Align Technology (ALGN) Long-Term Investments (2010 - 2024)
Align Technology (ALGN) posted quarterly Long-Term Investments of $3.6 million for Q1 2024, down 90.32% year-over-year from $37.4 million in Q2 2023, and down 54.89% quarter-over-quarter from $8.0 million in Q4 2023.
Align Technology (ALGN) Long-Term Investments (2010 - 2024) Analysis & Trends
Align Technology (ALGN) has reported Long-Term Investments for 14 consecutive years, with $3.6 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Long-Term Investments fell 90.32% year-over-year to $3.6 million; the TTM figure through Mar 2024 stood at $3.6 million (down 90.32% YoY), while the FY2023 annual figure was $8.0 million, down 80.89% from the prior year.
- Long-Term Investments declined to $3.6 million in Q1 2024 per ALGN's latest filing, from $8.0 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $125.3 million in Q4 2021 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Long-Term Investments tumbled 63.91% — and 2024, when it slumped 90.32%.
- Align Technology's 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.
- Business Quant data shows ALGN's Long-Term Investments at $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 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 3.41 Bn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | - |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | - |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 207.70 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | - |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | - |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 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 |