Align Technology (ALGN) Long-Term Investments (2010 - 2024)
Align Technology's (ALGN) quarterly Long-Term Investments came in at $3.6 million in Q1 2024, down 90.32% year-on-year from $37.4 million in Q2 2023, and down 54.89% on a QoQ basis from $8.0 million in Q4 2023.
Align Technology (ALGN) Long-Term Investments (2010 - 2024) Analysis & Trends
Align Technology (ALGN) has 14 years of Long-Term Investments data on file, last reported at $3.6 million in Q1 2024.
- On a quarterly basis, Long-Term Investments fell 90.32% year-over-year to $3.6 million in Q1 2024; TTM through Mar 2024 was $3.6 million, a 90.32% decrease from a year earlier, with the FY2023 full-year figure at $8.0 million, down 80.89% from the prior year.
- Long-Term Investments for Q1 2024 stood at $3.6 million, down from $8.0 million in the prior quarter.
- Over the last five years, Long-Term Investments for ALGN reached as high as $125.3 million in Q4 2021 and fell as low as $3.6 million in Q1 2024.
- Historically, Long-Term Investments has averaged $49.6 million across 4 years, with a median of $39.7 million in 2022.
- Across the five-year window, Long-Term Investments sank 63.91% in 2023 and plunged 90.32% in 2024, its largest moves.
- Year by year, Long-Term Investments stood at $125.3 million in 2021, then slumped by 66.5% to $42.0 million in 2022, then sank by 80.89% to $8.0 million in 2023, then plunged by 54.89% to $3.6 million in 2024.
- Per Business Quant data, the three most recent Long-Term Investments figures were $3.6 million in Q1 2024, $8.0 million in Q4 2023, and $18.1 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 800.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 3.41 Bn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | - |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | - |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 207.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | - |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | - |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | - |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 3.62 Mn |
| Dec 31, 2023 | 8.02 Mn |
| Sep 30, 2023 | 18.14 Mn |
| Jun 30, 2023 | 26.02 Mn |
| Mar 31, 2023 | 37.38 Mn |
| Dec 31, 2022 | 41.98 Mn |
| Sep 30, 2022 | 50.26 Mn |
| Jun 30, 2022 | 77.55 Mn |
| Mar 31, 2022 | 107.70 Mn |
| Dec 31, 2021 | 125.32 Mn |
| Jun 30, 2019 | 44.97 Mn |
| Mar 31, 2019 | 42.00 Mn |
| Dec 31, 2018 | 45.91 Mn |
| Sep 30, 2018 | 48.00 Mn |
| Jun 30, 2018 | 8.06 Mn |
| Mar 31, 2018 | 10.21 Mn |
| Dec 31, 2017 | 54.61 Mn |
| Sep 30, 2017 | 52.88 Mn |
| Jun 30, 2017 | 74.62 Mn |
| Mar 31, 2017 | 98.57 Mn |