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
DateValue
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