Iridium Financial Statements From 2010 to 2024

IRDM Stock  USD 28.74  0.63  2.24%   
Iridium Communications financial statements provide useful quarterly and yearly information to potential Iridium 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 Communications financial statements helps investors assess Iridium Communications' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Iridium Communications' valuation are summarized below:
Gross Profit
519.9 M
Profit Margin
0.032
Market Capitalization
3.4 B
Enterprise Value Revenue
5.5816
Revenue
789.3 M
There are over one hundred nineteen available fundamental trends for Iridium Communications, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to confirm Iridium Communications' regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 23rd of April 2024, Enterprise Value is likely to grow to about 1.9 B, while Market Cap is likely to drop about 489.7 M.

Iridium Communications Total Revenue

518.42 Million

Check Iridium Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Iridium 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 exotic indicators such as Price To Sales Ratio of 3.38, Dividend Yield of 0.0096 or PTB Ratio of 5.53. Iridium financial statements analysis is a perfect complement when working with Iridium Communications Valuation or Volatility modules.
  
This module can also supplement Iridium Communications' financial leverage analysis and stock options assessment as well as various Iridium Communications Technical models . 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.

Iridium Communications Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.7 B2.7 B2.8 B
Slightly volatile
Short and Long Term Debt Total1.3 B1.5 B1.3 B
Slightly volatile
Other Current Liabilities48.1 M54.8 M46.2 M
Slightly volatile
Total Current Liabilities121.8 M131.6 M118.7 M
Slightly volatile
Total Stockholder Equity1.1 B888.1 M1.1 B
Slightly volatile
Net Debt978.6 M1.4 B1.1 B
Slightly volatile
Cash68.3 M71.9 M199.7 M
Very volatile
Non Current Assets Total2.3 B2.4 B2.4 B
Slightly volatile
Other Assets26.1 M27.4 M98.6 M
Slightly volatile
Cash And Short Term Investments68.3 M71.9 M239.7 M
Pretty Stable
Common Stock Total Equity99.3 K144.9 K100 K
Slightly volatile
Common Stock Shares Outstanding100.5 M127.2 M98.9 M
Slightly volatile
Liabilities And Stockholders Equity2.7 B2.7 B2.8 B
Slightly volatile
Other Stockholder Equity962.9 M1.1 B948.7 M
Slightly volatile
Total Liabilities1.5 B1.8 B1.6 B
Slightly volatile
Total Current Assets353.3 M271.1 M358.9 M
Pretty Stable
Short Term Debt14.2 M15 M567.5 M
Slightly volatile
Common Stock101.4 K123 K98.7 K
Slightly volatile
Other Liabilities181 M227 M189.1 M
Slightly volatile
Net Receivables65.1 M91.7 M60.6 M
Slightly volatile
Non Current Liabilities Total1.5 B1.6 B1.5 B
Slightly volatile
Other Current Assets17.3 M16.4 M16.7 M
Very volatile
Property Plant And Equipment Net2.3 B2.2 B2.2 B
Slightly volatile
Current Deferred Revenue38.1 M33.1 M35.3 M
Very volatile
Accounts Payable21.4 M28.7 M19 M
Pretty Stable
Inventory95.7 M91.1 M36.5 M
Slightly volatile
Property Plant And Equipment Gross2.5 BB2.4 B
Slightly volatile
Intangible Assets45.8 M41.1 M53.9 M
Slightly volatile
Property Plant Equipment2.3 B2.8 B2.3 B
Slightly volatile
Long Term Debt1.4 B1.5 B1.2 B
Slightly volatile
Net Tangible Assets1.4 B1.3 B1.2 B
Slightly volatile
Long Term Debt Total1.6 B1.7 B1.4 B
Slightly volatile
Capital Surpluse1.2 B1.3 B1.1 B
Slightly volatile
Non Current Liabilities Other19.7 M16 M25.5 M
Slightly volatile
Short and Long Term Debt14.2 M15 M653.6 M
Slightly volatile
Net Invested Capital2.4 B2.4 B3.1 B
Slightly volatile
Net Working Capital160.9 M139.5 M196.5 M
Very volatile
Capital Stock139 K123 K119.5 K
Slightly volatile

Iridium Communications Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses381 M709.1 M391.1 M
Slightly volatile
Total Operating Expenses252.8 M484 M261.9 M
Slightly volatile
Selling General Administrative90.4 M143.7 M86.4 M
Slightly volatile
Selling And Marketing Expenses54.8 M75.5 M62.4 M
Slightly volatile
Total Revenue518.4 M790.7 M482.6 M
Slightly volatile
Gross Profit373.1 M565.6 M349.8 M
Slightly volatile
Research Development17.1 M20.3 M15.4 M
Slightly volatile
Cost Of Revenue145.3 M225.1 M132.9 M
Slightly volatile
Preferred Stock And Other Adjustments11.9 M17.8 M12.6 M
Slightly volatile
Non Recurring69.6 M78.3 M85.3 M
Slightly volatile
Interest Income139.3 M132.7 M55.3 M
Slightly volatile
Reconciled Depreciation293.9 M320 M201.3 M
Slightly volatile
Extraordinary Items123.6 M139.1 M151.4 M
Slightly volatile

