Iridium Communications Inc (IRDM) — Tangible Net Worth Ratio
Iridium Communications Inc (IRDM) has a Tangible Net Worth Ratio of 81.9% as of March 2026. This metric is calculated by deducting intangible assets ($84.80 Million) from net assets ($468.35 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. See working capital to net assets of Iridium Communications Inc to evaluate short-term liquidity relative to the company's equity base.
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 March 2026, the ratio stands at 81.9%, reflecting net assets of $468.35 Million with intangible assets of $84.80 Million USD. See IRDM days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Iridium Communications Inc market capitalisation.
| 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 | — |