Iridium Income Tax Expense from 2010 to 2024

IRDM Stock  USD 28.47  0.56  2.01%   
Iridium Communications Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about -24.9 M this year. During the period from 2010 to 2024, Iridium Communications Income Tax Expense quarterly data regression pattern had range of 181.4 M and standard deviation of  48,889,724. View All Fundamentals
 
Income Tax Expense  
First Reported
2007-03-31
Previous Quarter
4.6 M
Current Value
M
Quarterly Volatility
21.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Iridium Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Iridium Communications' main balance sheet or income statement drivers, such as Interest Expense of 94.9 M, Other Operating Expenses of 381 M or Operating Income of 70.8 M, as well as many indicators such as Price To Sales Ratio of 3.38, Dividend Yield of 0.0113 or PTB Ratio of 5.53. Iridium financial statements analysis is a perfect complement when working with Iridium Communications Valuation or Volatility modules.
  
Check out the analysis of Iridium Communications Correlation against competitors.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.

Latest Iridium Communications' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Iridium Communications over the last few years. It is Iridium Communications' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Iridium Communications' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Iridium Income Tax Expense Regression Statistics

Arithmetic Mean(214,576)
Coefficient Of Variation(22,784)
Mean Deviation37,311,389
Median3,812
Standard Deviation48,889,724
Sample Variance2390.2T
Range181.4M
R-Value(0.47)
Mean Square Error2001.4T
R-Squared0.22
Significance0.08
Slope(5,156,378)
Total Sum of Squares33462.9T

Iridium Income Tax Expense History

2024-24.9 M
2023-26.3 M
2022292 K
2021-19.6 M
2020-32.9 M
2019-56.1 M
2018-7.3 M

About Iridium Communications Financial Statements

Iridium Communications investors utilize fundamental indicators, such as Income Tax Expense, to predict how Iridium Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense-26.3 M-24.9 M

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When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:
Check out the analysis of Iridium Communications Correlation against competitors.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.074
Dividend Share
0.54
Earnings Share
0.93
Revenue Per Share
6.697
Quarterly Revenue Growth
0.077
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.