Iridium Communications Stock Return On Asset
| IRDM Stock | USD 29.72 0.12 0.41% |
Iridium Communications fundamentals help investors to digest information that contributes to Iridium Communications' financial success or failures. It also enables traders to predict the movement of Iridium Stock. The fundamental analysis module provides a way to measure Iridium Communications' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Iridium Communications stock.
As of the 30th of November 2024, Return On Assets is likely to grow to 0.01. Iridium | Return On Asset |
Iridium Communications Company Return On Asset Analysis
Iridium Communications' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Iridium Communications Return On Asset | 0.0452 |
Most of Iridium Communications' fundamental indicators, such as Return On Asset, 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 Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Iridium Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Iridium Communications is extremely important. It helps to project a fair market value of Iridium Stock properly, considering its historical fundamentals such as Return On Asset. Since Iridium Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Iridium Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Iridium Communications' interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Iridium Total Assets
Total Assets |
|
Based on the latest financial disclosure, Iridium Communications has a Return On Asset of 0.0452. This is 98.91% lower than that of the Diversified Telecommunication Services sector and 95.14% lower than that of the Communication Services industry. The return on asset for all United States stocks is 132.29% lower than that of the firm.
Iridium Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Iridium Communications' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Iridium Communications could also be used in its relative valuation, which is a method of valuing Iridium Communications by comparing valuation metrics of similar companies.Iridium Communications is currently under evaluation in return on asset category among its peers.
Iridium Communications ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Iridium Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Iridium Communications' managers, analysts, and investors.Environmental | Governance | Social |
Iridium Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0452 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 5.01 B | ||||
| Shares Outstanding | 113.85 M | ||||
| Shares Owned By Insiders | 11.36 % | ||||
| Shares Owned By Institutions | 86.53 % | ||||
| Number Of Shares Shorted | 7.8 M | ||||
| Price To Book | 5.08 X | ||||
| Price To Sales | 4.16 X | ||||
| Revenue | 790.72 M | ||||
| Gross Profit | 519.88 M | ||||
| EBITDA | 380.07 M | ||||
| Net Income | 15.41 M | ||||
| Cash And Equivalents | 218.76 M | ||||
| Cash Per Share | 1.74 X | ||||
| Total Debt | 1.48 B | ||||
| Debt To Equity | 1.40 % | ||||
| Current Ratio | 2.82 X | ||||
| Book Value Per Share | 5.81 X | ||||
| Cash Flow From Operations | 314.91 M | ||||
| Short Ratio | 6.18 X | ||||
| Earnings Per Share | 0.93 X | ||||
| Price To Earnings To Growth | 1.42 X | ||||
| Target Price | 40.5 | ||||
| Number Of Employees | 760 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 3.38 B | ||||
| Total Asset | 2.66 B | ||||
| Retained Earnings | (235.4 M) | ||||
| Working Capital | 139.53 M | ||||
| Current Asset | 481.72 M | ||||
| Current Liabilities | 101.61 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 2.66 B | ||||
| Last Dividend Paid | 0.54 |
About Iridium Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Iridium Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iridium Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iridium Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Iridium Communications Piotroski F Score and Iridium Communications Altman Z Score analysis. To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.