Iridium Communications Inc (IRDM) - Net Assets
Based on the latest financial reports, Iridium Communications Inc (IRDM) has net assets worth $462.60 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.53 Billion) and total liabilities ($2.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Iridium Communications Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $462.60 Million |
| % of Total Assets | 18.28% |
| Annual Growth Rate | 74.2% |
| 5-Year Change | -64.08% |
| 10-Year Change | -65.57% |
| Growth Volatility | 292154.37 |
Iridium Communications Inc - Net Assets Trend (2007–2025)
This chart illustrates how Iridium Communications Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Iridium Communications Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Iridium Communications Inc (2007–2025)
The table below shows the annual net assets of Iridium Communications Inc from 2007 to 2025. For live valuation and market cap data, see Iridium Communications Inc (IRDM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $462.60 Million | -19.78% |
| 2024-12-31 | $576.64 Million | -35.07% |
| 2023-12-31 | $888.10 Million | -21.31% |
| 2022-12-31 | $1.13 Billion | -12.38% |
| 2021-12-31 | $1.29 Billion | -9.26% |
| 2020-12-31 | $1.42 Billion | -2.73% |
| 2019-12-31 | $1.46 Billion | -8.88% |
| 2018-12-31 | $1.60 Billion | +0.32% |
| 2017-12-31 | $1.60 Billion | +18.81% |
| 2016-12-31 | $1.34 Billion | +9.36% |
| 2015-12-31 | $1.23 Billion | -0.26% |
| 2014-12-31 | $1.23 Billion | +31.12% |
| 2013-12-31 | $939.50 Million | +7.18% |
| 2012-12-31 | $876.56 Million | +25.00% |
| 2011-12-31 | $701.27 Million | +6.98% |
| 2010-12-31 | $655.52 Million | +1.45% |
| 2009-12-31 | $646.17 Million | +139.09% |
| 2008-12-31 | $270.26 Million | +1275448.78% |
| 2007-12-31 | $21.19K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iridium Communications Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 41855018800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $105.00K | 0.02% |
| Other Comprehensive Income | $406.00K | 0.09% |
| Other Components | $880.64 Million | 190.37% |
| Total Equity | $462.60 Million | 100.00% |
Iridium Communications Inc Competitors by Market Cap
The table below lists competitors of Iridium Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
$1.96 Billion |
|
I-Chiun Precision Industry Co Ltd
TW:2486
|
$1.96 Billion |
|
Anhui Honglu Steel Construction Group Co Ltd
SHE:002541
|
$1.96 Billion |
|
Investis Holding SA
SW:IREN
|
$1.96 Billion |
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.96 Billion |
|
Grupo Mateus S.A
SA:GMAT3
|
$1.96 Billion |
|
Tellhow Sci-Tech Co Ltd
SHG:600590
|
$1.96 Billion |
|
Aecon Group Inc.
TO:ARE
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iridium Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 576,637,000 to 462,600,000, a change of -114,037,000 (-19.8%).
- Net income of 114,372,000 contributed positively to equity growth.
- Dividend payments of 62,854,000 reduced retained earnings.
- Share repurchases of 205,158,000 reduced equity.
- Other comprehensive income decreased equity by 17,865,000.
