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| 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 |