Airgain (AIRG) Debt Ratio (2015 - 2017)

Airgain (AIRG) posted Debt Ratio of 0.01 for Q3 2017, down 49.85% on a QoQ basis from 0.01 in Q2 2017, and down 89.77% year-over-year from 0.06 in Q3 2016.

Airgain (AIRG) Debt Ratio (2015 - 2017) Analysis & Trends

Airgain's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.01 for Q3 2017.

  • Quarterly Debt Ratio fell 89.77% year-over-year to 0.01 in Q3 2017, while the trailing twelve-month figure through Sep 2017 was 0.01 (down 89.77% YoY) and the FY2016 annual result came in at 0.02, down 86.67% from the prior year.
  • Debt Ratio was 0.01 for Q3 2017 at Airgain, down from 0.01 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.18 in Q4 2015 and bottomed at 0.01 in Q3 2017.
  • A 3-year average of 0.06 and a median of 0.02 in 2016 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2016 — Debt Ratio slumped 86.67% — and 2017, when it tumbled 90.5%.
  • Airgain's Debt Ratio stood at 0.18 in 2015, then slumped by 86.67% to 0.02 in 2016, then slumped by 74.96% to 0.01 in 2017.
  • Business Quant data shows AIRG's Debt Ratio at 0.01 in Q3 2017, 0.01 in Q2 2017, and 0.02 in Q1 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Cisco Systems 453.08 Bn 436.44 Bn 10.08 Bn 0.28
2 Motorola Solutions 70.40 Bn 69.51 Bn 1.36 Bn 0.47
3 Hewlett Packard Enterprise 64.04 Bn 59.20 Bn 9.10 Bn 0.29
4 Ciena 53.20 Bn 51.90 Bn 625.52 Mn 0.26
5 Lumentum Holdings 51.31 Bn 48.14 Bn 357.00 Mn 0.47
6 Nokia 49.83 Bn 42.52 Bn 9.86 Bn 0.07
7 Ubiquiti 32.53 Bn 32.16 Bn 370.71 Mn -
8 Ericsson Lm Telephone 32.22 Bn 26.54 Bn 2.53 Bn 0.08
9 AST SpaceMobile 16.80 Bn 16.80 Bn 3.67 Mn 0.49
10 Airgain 70.14 Mn 63.02 Mn 4.97 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2017 0.01
Jun 30, 2017 0.01
Mar 31, 2017 0.02
Dec 31, 2016 0.02
Sep 30, 2016 0.06
Jun 30, 2016 0.12
Dec 31, 2015 0.18