Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.17 Billion

According to Iridium Communications's latest financial reports the company has NZ$1.17 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	$NZ$1.40 B	-21%
2022-12-31	$NZ$1.77 B	-5.73%
2021-12-31	$NZ$1.88 B	-4.15%
2020-12-31	$NZ$1.96 B	-9.21%
2019-12-31	$NZ$2.16 B	-9.25%
2018-12-31	$NZ$2.38 B	6.22%
2017-12-31	$NZ$2.24 B	15.88%
2016-12-31	$NZ$1.93 B	8.06%
2015-12-31	$NZ$1.79 B	14.19%
2014-12-31	$NZ$1.57 B	37.52%
2013-12-31	$NZ$1.14 B	7.29%
2012-12-31	$NZ$1.06 B	18.46%
2011-12-31	$NZ$0.89 B	5.86%
2010-12-31	$NZ$0.84 B	-1.65%
2009-12-31	$NZ$0.86 B	85.5%
2008-12-31	$NZ$0.46 B	1683564.05%
2007-12-31	$NZ$0.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	NZ$0.69 B	-40.63%	🇺🇸 USA
Gogo Inflight Internet GOGO	NZ$93.22 M	-92.06%	🇺🇸 USA
Boeing BA	-NZ$41.67 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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