ADC Therapeutics (ADCT) Long-Term Investments (2020 - 2024)
ADC Therapeutics (ADCT) posted quarterly Long-Term Investments of $260000.0 for Q2 2024, down 99.08% year-on-year from $28.3 million in Q3 2023, and down 72.04% on a QoQ basis from $930000.0 in Q1 2024.
ADC Therapeutics (ADCT) Long-Term Investments (2020 - 2024) Analysis & Trends
ADC Therapeutics (ADCT) has reported Long-Term Investments for 5 consecutive years, with $260000.0 the latest figure, recorded in Q2 2024.
- Quarterly Long-Term Investments fell 99.08% year-over-year to $260000.0 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $260000.0 (down 99.08% YoY) and the FY2023 annual result came in at $1.6 million, down 78.37% from the prior year.
- Long-Term Investments eased to $260000.0 in Q2 2024 per ADCT's latest filing, from $930000.0 in the prior quarter.
- Over the last five years, Long-Term Investments for ADCT reached as high as $47.9 million in Q4 2020 and fell as low as $260000.0 in Q2 2024.
- A 5-year average of $27.2 million and a median of $29.5 million in 2023 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2022 — Long-Term Investments retreated 18.25% — and 2024, when it tumbled 99.08%.
- Year by year, Long-Term Investments stood at $47.9 million in 2020, then plunged by 63.06% to $17.7 million in 2021, then slumped by 56.98% to $7.6 million in 2022, then sank by 78.37% to $1.6 million in 2023, then plunged by 84.21% to $260000.0 in 2024.
- According to Business Quant data, Long-Term Investments over the past three periods registered $260000.0, $930000.0, and $1.6 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 505,194.89 |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | - |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 5.75 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 9.79 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | ADC Therapeutics | 189.60 Mn | -41.41 Mn | 17.38 Mn | - |
Historic Data
Download 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 | 17.70 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 |