Iridium Communications Inc.

Iridium Communications Inc. - Current Ratioverified

IRDM

Price:

$44.57

Market Cap:

$4.71B

Iridium Communications Inc. provides critical mobile voice and data communication services and products across the globe. The company serves a broad spectrum of clients, including businesses, both the United States and international governments, non-governmental organizations, and individual consumers worldwide. Their core offerings include postpaid and prepaid mobile satellite voice and data connectivity, push-to-talk services, broadband data solutions, and advanced Internet of Things (IoT) capabilities. Additionally, Iridium supports hosted payload services and various specialized data applications, such as satellite time and location tracking, inbound connections from public telephone net...[Read more]

Industry

Telecommunications Services

IPO Date

2008-03-20

Stock Exchange

NASDAQ

Ticker

IRDM

The Current Ratio as of June 2026 (TTM) for Iridium Communications Inc. (IRDM) is 2.85

According to Iridium Communications Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.85. This represents a change of 8.51% compared to the average of 2.63 of the last 4 quarters.

Iridium Communications Inc. (IRDM) Historical Current Ratio (quarterly & annually)

How has IRDM Current Ratio performed in the past?

The mean historical Current Ratio of Iridium Communications Inc. over the last ten years is 2.80. The current 2.85 Current Ratio has changed 10.08% with respect to the historical average. Over the past ten years (40 quarters), IRDM's Current Ratio was at its highest in in the June 2016 quarter at 6.27. The Current Ratio was at its lowest in in the September 2019 quarter at 0.91.

Quarterly (TTM)
Annual

Average

2.80

Median

2.32

Minimum

1.49

Maximum

6.21

Iridium Communications Inc. (IRDM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Iridium Communications Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 102.89%

Maximum Annual Current Ratio = 6.21

Minimum Annual Increase = -69.11%

Minimum Annual Current Ratio = 1.49

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.4843.13%
20241.73-16.05%
20232.06-4.72%
20222.16-44.54%
20213.9028.19%
20203.040.90%
20193.01102.89%
20181.49-22.56%
20171.92-69.11%
20166.2131.03%

Iridium Communications Inc. (IRDM) Average Current Ratio

How has IRDM Current Ratio performed in the past?

The current Current Ratio of Iridium Communications Inc. (IRDM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.09

5-year avg

2.47

10-year avg

2.80

Iridium Communications Inc. (IRDM) Current Ratio vs. Peers

How is IRDM’s Current Ratio compared to its peers?

Iridium Communications Inc.’s Current Ratio is greater than Cogent Communications Holdings, Inc. (1.90), greater than IHS Holding Limited (2.01), greater than IDT Corporation (1.92), greater than John Wiley & Sons, Inc. (0.54), greater than Liberty Latin America Ltd. (1.11), greater than Yelp Inc. (1.74), greater than Grupo Televisa, S.A.B. (2.39), greater than Lionsgate Studios Corp. (0.49),

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