Align Technology (ALGN) Short-term Investments (2009 - 2024)

Align Technology (ALGN) reported Short-term Investments of $20.7 million for Q2 2024, down 62.94% year-over-year from $55.8 million in Q3 2023, and down 37.52% quarter-over-quarter from $33.1 million in Q1 2024.

Align Technology (ALGN) Short-term Investments (2009 - 2024) Analysis & Trends

Align Technology (ALGN) has 15 years of Short-term Investments data on file, last reported at $20.7 million in Q2 2024.

  • Short-term Investments for Q2 2024 came in at $20.7 million, down 62.94% year-over-year; the trailing twelve-month figure through Jun 2024 was $20.7 million (down 62.94% YoY), and the FY2023 annual result was $35.3 million, down 38.64% from the prior year.
  • Short-term Investments retreated to $20.7 million in Q2 2024 per ALGN's latest filing, from $33.1 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $86.7 million in Q1 2022 and troughed at $20.7 million in Q2 2024.
  • A 4-year average of $47.8 million and a median of $46.2 million in 2022 frame the typical range for Short-term Investments.
  • The sharpest annual moves came in 2023 and 2024: Short-term Investments soared 152.08% in 2023, then sank 62.94% in 2024.
  • A 4-year view of Short-term Investments shows it stood at $72.0 million in 2021, then retreated by 20.06% to $57.5 million in 2022, then slumped by 38.64% to $35.3 million in 2023, then slumped by 41.42% to $20.7 million in 2024.
  • Business Quant data shows ALGN's Short-term Investments at $20.7 million in Q2 2024, $33.1 million in Q1 2024, and $35.3 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 20.68 Mn
Mar 31, 2024 33.10 Mn
Dec 31, 2023 35.30 Mn
Sep 30, 2023 44.79 Mn
Jun 30, 2023 55.81 Mn
Mar 31, 2023 51.64 Mn
Dec 31, 2022 57.53 Mn
Sep 30, 2022 46.24 Mn
Jun 30, 2022 22.14 Mn
Mar 31, 2022 86.75 Mn
Dec 31, 2021 71.97 Mn
Dec 31, 2019 318.20 Mn
Sep 30, 2019 292.01 Mn
Jun 30, 2019 297.42 Mn
Mar 31, 2019 41.97 Mn
Dec 31, 2018 98.46 Mn
Sep 30, 2018 184.30 Mn
Jun 30, 2018 164.63 Mn
Mar 31, 2018 164.74 Mn
Dec 31, 2017 272.03 Mn