Iridium Financial Statements From 2010 to 2024
Iridium World financial statements provide useful quarterly and yearly information to potential Iridium World Communications investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Iridium World financial statements helps investors assess Iridium World's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Iridium World's valuation are summarized below:Iridium World Communications does not presently have any fundamental trends for analysis.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Check Iridium World financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Iridium World's main balance sheet or income statement drivers, such as , as well as many indicators such as . Iridium financial statements analysis is a perfect complement when working with Iridium World Valuation or Volatility modules.
Iridium |
Iridium World Communications Company Net Income Analysis
Iridium World's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Iridium World Net Income | (107.64 M) |
Most of Iridium World's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Iridium World Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Iridium World Communications reported net income of (107.64 Million). This is 106.75% lower than that of the Communication Services sector and 105.63% lower than that of the Telecom Services industry. The net income for all United States stocks is 118.85% higher than that of the company.
Iridium World Commun Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Iridium World's current stock value. Our valuation model uses many indicators to compare Iridium World value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iridium World competition to find correlations between indicators driving Iridium World's intrinsic value. More Info.Iridium World Communications is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in shares outstanding category among its peers creating about 3,330 of Shares Outstanding per Current Valuation. Comparative valuation analysis is a catch-all technique that is used if you cannot value Iridium World by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.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.
In August 1999, Iridium World Communications Ltd. filed a voluntary petition under Chapter 11 of the United States Bankruptcy Court, and operated as a debtor-in-possession. It enabled its customers to make and receive phone calls, and receive pages virtually anywhere in the world. IRIDIUM WORLD is traded on PNK Exchange in the United States.
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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Iridium Stock
If you are still planning to invest in Iridium World Commun check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Iridium World's history and understand the potential risks before investing.
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