Iridium Communications Inc - Asset Resilience Ratio
Iridium Communications Inc (IRDM) has an Asset Resilience Ratio of 0.06% as of September 2021. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Explore IRDM long-term investments to assets to see how much of total assets are deployed in long-term investments.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2020)
This chart shows how Iridium Communications Inc's Asset Resilience Ratio has changed over time. See operational self-sufficiency of Iridium Communications Inc to measure how many days the company can operate on defensive assets alone.
Liquid Assets Composition Over Time
This chart breaks down Iridium Communications Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Iridium Communications Inc assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.00 Million | 0.06% |
| Total Liquid Assets | $2.00 Million | 0.06% |
Asset Resilience Insights
- Limited Liquidity: Iridium Communications Inc maintains only 0.06% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Iridium Communications Inc Industry Peers by Asset Resilience Ratio
Compare Iridium Communications Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
TELECOM ITALIA ADR 1
F:TQIA |
Telecom Services | 3.73% |
|
1&1 AG
XETRA:1U1 |
Telecom Services | 0.57% |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959 |
Telecom Services | 19.58% |
|
Superloop Ltd
AU:SLC |
Telecom Services | 12.87% |
|
Eurotel SA
WAR:ETL |
Telecom Services | 0.01% |
|
Uniserve Communications Corp
V:USS |
Telecom Services | 24.61% |
|
Telecom Argentina
BA:TECO2 |
Telecom Services | 1.94% |
|
Cablevision Holding SA
BA:CVH |
Telecom Services | 1.85% |
Annual Asset Resilience Ratio for Iridium Communications Inc (2011–2020)
The table below shows the annual Asset Resilience Ratio data for Iridium Communications Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.22% | $7.55 Million | $3.36 Billion | -- |
| 2018-12-31 | 0.00% | $0.00 | $4.01 Billion | -- |
| 2017-12-31 | 0.31% | $11.75 Million | $3.78 Billion | -0.81pp |
| 2016-12-31 | 1.12% | $39.33 Million | $3.50 Billion | -5.22pp |
| 2015-12-31 | 6.35% | $203.33 Million | $3.20 Billion | -2.63pp |
| 2014-12-31 | 8.97% | $261.14 Million | $2.91 Billion | +5.66pp |
| 2013-12-31 | 3.32% | $76.65 Million | $2.31 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $1.92 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $1.37 Billion | -- |
About Iridium Communications Inc
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, a… Read more