Iridium Cash And Short Term Investments from 2010 to 2024

IRDM Stock  USD 29.40  0.93  3.27%   
Iridium Communications Cash And Short Term Investments yearly trend continues to be very stable with very little volatility. Cash And Short Term Investments are likely to drop to about 68.3 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2008-03-31
Previous Quarter
63.5 M
Current Value
159.6 M
Quarterly Volatility
145.5 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' Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Iridium Communications over the last few years. Short Term Investments is an account in the current assets section of Iridium Communications balance sheet. This account contains Iridium Communications investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Iridium Communications fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Iridium Communications' Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Pretty Stable
   Cash And Short Term Investments   
       Timeline  

Iridium Cash And Short Term Investments Regression Statistics

Arithmetic Mean239,661,725
Geometric Mean139,667,239
Coefficient Of Variation55.57
Mean Deviation102,525,663
Median254,418,000
Standard Deviation133,191,514
Sample Variance17740T
Range472.2M
R-Value(0.15)
Mean Square Error18669.9T
R-Squared0.02
Significance0.59
Slope(4,492,361)
Total Sum of Squares248359.7T

Iridium Cash And Short Term Investments History

202468.3 M
202371.9 M
2022168.8 M
2021320.9 M
2020244.7 M
2019223.6 M
2018273.4 M

About Iridium Communications Financial Statements

Iridium Communications investors utilize fundamental indicators, such as Cash And Short Term Investments, 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
Cash And Short Term Investments71.9 M68.3 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.