Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of September 2024 : £0.52 Billion

According to Iridium Communications's latest financial reports the company has £0.52 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
2023-12-31	$£0.69 B	-25.27%
2022-12-31	$£0.93 B	-2.23%
2021-12-31	$£0.95 B	-8.37%
2020-12-31	$£1.04 B	-6.42%
2019-12-31	$£1.11 B	-11.8%
2018-12-31	$£1.26 B	6.81%
2017-12-31	$£1.18 B	8.47%
2016-12-31	$£1.08 B	31.34%
2015-12-31	$£0.82 B	4.79%
2014-12-31	$£0.79 B	38.92%
2013-12-31	$£0.56 B	5.02%
2012-12-31	$£0.54 B	20.07%
2011-12-31	$£0.45 B	6.36%
2010-12-31	$£0.42 B	9.51%
2009-12-31	$£0.38 B	110.28%
2008-12-31	$£0.18 B	1728884.25%
2007-12-31	$£0.01 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	£0.31 B	-40.63%	🇺🇸 USA
Gogo Inflight Internet GOGO	£41.94 M	-92.06%	🇺🇸 USA
Boeing BA	-£18.75 Billion	-3,649.79%	🇺🇸 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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