ADTRAN Holdings (ADTN) Short-term Investments (2009 - 2023)
ADTRAN Holdings (ADTN) reported Short-term Investments of $3.09 million for Q2 2023, up 74.2% from $1.77 million a year earlier and up 192.0% from the prior quarter.
ADTRAN Holdings (ADTN) Short-term Investments (2009 - 2023) Analysis & Trends
At the end of FY2022, ADTRAN Holdings posted Short-term Investments of $340,000, down 15.0% from FY2021.
- Short-term Investments has declined for three consecutive years, with a five-year compound annual growth rate of -53.8% (FY2017 to FY2022).
- By year, Short-term Investments came in at $400,000 in FY2021 (-87.2%), $3.13 million in FY2020 (-90.6%), $33.24 million in FY2019 (+924.1%) and $3.25 million in FY2018 (-79.9%).
- The Q2 2023 figure ranks as the highest quarterly Short-term Investments since Q1 2021.
- Year over year, Short-term Investments gained in two of the last eight quarters, with an average decline of 16.9%.
- The high point for year-over-year Short-term Investments in five years was Q4 2019 (growth of 924.1%); the low point was Q4 2020 (a decline of 90.6%).
- Per Business Quant data, the three quarters before Q2 2023 came in at $1.06 million (Q1 2023), $340,000 (Q4 2022) and $803,000 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn |
| 10 | ADTRAN Holdings | 571.61 Mn | 566.34 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 3.09 Mn |
| Mar 31, 2023 | 1.06 Mn |
| Dec 31, 2022 | 340,000.00 |
| Sep 30, 2022 | 803,000.00 |
| Jun 30, 2022 | 1.77 Mn |
| Mar 31, 2022 | 429,000.00 |
| Dec 31, 2021 | 400,000.00 |
| Sep 30, 2021 | 2.61 Mn |
| Jun 30, 2021 | 2.82 Mn |
| Mar 31, 2021 | 4.09 Mn |
| Dec 31, 2020 | 3.13 Mn |
| Sep 30, 2020 | 6.18 Mn |
| Jun 30, 2020 | 9.03 Mn |
| Mar 31, 2020 | 5.98 Mn |
| Dec 31, 2019 | 33.24 Mn |
| Sep 30, 2019 | 28.75 Mn |
| Jun 30, 2019 | 30.89 Mn |
| Mar 31, 2019 | 31.29 Mn |
| Dec 31, 2018 | 3.25 Mn |
| Sep 30, 2018 | 5.91 Mn |
ADTRAN Holdings Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=ADTN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "ADTN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=ADTN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();