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| 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 | 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 |