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. Check Iridium Communications Inc (IRDM) strategic investment index to assess the company's strategic physical and investment asset allocation.
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 Iridium Communications Inc net asset quality index to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see IRDM company net worth.
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 |
|---|---|---|
|
Verizon Communications Inc
NYSE:VZ |
Telecom Services | 4.71% |
|
SoftBank Group Corp
F:SFTU |
Telecom Services | 3.66% |
|
MTN Group Ltd
JSE:MTN |
Telecom Services | 1.60% |
|
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
F:PTI |
Telecom Services | 0.51% |
|
TELECOM ITALIA ADR 1
F:TQIA |
Telecom Services | 3.73% |
|
INTERNET IN.JP.ADR 1 ON
F:IIJ |
Telecom Services | 0.84% |
|
Telecom Argentina
BA:TECO2 |
Telecom Services | 1.94% |
|
Orange Belgium SA
BR:OBEL |
Telecom Services | 0.05% |
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