Iridium Communications (IRDM)

Net assets on the balance sheet as of June 2024 : C$1.06 B

According to Iridium Communications's latest financial reports the company has C$1.06 B 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	$C$1.17 B	-23.08%
2022-12-31	$C$1.53 B	-6.05%
2021-12-31	$C$1.63 B	-9.95%
2020-12-31	$C$1.81 B	-4.32%
2019-12-31	$C$1.89 B	-13.41%
2018-12-31	$C$2.18 B	8.85%
2017-12-31	$C$2.00 B	11.15%
2016-12-31	$C$1.80 B	5.83%
2015-12-31	$C$1.70 B	19.43%
2014-12-31	$C$1.42 B	42.95%
2013-12-31	$C$0.99 B	14.41%
2012-12-31	$C$0.87 B	22.34%
2011-12-31	$C$0.71 B	8.83%
2010-12-31	$C$0.65 B	-0.74%
2009-12-31	$C$0.66 B	100.18%
2008-12-31	$C$0.33 B	1589556.49%
2007-12-31	$C$0.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Globalstar GSAT	C$0.51 B	-51.32%	🇺🇸 USA
Gogo Inflight Internet GOGO	C$70.54 M	-93.39%	🇺🇸 USA
Boeing BA	-C$24.4 B	-2,385.75%	🇺🇸 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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Iridium Communications (IRDM) - Net assets

Net assets on the balance sheet as of June 2024 : C$1.06 B