Iridium Communications Inc. (LON:0JDO)

Iridium Communications Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	93.53	71.87	168.77	320.91	237.18
Short-Term Investments	-	-	-	-	7.55
Cash & Short-Term Investments	93.53	71.87	168.77	320.91	244.73
Cash Growth	30.13%	-57.42%	-47.41%	31.13%	9.47%
Receivables	98.8	91.72	82.27	63.41	61.15
Inventory	81.28	91.14	39.78	29.04	32.48
Prepaid Expenses	16.26	13.28	11.87	7.3	5.61
Other Current Assets	2.86	3.08	3.51	3.75	3.85
Total Current Assets	292.73	271.08	306.2	424.41	347.82
Property, Plant & Equipment	2,095	2,212	2,450	2,683	2,941
Long-Term Investments	89.82	133.63	142.15	-	-
Goodwill	98.19	-	-	-	-
Other Intangible Assets	90.88	41.1	42.58	44	45.5
Long-Term Deferred Tax Assets	1.8	-	-	-	-
Other Long-Term Assets	3.23	4.08	12.85	29.68	26.57
Total Assets	2,671	2,662	2,954	3,181	3,361
Accounts Payable	19.72	28.67	21.37	16.2	14.39
Accrued Expenses	59.77	50.5	64.18	44.42	45.67
Short-Term Debt	33.12	15	16.5	16.5	16.77
Current Portion of Leases	5.04	4.33	3.78	3.7	3.84
Current Unearned Revenue	51.57	33.06	35.74	28.02	32.41
Total Current Liabilities	169.21	131.55	141.58	108.84	113.07
Long-Term Debt	1,758	1,467	1,471	1,582	1,597
Long-Term Leases	11.06	14.09	15.8	19.59	23.26
Long-Term Unearned Revenue	38.26	43.97	45.27	48.07	51.26
Long-Term Deferred Tax Liabilities	114.14	114.64	151.57	134.28	155.08
Other Long-Term Liabilities	4.4	1.94	0.56	0.56	1.95
Total Liabilities	2,095	1,774	1,825	1,893	1,942
Common Stock	0.11	0.12	0.13	0.13	0.13
Additional Paid-In Capital	964.35	1,089	1,125	1,154	1,161
Retained Earnings	-406.09	-235.4	-47.74	140.81	275.92
Comprehensive Income & Other	18.27	33.91	51.56	-7.05	-17.18
Shareholders' Equity	576.64	888.1	1,129	1,288	1,419
Total Liabilities & Equity	2,671	2,662	2,954	3,181	3,361
Total Debt	1,807	1,501	1,507	1,621	1,641
Net Cash (Debt)	-1,713	-1,429	-1,338	-1,300	-1,396
Net Cash Per Share	-14.30	-11.23	-10.28	-9.74	-10.46
Filing Date Shares Outstanding	108.84	122.45	125.97	128.37	134.28
Total Common Shares Outstanding	110.36	122.78	125.9	131.34	134.06
Working Capital	123.52	139.53	164.63	315.57	234.75
Book Value Per Share	5.23	7.23	8.96	9.81	10.59
Tangible Book Value	387.57	847	1,086	1,244	1,374
Tangible Book Value Per Share	3.51	6.90	8.63	9.47	10.25
Land	8.04	8.04	8.04	8.04	8.04
Buildings	39.16	33.43	32.7	30.2	29.92
Machinery	3,298	3,295	3,247	3,244	3,242
Construction In Progress	280.78	261.23	312.8	266.66	280.49

Source: S&P Capital IQ. Standard template. Financial Sources.