Airgain (AIRG) Short-term Investments (2017 - 2020)
Airgain (AIRG) posted Short-term Investments of $2.2 million for Q3 2020, down 66.5% on a QoQ basis from $6.5 million in Q2 2020, and down 89.6% year-over-year from $21.0 million in Q4 2019.
Airgain (AIRG) Short-term Investments (2017 - 2020) Analysis & Trends
Airgain's Short-term Investments history runs 4 years deep, the most recent figure standing at $2.2 million for Q3 2020.
- Quarterly Short-term Investments fell 89.6% year-over-year to $2.2 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $2.2 million (down 89.6% YoY) and the FY2019 annual result came in at $21.7 million, up 7.52% from the prior year.
- Short-term Investments was $2.2 million for Q3 2020 at Airgain, down from $6.5 million in the prior quarter.
- Across five years, Short-term Investments topped out at $21.7 million in Q4 2019 and bottomed at $2.2 million in Q3 2020.
- A 4-year average of $16.9 million and a median of $18.8 million in 2018 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2019 — Short-term Investments gained 20.68% — and 2020, when it slumped 89.6%.
- Airgain's Short-term Investments stood at $21.3 million in 2017, then decreased by 5.25% to $20.2 million in 2018, then advanced by 7.52% to $21.7 million in 2019, then tumbled by 89.93% to $2.2 million in 2020.
- Business Quant data shows AIRG's Short-term Investments at $2.2 million in Q3 2020, $6.5 million in Q2 2020, and $11.0 million in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn |
| 10 | Airgain | 70.14 Mn | 63.02 Mn | 4.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 2.18 Mn |
| Jun 30, 2020 | 6.52 Mn |
| Mar 31, 2020 | 11.02 Mn |
| Dec 31, 2019 | 21.69 Mn |
| Sep 30, 2019 | 21.00 Mn |
| Jun 30, 2019 | 20.57 Mn |
| Mar 31, 2019 | 21.14 Mn |
| Dec 31, 2018 | 20.17 Mn |
| Sep 30, 2018 | 18.77 Mn |
| Jun 30, 2018 | 18.82 Mn |
| Mar 31, 2018 | 17.52 Mn |
| Dec 31, 2017 | 21.29 Mn |
| Sep 30, 2017 | 18.46 Mn |