Iridium Communications Financials
IRDM Stock | USD 27.91 0.59 2.16% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 2.06 | 1.6693 |
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Current Ratio | 2.3 | 2.0606 |
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The financial analysis of Iridium Communications is a critical element in measuring its lifeblood. Investors should not minimize Iridium Communications' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
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Iridium | Select Account or Indicator |
Understanding current and past Iridium Communications Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Iridium Communications' financial statements are interrelated, with each one affecting the others. For example, an increase in Iridium Communications' assets may result in an increase in income on the income statement.
Iridium Communications Stock Summary
Iridium Communications competes with IHS Holding, Cogent Communications, IDT, Cable One, and InterDigital. Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia. Iridium Comm operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 537 people.Specialization | Communication Services, Telecommunication Services |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US46269C1027 |
CUSIP | 46269C102 36172H108 36172H207 |
Location | Virginia; U.S.A |
Business Address | 1750 Tysons Boulevard, |
Sector | Diversified Telecommunication Services |
Industry | Communication Services |
Benchmark | Dow Jones Industrial |
Website | www.iridium.com |
Phone | 703 287 7400 |
Currency | USD - US Dollar |
Iridium Communications Key Financial Ratios
Return On Equity | 0.14 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.26 % | ||||
Price To Sales | 3.91 X | ||||
Revenue | 790.72 M |
Iridium Communications Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.4B | 3.2B | 3.0B | 2.7B | 2.7B | |
Other Current Liab | 57.1M | 49.5M | 48.1M | 68.0M | 54.8M | 48.1M | |
Net Debt | 1.6B | 1.4B | 1.3B | 1.3B | 1.4B | 978.6M | |
Retained Earnings | 332.0M | 275.9M | 140.8M | (47.7M) | (235.4M) | (223.6M) | |
Cash | 223.6M | 237.2M | 320.9M | 168.8M | 71.9M | 68.3M | |
Other Assets | 25.8M | 43M | 29.7M | 23.8M | 27.4M | 26.1M | |
Total Liab | 2.2B | 1.9B | 1.9B | 1.8B | 1.8B | 1.5B | |
Total Current Assets | 342.9M | 347.8M | 424.4M | 306.2M | 271.1M | 353.3M | |
Short Term Debt | 126M | 10.9M | 16.8M | 16.5M | 15M | 14.3M | |
Common Stock | 132K | 134K | 131K | 126K | 123K | 101.4K | |
Other Liab | 257.3M | 208.3M | 182.9M | 197.4M | 227.0M | 181.0M | |
Net Receivables | 68.7M | 61.2M | 63.4M | 82.3M | 91.7M | 65.1M | |
Other Current Assets | 10.7M | 9.5M | 18.3M | 15.4M | 16.4M | 17.8M | |
Accounts Payable | 6.7M | 14.4M | 16.2M | 21.4M | 28.7M | 21.4M | |
Inventory | 39.9M | 32.5M | 29.0M | 39.8M | 91.1M | 95.7M | |
Intangible Assets | 47.0M | 45.5M | 44.0M | 42.6M | 41.1M | 45.8M | |
Long Term Debt | 1.4B | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | |
Net Tangible Assets | 1.5B | 1.4B | 1.3B | 1.1B | 1.3B | 1.4B | |
Long Term Debt Total | 1.4B | 1.6B | 1.6B | 1.5B | 1.7B | 1.6B | |
Capital Surpluse | 1.1B | 1.2B | 1.2B | 1.1B | 1.3B | 1.2B |
Iridium Communications Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 115.4M | 94.3M | 73.9M | 65.1M | 90.4M | 94.9M | |
Operating Income | 10.1M | 35.5M | 46.3M | 76.7M | 81.6M | 70.8M | |
Ebit | 10.1M | 35.5M | 46.3M | 76.7M | 119.1M | 85.5M | |
Ebitda | 306.7M | 338.7M | 351.7M | 380.2M | 401.6M | 238.7M | |
Net Income | (162.0M) | (56.1M) | (9.3M) | 8.7M | 15.4M | 16.8M | |
Income Tax Expense | (56.1M) | (32.9M) | (19.6M) | 292K | (26.3M) | (24.9M) | |
Income Before Tax | (218.1M) | (89.0M) | (28.9M) | 9.0M | (4.7M) | (4.5M) | |
Total Revenue | 560.4M | 583.4M | 614.5M | 721.0M | 790.7M | 518.4M | |
Gross Profit | 415.3M | 440.7M | 464.1M | 519.9M | 565.6M | 373.1M | |
