Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of September 2024 : ₹13.60 Billion

According to Iridium Communications's latest financial reports the company has ₹13.60 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	₹5.98 B	-57.16%
2022-12-31	₹13.96 B	-41.53%
2021-12-31	₹23.88 B	33.46%
2020-12-31	₹17.89 B	12.27%
2019-12-31	₹15.94 B	-16.59%
2018-12-31	₹19.11 B	0.58%
2017-12-31	₹19.00 B	-31.87%
2016-12-31	₹27.89 B	7.91%
2015-12-31	₹25.85 B	-13.66%
2014-12-31	₹29.93 B	84.27%
2013-12-31	₹16.24 B	16.64%
2012-12-31	₹13.93 B	93.11%
2011-12-31	₹7.21 B	34.23%
2010-12-31	₹5.37 B	-21.3%
2009-12-31	₹6.82 B	110039.28%
2008-12-31	₹6.2 M	-14.31%
2007-12-31	₹7.23 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	₹4.42 B	-67.47%	🇺🇸 USA
Gogo Inflight Internet GOGO	₹15.06 B	10.71%	🇺🇸 USA
Boeing BA	₹892.87 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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