Iridium Communications (IRDM) Short-term Investments (2013 - 2018)
Iridium Communications (IRDM) posted quarterly Short-term Investments of $199.8 million for Q2 2018, up 837.24% year-over-year from $21.3 million in Q2 2017, and up 898.65% quarter-over-quarter from $20.0 million in Q1 2018.
Iridium Communications (IRDM) Short-term Investments (2013 - 2018) Analysis & Trends
Iridium Communications (IRDM) has reported Short-term Investments for 6 consecutive years, with $199.8 million the latest figure, recorded in Q2 2018.
- In Q2 2018, Short-term Investments rose 837.24% year-over-year to $199.8 million; the TTM figure through Jun 2018 stood at $199.8 million (up 837.24% YoY), while the FY2017 annual figure was $11.8 million, down 40.6% from the prior year.
- Short-term Investments climbed to $199.8 million in Q2 2018 per IRDM's latest filing, from $20.0 million in the prior quarter.
- Across five years, Short-term Investments topped out at $270.4 million in Q1 2015 and bottomed at $11.8 million in Q4 2017.
- Historically, Short-term Investments has averaged $113.4 million across 5 years, with a median of $83.8 million in 2016.
- Annual changes were most pronounced in 2016 — Short-term Investments plunged 90.29% — and 2018, when it surged 837.24%.
- Iridium Communications' Short-term Investments stood at $177.1 million in 2014, then climbed by 15.54% to $204.7 million in 2015, then slumped by 90.29% to $19.9 million in 2016, then tumbled by 40.6% to $11.8 million in 2017, then soared by 1593.55% to $199.8 million in 2018.
- Business Quant data shows IRDM's Short-term Investments at $199.8 million in Q2 2018, $20.0 million in Q1 2018, and $11.8 million in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn |
| 10 | Iridium Communications | 5.23 Bn | 5.05 Bn | 173.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 199.84 Mn |
| Mar 31, 2018 | 20.01 Mn |
| Dec 31, 2017 | 11.80 Mn |
| Sep 30, 2017 | 20.30 Mn |
| Jun 30, 2017 | 21.32 Mn |
| Dec 31, 2016 | 19.87 Mn |
| Sep 30, 2016 | 35.98 Mn |
| Jun 30, 2016 | 76.11 Mn |
| Mar 31, 2016 | 91.52 Mn |
| Dec 31, 2015 | 204.67 Mn |
| Sep 30, 2015 | 221.89 Mn |
| Jun 30, 2015 | 216.76 Mn |
| Mar 31, 2015 | 270.42 Mn |
| Dec 31, 2014 | 177.15 Mn |
| Dec 31, 2013 | 76.65 Mn |