Iridium Communications Inc (IRDM)
30.47
+0.15
(+0.49%)
USD |
NASDAQ |
May 06, 16:00
30.46
0.00 (0.00%)
After-Hours: 20:00
Iridium Communications Debt to Equity Ratio: 1.879 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.879 |
| December 31, 2023 | 1.669 |
| September 30, 2023 | 1.602 |
| June 30, 2023 | 1.481 |
| March 31, 2023 | 1.367 |
| December 31, 2022 | 1.318 |
| September 30, 2022 | 1.388 |
| June 30, 2022 | 1.348 |
| March 31, 2022 | 1.338 |
| December 31, 2021 | 1.241 |
| September 30, 2021 | 1.211 |
| June 30, 2021 | 1.223 |
| March 31, 2021 | 1.181 |
| December 31, 2020 | 1.137 |
| September 30, 2020 | 1.142 |
| June 30, 2020 | 1.150 |
| March 31, 2020 | 1.148 |
| December 31, 2019 | 1.217 |
| September 30, 2019 | 1.185 |
| June 30, 2019 | 1.217 |
| March 31, 2019 | 1.237 |
| December 31, 2018 | 1.221 |
| September 30, 2018 | 1.273 |
| June 30, 2018 | 1.264 |
| March 31, 2018 | 1.275 |
| Date | Value |
|---|---|
| December 31, 2017 | 1.067 |
| September 30, 2017 | 1.170 |
| June 30, 2017 | 1.195 |
| March 31, 2017 | 1.218 |
| December 31, 2016 | 1.233 |
| September 30, 2016 | 1.173 |
| June 30, 2016 | 1.181 |
| March 31, 2016 | 1.161 |
| December 31, 2015 | 1.130 |
| September 30, 2015 | 1.110 |
| June 30, 2015 | 1.091 |
| March 31, 2015 | 1.050 |
| December 31, 2014 | 1.048 |
| September 30, 2014 | 0.9004 |
| June 30, 2014 | 0.9106 |
| March 31, 2014 | 1.113 |
| December 31, 2013 | 1.106 |
| September 30, 2013 | 1.012 |
| June 30, 2013 | 0.9404 |
| March 31, 2013 | 0.843 |
| December 31, 2012 | 0.8577 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
| December 31, 2011 | 0.5942 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.137
Minimum
Dec 2020
1.879
Maximum
Mar 2024
1.322
Average
1.232
Median
Debt to Equity Ratio Benchmarks
| Globalstar Inc | 0.9507 |
| Cogent Communications Holdings Inc | 1.551 |
| Telephone and Data Systems Inc | 0.8052 |
| Liberty Broadband Corp | 0.415 |
| Comcast Corp | 1.170 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.736B |
| Total Liabilities (Quarterly) | 1.882B |
| Shareholders Equity (Quarterly) | 853.68M |
| Current Ratio | 3.334 |
| Net Debt Paydown Yield | -0.73% |