Airgain (AIRG) Short-term Investments (2017 - 2020)
Airgain's (AIRG) quarterly Short-term Investments came in at $2.2 million in Q3 2020, down 89.6% on a YoY basis from $21.0 million in Q4 2019, and down 66.5% quarter-over-quarter from $6.5 million in Q2 2020.
Analysis
Airgain (AIRG) Short-term Investments (2017 - 2020) Analysis & Trends
Airgain (AIRG) has reported Short-term Investments for 4 consecutive years, with $2.2 million the latest figure, recorded in Q3 2020.
- For the quarter ending Q3 2020, Short-term Investments fell 89.6% year-over-year to $2.2 million; the trailing twelve-month figure through Sep 2020 stood at $2.2 million (down 89.6% YoY), and the FY2019 full-year result was $21.7 million, up 7.52% from the prior year.
- Short-term Investments fell to $2.2 million in Q3 2020 per AIRG's latest filing, 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.
- Historically, Short-term Investments has averaged $16.9 million across 4 years, with a median of $18.8 million in 2018.
- The sharpest annual moves came in 2019 and 2020: Short-term Investments increased 20.68% in 2019, then plunged 89.6% in 2020.
- Over 4 years, 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.
- According to Business Quant data, Short-term Investments over the past three periods registered $2.2 million, $6.5 million, and $11.0 million for Q3 2020, Q2 2020, and Q1 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn |
| 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, 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 |