AtriCure (ATRC) Long-Term Investments (2011 - 2023)
AtriCure's (ATRC) quarterly Long-Term Investments came in at $7.6 million in Q2 2023, down 88.18% year-on-year from $64.3 million in Q2 2022, and down 70.28% on a QoQ basis from $25.6 million in Q1 2023.
AtriCure (ATRC) Long-Term Investments (2011 - 2023) Analysis & Trends
AtriCure (ATRC) has 11 years of Long-Term Investments data on file, last reported at $7.6 million in Q2 2023.
- On a quarterly basis, Long-Term Investments fell 88.18% year-over-year to $7.6 million in Q2 2023; TTM through Jun 2023 was $7.6 million, a 88.18% decrease from a year earlier, with the FY2022 full-year figure at $51.5 million, down 50.63% from the prior year.
- Long-Term Investments for Q2 2023 stood at $7.6 million, down from $25.6 million in the prior quarter.
- Over the last five years, Long-Term Investments for ATRC reached as high as $105.1 million in Q3 2021 and fell as low as $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.
- Across the five-year window, Long-Term Investments surged 672.59% in 2022 and slumped 88.18% in 2023, its largest moves.
- Year by year, Long-Term Investments stood at $12.7 million in 2019, then grew by 11.86% to $14.2 million in 2020, then jumped 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.
- Per Business Quant data, the three most recent Long-Term Investments figures were $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 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 800.00 Mn |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 3.41 Bn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | - |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | - |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | - |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 207.70 Mn |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | - |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | - |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | - |
| 10 | AtriCure | 1.60 Bn | 1.45 Bn | 109.31 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 |