Iridium Communications Inc (IRDM) — Tangible Net Worth Ratio
Iridium Communications Inc (IRDM) has a Tangible Net Worth Ratio of 82.5% as of June 2026. This metric is calculated by deducting intangible assets ($82.67 Million) from net assets ($472.51 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore IRDM net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Iridium Communications Inc Tangible Net Worth Ratio (2007–2025)
This chart shows how Iridium Communications Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 82.5%, reflecting net assets of $472.51 Million with intangible assets of $82.67 Million USD. For live market cap and overall valuation, see Iridium Communications Inc stock valuation.
Annual Tangible Net Worth Ratio for Iridium Communications Inc (2007–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Iridium Communications Inc from 2007 to 2025, covering 19 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Iridium Communications Inc (IRDM) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.2% | $462.60 Million | $86.93 Million | $2.53 Billion | ▼ -3.0 pp |
| 2024 | 84.2% | $576.64 Million | $90.88 Million | $2.67 Billion | ▼ -11.1 pp |
| 2023 | 95.4% | $888.10 Million | $41.09 Million | $2.66 Billion | ▼ -0.9 pp |
| 2022 | 96.2% | $1.13 Billion | $42.58 Million | $2.95 Billion | ▼ -0.4 pp |
| 2021 | 96.6% | $1.29 Billion | $44.00 Million | $3.18 Billion | ▼ -0.2 pp |
| 2020 | 96.8% | $1.42 Billion | $45.50 Million | $3.36 Billion | ▲ +0.0 pp |
| 2019 | 96.8% | $1.46 Billion | $46.98 Million | $3.62 Billion | ▼ -0.2 pp |
| 2018 | 97.0% | $1.60 Billion | $48.54 Million | $4.01 Billion | ▲ +0.1 pp |
| 2017 | 96.9% | $1.60 Billion | $50.02 Million | $3.78 Billion | ▲ +0.3 pp |
| 2016 | 96.6% | $1.34 Billion | $45.80 Million | $3.50 Billion | ▲ +0.4 pp |
| 2015 | 96.2% | $1.23 Billion | $46.59 Million | $3.20 Billion | ▲ +0.1 pp |
| 2014 | 96.2% | $1.23 Billion | $47.42 Million | $2.91 Billion | ▲ +2.3 pp |
| 2013 | 93.9% | $939.50 Million | $57.45 Million | $2.31 Billion | ▲ +1.9 pp |
| 2012 | 92.0% | $876.56 Million | $70.50 Million | $1.92 Billion | ▲ +3.9 pp |
| 2011 | 88.1% | $701.27 Million | $83.55 Million | $1.37 Billion | ▲ +2.8 pp |
| 2010 | 85.3% | $655.52 Million | $96.60 Million | $1.05 Billion | ▼ -0.4 pp |
| 2009 | 85.7% | $646.17 Million | $92.48 Million | $827.30 Million | ▼ -14.3 pp |
| 2008 | 100.0% | $270.26 Million | $0.00 | $403.15 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $21.19K | $0.00 | $500.00K | — |