Table:
|  | December 31 |  |
| --- | --- | --- |
|  | 2019 | 2018 |
|  | (in thousands) |  |
| Government | $1,012 | $— |
| Asset Backed | 4,854 | 1,786 |
| Industrial | 5,034 | 2,381 |
| Financial | 6,879 | 7,136 |
|  | $17,779 | $11,303 |
Paragraphs:
NOTE 3 - SHORT TERM INVESTMENTS
The Company's short term investments are classified as below with maturities of twelve months or less, unrealized gains and losses were immaterial for the periods presented:
Question:
What is the percentage change in the company's asset-backed short term investments between 2018 and 2019?
Answer: (4854 - 1786)/1786  = 171.78