Artelo Biosciences (ARTL) Long-Term Investments (2021 - 2024)
Artelo Biosciences (ARTL) posted quarterly Long-Term Investments of $500000.0 for Q3 2024, down 95.11% year-over-year from $10.2 million in Q4 2023, and down 93.43% quarter-over-quarter from $7.6 million in Q4 2023.
Artelo Biosciences (ARTL) Long-Term Investments (2021 - 2024) Analysis & Trends
Artelo Biosciences (ARTL) has reported Long-Term Investments for 4 consecutive years, with $500000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Long-Term Investments fell 95.11% year-over-year to $500000.0; the TTM figure through Sep 2024 stood at $500000.0 (down 95.11% YoY), while the FY2023 annual figure was $7.6 million, down 16.82% from the prior year.
- Long-Term Investments fell to $500000.0 in Q3 2024 per ARTL's latest filing, from $7.6 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $10.2 million in Q3 2023 and bottomed at $500000.0 in Q3 2024.
- Historically, Long-Term Investments has averaged $5.8 million across 4 years, with a median of $7.6 million in 2023.
- Annual changes were most pronounced in 2023 — Long-Term Investments declined 16.82% — and 2024, when it tumbled 95.11%.
- Artelo Biosciences' Long-Term Investments stood at $1.5 million in 2021, then soared by 500.39% to $9.2 million in 2022, then declined by 16.82% to $7.6 million in 2023, then sank by 93.43% to $500000.0 in 2024.
- Business Quant data shows ARTL's Long-Term Investments at $500000.0 in Q3 2024, $7.6 million in Q4 2023, and $10.2 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 5.79 Bn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 9.83 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 1.77 Bn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | - |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 22.17 Mn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | - |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | - |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 372.10 Mn |
| 10 | Artelo Biosciences | 107,735.40 | -492,264.60 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 500,000.00 |
| Dec 31, 2023 | 7.61 Mn |
| Sep 30, 2023 | 10.23 Mn |
| Jun 30, 2023 | 8.27 Mn |
| Dec 31, 2022 | 9.15 Mn |
| Nov 30, 2021 | 1.52 Mn |
| Aug 31, 2021 | 3.44 Mn |