Iridium Communications ROE 2024

Iridium Communications ROE

0.02

Iridium Communications Dividend yield

1.74 %

Ticker

IRDM

ISIN

US46269C1027

WKN

A0YB48

In 2024, Iridium Communications's return on equity (ROE) was 0.02, a 125.17% increase from the 0.01 ROE in the previous year.

Iridium Communications Aktienanalyse

What does Iridium Communications do?

Iridium Communications Inc is an American company operating in the satellite communications industry. The company was founded in 1991 and is headquartered in McLean, Virginia. It operates globally and offers a wide range of services to its customers. The history of Iridium Communications Inc began in the late 1980s when the United States government recognized the need for a worldwide communication system that could operate independently of existing infrastructures and other technical issues. As a result, the company was founded to develop a satellite-based communication network that would allow customers to communicate almost anywhere in the world. Iridium Communications Inc's business model encompasses various areas. The company is primarily involved in satellite communication, wireless communication, wireless data transmission, and contract development. The company offers a comprehensive satellite service that includes voice and data communication, as well as tracking and monitoring services. The service is available worldwide, allowing customers to communicate from almost any location on Earth. The company divides its business into four main segments: Iridium Commercial, Iridium Government, Iridium Aviation, and Iridium Maritime. Each segment refers to a specific market that the company serves. Iridium Commercial offers services to businesses, government organizations, and other organizations in need of a reliable and globally available communication infrastructure. Iridium Government focuses on the needs of government organizations and provides specialized services for military, security, and law enforcement. Iridium Aviation offers specialized services for aviation to meet the requirements of airlines, general aviation, and helicopter operators. Iridium Maritime serves boat, ship, and platform operators and provides specialized services for maritime transport. The products offered by Iridium Communications Inc include a wide range of satellite communication devices and services. This includes satellite phones, portable devices, fixed equipment, antennas, and accessories. The company also provides specialized services such as email, SMS, and data transmission services. Additionally, the company offers specialized services such as remote sensing and monitoring services. The company operates a global network of 66 satellites placed in orbit around the Earth to establish a reliable connection between satellite terminals and the company's network. The company's network is designed to function especially in remote areas or areas with limited access to infrastructure. Since its founding, Iridium Communications Inc has been a pioneer in the field of satellite communication. The company has particularly advanced in rocket and space technology, signal processing, wireless communication protocols, and wireless technology applications. However, in 2000, the company temporarily faced financial difficulties. It had to file for bankruptcy in 2000 but was saved with the support of its creditors and a massive financial rescue package. Overall, the company has since recovered well and continues to be a major player in the satellite communication industry. With a wide range of services and products and a global network of satellites, Iridium Communications Inc is well-positioned to meet the growing demands of communication in the years to come. Iridium Communications ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Iridium Communications's Return on Equity (ROE)

Iridium Communications's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Iridium Communications's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Iridium Communications's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Iridium Communications’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Iridium Communications Stock

What is the ROE (Return on Equity) of Iridium Communications this year?

The ROE of Iridium Communications this year is 0.02 undefined.

How has the Return on Equity (ROE) of Iridium Communications developed compared to the previous year?

The ROE of Iridium Communications has increased by 125.17% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Iridium Communications?

A high ROE indicates that Iridium Communications generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Iridium Communications?

A low ROE can indicate that Iridium Communications is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Iridium Communications affect the company?

A change in ROE (Return on Equity) of Iridium Communications can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Iridium Communications?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Iridium Communications?

Some factors that can influence Iridium Communications's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Iridium Communications pay?

Over the past 12 months, Iridium Communications paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 1.74 %. For the coming 12 months, Iridium Communications is expected to pay a dividend of 0.52 USD.

What is the dividend yield of Iridium Communications?

The current dividend yield of Iridium Communications is 1.74 %.

When does Iridium Communications pay dividends?

Iridium Communications pays a quarterly dividend. This is distributed in the months of October, January, May, July.

How secure is the dividend of Iridium Communications?

Iridium Communications paid dividends every year for the past 0 years.

What is the dividend of Iridium Communications?

For the upcoming 12 months, dividends amounting to 0.52 USD are expected. This corresponds to a dividend yield of 1.74 %.

In which sector is Iridium Communications located?

Iridium Communications is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Iridium Communications kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Iridium Communications from 6/28/2024 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Iridium Communications pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Iridium Communications in the year 2023?

In the year 2023, Iridium Communications distributed 0 USD as dividends.

In which currency does Iridium Communications pay out the dividend?

The dividends of Iridium Communications are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Iridium Communications stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Iridium Communications

Our stock analysis for Iridium Communications Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Iridium Communications Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.