Iridium Short Term Coverage Ratios from 2010 to 2024

IRDM Stock  USD 29.40  0.93  3.27%   
Iridium Communications Short Term Coverage Ratios yearly trend continues to be very stable with very little volatility. Short Term Coverage Ratios is likely to drop to 10.53. During the period from 2010 to 2024, Iridium Communications Short Term Coverage Ratios quarterly data regression pattern had sample variance of  56.88 and median of  3.04. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
20.9942
Current Value
10.53
Quarterly Volatility
7.54191176
 
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' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of Iridium Communications over the last few years. It is Iridium Communications' Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

Iridium Short Term Coverage Ratios Regression Statistics

Arithmetic Mean8.94
Geometric Mean6.21
Coefficient Of Variation84.39
Mean Deviation6.70
Median3.04
Standard Deviation7.54
Sample Variance56.88
Range18.9013
R-Value0.74
Mean Square Error27.73
R-Squared0.55
Significance0
Slope1.25
Total Sum of Squares796.33

Iridium Short Term Coverage Ratios History

2024 10.53
2023 20.99
2022 20.89
2021 18.36
2020 14.9
2019 18.22
2018 2.09

About Iridium Communications Financial Statements

Iridium Communications investors utilize fundamental indicators, such as Short Term Coverage Ratios, 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
Short Term Coverage Ratios 20.99  10.53 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.