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| 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 | 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 |