Iridium Communications Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow68.3 M71.9 M219.3 M
Very volatile
Begin Period Cash Flow242.7 M168.8 M241.7 M
Slightly volatile
Total Cash From Operating Activities227.5 M314.9 M224.1 M
Slightly volatile
Stock Based Compensation60.3 M57.5 M20.2 M
Slightly volatile
Depreciation176.8 M320 M166.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.386.53784.3296
Slightly volatile
Dividend Yield0.00960.01440.0084
Very volatile
PTB Ratio5.535.821331
Slightly volatile
Days Sales Outstanding64.5642.335958.7081
Slightly volatile
Book Value Per Share8.467.07110.7439
Very volatile
Invested Capital1.941.66931.938
Slightly volatile
Operating Cash Flow Per Share1.642.50732.125
Pretty Stable
Stock Based Compensation To Revenue0.07630.07270.0337
Slightly volatile
PB Ratio5.535.821331
Slightly volatile
EV To Sales4.878.32186.3208
Slightly volatile
Inventory Turnover2.352.47024.4069
Pretty Stable
Days Of Inventory On Hand10114895.1974
Pretty Stable
Payables Turnover6.577.85188.332
Slightly volatile
Sales General And Administrative To Revenue0.150.170.1833
Slightly volatile
Research And Ddevelopement To Revenue0.04130.02560.0365
Slightly volatile
Cash Per Share0.540.57222.4142
Slightly volatile
POCF Ratio23.5516.41622.9043
Slightly volatile
Days Payables Outstanding62.7146.485956.0894
Slightly volatile
EV To Operating Cash Flow27.4520.895427.4025
Slightly volatile
Intangibles To Total Assets0.01470.01540.0453
Slightly volatile
Current Ratio2.32.06063.1339
Pretty Stable
Tangible Book Value Per Share7.646.74389.9282
Pretty Stable
Receivables Turnover5.838.62157.2957
Slightly volatile
Graham Number8.564.418911.0193
Pretty Stable
Shareholders Equity Per Share8.467.07110.7439
Very volatile
Debt To Equity1.941.66931.938
Slightly volatile
Average Receivables19.5 M18.5 M19 M
Slightly volatile
Revenue Per Share3.726.29574.5693
Slightly volatile
Interest Debt Per Share9.1412.523112.6465
Slightly volatile
Debt To Assets0.340.5570.4628
Pretty Stable
Short Term Coverage Ratios22.0420.99429.3311
Slightly volatile
Operating Cycle165190154
Slightly volatile
Price Book Value Ratio5.535.821331
Slightly volatile
Days Of Payables Outstanding62.7146.485956.0894
Slightly volatile
Price To Operating Cash Flows Ratio23.5516.41622.9043
Slightly volatile
Company Equity Multiplier3.882.99723.9645
Slightly volatile
Long Term Debt To Capitalization0.430.6230.5207
Slightly volatile
Total Debt To Capitalization0.40.62540.5522
Pretty Stable
Debt Equity Ratio1.941.66931.938
Slightly volatile
Quick Ratio2.011.24352.7374
Pretty Stable
Cash Ratio0.520.54631.7674
Pretty Stable
Operating Cash Flow Sales Ratio0.370.39830.4595
Very volatile
Days Of Inventory Outstanding10114895.1974
Pretty Stable
Days Of Sales Outstanding64.5642.335958.7081
Slightly volatile
Cash Flow Coverage Ratios0.20.21240.246
Slightly volatile
Price To Book Ratio5.535.821331
Slightly volatile
Fixed Asset Turnover0.290.36010.2388
Very volatile
Price Cash Flow Ratio23.5516.41622.9043
Slightly volatile
Debt Ratio0.340.5570.4628
Pretty Stable
Cash Flow To Debt Ratio0.20.21240.246
Slightly volatile
Price Sales Ratio3.386.53784.3296
Slightly volatile
Asset Turnover0.310.29710.1834
Slightly volatile
Gross Profit Margin0.560.71530.7002
Pretty Stable
Price Fair Value5.535.821331
Slightly volatile

Iridium Communications Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap489.7 M802.3 M777.5 M
Slightly volatile
Enterprise Value1.9 B1.8 B1.7 B
Slightly volatile

Iridium Fundamental Market Drivers

Forward Price Earnings28.9855
Cash And Short Term Investments71.9 M

Iridium Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Iridium Communications Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Iridium Communications income statement, its balance sheet, and the statement of cash flows. Iridium Communications investors use historical funamental indicators, such as Iridium Communications's revenue or net income, to determine how well the company is positioned to perform in the future. Although Iridium Communications investors may use each financial statement separately, they are all related. The changes in Iridium Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Iridium Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Iridium Communications Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Iridium Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue33.1 M38.1 M
Total Revenue790.7 M518.4 M
Cost Of Revenue225.1 M145.3 M
Stock Based Compensation To Revenue 0.07  0.08 
Sales General And Administrative To Revenue 0.17  0.15 
Research And Ddevelopement To Revenue 0.03  0.04 
Capex To Revenue(0.09)(0.1)
Revenue Per Share 6.30  3.72 
Ebit Per Revenue 0.10  0.17 

Iridium Communications Investors Sentiment

The influence of Iridium Communications' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Iridium. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Iridium Communications' public news can be used to forecast risks associated with an investment in Iridium. The trend in average sentiment can be used to explain how an investor holding Iridium can time the market purely based on public headlines and social activities around Iridium Communications. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Iridium Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Iridium Communications' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Iridium Communications' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Iridium Communications.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Iridium Communications in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Iridium Communications' short interest history, or implied volatility extrapolated from Iridium Communications options trading.

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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.
Note that the Iridium Communications information on this page should be used as a complementary analysis to other Iridium Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Iridium Stock analysis

When running Iridium Communications' price analysis, check to measure Iridium Communications' 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 Communications is operating at the current time. Most of Iridium Communications' value examination focuses on studying past and present price action to predict the probability of Iridium Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium Communications' price. Additionally, you may evaluate how the addition of Iridium Communications to your portfolios can decrease your overall portfolio volatility.
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Is Iridium Communications' industry 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
0.52
Earnings Share
0.2
Revenue Per Share
6.334
Quarterly Revenue Growth
(0.01)
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.