Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of September 2024 : £0.12 Billion

According to Iridium Communications's latest financial reports the company has £0.12 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	£56.41 M	-59.56%
2022-12-31	£0.13 B	-41.32%
2021-12-31	£0.23 B	32.42%
2020-12-31	£0.17 B	5.31%
2019-12-31	£0.17 B	-20.83%
2018-12-31	£0.21 B	-2.21%
2017-12-31	£0.22 B	-33.8%
2016-12-31	£0.33 B	26.74%
2015-12-31	£0.26 B	-13.49%
2014-12-31	£0.30 B	90.31%
2013-12-31	£0.15 B	1.29%
2012-12-31	£0.15 B	79.41%
2011-12-31	£87.73 M	12.93%
2010-12-31	£77.69 M	-14.58%
2009-12-31	£90.95 M	103232.95%
2008-12-31	£0.08 M	-5.16%
2007-12-31	£0.09 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	£49.79 M	-59.69%	🇺🇸 USA
Gogo Inflight Internet GOGO	£0.12 B	1.23%	🇺🇸 USA
Boeing BA	£8.10 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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