Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of September 2024 : C$0.22 Billion

According to Iridium Communications's latest financial reports the company has C$0.22 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	C$95.32 M	-58.38%
2022-12-31	C$0.22 B	-44%
2021-12-31	C$0.40 B	31.07%
2020-12-31	C$0.31 B	6.87%
2019-12-31	C$0.29 B	-21.59%
2018-12-31	C$0.37 B	-0.49%
2017-12-31	C$0.37 B	-32.17%
2016-12-31	C$0.55 B	2.23%
2015-12-31	C$0.53 B	-1.57%
2014-12-31	C$0.54 B	95.82%
2013-12-31	C$0.27 B	10.66%
2012-12-31	C$0.25 B	82.39%
2011-12-31	C$0.13 B	15.7%
2010-12-31	C$0.11 B	-22.59%
2009-12-31	C$0.15 B	98631.02%
2008-12-31	C$0.15 M	-14.72%
2007-12-31	C$0.18 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	C$74.59 M	-67.47%	🇺🇸 USA
Gogo Inflight Internet GOGO	C$0.25 B	10.71%	🇺🇸 USA
Boeing BA	C$15.04 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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