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

Align Technology's (ALGN) quarterly Short-term Investments came in at $20.7 million in Q2 2024, down 62.94% year-on-year from $55.8 million in Q3 2023, and down 37.52% on a QoQ basis 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.

  • On a quarterly basis, Short-term Investments fell 62.94% year-over-year to $20.7 million in Q2 2024; TTM through Jun 2024 was $20.7 million, a 62.94% decrease from a year earlier, with the FY2023 full-year figure at $35.3 million, down 38.64% from the prior year.
  • Short-term Investments for Q2 2024 stood at $20.7 million, down from $33.1 million in the prior quarter.
  • Over the last five years, Short-term Investments for ALGN reached as high as $86.7 million in Q1 2022 and fell as low as $20.7 million in Q2 2024.
  • Historically, Short-term Investments has averaged $47.8 million across 4 years, with a median of $46.2 million in 2022.
  • Across the five-year window, Short-term Investments jumped 152.08% in 2023 and tumbled 62.94% in 2024, its largest moves.
  • Year by year, Short-term Investments stood at $72.0 million in 2021, then dropped by 20.06% to $57.5 million in 2022, then tumbled by 38.64% to $35.3 million in 2023, then tumbled by 41.42% to $20.7 million in 2024.
  • Per Business Quant data, the three most recent Short-term Investments figures were $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 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 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
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
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 144.54 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