Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of September 2024 : A$0.25 Billion

According to Iridium Communications's latest financial reports the company has A$0.25 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Iridium Communications - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.10 B	-57.47%
2022-12-31	A$0.24 B	-43.97%
2021-12-31	A$0.44 B	39.08%
2020-12-31	A$0.31 B	-0.33%
2019-12-31	A$0.31 B	-17.71%
2018-12-31	A$0.38 B	1.78%
2017-12-31	A$0.38 B	-33.06%
2016-12-31	A$0.56 B	6.65%
2015-12-31	A$0.53 B	-7.49%
2014-12-31	A$0.57 B	95.77%
2013-12-31	A$0.29 B	20.43%
2012-12-31	A$0.24 B	84.08%
2011-12-31	A$0.13 B	12.64%
2010-12-31	A$0.11 B	-27.94%
2009-12-31	A$0.16 B	89505.35%
2008-12-31	A$0.18 M	-13.3%
2007-12-31	A$0.21 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	A$83.59 M	-67.47%	🇺🇸 USA
Gogo Inflight Internet GOGO	A$0.28 B	10.71%	🇺🇸 USA
Boeing BA	A$16.85 B	6,460.64%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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