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Iridium Communications (IRDM)

(Delayed Data from NSDQ)

$43.41 USD

43.41
485,219

-1.21 (-2.71%)

Updated Sep 23, 2022 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.63%
2Buy18.00%
3Hold9.55%
4Sell5.25%
5Strong Sell2.32%
S&P50010.82%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value A Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 23% (58 out of 251)

Industry: Satellite and Communication

Trades from $1

Balance Sheet

Research for IRDM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Iridium Communications Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Assets          
Cash & Equivalents 321 245 224 273 298
Receivables 63 61 69 71 68
Notes Receivable 0 0 0 0 0
Inventories 29 32 40 28 20
Other Current Assets 11 9 11 18 25
Total Current Assets 424 348 343 390 411
Net Property & Equipment 2,662 2,917 3,181 3,371 3,210
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 44 46 47 49 50
Deposits & Other Assets 50 51 53 204 111
Total Assets 3,181 3,361 3,624 4,014 3,782
Liabilities & Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Notes Payable 0 0 0 0 0
Accounts Payable 16 14 7 13 43
Current Portion Long-Term Debt 17 17 11 126 86
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 48 50 57 86 47
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 28 32 39 37 38
Total Current Liabilities 109 113 114 263 214
Mortgages 0 0 0 0 0
Deferred Taxes/Income 182 206 256 316 294
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,582 1,597 1,766 1,830 1,618
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 20 25 29 4 60
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,893 1,942 2,164 2,413 2,186
Shareholders Equity 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,154 1,161 1,134 1,109 1,081
Retained Earnings 141 276 332 502 519
Other Equity -7 -17 -7 -9 -4
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,288 1,419 1,459 1,602 1,596
Total Liabilities & Shareholder's Equity 3,181 3,361 3,624 4,014 3,782
Total Common Equity 1,288 1,419 1,459 1,602 1,596
Shares Outstanding 132.20 133.30 131.00 111.30 97.90
Book Value Per Share 9.74 10.65 11.14 14.39 16.31

Fiscal Year End for Iridium Communications Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2022 3/31/2022 12/31/2021 9/30/2021 6/30/2021
Assets          
Cash & Equivalents 227 232 321 289 219
Receivables 75 80 63 70 64
Notes Receivable 0 0 0 0 0
Inventories 28 28 29 23 28
Other Current Assets 13 11 11 10 10
Total Current Assets 343 351 424 393 322
Net Property & Equipment 2,541 2,596 2,662 2,720 2,786
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 43 44 44 44 45
Deposits & Other Assets 150 86 50 49 49
Total Assets 3,077 3,077 3,181 3,206 3,201
Liabilities & Shareholders Equity 6/30/2022 3/31/2022 12/31/2021 9/30/2021 6/30/2021
Notes Payable 0 0 0 0 0
Accounts Payable 14 15 16 11 10
Current Portion Long-Term Debt 17 17 17 17 16
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 41 35 48 40 36
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 35 29 28 26 25
Total Current Liabilities 106 96 109 93 87
Mortgages 0 0 0 0 0
Deferred Taxes/Income 196 192 182 184 186
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,576 1,579 1,582 1,585 1,591
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 18 20 22 23
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,896 1,885 1,893 1,884 1,887
Shareholders Equity 6/30/2022 3/31/2022 12/31/2021 9/30/2021 6/30/2021
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,128 1,127 1,154 1,155 1,146
Retained Earnings 21 43 141 176 181
Other Equity 32 22 -7 -10 -13
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,181 1,192 1,288 1,322 1,314
Total Liabilities & Shareholder's Equity 3,077 3,077 3,181 3,206 3,201
Total Common Equity 1,181 1,192 1,288 1,322 1,314
Shares Outstanding 126.90 127.90 132.20 132.20 131.90
Book Value Per Share 9.31 9.32 9.74 10.00 9.96