ADC Therapeutics (ADCT) Long-Term Investments (2020 - 2024)
ADC Therapeutics' Long-Term Investments came in at $260,000 for Q2 2024, down 99.1% from $28.32 million a year earlier and down 72.0% from the prior quarter.
ADC Therapeutics (ADCT) Long-Term Investments (2020 - 2024) Analysis & Trends
At the end of FY2023, ADC Therapeutics' Long-Term Investments was $1.65 million, down 78.4% from FY2022.
- Long-Term Investments has declined in each of the last three years, with a three-year compound annual growth rate of -67.5% (FY2020 to FY2023).
- Going back by year, Long-Term Investments was $7.61 million in FY2022 (-81.5%), $41.24 million in FY2021 (-13.9%) and $47.91 million in FY2020.
- The Q2 2024 figure represents the lowest quarterly Long-Term Investments in data going back to Q4 2020.
- Year-over-year, Long-Term Investments has declined for 11 consecutive quarters, with an average decline of 55.8% over the last eight quarters.
- Across the past five years, year-over-year decline in Long-Term Investments ran from 13.9% in Q4 2021 to 99.1% in Q2 2024.
- Business Quant data shows ADCT's Long-Term Investments at $930,000 (Q1 2024), $1.65 million (Q4 2023) and $26.99 million (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,172.05 Bn | 1,140.63 Bn | 19.71 Bn | 3.86 Bn |
| 2 | Johnson & Johnson | 636.25 Bn | 554.77 Bn | 17.26 Bn | - |
| 3 | AbbVie | 503.38 Bn | 476.49 Bn | 12.70 Bn | 266.00 Mn |
| 4 | Merck | 377.92 Bn | 332.30 Bn | 12.21 Bn | 1.22 Bn |
| 5 | Novartis Ag | 304.19 Bn | 268.18 Bn | 11.24 Bn | 69.00 Mn |
| 6 | Astrazeneca | 267.24 Bn | 240.93 Bn | 12.86 Bn | 297.00 Mn |
| 7 | Amgen | 242.06 Bn | 197.46 Bn | 7.24 Bn | - |
| 8 | Gilead Sciences | 193.78 Bn | 167.97 Bn | 6.22 Bn | - |
| 9 | Pfizer | 172.54 Bn | 119.18 Bn | 10.94 Bn | 1.56 Bn |
| 10 | ADC Therapeutics | 239.50 Mn | -706.69 Mn | 16.90 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 260,000.00 |
| Mar 31, 2024 | 930,000.00 |
| Dec 31, 2023 | 1.65 Mn |
| Sep 30, 2023 | 26.99 Mn |
| Jun 30, 2023 | 28.32 Mn |
| Mar 31, 2023 | 29.53 Mn |
| Dec 31, 2022 | 7.61 Mn |
| Sep 30, 2022 | 34.69 Mn |
| Jun 30, 2022 | 36.82 Mn |
| Mar 31, 2022 | 38.73 Mn |
| Dec 31, 2021 | 41.24 Mn |
| Sep 30, 2021 | 44.00 Mn |
| Jun 30, 2021 | 46.21 Mn |
| Mar 31, 2021 | 47.38 Mn |
| Dec 31, 2020 | 47.91 Mn |
ADC Therapeutics Long-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=long-term-investments&ticker=ADCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "ADCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=ADCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();