Iridium Intangible Assets vs Deferred Long Term Liab Analysis
IRDM Stock | USD 28.47 0.56 2.01% |
Iridium Communications financial indicator trend analysis is infinitely more than just investigating Iridium Communications recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iridium Communications is a good investment. Please check the relationship between Iridium Communications Intangible Assets and its Deferred Long Term Liab accounts. 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.
Intangible Assets vs Deferred Long Term Liab
Intangible Assets vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iridium Communications Intangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Iridium Communications' Intangible Assets and Deferred Long Term Liab is -0.7. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Iridium Communications, assuming nothing else is changed. The correlation between historical values of Iridium Communications' Intangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Iridium Communications are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Intangible Assets i.e., Iridium Communications' Intangible Assets and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Iridium Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iridium Communications current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Iridium Communications' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 21st of November 2024, Enterprise Value Multiple is likely to grow to 17.20, though Tax Provision is likely to grow to (24.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 464.1M | 519.9M | 565.6M | 373.1M | Total Revenue | 614.5M | 721.0M | 790.7M | 518.4M |
Iridium Communications fundamental ratios Correlations
Click cells to compare fundamentals
Iridium Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iridium Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.4B | 3.2B | 3.0B | 2.7B | 2.7B | |
Short Long Term Debt Total | 1.8B | 1.6B | 1.6B | 1.5B | 1.5B | 1.3B | |
Other Current Liab | 57.1M | 49.5M | 48.1M | 68.0M | 54.8M | 48.1M | |
Total Current Liabilities | 113.8M | 113.1M | 108.8M | 141.6M | 131.6M | 121.8M | |
Total Stockholder Equity | 1.5B | 1.4B | 1.3B | 1.1B | 888.1M | 1.1B | |
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 | |
Non Current Assets Total | 3.3B | 3.0B | 2.8B | 2.6B | 2.4B | 2.3B | |
Non Currrent Assets Other | 52.8M | 50.5M | 50.1M | (29.5M) | 86.7M | 67.0M | |
Other Assets | 25.8M | 43M | 29.7M | 23.8M | 27.4M | 26.1M | |
Cash And Short Term Investments | 223.6M | 244.7M | 320.9M | 168.8M | 71.9M | 68.3M | |
Common Stock Total Equity | 132K | 134K | 131K | 126K | 144.9K | 99.3K | |
Common Stock Shares Outstanding | 125.2M | 133.5M | 133.5M | 130.1M | 127.2M | 100.5M | |
Liabilities And Stockholders Equity | 3.6B | 3.4B | 3.2B | 3.0B | 2.7B | 2.7B | |
Other Stockholder Equity | 1.1B | 1.2B | 1.2B | 1.1B | 1.1B | 962.9M | |
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 | |
Non Current Liabilities Total | 2.1B | 1.8B | 1.8B | 1.7B | 1.6B | 1.5B | |
Other Current Assets | 10.7M | 9.5M | 18.3M | 15.4M | 16.4M | 17.8M | |
Property Plant And Equipment Net | 3.2B | 2.9B | 2.7B | 2.4B | 2.2B | 2.3B | |
Current Deferred Revenue | 39.1M | 32.4M | 28.0M | 35.7M | 33.1M | 38.1M | |
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 | |
Property Plant And Equipment Gross | 3.2B | 2.9B | 2.7B | 2.4B | 4.0B | 2.5B | |
Accumulated Other Comprehensive Income | (6.9M) | (17.2M) | (7.1M) | 51.6M | 33.9M | 35.6M | |
Intangible Assets | 47.0M | 45.5M | 44.0M | 42.6M | 41.1M | 45.8M | |
Property Plant Equipment | 3.2B | 2.9B | 2.7B | 2.4B | 2.8B | 2.3B | |
Long Term Debt | 1.4B | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | |
Retained Earnings Total Equity | 332.0M | 275.9M | 140.8M | (47.7M) | (54.9M) | (52.2M) | |
Deferred Long Term Liab | 255.7M | 206.3M | 182.3M | 196.8M | 226.4M | 227.2M | |
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 | |
Non Current Liabilities Other | 29.3M | 25.2M | 20.1M | 16.4M | 16.0M | 19.7M |
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 ArchitectCheck 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.