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Iridium Communications (Iridium Communications) Enterprise Value : $5,034.9 Mil (As of Apr. 27, 2024)


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What is Iridium Communications Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iridium Communications's Enterprise Value is $5,034.9 Mil. Iridium Communications's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $112.1 Mil. Therefore, Iridium Communications's EV-to-EBIT ratio for today is 44.92.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Iridium Communications's Enterprise Value is $5,034.9 Mil. Iridium Communications's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $406.0 Mil. Therefore, Iridium Communications's EV-to-EBITDA ratio for today is 12.40.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Iridium Communications's Enterprise Value is $5,034.9 Mil. Iridium Communications's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $789.3 Mil. Therefore, Iridium Communications's EV-to-Revenue ratio for today is 6.38.


Iridium Communications Enterprise Value Historical Data

The historical data trend for Iridium Communications's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iridium Communications Enterprise Value Chart

Iridium Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,796.22 6,640.69 6,700.21 7,789.78 6,464.08

Iridium Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,155.98 9,145.38 7,046.66 6,464.08 4,611.91

Competitive Comparison of Iridium Communications's Enterprise Value

For the Telecom Services subindustry, Iridium Communications's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iridium Communications's Enterprise Value Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Iridium Communications's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Iridium Communications's Enterprise Value falls into.



Iridium Communications Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Iridium Communications's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Iridium Communications's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iridium Communications  (NAS:IRDM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Iridium Communications's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5034.945/112.087
=44.92

Iridium Communications's current Enterprise Value is $5,034.9 Mil.
Iridium Communications's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $112.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Iridium Communications's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5034.945/406.012
=12.40

Iridium Communications's current Enterprise Value is $5,034.9 Mil.
Iridium Communications's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $406.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Iridium Communications's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5034.945/789.303
=6.38

Iridium Communications's current Enterprise Value is $5,034.9 Mil.
Iridium Communications's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $789.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iridium Communications Enterprise Value Related Terms

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Iridium Communications (Iridium Communications) Business Description

Traded in Other Exchanges
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.
Executives
Matthew J Desch director, officer: Chief Executive Officer C/O SAIC, 10260 CAMPUS POINT DR M/S F3, SAN DIEGO CA 92121
Jacqueline E Yeaney director 2002 SUMMIT BOULEVARD, SUITE 100, ATLANTA GA 30319
Bryan J. Hartin officer: EVP-Sales and Marketing C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Robert H Niehaus director, officer: Senior Vice President 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Suzanne E. Mcbride officer: Chief Operations Officer C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Barry West director NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191
Scott Scheimreif officer: EVP-Government Programs C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Thomas C Canfield director C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Kathleen A. Morgan officer: Chief Legal Officer C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA 22102
Thomas Fitzpatrick officer: Chief Financial Officer C/O CENTENNIAL COMMUNICATIONS CORP, 3349 RTE 138, WALL NJ 07719
Henrik O. Schliemann director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102
Timothy Kapalka officer: VP Iridium Satellite LLC C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, MCLEAN VA 22102
Parker William Rush director 5525 LBJ FREEWAY, DALLAS TX 75240
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Kay Sears director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN VA 22102