Airgain (AIRG) Debt Ratio (2015 - 2018)
Airgain's (AIRG) quarterly Debt Ratio came in at 0.01 in Q3 2018, down 78.2% on a YoY basis from 0.03 in Q3 2017, and down 50.7% quarter-over-quarter from 0.01 in Q2 2018.
Analysis
Airgain (AIRG) Debt Ratio (2015 - 2018) Analysis & Trends
Airgain (AIRG) has reported Debt Ratio for 4 consecutive years, with 0.01 the latest figure, recorded in Q3 2018.
- For the quarter ending Q3 2018, Debt Ratio fell 78.2% year-over-year to 0.01; the trailing twelve-month figure through Sep 2018 stood at 0.01 (down 78.2% YoY), and the FY2017 full-year result was 0.02, down 51.22% from the prior year.
- Debt Ratio declined to 0.01 in Q3 2018 per AIRG's latest filing, from 0.01 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.28 in Q4 2015 and bottomed at 0.01 in Q3 2018.
- Historically, Debt Ratio has averaged 0.08 across 4 years, with a median of 0.04 in 2017.
- The widest YoY moves for Debt Ratio: up 51.22% in 2017, down 83.88% in 2017.
- Over 4 years, Debt Ratio stood at 0.28 in 2015, then slumped by 82.96% to 0.05 in 2016, then slumped by 51.22% to 0.02 in 2017, then sank by 72.59% to 0.01 in 2018.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.01, and 0.02 for Q3 2018, Q2 2018, and Q1 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 0.26 |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 0.40 |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | - |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | 0.11 |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 0.02 |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | 0.15 |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 0.14 |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 0.11 |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | Airgain | 68.65 Mn | 61.04 Mn | 5.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | 0.01 |
| Mar 31, 2018 | 0.02 |
| Dec 31, 2017 | 0.02 |
| Sep 30, 2017 | 0.03 |
| Jun 30, 2017 | 0.04 |
| Mar 31, 2017 | 0.04 |
| Dec 31, 2016 | 0.05 |
| Sep 30, 2016 | 0.11 |
| Jun 30, 2016 | 0.22 |
| Dec 31, 2015 | 0.28 |