AtriCure (ATRC) Long-Term Investments (2011 - 2023)
AtriCure (ATRC) posted quarterly Long-Term Investments of $7.6 million for Q2 2023, down 88.18% year-over-year from $64.3 million in Q2 2022, and down 70.28% quarter-over-quarter from $25.6 million in Q1 2023.
AtriCure (ATRC) Long-Term Investments (2011 - 2023) Analysis & Trends
AtriCure (ATRC) has reported Long-Term Investments for 11 consecutive years, with $7.6 million the latest figure, recorded in Q2 2023.
- In Q2 2023, Long-Term Investments fell 88.18% year-over-year to $7.6 million; the TTM figure through Jun 2023 stood at $7.6 million (down 88.18% YoY), while the FY2022 annual figure was $51.5 million, down 50.63% from the prior year.
- Long-Term Investments declined to $7.6 million in Q2 2023 per ATRC's latest filing, from $25.6 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $105.1 million in Q3 2021 and bottomed at $7.6 million in Q2 2023.
- Historically, Long-Term Investments has averaged $40.7 million across 5 years, with a median of $23.0 million in 2019.
- Annual changes were most pronounced in 2022 — Long-Term Investments jumped 672.59% — and 2023, when it plunged 88.18%.
- AtriCure's Long-Term Investments stood at $12.7 million in 2019, then advanced by 11.86% to $14.2 million in 2020, then surged by 635.91% to $104.3 million in 2021, then plunged by 50.63% to $51.5 million in 2022, then sank by 85.25% to $7.6 million in 2023.
- Business Quant data shows ATRC's Long-Term Investments at $7.6 million in Q2 2023, $25.6 million in Q1 2023, and $51.5 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 3.41 Bn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | - |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | - |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | - |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 207.70 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | - |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | - |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | - |
| 10 | AtriCure | 2.39 Bn | 2.22 Bn | 118.63 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 7.60 Mn |
| Mar 31, 2023 | 25.56 Mn |
| Dec 31, 2022 | 51.51 Mn |
| Sep 30, 2022 | 51.41 Mn |
| Jun 30, 2022 | 64.30 Mn |
| Mar 31, 2022 | 70.51 Mn |
| Dec 31, 2021 | 104.34 Mn |
| Sep 30, 2021 | 105.10 Mn |
| Jun 30, 2021 | 69.77 Mn |
| Mar 31, 2021 | 9.13 Mn |
| Dec 31, 2020 | 14.18 Mn |
| Sep 30, 2020 | 16.52 Mn |
| Jun 30, 2020 | 15.34 Mn |
| Dec 31, 2019 | 12.68 Mn |
| Sep 30, 2019 | 20.35 Mn |
| Jun 30, 2019 | 12.86 Mn |
| Dec 31, 2016 | 3.00 Mn |
| Sep 30, 2016 | 6.02 Mn |
| Jun 30, 2016 | 5.53 Mn |
| Mar 31, 2016 | 6.15 Mn |