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% YoY from $21.3 million in Q2 2017, and up 898.65% sequentially from $20.0 million in Q1 2018.

Iridium Communications (IRDM) Short-term Investments (2013 - 2018) Analysis & Trends

Iridium Communications has disclosed Short-term Investments across 6 years of filings, most recently posting $199.8 million for 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 advanced to $199.8 million in Q2 2018, from $20.0 million in the prior quarter.
  • Over the last five years, Short-term Investments for IRDM reached as high as $278.0 million in Q2 2015 and fell as low as $11.8 million in Q4 2017.
  • The 5-year median for Short-term Investments is $100.5 million (2016), against an average of $127.3 million.
  • Annual changes were most pronounced in 2016 — Short-term Investments slumped 90.29% — and 2018, when it surged 837.24%.
  • A 5-year view of Short-term Investments shows it stood at $261.1 million in 2014, then fell by 21.62% to $204.7 million in 2015, then tumbled by 90.29% to $19.9 million in 2016, then plunged by 40.6% to $11.8 million in 2017, then surged by 1593.55% to $199.8 million in 2018.
  • According to Business Quant data, Short-term Investments over the past three periods registered $199.8 million, $20.0 million, and $11.8 million for Q2 2018, Q1 2018, and Q4 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn -
6 Charter Communications 17.55 Bn 21.72 Bn -
7 Millicom International Cellular 15.13 Bn 13.99 Bn -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn
10 Iridium Communications 5.89 Bn 5.78 Bn 169.42 Mn

Historic Data

Download Data
DateValue
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 52.37 Mn
Jun 30, 2016 76.11 Mn
Mar 31, 2016 124.94 Mn
Dec 31, 2015 204.67 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