Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of September 2024 : HK$5.16 Billion

According to Iridium Communications's latest financial reports the company has HK$5.16 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	$HK$6.93 B	-21.34%
2022-12-31	$HK$8.81 B	-12.2%
2021-12-31	$HK$10.04 B	-8.73%
2020-12-31	$HK$11.00 B	-3.18%
2019-12-31	$HK$11.36 B	-9.38%
2018-12-31	$HK$12.54 B	0.55%
2017-12-31	$HK$12.47 B	19.7%
2016-12-31	$HK$10.42 B	9.42%
2015-12-31	$HK$9.52 B	-0.33%
2014-12-31	$HK$9.55 B	31.16%
2013-12-31	$HK$7.28 B	7.22%
2012-12-31	$HK$6.79 B	24.61%
2011-12-31	$HK$5.45 B	6.88%
2010-12-31	$HK$5.10 B	4.85%
2009-12-31	$HK$4.86 B	132.96%
2008-12-31	$HK$2.08 B	1264077.65%
2007-12-31	$HK$0.16 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	HK$3.06 B	-40.63%	🇺🇸 USA
Gogo Inflight Internet GOGO	HK$0.41 B	-92.06%	🇺🇸 USA
Boeing BA	-HK$183.41 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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