Can Iridium Communications cover its short-term obligations?

Its current ratio is 2.85 — current assets exceed current liabilities.

Where does Iridium Communications's balance sheet data come from?

Every line is extracted from Iridium Communications's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Iridium Communications IRDM Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$96.5M+3.2%	$93.53M+30.1%	$71.87M-57.4%	$168.77M+492%
Accounts receivable, net	$93.77M-5.1%	$98.8M+7.7%	$91.72M+11.5%	$82.27M+29.7%
Inventories	$73.76M-9.3%	$81.28M-10.8%	$91.14M+129%	$39.78M+37.0%
Raw materials	$22.43M-24.2%	$29.61M-32.1%	$43.6M+89.4%	$23.01M+94.2%
Finished goods	$52.35M-0.3%	$52.5M+7.8%	$48.7M+171%	$17.96M-2.3%
Prepaid expenses and other current assets	$12.47M-34.8%	$19.12M+16.8%	$16.36M+6.4%	$15.39M+39.3%
Total current assets	$276.5M-5.5%	$292.73M+8.0%	$271.08M-11.5%	$306.2M-27.9%
Property and equipment, net	$1.98B-4.9%	$2.08B-5.2%	$2.2B-9.8%	$2.43B-8.6%
Accumulated depreciation	$22.32M+21.5%	$18.37M+9.1%	$16.83M—	——
Goodwill	$98.94M+0.8%	$98.19M—	$0—	——
Intangible assets, net	$51.7M-43.1%	$90.88M+121%	$41.1M-3.5%	$42.58M-3.2%
Deferred tax assets	$130.53M+14.4%	$114.14M-0.4%	$114.64M-24.4%	$151.57M+12.9%
Other non-current assets	$50.71M-23.9%	$66.62M-23.2%	$86.71M-29.0%	$122.07M+144%
Equity method investments	$39.77M-6.5%	$42.52M-36.7%	$67.13M+34.7%	$49.85M—
Total assets	$2.53B-5.3%	$2.67B+0.4%	$2.66B-9.9%	$2.95B-7.1%
Accounts payable	$17.68M-10.3%	$19.72M-31.2%	$28.67M+34.2%	$21.37M+32.0%
Accrued expenses	$49.47M-23.7%	$64.81M+18.2%	$54.83M-19.3%	$67.96M+41.2%
Deferred revenue	$40.32M+5.4%	$38.26M-13.0%	$43.97M-2.9%	$45.27M-5.8%
Short-term borrowings	$3.4M-89.7%	$33.12M+121%	$15M-9.1%	$16.5M—
Accrued interest	$300K0.0%	$300K-70.0%	$1M+233%	$300K+200%
Dividends payable	$3.5M+40.0%	$2.5M+92.3%	$1.3M—	——
Total current liabilities	$111.67M-34.0%	$169.21M+28.6%	$131.55M-7.1%	$141.58M+30.1%
Other non-current liabilities	$28.77M+86.2%	$15.45M-3.6%	$16.03M-2.0%	$16.36M-18.8%
Total liabilities	$2.07B-1.3%	$2.09B+18.1%	$1.77B-2.8%	$1.83B-3.6%
Additional paid-in capital	$880.64M-8.7%	$964.35M-11.5%	$1.09B-3.1%	$1.12B-2.6%
Retained earnings	-$418.55M-3.1%	-$406.09M-72.5%	-$235.4M-393%	-$47.74M-134%
Accumulated other comprehensive income (loss)	$406K-97.8%	$18.27M-46.1%	$33.91M-34.2%	$51.56M+831%
Total stockholders' equity	$462.6M-19.8%	$576.64M-35.1%	$888.1M-21.3%	$1.13B-12.4%
Total liabilities and stockholders' equity	$2.53B-5.3%	$2.67B+0.4%	$2.66B-9.9%	$2.95B-7.1%
Operating Lease Income - 2022 (Lessor)	——	——	——	——
Operating Lease Income - 2025 (Lessor)	——	——	——	——
Operating Lease Receivables (Current)	——	——	——	——
Other Inventory, Net	$1.02M+24.6%	$818K-29.6%	$1.16M-3.3%	$1.2M+0.1%
Deferred Tax Assets and Other Non-Current Assets	$50.71M-23.9%	$66.62M-23.2%	$86.71M-29.0%	$122.07M+144%
Finite Lived Intangible Assets - Gross	$74.03M0.0%	$74.03M+226%	$22.7M—	——
Indefinite-Lived Intangible Assets	$35.23M0.0%	$35.23M0.0%	$35.23M—	——
Indefinite-Lived Intangible Assets, Gross	$35.23M0.0%	$35.23M0.0%	$35.23M—	——
Indefinite-Lived Research and Development Assets	$35.23M0.0%	$35.23M0.0%	$35.23M—	——
Indefinite-Lived Trademarks	$35.23M0.0%	$35.23M0.0%	$35.23M—	——
