Iradimed (IRMD) Short-term Investments (2013 - 2022)
Iradimed (IRMD) recorded Short-term Investments of $500,090 in Q1 2022, down 73.7% from $1.9 million a year earlier and down 0.4% from the prior quarter.
Iradimed (IRMD) Short-term Investments (2013 - 2022) Analysis & Trends
At the end of FY2021, Iradimed reported Short-term Investments of $501,855, down 73.7% from FY2020.
- Annual Short-term Investments has declined for four straight years, with a five-year compound annual growth rate of -42.5% (FY2016 to FY2021).
- Across earlier years, Short-term Investments came in at $1.91 million in FY2020 (-31.0%), $2.77 million in FY2019 (-56.4%), $6.35 million in FY2018 (-21.9%) and $8.14 million in FY2017 (+2.1%).
- The Q1 2022 figure is the lowest quarterly Short-term Investments since Q2 2014.
- On a year-over-year basis, Short-term Investments has declined for 14 consecutive quarters, with an average decline of 53.3% over the last eight quarters.
- Peak year-over-year performance for Short-term Investments in the last five years was growth of 16.3% in Q2 2018, against a decline of 73.7% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $501,855 (Q4 2021), $945,066 (Q3 2021) and $948,958 (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn |
| 10 | Iradimed | 1.09 Bn | 867.57 Mn | 15.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 500,090.00 |
| Dec 31, 2021 | 501,855.00 |
| Sep 30, 2021 | 945,066.00 |
| Jun 30, 2021 | 948,958.00 |
| Mar 31, 2021 | 1.90 Mn |
| Dec 31, 2020 | 1.91 Mn |
| Sep 30, 2020 | 2.32 Mn |
| Jun 30, 2020 | 2.33 Mn |
| Mar 31, 2020 | 2.78 Mn |
| Dec 31, 2019 | 2.77 Mn |
| Sep 30, 2019 | 3.93 Mn |
| Jun 30, 2019 | 5.38 Mn |
| Mar 31, 2019 | 5.75 Mn |
| Dec 31, 2018 | 6.35 Mn |
| Sep 30, 2018 | 7.49 Mn |
| Jun 30, 2018 | 8.17 Mn |
| Mar 31, 2018 | 7.83 Mn |
| Dec 31, 2017 | 8.14 Mn |
| Sep 30, 2017 | 6.80 Mn |
| Jun 30, 2017 | 7.02 Mn |
Iradimed 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=IRMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "IRMD", "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=IRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();