Iridium Communications Inc.IRDMNASDAQ
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Current Ratio Over Time
Trending lower, below historical average, structural decline.
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Current ratio (current assets / current liabilities)
Latest
1.73
↓ 43% below average
Average (9y)
3.03
Historical baseline
Range
High:6.21
Low:1.49
CAGR
-10.6%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 1.73 | -16.0% |
| 2023 | 2.06 | -4.7% |
| 2022 | 2.16 | -44.5% |
| 2021 | 3.90 | +28.2% |
| 2020 | 3.04 | +0.9% |
| 2019 | 3.01 | +102.9% |
| 2018 | 1.49 | -22.6% |
| 2017 | 1.92 | -69.1% |
| 2016 | 6.21 | +31.0% |
| 2015 | 4.74 | - |