Borealis Foods (BRLS) Short-term Investments (2021 - 2023)

Borealis Foods (BRLS) recorded quarterly Short-term Investments of $21.1 million in Q2 2023, up 1.73% quarter-over-quarter from $20.8 million in Q1 2023, and down 88.01% on a YoY basis from $176.2 million in Q2 2022.

Borealis Foods (BRLS) Short-term Investments (2021 - 2023) Analysis & Trends

Borealis Foods' Short-term Investments history runs 3 years deep, the most recent figure standing at $21.1 million for Q2 2023.

  • In Q2 2023, Short-term Investments fell 88.01% year-over-year to $21.1 million; the TTM figure through Jun 2023 stood at $21.1 million (down 88.01% YoY), while the FY2022 annual figure was $178.5 million, up 1.46% from the prior year.
  • Short-term Investments was $21.1 million for Q2 2023 at Borealis Foods, up from $20.8 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $178.5 million in Q4 2022 to a low of $20.8 million in Q1 2023.
  • Historically, Short-term Investments has averaged $132.2 million across 3 years, with a median of $176.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Short-term Investments gained 1.46% in 2022, then tumbled 88.2% in 2023.
  • A 3-year view of Short-term Investments shows it stood at $176.0 million in 2021, then rose by 1.46% to $178.5 million in 2022, then slumped by 88.16% to $21.1 million in 2023.
  • The last three Short-term Investments figures came in at $21.1 million (Q2 2023), $20.8 million (Q1 2023), and $178.5 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn
7 Magnum Ice Cream 12.17 Bn 11.70 Bn -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn
10 Borealis Foods 41.68 Mn 41.55 Mn 1.04 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 21.13 Mn
Mar 31, 2023 20.77 Mn
Dec 31, 2022 178.53 Mn
Sep 30, 2022 177.01 Mn
Jun 30, 2022 176.22 Mn
Mar 31, 2022 175.97 Mn
Dec 31, 2021 175.95 Mn