Iridium Financial Statements From 2010 to 2026
Analyzing historical trends in various income statement and balance sheet accounts from Iridium World's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Iridium World's valuation are summarized below:
There are currently twenty-seven fundamental trends for Iridium World Commun that can be evaluated and compared over time across competitors. Investors and active traders are advised to confirm Iridium World's regular fundamental performance against the performance between
2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/06/2026,
Market Cap is likely to drop to 9.63. In addition to that,
Enterprise Value is likely to drop to 9.63
Check out the analysis of
Iridium World Correlation against competitors.
Iridium World Balance Sheet | | |
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Iridium World Cash Flow Statement | | |
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Financial Ratios | | |
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Iridium World Valuation Data | | |
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About Iridium World Financial Statements
Iridium World shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Iridium World investors may analyze each financial statement separately, they are all interrelated. The changes in Iridium World's assets and liabilities, for example, are also reflected in the revenues and expenses on on Iridium World's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our
fundamental analysis page.
| | Last Reported | Projected for Next Year |
Pair Trading with Iridium World
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Iridium World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Iridium World will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Iridium World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iridium World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Iridium World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iridium World Communications to buy it.
The correlation of Iridium World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iridium World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iridium World Commun moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Iridium World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Additional Tools for Iridium Stock Analysis
When running Iridium World's price analysis, check to
measure Iridium World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iridium World is operating at the current time. Most of Iridium World's value examination focuses on studying past and present price action to
predict the probability of Iridium World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium World's price. Additionally, you may evaluate how the addition of Iridium World to your portfolios can decrease your overall portfolio volatility.