Ericsson Lm Telephone (ERIC) Prepaid Assets (2017 - 2023)
Ericsson Lm Telephone's (ERIC) quarterly Prepaid Assets came in at $596.5 million in Q4 2023, down 6.53% on a YoY basis from $638.2 million in Q4 2022, and down 6.53% quarter-over-quarter from $638.2 million in Q4 2022.
Analysis
Ericsson Lm Telephone (ERIC) Prepaid Assets (2017 - 2023) Analysis & Trends
Ericsson Lm Telephone (ERIC) has reported Prepaid Assets for 7 consecutive years, with $596.5 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Prepaid Assets fell 6.53% year-over-year to $596.5 million; the trailing twelve-month figure through Dec 2023 stood at $596.5 million (down 6.53% YoY), and the FY2023 full-year result was $596.5 million, down 6.53% from the prior year.
- Prepaid Assets retreated to $596.5 million in Q4 2023 per ERIC's latest filing, from $638.2 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $702.5 million in Q4 2021 and bottomed at $562.5 million in Q4 2020.
- Historically, Prepaid Assets has averaged $616.7 million across 5 years, with a median of $596.5 million in 2023.
- The sharpest annual moves came in 2019 and 2021: Prepaid Assets decreased 19.49% in 2019, then gained 24.89% in 2021.
- Over 5 years, Prepaid Assets stood at $583.8 million in 2019, then fell by 3.65% to $562.5 million in 2020, then gained by 24.89% to $702.5 million in 2021, then retreated by 9.15% to $638.2 million in 2022, then retreated by 6.53% to $596.5 million in 2023.
- According to Business Quant data, Prepaid Assets over the past three periods registered $596.5 million, $638.2 million, and $702.5 million for Q4 2023, Q4 2022, and Q4 2021 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 | Calix | 2.26 Bn | 2.07 Bn | 160.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 596.54 Mn |
| Dec 31, 2022 | 638.20 Mn |
| Dec 31, 2021 | 702.49 Mn |
| Dec 31, 2020 | 562.50 Mn |
| Dec 31, 2019 | 583.83 Mn |
| Dec 31, 2018 | 725.18 Mn |
| Dec 31, 2017 | 709.71 Mn |