Research Development | 14.3M | 12.0M | 11.9M | 16.2M | 20.3M | 17.1M | |
Cost Of Revenue | 145.1M | 142.7M | 150.4M | 201.1M | 225.1M | 145.3M | |
Tax Provision | (56.1M) | (32.9M) | (19.6M) | 292K | (26.3M) | (24.9M) | |
Net Interest Income | (115.4M) | (94.3M) | (73.9M) | (65.1M) | (90.4M) | (94.9M) |
Iridium Communications Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (241.7M) | 13.6M | 83.7M | (152.1M) | (96.9M) | (92.1M) | |
Capital Expenditures | 117.8M | 38.7M | 42.1M | 71.3M | 73.5M | 69.8M | |
Net Income | (162.0M) | (56.1M) | (9.3M) | 8.7M | 15.4M | 16.8M | |
End Period Cash Flow | 223.6M | 237.2M | 320.9M | 168.8M | 71.9M | 68.3M | |
Free Cash Flow | 80.3M | 211.1M | 260.7M | 273.5M | 241.4M | 253.5M | |
Change To Inventory | (13.0M) | 7.2M | 3.6M | (10.2M) | (51.0M) | (48.4M) | |
Depreciation | 297.7M | 303.2M | 305.4M | 303.5M | 320M | 176.8M | |
Other Non Cash Items | 131.6M | 35.0M | 4.9M | 7.9M | 10.6M | 10.0M | |
Dividends Paid | 15.4M | 8.4M | 8.2M | 7.4M | 64.8M | 68.0M | |
Change Receivables | 2.5M | 6.4M | (1.8M) | (18.7M) | (16.8M) | (16.0M) | |
Net Borrowings | (28.8M) | (2.6M) | (20.6M) | (116.5M) | (104.9M) | (99.6M) | |
Change To Netincome | (38.0M) | (17.0M) | 6.2M | 45.9M | 41.3M | 43.3M | |
Investments | 10M | (7.6M) | 5.8M | (50M) | (93.8M) | (89.1M) |
Iridium Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Iridium Communications's current stock value. Our valuation model uses many indicators to compare Iridium Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iridium Communications competition to find correlations between indicators driving Iridium Communications's intrinsic value. More Info.Iridium Communications is rated second overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Iridium Communications is roughly 3.19 . At this time, Iridium Communications' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Iridium Communications 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.Iridium Communications Systematic Risk
Iridium Communications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Iridium Communications volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Iridium Communications correlated with the market. If Beta is less than 0 Iridium Communications generally moves in the opposite direction as compared to the market. If Iridium Communications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Iridium Communications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Iridium Communications is generally in the same direction as the market. If Beta > 1 Iridium Communications moves generally in the same direction as, but more than the movement of the benchmark.
Iridium Communications Thematic Clasifications
Iridium Communications is part of several thematic ideas from Electronics to Communication Services. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Iridium Communications Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Iridium Communications' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Iridium Communications growth as a starting point in their analysis.
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Iridium Communications November 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Iridium Communications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Iridium Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Iridium Communications based on widely used predictive technical indicators. In general, we focus on analyzing Iridium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Iridium Communications's daily price indicators and compare them against related drivers.
Downside Deviation | 2.94 | |||
Information Ratio | 0.0013 | |||
Maximum Drawdown | 17.08 | |||
Value At Risk | (4.52) | |||
Potential Upside | 3.63 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. 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. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.