Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.24 Billion

According to Iridium Communications's latest financial reports the company has HK$1.24 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	HK$0.56 B	-57.43%
2022-12-31	HK$1.31 B	-47.3%
2021-12-31	HK$2.50 B	31.9%
2020-12-31	HK$1.89 B	8.96%
2019-12-31	HK$1.74 B	-18.66%
2018-12-31	HK$2.14 B	-7.94%
2017-12-31	HK$2.32 B	-26.95%
2016-12-31	HK$3.18 B	5.58%
2015-12-31	HK$3.01 B	-17.71%
2014-12-31	HK$3.66 B	79.67%
2013-12-31	HK$2.03 B	3.41%
2012-12-31	HK$1.97 B	86.19%
2011-12-31	HK$1.05 B	13.48%
2010-12-31	HK$0.93 B	-18.21%
2009-12-31	HK$1.14 B	114378.3%
2008-12-31	HK$0.99 M	-30.66%
2007-12-31	HK$1.43 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	HK$0.50 B	-59.69%	🇺🇸 USA
Gogo Inflight Internet GOGO	HK$1.25 B	1.23%	🇺🇸 USA
Boeing BA	HK$81.38 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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