Align Technology (ALGN) Short-term Investments (2009 - 2024)
Align Technology (ALGN) posted quarterly 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 reported Short-term Investments for 15 consecutive years, with $20.7 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Short-term Investments fell 62.94% year-over-year to $20.7 million; the TTM figure through Jun 2024 stood at $20.7 million (down 62.94% YoY), while the FY2023 annual figure was $35.3 million, down 38.64% from the prior year.
- Short-term Investments declined to $20.7 million in Q2 2024 per ALGN's latest filing, from $33.1 million in the prior quarter.
- Across five years, Short-term Investments topped out at $86.7 million in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Short-term Investments soared 152.08% — and 2024, when it sank 62.94%.
- Align Technology's Short-term Investments stood at $72.0 million in 2021, then decreased 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.
- 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 | 134.13 Bn | 128.91 Bn | 1.96 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 |
| 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 |
|---|---|
| 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 |