Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.02 Billion

According to Iridium Communications's latest financial reports the company has A$1.02 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	$A$1.30 B	-21.4%
2022-12-31	$A$1.65 B	-6.65%
2021-12-31	$A$1.77 B	-3.76%
2020-12-31	$A$1.84 B	-11.43%
2019-12-31	$A$2.08 B	-8.32%
2018-12-31	$A$2.27 B	11.18%
2017-12-31	$A$2.04 B	9.69%
2016-12-31	$A$1.86 B	10.53%
2015-12-31	$A$1.68 B	12.05%
2014-12-31	$A$1.50 B	42.91%
2013-12-31	$A$1.05 B	24.87%
2012-12-31	$A$0.84 B	23.2%
2011-12-31	$A$0.68 B	6.09%
2010-12-31	$A$0.64 B	-7.61%
2009-12-31	$A$0.69 B	82.34%
2008-12-31	$A$0.38 B	1580561.83%
2007-12-31	$A$0.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	A$0.60 B	-40.63%	🇺🇸 USA
Gogo Inflight Internet GOGO	A$81.56 M	-92.06%	🇺🇸 USA
Boeing BA	-A$36.46 Billion	-3,649.79%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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