Alvotech (ALVO) Long-Term Investments (2020 - 2024)

Alvotech (ALVO) posted Long-Term Investments of $18.5 million for Q1 2024, little changed on a QoQ basis from $18.5 million in Q4 2023, and down 61.14% year-over-year from $47.6 million in Q2 2023.

Alvotech (ALVO) Long-Term Investments (2020 - 2024) Analysis & Trends

Alvotech's Long-Term Investments history runs 5 years deep, the most recent figure standing at $18.5 million for Q1 2024.

  • Quarterly Long-Term Investments fell 61.14% year-over-year to $18.5 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $18.5 million (down 61.14% YoY) and the FY2023 annual result came in at $18.5 million, down 61.92% from the prior year.
  • Long-Term Investments was $18.5 million for Q1 2024 at Alvotech, roughly flat from $18.5 million in the prior quarter.
  • Across five years, Long-Term Investments topped out at $56.7 million in Q4 2020 and bottomed at $18.5 million in Q4 2023.
  • A 5-year average of $42.5 million and a median of $48.1 million in 2022 frame the typical range for Long-Term Investments.
  • Annual changes were most pronounced in 2021 — Long-Term Investments slipped 2.42% — and 2023, when it slumped 61.92%.
  • Alvotech's Long-Term Investments stood at $56.7 million in 2020, then fell by 2.42% to $55.3 million in 2021, then retreated by 12.18% to $48.6 million in 2022, then sank by 61.92% to $18.5 million in 2023, then changed by 0.0% to $18.5 million in 2024.
  • Business Quant data shows ALVO's Long-Term Investments at $18.5 million in Q1 2024, $18.5 million in Q4 2023, and $43.6 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn -
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 56.09 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 1.32 Bn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 702.35 Mn
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn -
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 146.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn -
10 Alvotech 935.87 Mn 935.87 Mn 5.09 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 18.49 Mn
Dec 31, 2023 18.49 Mn
Jun 30, 2023 43.61 Mn
Mar 31, 2023 47.59 Mn
Dec 31, 2022 48.57 Mn
Jun 30, 2022 51.33 Mn
Dec 31, 2021 55.31 Mn
Dec 31, 2020 56.68 Mn