Iridium Communications (IRDM) - Cash on Hand

Cash on Hand as of December 2024 : NZ$0.16 Billion

According to Iridium Communications's latest financial reports the company has NZ$0.16 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
2024-12-31	NZ$0.16 B	45.92%
2023-12-31	NZ$0.11 B	-57.25%
2022-12-31	NZ$0.26 B	-43.42%
2021-12-31	NZ$0.46 B	38.52%
2020-12-31	NZ$0.33 B	2.18%
2019-12-31	NZ$0.33 B	-18.54%
2018-12-31	NZ$0.40 B	-2.76%
2017-12-31	NZ$0.41 B	-29.28%
2016-12-31	NZ$0.59 B	4.27%
2015-12-31	NZ$0.56 B	-5.73%
2014-12-31	NZ$0.60 B	88.39%
2013-12-31	NZ$0.32 B	3.48%
2012-12-31	NZ$0.30 B	77%
2011-12-31	NZ$0.17 B	12.4%
2010-12-31	NZ$0.15 B	-23.28%
2009-12-31	NZ$0.20 B	91056.65%
2008-12-31	NZ$0.22 M	-7.65%
2007-12-31	NZ$0.24 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Orbcomm ORBC	N/A	N/A	🇺🇸 USA
Globalstar GSAT	NZ$0.68 B	318.24%	🇺🇸 USA
Gogo Inflight Internet GOGO	NZ$0.30 B	88.91%	🇺🇸 USA
Boeing BA	NZ$45.77 B	28,001.28%	🇺🇸 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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