Iridium Communications (IRDM) Short-term Investments (2013 - 2018)
Iridium Communications (IRDM) recorded Short-term Investments of $199.84 million in Q2 2018, up 837.2% from $21.32 million a year earlier and up 898.6% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Short-term Investments (2013 - 2018) Analysis & Trends
At the end of FY2017, Iridium Communications reported Short-term Investments of $11.8 million, down 70.0% from FY2016.
- Annual Short-term Investments has declined for three straight years, with a four-year compound annual growth rate of -37.4% (FY2013 to FY2017).
- Across earlier years, Short-term Investments came in at $39.33 million in FY2016 (-80.7%), $203.33 million in FY2015 (-22.1%), $261.14 million in FY2014 (+240.7%) and $76.65 million in FY2013.
- The Q2 2018 figure is the highest quarterly Short-term Investments since Q4 2015.
- On a year-over-year basis, Short-term Investments rose in 1 of the last eight quarters, with growth averaging 45.5%.
- Peak year-over-year performance for Short-term Investments in the last five years was growth of 837.2% in Q2 2018, against a decline of 80.7% in Q4 2016 at the low end.
- Per Business Quant, the preceding three quarters came in at $20.01 million (Q1 2018), $11.8 million (Q4 2017) and $20.3 million (Q3 2017).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - |
| 10 | Iridium Communications | 5.08 Bn | 4.59 Bn | 160.45 Mn |
Historic Data
Download Data
Historic 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 |
| Mar 31, 2017 | 32.93 Mn |
| Dec 31, 2016 | 39.33 Mn |
| Sep 30, 2016 | 52.37 Mn |
| Jun 30, 2016 | 76.11 Mn |
| Mar 31, 2016 | 124.94 Mn |
| Dec 31, 2015 | 203.33 Mn |
| Sep 30, 2015 | 221.89 Mn |
| Jun 30, 2015 | 277.97 Mn |
| Mar 31, 2015 | 270.42 Mn |
| Dec 31, 2014 | 261.14 Mn |
| Dec 31, 2013 | 76.65 Mn |
API Access
Iridium Communications Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "IRDM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();