Certara (CERT) Short-term Investments (2020 - 2023)
Certara's (CERT) quarterly Short-term Investments came in at $3.0 million in Q2 2023, down 13.59% on a YoY basis from $3.5 million in Q2 2022, and down 29.12% quarter-over-quarter from $4.3 million in Q1 2023.
Analysis
Certara (CERT) Short-term Investments (2020 - 2023) Analysis & Trends
Certara (CERT) has reported Short-term Investments for 4 consecutive years, with $3.0 million the latest figure, recorded in Q2 2023.
- For the quarter ending Q2 2023, Short-term Investments fell 13.59% year-over-year to $3.0 million; the trailing twelve-month figure through Jun 2023 stood at $3.0 million (down 13.59% YoY), and the FY2022 full-year result was $3.1 million, up 275.09% from the prior year.
- Short-term Investments eased to $3.0 million in Q2 2023 per CERT's latest filing, from $4.3 million in the prior quarter.
- Across five years, Short-term Investments topped out at $4.3 million in Q1 2023 and bottomed at $506000.0 in Q1 2020.
- Historically, Short-term Investments has averaged $2.2 million across 4 years, with a median of $1.9 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Short-term Investments tumbled 56.68% in 2021, then jumped 471.95% in 2023.
- Over 4 years, Short-term Investments stood at $1.9 million in 2020, then sank by 56.68% to $827000.0 in 2021, then jumped by 275.09% to $3.1 million in 2022, then decreased by 2.64% to $3.0 million in 2023.
- According to Business Quant data, Short-term Investments over the past three periods registered $3.0 million, $4.3 million, and $3.1 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 3.02 Mn |
| Mar 31, 2023 | 4.26 Mn |
| Dec 31, 2022 | 3.10 Mn |
| Sep 30, 2022 | 3.43 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 745,000.00 |
| Dec 31, 2021 | 827,000.00 |
| Sep 30, 2021 | 1.11 Mn |
| Jun 30, 2021 | 1.84 Mn |
| Mar 31, 2021 | 733,000.00 |
| Dec 31, 2020 | 1.91 Mn |
| Sep 30, 2020 | 1.81 Mn |
| Jun 30, 2020 | 3.68 Mn |
| Mar 31, 2020 | 506,000.00 |