-37.83 Million | $1.38 Billion | $554.17 Million | $592.00 Million | ▼ -1.6 pp |
| 2004 | -1.2% | $-14.31 Million | $1.23 Billion | $501.15 Million | $515.46 Million | ▲ +8.7 pp |
| 2003 | -9.9% | $-113.16 Million | $1.14 Billion | $471.58 Million | $584.75 Million | ▼ -3.9 pp |
| 2002 | -6.0% | $-60.92 Million | $1.01 Billion | $367.04 Million | $427.96 Million | ▼ -0.8 pp |
| 2001 | -5.2% | $-49.69 Million | $951.25 Million | $309.32 Million | $359.01 Million | ▲ +2.8 pp |
| 2000 | -8.0% | $-77.39 Million | $967.49 Million | $236.67 Million | $314.05 Million | ▼ -6.8 pp |
| 1999 | -1.2% | $-6.60 Million | $531.10 Million | $143.70 Million | $150.30 Million | ▲ +41.1 pp |
| 1998 | -42.4% | $-16.10 Million | $38.00 Million | $52.00 Million | $68.10 Million | ▼ -20.6 pp |
| 1997 | -21.8% | $-12.90 Million | $59.30 Million | $32.20 Million | $45.10 Million | ▼ -115.8 pp |
| 1996 | 94.1% | $-23.93 Million | $-25.44 Million | $20.38 Million | $44.31 Million | — |