Contents
1. The overview of “Maxar Technologies”
2. The detailed data of “Maxar Technologies”
3. The map of “Maxar Technologies”
4. The stock weekly chart of “Maxar Technologies”
5. The stock weekly trading radar of “Maxar Technologies”
6. The annual filings of “Maxar Technologies”
7. The stock price of “Maxar Technologies”
* Last update: December 17, 2022
The overview of “Maxar Technologies”
“Maxar Technologies” is a satellite service provider and space technology company headquartered in Westminster, Colorado, in the U.S.. The company has businesses to manufacture artificial satellite products and related services etc, and established through “DigitalGlobe” and “MDA Holdings Company” merged on October 5, 2017. Also, on April 2020, they sold a part of the businesses of “MDA Holdings Company”, and privately-held Canadian company named “MDA” was formed.
“Maxar Technologies” is listed on the New York Stock Exchange(NYSE) and Toronto Stock Exchange(TSX), in addition to this, the company holds three subsidiary companies such as “Space Systems Loral”(Palo Alto, California), “DigitalGlobe, Inc.”(Westminster, Colorado), and “Radiant Solutions”(Herndon, Virginia). Also, the company operates the “WorldView” series of small satellites, that have the highest commercial resolution, in “DigitalGlobe, Inc.” acquired in 2017. However, it was announced that “Maxar Technologies” is acquired by “Advent International” for 6.4 Billion USD.
“Advent International” has significant experience in global security and defense, and brings investment track record for more than 35 years as one of the largest experienced global private equity investors.
The detailed data of “Maxar Technologies”
●Established date： 1969
●Location： 1300 W 120th Ave, Westminster, CO 80234
●Stock Exchange： NYSE（MAXR）, TSX（MAXR）
●Listing date： －
●Business details： Communication satellite, Communication product（Space technology）
●Official website-1： https://www.maxar.com/（Maxar Technologies）
●Official website-2： https://www.adventinternational.com/（Advent International）
The map of “Maxar Technologies”
The stock weekly chart of “Maxar Technologies”
The stock weekly trading radar of “Maxar Technologies”
The annual filings of “Maxar Technologies”
* Date: Mar 02, 2020
* Date: Feb 28, 2019
* In millions, except per share amounts
| Cutoff date | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|
| Operating income | 2 | 295 | (722)-(1,125) | (44) |
| Net income attributable | 303 | 109 | (1,250)-(1,264) | 58 |
| Total current assets | 468 | 1,261 | 678 | 759 |
| Total current liabilities | 663 | 996 | 882 | 831 |
| Current ratio (1.2 or more is the best) | 0.71 | 1.27 | 0.77 | 0.91 |
| Common stock and additional paid-in capital | 1,818 | 1,784 | 1,772 | 1,601 |
| Treasury stock | N/A | N/A | N/A | N/A |
| Retained earning, Accumulated deficit | (763) | (1,064) | (1,188)-(1,211) | 118 |
| Total stockholders' equity | 936 | 762 | 667-644 | 1,833 |
| Total equity and liabilities | 4,483 | 5,157 | 5,058-5,001 | 6,377 |
| Equity ratio (20% or more is better) (50% or more is the best) | 20.88% | 14.78% | 13.19% | 28.74% |
| Cash flows from operating activities | 189 | 317 | 139 | 105 |
| Cash flows from investing activities | 317 | (13) | (150) | (2,341) |
| Cash flows from financing activities | (579) | (238) | 13 | 2,235 |
| Free cash flow | 506 | 304 | (11) | (2,236) |
The stock price of “Maxar Technologies”
Net income increased three times as much as 2019, but Current ratio reduced a little.
Also, Equity ratio reached to common good level, and Free cash flow increased for two years in a row.
In addition, the fact that Accumulated deficit has gradually decreased for two years in a row also looks a very good sign.
The stock price might grow steadily in the future, but it's an emerging company and a space stock, so we will have to be careful.
* Comment
Net income and Free cash flow turned positive, and Accumulated deficit reduced.
The preparation for raising the stock price might already finished.
* Comment
Net income turned negative, and Accumulated deficit expanded.
Also, Equity ratio went down.（It's not bad situation.）
However, Free cash flow has risen significantly.
Therefore, the stock price might be near the bottom.
| Term year | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Entity min stock price in monthly chart | N/A | approx 26.5 (Oct) | approx 10.0 (Apr) | approx 4.09 (Apr) | approx 11.92 (Dec) |
| Entity max stock price in monthly chart | N/A | approx 50.0 (Mar) | approx 38.6 (Dec) | approx 15.66 (Dec) | approx 64.47 (Jan) |
| Stock price increase ratio (50% or more is the best) | N/A | (88.7)% | 286% | 282.9% | (440.8)% |
