Parker Rush - Iridium Communications Independent Director

IRDM Stock  USD 31.37  1.68  5.66%   

Director

Mr. Parker William Rush is Independent Director of Iridium Communications Inc. Mr. Rush has served as Chief Executive Officer and Chairman of ClearView Risk Holdings LLC. Since March 2012, he has also served as a Partner at Consult PWR, LLC. From 2003 until March 2012, Mr. Rush served as the President and Chief Executive Officer and as a member of the board of directors of Republic Companies Group, Inc., a property and casualty insurance company. Previously, Mr. Rush served in various capacities at The Chubb Corporation from 1980 to 2003, including as a Senior Vice President and Managing Director. Mr. Rush received a Bachelor of Business Administration degree from the University of Texas. Mr. Rush currently serves as a member of the board of directors and Audit Committee of National Teachers Associates Life Insurance Company. Mr. Rush also is a director of Collateral Protection Insurance Agency. Our Board of Directors believes Mr. Rushs qualifications to serve on our Board include his extensive corporate management experience and his financial expertise. since 2008.
Age 58
Tenure 16 years
Address 1750 Tysons Boulevard, McLean, VA, United States, 22102
Phone703 287 7400
Webhttps://www.iridium.com
Rush currently serves as a member of the boards of directors of American Independent Insurance Company and ArtBanc International, Ltd., Inc. and as a member of the Advisory Board for the Dallas / Fort Worth Salvation Army. Our Board of Directors believes that Mr. Rush’s qualifications to serve on our Board include his extensive corporate management experience and his financial expertise.

Iridium Communications Management Efficiency

The company has return on total asset (ROA) of 0.0325 % which means that it generated a profit of $0.0325 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0261 %, meaning that it created $0.0261 on every $100 dollars invested by stockholders. Iridium Communications' management efficiency ratios could be used to measure how well Iridium Communications manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Iridium Communications' Return On Tangible Assets are very stable compared to the past year. As of the 27th of April 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.02. At this time, Iridium Communications' Asset Turnover is very stable compared to the past year.
The company currently holds 1.48 B in liabilities with Debt to Equity (D/E) ratio of 1.4, which is about average as compared to similar companies. Iridium Communications has a current ratio of 2.76, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Iridium Communications until it has trouble settling it off, either with new capital or with free cash flow. So, Iridium Communications' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Iridium Communications sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Iridium to invest in growth at high rates of return. When we think about Iridium Communications' use of debt, we should always consider it together with cash and equity.

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Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia. Iridium Comm operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 537 people. Iridium Communications (IRDM) is traded on NASDAQ Exchange in USA. It is located in 1750 Tysons Boulevard, McLean, VA, United States, 22102 and employs 760 people. Iridium Communications is listed under Diversified Telecommunication Services category by Fama And French industry classification.

Management Performance

Iridium Communications Leadership Team

Elected by the shareholders, the Iridium Communications' board of directors comprises two types of representatives: Iridium Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Iridium. The board's role is to monitor Iridium Communications' management team and ensure that shareholders' interests are well served. Iridium Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Iridium Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
Suzanne McBride, COO Director
Timothy Kapalka, Principal Accounting Officer
Robert Niehaus, Independent Chairman of the Board
Suzi McBride, COO
Thomas Fitzpatrick, CFO, Chief Admin. Officer and Director
Donald Thoma, President and CEO of Aireon LLC
Jane Harman, Independent Director
Matthew Desch, CEO and Director
Bryan Hartin, Executive VP of Sales and Marketing
Gregory Pelton, Chief Officer
Richard Nyren, Principal Accounting Officer, Vice President Corporate Controller
Scott Scheimreif, Executive Vice President - Government Programs
Henrik Schliemann, Independent Director
Barry West, Independent Director
Thomas Canfield, Independent Director
Alvin Krongard, Independent Director
Parker Rush, Independent Director
Eric Olson, Independent Director
Scott Smith, COO
Stanford Smith, COO, Director
Steven Pfeiffer, Independent Director
Kathleen Morgan, Chief Secretary
Kenneth Levy, IR Contact Officer
Thomas Hickey, Chief Legal Officer and Secretary
Manjula Sriram, VP Officer

Iridium Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Iridium Communications a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.
Note that the Iridium Communications information on this page should be used as a complementary analysis to other Iridium Communications' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Iridium Communications' price analysis, check to measure Iridium Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Iridium Communications is operating at the current time. Most of Iridium Communications' value examination focuses on studying past and present price action to predict the probability of Iridium Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iridium Communications' price. Additionally, you may evaluate how the addition of Iridium Communications to your portfolios can decrease your overall portfolio volatility.
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Is Iridium Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.074
Dividend Share
0.52
Earnings Share
0.2
Revenue Per Share
6.334
Quarterly Revenue Growth
(0.01)
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.