1. The overview of “Loral Space and Communications”
2. The detailed data of “Loral Space and Communications”
3. The map of “Loral Space and Communications”
4. The stock weekly chart of “Loral Space and Communications”
5. The stock weekly trading radar of “Loral Space and Communications”
6. The annual filings of “Loral Space and Communications”
7. The stock price of “Loral Space and Communications”
* Last update: the same as the published date
The overview of “Loral Space and Communications”
“Loral Space and Communications, Inc.” is a communication satellite company, headquartered in New York region in the U.S.. The “Loral” is known as a company consisted of remaining business when “Loral Corporation” transferred its defense electronics and system integration businesses to “Lockheed Martin” in 1996. Also, the company invested to canadian communication satellite company “Telesat Canada“, founded in 1969, through partnership with the “PSPIB”( Public Sector Pension Investment Board) in Canada, in addition to that, the “Loral” participates in several international and domestic joint ventures’ investments, such as “XTAR” etc.
The detailed data of “Loral Space and Communications”
●Established date： 1996
●Location： 565 5th Ave, New York City, NY 10017, United States
●Stock Exchange： NASDAQ（LORL）
●Listing date： July 27, 2005
●Business details： Space, Communication satellite, Communication product（Telecommunication, Space technology）
●Official website： http://www.loral.com/
The map of “Loral Space and Communications”
The stock weekly chart of “Loral Space and Communications”
The stock weekly trading radar of “Loral Space and Communications”
The annual filings of “Loral Space and Communications”
* Date: Mar 12, 2020
* Date: Mar 18, 2019
* In thousands, except share data
|Cutoff date||December 31, 2020||December 31, 2019||December 31, 2018||December 31, 2017|
|Net income attributable||93,093||89,755||9,614||134,464|
|Total current assets||34,091||260,965||264,082||269,343|
|Total current liabilities||4,841||5,494||4,068||3,852|
(1.2 or more is the best)
|Common stock and additional paid-in capital||1,020,299||1,020,299||1,020,299||1,020,299|
|Retained earning, Accumulated deficit||(729,202)||(605,766)||(695,521)||(682,831)|
|Total stockholders' equity||209,533||350,027||297,566||290,598|
|Total equity and liabilities||254,469||390,810||330,300||374,711|
(20% or more is better)
(50% or more is the best)
|Cash flows from operating activities||(10,907)||2,126||1,812||(24,700)|
|Cash flows from investing activities||N/A||(6)||(4)||242,685|
|Cash flows from financing activities||(216,529)||N/A||N/A||N/A|
|Free cash flow||(10,907)||2,120||1,808||N/A|
The stock price of “Loral Space and Communications”
The company sold the same small amount of Treasury stock as in 2019, and purchased the same amount of Common stock.
However, Accumulated deficit expanded.
Simultaneously, Total stockholders' equity and Total equity and liabilities also decreased.
Fortunately, Operating income increased due to get big Equity in net income of affiliates for 2 years, but the company has Operating loss on its business.
The company has a good enterprise due to Equity ratio of over 80%, but we are worried about stock price movement in 2021.
Because Free cash flow is negative, the company rented a loan from a bank this year, and the company's ability is bad.
Current ratio descended, but there is no problem due to approx 50%.
Also, the company sold the same small amount of Treasury stock as in 2018, and purchased the same amount of Common stock.
Furthermore, Accumulated deficit reduceed.
Simultaneously, Total stockholders' equity and Total equity and liabilities also increased.
However, we are worried about stock price movement in 2020.
Because, Accumulated deficit expanded and the company's ability is bad.
Net income went down, and Accumulated deficit expanded a little.
However, Equity ratio is amazing high value, in addition expanded.
On the other hands, for Free cash flow, operating activities figure is negative and investing activities figure is positive.
So, we can't use as a reference of judgement.
Therefore, it's difficult to predict the stock price in 2019.
|Entity min stock price in monthly chart||N/A||approx 15.70 (Apr)||approx 32.20 (Dec)||approx 37.30 (Jul)|
|Entity max stock price in monthly chart||N/A||approx 32.38 (Jan)||approx 41.50 (Oct)||approx 46.70 (Jan)|
|Stock price increase ratio|
(50% or more is the best)