IR

Iridium Communications IncNASDAQ IRDM Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

3.355

Middle

Exchange

XNAS - Nasdaq

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Iridium Financial Leverage

3.133

Last period Financial Leverage ,USD

24%

Financial Leverage has increased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Iridium ?

Iridium`s Financial Leverage for the last twelve months ended 2024-06-30 is 3.133

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