Intangible Assets Gross (Excluding Goodwill)	$109.25M0.0%	$109.25M+88.6%	$57.93M—	——
Net Investment in Lease	——	——	——	——
Intangible assets — net	$51.7M-7.1%	$55.65M+848%	$5.87M—	——
Other intangible assets—net	$86.93M-4.3%	$90.88M+121%	$41.1M-3.5%	$42.58M-3.2%
Other non-current assets	$50.71M-23.9%	$66.62M-23.2%	$86.71M-29.0%	$122.07M+144%
Operating Lease Income - 2026 (Lessor)	——	——	——	——
Operating Lease Income - 2027 (Lessor)	——	——	——	——
Operating Lease Income - 2028 (Lessor)	——	——	——	——
Operating Lease Income - Thereafter (Lessor)	——	——	——	——
Software and Technology Licenses, Net	$50.71M-23.9%	$66.62M-23.2%	$86.71M-29.0%	$122.07M+144%
Other Commercial Liabilities	$49.47M-23.7%	$64.81M+18.2%	$54.83M-19.3%	$67.96M+41.2%
Accrued Liabilities, Current	$49.47M-23.7%	$64.81M+18.2%	$54.83M-19.3%	$67.96M+41.2%
Deferred income	$41.13M-20.3%	$51.57M+56.0%	$33.06M-7.5%	$35.74M+27.6%
Revolving credit facility	$3.4M-89.7%	$33.12M+121%	$15M-9.1%	$16.5M0.0%
Lease Liability Payments - 2021	——	——	——	——
Line of Credit Outstanding	$3.4M-89.7%	$33.12M+121%	$15M-9.1%	$16.5M0.0%
Deferred income	$40.32M+5.4%	$38.26M-13.0%	$43.97M-2.9%	$45.27M-5.8%
Convertible Preferred Stock Issued Shares	——	——	——	——
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Additional paid-in capital	$880.64M-8.7%	$964.35M-11.5%	$1.09B-3.1%	$1.12B-2.6%
Preferred Stock Par Value Per Share	——	——	——	——
Share Repurchase Authorization Limit	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——
Shares Reserved for Future Issuance Under Stock Plans	——	——	——	——
Operating Lease Income - 2023 (Lessor)	——	——	——	——
Operating Lease Income - 2024 (Lessor)	——	——	——	——
Deferred income taxes	$130.53M+14.4%	$114.14M-0.4%	$114.64M-24.4%	$151.57M+12.9%
Equity method investments (Note 11)	$39.77M-6.5%	$42.52M-36.7%	$67.13M+34.7%	$49.85M—
Excess cash flow prepayment	——	$28.6M—	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$22.32M+21.5%	$18.37M+9.1%	$16.83M—	——
Gross Carrying Amount	$74.03M0.0%	$74.03M+226%	$22.7M—	——
Trademarks	$35.23M0.0%	$35.23M0.0%	$35.23M—	——
Indefinite- lived intangible impairment	$109.25M0.0%	$109.25M+88.6%	$57.93M—	——
Raw materials	$22.43M-24.2%	$29.61M-32.1%	$43.6M+89.4%	$23.01M+94.2%
Remainder of fiscal 2026	——	——	——	——
Secured lines of credit	$1.76B0.0%	$1.76B+19.8%	$1.47B-0.2%	$1.47B-7.0%
Preferred Stock, Par or Stated Value Per Share	——	——	——	——
Preferred Stock Share Subscriptions	500K0.0%	500K0.0%	500K0.0%	500K0.0%
Preferred Stock, Shares Issued	——	——	——	——
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Incentive stock program, shares reserved for future grants (in shares)	——	——	——	——
Share Repurchase Program, Authorized, Amount	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——
Total Authorized Preferred Stock, Number	——	——	——	——
Sublease Income - Thereafter	——	——	——	——

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Questions, answered.

Can Iridium Communications cover its short-term obligations?: Its current ratio is 2.85 — current assets exceed current liabilities.
Where does Iridium Communications's balance sheet data come from?: Every line is extracted from Iridium Communications's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.