Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of December 2024 : C$0.83 Billion

According to Iridium Communications's latest financial reports the company has C$0.83 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Iridium Communications - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$C$0.82 B	-29.75%
2023-12-31	$C$1.17 B	-23.08%
2022-12-31	$C$1.53 B	-6.7%
2021-12-31	$C$1.64 B	-9.31%
2020-12-31	$C$1.80 B	-5.04%
2019-12-31	$C$1.90 B	-12.64%
2018-12-31	$C$2.18 B	8.69%
2017-12-31	$C$2.00 B	11.15%
2016-12-31	$C$1.80 B	5.94%
2015-12-31	$C$1.70 B	19.23%
2014-12-31	$C$1.42 B	42.94%
2013-12-31	$C$1.00 B	14.74%
2012-12-31	$C$0.87 B	22.06%
2011-12-31	$C$0.71 B	8.98%
2010-12-31	$C$0.65 B	-0.75%
2009-12-31	$C$0.66 B	100.91%
2008-12-31	$C$0.32 B	1554569.39%
2007-12-31	$C$0.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	C$0.51 B	-37.76%	🇺🇸 USA
Gogo Inflight Internet GOGO	C$76.02 M	-90.86%	🇺🇸 USA
Boeing BA	-C$5.65 Billion	-778.76%	🇺🇸 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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