Iridium Communications
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Iridium Communications's balance sheet done over the years? Its assets were worth $2,661,775,000 last year, which is less than in the previous period. 67% of Iridium Communications’s total assets is currently financed by debt. Its liabilities reached the amount of $1,773,676,000, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2014 | 2909681000 | 1.67B | 57.66% |
|---|---|---|---|
| 2015 | 3204230000 | 1.97B | 61.65% |
| 2016 | 3499625000 | 2.15B | 61.6% |
| 2017 | 3782051000 | 2.18B | 57.79% |
| 2018 | 4014271000 | 2.41B | 60.1% |
| 2019 | 3623557000 | 2.16B | 59.73% |
| 2020 | 3360949000 | 1.94B | 57.77% |
| 2021 | 3180795000 | 1.89B | 59.51% |
| 2022 | 2954011000 | 1.82B | 61.8% |
| 2023 | 2661775000 | 1.77B | 66.64% |
IRDM Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 71.87M | 168.77M | 320.91M | 237.17M | 223.56M | 273.35M | 285.87M | 371.16M | 185.66M | 211.24M |
Short term investments | 0 | 0 | 0 | 7.54M | 0 | 0 | 11.75M | 39.32M | 203.32M | 261.13M |
Net receivables | 91.71M | 82.27M | 63.41M | 61.15M | 68.69M | 71.21M | 68.03M | 57.37M | 51.66M | 50.67M |
Inventory | 91.13M | 39.77M | 29.04M | 32.48M | 39.93M | 27.53M | 20.06M | 18.20M | 27.92M | 28.43M |
Other current assets | 16.36M | 15.38M | 11.04M | 9.46M | 10.73M | 18.28M | 50.69M | 30.69M | 26.26M | 32.23M |
Total current assets | 271.08M | 306.20M | 424.41M | 347.82M | 342.93M | 390.38M | 411.07M | 516.77M | 481.71M | 573.11M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.19B | 2.43B | 2.66B | 2.91B | 3.18B | 3.37B | 3.21B | 2.81B | 2.44B | 1.97B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87.03M |
Intangible assets | 41.09M | 42.57M | 43.99M | 45.50M | 46.97M | 48.54M | 50.01M | 45.79M | 46.58M | 47.41M |
Long term investments | 67.13M | 49.85M | -134.27M | -155.08M | -188.65M | -241.42M | -246.17M | -361.65M | -163.77M | 125.43M |
Other non-current assets | 86.70M | -29.49M | 50.05M | 50.54M | 52.84M | 204.49M | 110.79M | 123.97M | 99.3M | 93.83M |
Total non-current assets | 2.39B | 2.64B | 2.75B | 3.01B | 3.28B | 3.62B | 3.37B | 2.98B | 2.72B | 2.33B |
Total assets | 2.66B | 2.95B | 3.18B | 3.36B | 3.62B | 4.01B | 3.78B | 3.49B | 3.20B | 2.90B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 33.05M | 35.74M | 28.01M | 32.41M | 39.08M | 37.42M | 38.39M | 34.08M | 36.96M | 36.66M |
Short term debt | 15M | 16.5M | 16.5M | 16.76M | 10.87M | 126M | 85.5M | 0 | 0 | 0 |
Total current liabilities | 131.55M | 141.57M | 108.83M | 113.07M | 113.75M | 262.71M | 214.22M | 83.19M | 101.61M | 102.35M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.48B | 1.47B | 1.58B | 1.59B | 1.76B | 1.82B | 1.61B | 1.65B | 1.52B | 1.29B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.93M | 16.36M | 20.14M | 25.20M | 29.28M | 4.16M | 59.51M | 17.45M | 159.73M | 18.33M |
Total non-current liabilities | 1.64B | 1.68B | 1.78B | 1.82B | 2.05B | 2.14B | 1.97B | 2.07B | 1.87B | 1.57B |
Total liabilities | 1.77B | 1.82B | 1.89B | 1.94B | 2.16B | 2.41B | 2.18B | 2.15B | 1.97B | 1.67B |
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