Iridium Communications Stock

Iridium Communications ROA 2024

Iridium Communications ROA

0.01

Ticker

IRDM

ISIN

US46269C1027

WKN

A0YB48

In 2024, Iridium Communications's return on assets (ROA) was 0.01, a 96.64% increase from the 0 ROA 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.

ROA Details

Understanding Iridium Communications's Return on Assets (ROA)

Iridium Communications's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Iridium Communications's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Iridium Communications's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Iridium Communications’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Iridium Communications stock

What is the Return on Assets (ROA) of Iridium Communications this year?

The Return on Assets (ROA) of Iridium Communications is 0.01 undefined this year.

What was the ROA of Iridium Communications compared to the previous year?

The ROA of Iridium Communications has increased by 96.64% compared to the previous year.

What consequences do high ROA have for investors of Iridium Communications?

A high ROA is advantageous for investors of Iridium Communications, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Iridium Communications?

A low ROA can be unfavorable for investors of Iridium Communications as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Iridium Communications affect the company?

An increase in ROA of Iridium Communications can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Iridium Communications impact the company?

A reduction in the ROA of Iridium Communications can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Iridium Communications?

Some factors that can influence the ROA of Iridium Communications include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Iridium Communications important for investors?

The ROA of Iridium Communications is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Iridium Communications take to improve ROA?

To improve ROA, Iridium Communications can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.92 %. 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 1.92 %.

When does Iridium Communications pay dividends?

Iridium Communications pays a quarterly dividend. This is distributed in the months of October, January, April, 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 1.92 %.

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.

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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.