AtriCure (ATRC) Short-term Investments (2010 - 2024)
AtriCure (ATRC) posted Short-term Investments of $7.99 million for Q2 2024, down 86.6% from $59.79 million a year earlier and down 80.5% from the prior quarter.
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Analysis
AtriCure (ATRC) Short-term Investments (2010 - 2024) Analysis & Trends
At the end of FY2023, AtriCure's Short-term Investments came in at $52.98 million, down 15.9% from FY2022.
- Annual Short-term Investments has declined for three consecutive years, with a five-year compound annual growth rate of -10.5% (FY2018 to FY2023).
- In prior years, AtriCure's Short-term Investments was $63.01 million in FY2022 (-16.5%), $75.44 million in FY2021 (-62.7%), $202.27 million in FY2020 (+279.4%) and $53.32 million in FY2019 (-42.2%).
- The Q2 2024 figure stands as the lowest quarterly Short-term Investments since Q1 2016.
- On a year-over-year basis, Short-term Investments has declined in each of the last 13 quarters, with an average decline of 27.7% over the last eight quarters.
- The strongest year-over-year quarter for Short-term Investments in the past five years was Q3 2020, with growth of 328.9%; the weakest was Q2 2024, with a decline of 86.6%.
- According to Business Quant data, Short-term Investments for the three prior quarters was $40.99 million (Q1 2024), $52.98 million (Q4 2023) and $52.42 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 248.53 Bn | 227.56 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 178.33 Bn | 148.76 Bn | 7.27 Bn |
| 3 | Danaher | 160.52 Bn | 144.33 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 158.18 Bn | 138.47 Bn | 2.08 Bn |
| 5 | Medtronic | 122.82 Bn | 88.07 Bn | 6.34 Bn |
| 6 | Stryker | 118.04 Bn | 104.15 Bn | 4.50 Bn |
| 7 | Boston Scientific | 67.11 Bn | 61.88 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 54.51 Bn | 51.65 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 51.78 Bn | 35.79 Bn | 1.35 Bn |
| 10 | AtriCure | 2.88 Bn | 2.25 Bn | 118.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 7.99 Mn |
| Mar 31, 2024 | 40.99 Mn |
| Dec 31, 2023 | 52.98 Mn |
| Sep 30, 2023 | 52.42 Mn |
| Jun 30, 2023 | 59.79 Mn |
| Mar 31, 2023 | 58.52 Mn |
| Dec 31, 2022 | 63.01 Mn |
| Sep 30, 2022 | 73.82 Mn |
| Jun 30, 2022 | 63.90 Mn |
| Mar 31, 2022 | 83.26 Mn |
| Dec 31, 2021 | 75.44 Mn |
| Sep 30, 2021 | 79.86 Mn |
| Jun 30, 2021 | 92.25 Mn |
| Mar 31, 2021 | 141.83 Mn |
| Dec 31, 2020 | 202.27 Mn |
| Sep 30, 2020 | 199.69 Mn |
| Jun 30, 2020 | 143.98 Mn |
| Mar 31, 2020 | 46.77 Mn |
| Dec 31, 2019 | 53.32 Mn |
| Sep 30, 2019 | 46.56 Mn |
API Access
AtriCure Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=ATRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "ATRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=ATRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();