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% on a QoQ basis from $33.1 million in Q1 2024.
Align Technology (ALGN) has 15 years of Short-term Investments data on file, last reported at $20.7 million in Q2 2024.
- Quarterly Short-term Investments fell 62.94% year-over-year to $20.7 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $20.7 million (down 62.94% YoY) and the FY2023 annual result came in at $35.3 million, down 38.64% from the prior year.
- Short-term Investments slipped 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.
- The 4-year median for Short-term Investments is $46.2 million (2022), against an average of $47.8 million.
- The widest annual swing landed in 2023, when Short-term Investments jumped 152.08%; it then tumbled 62.94% in 2024.
- Tracing ALGN's Short-term Investments over 4 years: stood at $72.0 million in 2021, then declined by 20.06% to $57.5 million in 2022, then plunged by 38.64% to $35.3 million in 2023, then plunged by 41.42% to $20.7 million in 2024.
- Per Business Quant, the three latest ALGN Short-term Investments figures stand at $20.7 million (Q2 2024), $33.1 million (Q1 2024), and $35.3 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 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 |
| Sep 30, 2017 | 316.45 Mn |
| Jun 30, 2017 | 243.79 Mn |
| Mar 31, 2017 | 284.56 Mn |
| Dec 31, 2016 | 250.98 Mn |
| Sep 30, 2016 | 193.02 Mn |
| Jun 30, 2016 | 404.11 Mn |
| Mar 31, 2016 | 393.66 Mn |
| Dec 31, 2015 | 359.58 Mn |
| Sep 30, 2015 | 310.72 Mn |
| Jun 30, 2015 | 276.79 Mn |
| Mar 31, 2015 | 254.82 Mn |
| Dec 31, 2014 | 254.79 Mn |
| Sep 30, 2014 | 244.82 Mn |
| Jun 30, 2014 | 198.06 Mn |
| Mar 31, 2014 | 183.68 Mn |
| Dec 31, 2013 | 127.04 Mn |
| Sep 30, 2013 | 147.74 Mn |
| Jun 30, 2013 | 113.93 Mn |
| Mar 31, 2013 | 37.98 Mn |
| Dec 31, 2012 | 28.49 Mn |
| Sep 30, 2012 | 23.14 Mn |
| Jun 30, 2012 | 20.75 Mn |
| Mar 31, 2012 | 16.02 Mn |
| Dec 31, 2011 | 7.40 Mn |
| Sep 30, 2011 | 8.19 Mn |
| Jun 30, 2011 | 6.76 Mn |
| Mar 31, 2011 | 8.33 Mn |
| Dec 31, 2010 | 8.62 Mn |
| Sep 30, 2010 | 7.40 Mn |
| Jun 30, 2010 | 9.00 Mn |
| Dec 31, 2009 | 19.98 Mn |