Parsons (PSN) Short-term Investments (2018 - 2022)
Parsons (PSN) posted quarterly Short-term Investments of $890000.0 for Q2 2022, down 22.27% year-over-year from $1.1 million in Q2 2021, and down 21.93% quarter-over-quarter from $1.1 million in Q1 2022.
Parsons (PSN) Short-term Investments (2018 - 2022) Analysis & Trends
Parsons (PSN) has reported Short-term Investments for 5 consecutive years, with $890000.0 the latest figure, recorded in Q2 2022.
- In Q2 2022, Short-term Investments fell 22.27% year-over-year to $890000.0; the TTM figure through Jun 2022 stood at $890000.0 (down 22.27% YoY), while the FY2021 annual figure was $1.3 million, down 64.64% from the prior year.
- Short-term Investments declined to $890000.0 in Q2 2022 per PSN's latest filing, from $1.1 million in the prior quarter.
- Across five years, Short-term Investments topped out at $12.7 million in Q4 2019 and bottomed at $890000.0 in Q2 2022.
- Historically, Short-term Investments has averaged $4.8 million across 5 years, with a median of $3.6 million in 2020.
- Annual changes were most pronounced in 2019 — Short-term Investments surged 1202.46% — and 2021, when it slumped 83.74%.
- Parsons' Short-term Investments stood at $974000.0 in 2018, then soared by 1202.46% to $12.7 million in 2019, then plunged by 71.57% to $3.6 million in 2020, then sank by 64.64% to $1.3 million in 2021, then slumped by 30.2% to $890000.0 in 2022.
- Business Quant data shows PSN's Short-term Investments at $890000.0 in Q2 2022, $1.1 million in Q1 2022, and $1.3 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Parsons | 5.23 Bn | 4.96 Bn | 295.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 890,000.00 |
| Mar 31, 2022 | 1.14 Mn |
| Dec 31, 2021 | 1.28 Mn |
| Sep 30, 2021 | 1.20 Mn |
| Jun 30, 2021 | 1.15 Mn |
| Mar 31, 2021 | 1.23 Mn |
| Dec 31, 2020 | 3.61 Mn |
| Sep 30, 2020 | 3.73 Mn |
| Jun 30, 2020 | 7.04 Mn |
| Mar 31, 2020 | 7.42 Mn |
| Dec 31, 2019 | 12.69 Mn |
| Sep 30, 2019 | 12.59 Mn |
| Jun 30, 2019 | 8.53 Mn |
| Mar 31, 2019 | 9.06 Mn |
| Dec 31, 2018 | 974,000.00 |