Iridium Communications Inc. company logo
Iridium Communications Inc. logo

Iridium Communications Inc. (IRDM) Current Ratio

Annual Current Ratio

1.730.33-16.02%

Summary

Current Value
As of today, IRDM annual current ratio is 1.73, down -16.02% on
Historical Performance
IRDM annual current ratio is down -55.64% over the past 3 years, and down -42.52% over the past 5 years
All-Time High Comparison
IRDM annual current ratio is currently -72.14% below its historical high of 6.21 set on
3-Year Low Comparison
IRDM annual current ratio is at its 3-year low
Sector Comparison
IRDM annual current ratio is higher than 60.35% of companies in Communication Services sector

Current Ratio Chart

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Performance

IRDM Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio1.73-16.0%-55.6%-42.5%-45.3%
Quarterly Current Ratio2.67+1.9%-5.3%-6.3%+136.3%
Price$18.72-35.6%-68.8%-56.7%+126.8%
Annual Current Assets$292.73M+8.0%-31.0%-14.6%+32.5%
Annual Current Liabilities$169.21M+28.6%+55.5%+48.8%+90.3%
Annual Quick Ratio1.25-8.8%-65.6%-53.0%-43.2%
Annual Debt To Equity3.13+85.2%+148.4%+152.4%+100.0%
Piotroski F-Score7-12.5%-12.5%+16.7%
Altman Z-Score0.96-27.3%-66.4%-55.8%-31.4%

Current Ratio Highs

IRDM Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.16N/A-19.9%
5Y3.90-55.6%
All6.21-72.1%

Current Ratio Lows

IRDM Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.73at low
5Y1.73at low
All0.09+1822.2%

Current Ratio History

YearValueChange
1.73-16.0%
2.06-4.6%
2.16-44.6%
3.90+28.3%
3.04+1.0%
3.01+102.0%
YearValueChange
1.49-22.4%
1.92-69.1%
6.21+31.0%
4.74-15.4%
5.60-

FAQ

  • What is the current annual current ratio of IRDM?

    As of today, IRDM annual current ratio is 1.73

  • What is 1-year change in IRDM annual current ratio?

    IRDM annual current ratio is down -16.02% year-over-year

  • What is 3-year change in IRDM annual current ratio?

    IRDM annual current ratio is down -55.64% over the past 3 years

  • How far is IRDM annual current ratio from its all-time high?

    IRDM annual current ratio is currently -72.14% below its historical high of 6.21 set on December 31, 2016

  • How does IRDM annual current ratio rank versus sector peers?

    IRDM annual current ratio is higher than 60.35% of companies in Communication Services sector

  • When is IRDM next annual earnings release?

    The next annual earnings release for IRDM is on

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. IRDM Official Website www.iridium.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1418819/000141881925000009/0001418819-25-000009-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1418819/000162828025005302/0001628280-25-005302-index.htm
  4. IRDM Profile on Yahoo Finance finance.yahoo.com/quote/IRDM
  5. IRDM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/irdm