- Other factors increased equity by 57,468,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $114.37 Million | +24.72% |
| Dividends Paid | $62.85 Million | -13.59% |
| Share Repurchases | $205.16 Million | -44.35% |
| Other Comprehensive Income | $-17.86 Million | -3.86% |
| Other Changes | $57.47 Million | +12.42% |
| Total Change | $- | -19.78% |
Book Value vs Market Value Analysis
This analysis compares Iridium Communications Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21406.46x to 9.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.00 | $39.44 | x |
| 2008-12-31 | $6.25 | $39.44 | x |
| 2009-12-31 | $11.63 | $39.44 | x |
| 2010-12-31 | $8.99 | $39.44 | x |
| 2011-12-31 | $9.53 | $39.44 | x |
| 2012-12-31 | $11.46 | $39.44 | x |
| 2013-12-31 | $12.25 | $39.44 | x |
| 2014-12-31 | $13.12 | $39.44 | x |
| 2015-12-31 | $12.92 | $39.44 | x |
| 2016-12-31 | $14.02 | $39.44 | x |
| 2017-12-31 | $16.26 | $39.44 | x |
| 2018-12-31 | $14.27 | $39.44 | x |
| 2019-12-31 | $11.66 | $39.44 | x |
| 2020-12-31 | $10.63 | $39.44 | x |
| 2021-12-31 | $9.65 | $39.44 | x |
| 2022-12-31 | $8.67 | $39.44 | x |
| 2023-12-31 | $6.98 | $39.44 | x |
| 2024-12-31 | $4.81 | $39.44 | x |
| 2025-12-31 | $4.29 | $39.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iridium Communications Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.12%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 5.47x
- Recent ROE (24.72%) is above the historical average (3.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -17.99% | 0.00% | 0.00x | 23.60x | $-5.93K |
| 2008 | 0.61% | 0.00% | 0.00x | 1.49x | $-25.37 Million |
| 2009 | -7.07% | -58.41% | 0.09x | 1.32x | $-107.13 Million |
| 2010 | 3.46% | 6.52% | 0.33x | 1.60x | $-42.86 Million |
| 2011 | 5.66% | 10.33% | 0.28x | 1.96x | $-30.45 Million |
| 2012 | 7.37% | 16.85% | 0.20x | 2.19x | $-23.02 Million |
| 2013 | 6.65% | 16.34% | 0.17x | 2.46x | $-31.43 Million |
| 2014 | 6.09% | 18.35% | 0.14x | 2.36x | $-48.20 Million |
| 2015 | 0.58% | 1.73% | 0.13x | 2.61x | $-115.75 Million |
| 2016 | 8.26% | 25.60% | 0.12x | 2.60x | $-23.34 Million |
| 2017 | 14.65% | 52.19% | 0.12x | 2.37x | $74.21 Million |
| 2018 | -0.84% | -2.56% | 0.13x | 2.51x | $-173.54 Million |
| 2019 | -11.10% | -28.91% | 0.15x | 2.48x | $-307.93 Million |
| 2020 | -3.95% | -9.61% | 0.17x | 2.37x | $-198.00 Million |
| 2021 | -0.72% | -1.52% | 0.19x | 2.47x | $-138.11 Million |
| 2022 | 0.77% | 1.21% | 0.24x | 2.62x | $-104.13 Million |
| 2023 | 1.74% | 1.95% | 0.30x | 3.00x | $-73.39 Million |
| 2024 | 19.56% | 13.58% | 0.31x | 4.63x | $55.11 Million |
| 2025 | 24.72% | 13.12% | 0.34x | 5.47x | $68.11 Million |
Industry Comparison
This section compares Iridium Communications Inc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $84,013,623,558
- Average return on equity (ROE) among peers: 6.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iridium Communications Inc (IRDM) | $462.60 Million | -17.99% | 4.47x | $1.96 Billion |
| Array Digital Infrastructure, Inc. (AD) | $2.57 Billion | 11.30% | 0.92x | $2.63 Billion |
| America Movil SAB de CV ADR (AMX) | $428.37 Billion | 18.13% | 3.21x | $71.77 Billion |
| Anterix Inc (ATEX) | $-4.21 Million | 0.00% | 0.00x | $703.61 Million |
| ATN International Inc (ATNI) | $808.72 Million | 1.55% | 0.48x | $365.41 Million |
| Altice USA Inc (ATUS) | $-5.03 Billion | 0.00% | 0.00x | $502.28 Million |
| Cable One Inc (CABO) | $1.74 Billion | 12.27% | 2.96x | $425.47 Million |
| Cogent Communications Group Inc (CCOI) | $-149.00 Million | 0.00% | 0.00x | $1.14 Billion |
| Chunghwa Telecom Co Ltd (CHT) | $373.04 Billion | 12.62% | 0.19x | $33.47 Billion |
| Charter Communications Inc (CHTR) | $38.81 Billion | 4.30% | 2.82x | $21.41 Billion |
| Comcast Corp (CMCSA) | $-21.70 Million | 0.00% | 0.00x | $97.57 Billion |
About Iridium Communications Inc
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping,… Read more