Editas Medicine (EDIT) Long-Term Investments (2020 - 2024)
Editas Medicine (EDIT) reported Long-Term Investments of $39.2 million for Q2 2024, down 18.45% year-over-year from $48.1 million in Q3 2023, and down 51.37% quarter-over-quarter from $80.6 million in Q1 2024.
Editas Medicine (EDIT) Long-Term Investments (2020 - 2024) Analysis & Trends
Editas Medicine (EDIT) has 5 years of Long-Term Investments data on file, last reported at $39.2 million in Q2 2024.
- Long-Term Investments for Q2 2024 came in at $39.2 million, down 18.45% year-over-year; the trailing twelve-month figure through Jun 2024 was $39.2 million (down 18.45% YoY), and the FY2023 annual result was $104.0 million, up 11.74% from the prior year.
- Long-Term Investments eased to $39.2 million in Q2 2024 per EDIT's latest filing, from $80.6 million in the prior quarter.
- Over five years, Long-Term Investments peaked at $120.1 million in Q4 2021 and troughed at $39.2 million in Q2 2024.
- A 5-year average of $82.3 million and a median of $85.4 million in 2021 frame the typical range for Long-Term Investments.
- The sharpest annual moves came in 2021 and 2022: Long-Term Investments jumped 115.65% in 2021, then tumbled 40.68% in 2022.
- A 5-year view of Long-Term Investments shows it stood at $109.7 million in 2020, then gained by 9.49% to $120.1 million in 2021, then dropped by 22.47% to $93.1 million in 2022, then rose by 11.74% to $104.0 million in 2023, then tumbled by 62.32% to $39.2 million in 2024.
- Business Quant data shows EDIT's Long-Term Investments at $39.2 million in Q2 2024, $80.6 million in Q1 2024, and $104.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | - |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 5.17 Mn |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 5.75 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Editas Medicine | 262.77 Mn | 262.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 39.20 Mn |
| Mar 31, 2024 | 80.60 Mn |
| Dec 31, 2023 | 104.02 Mn |
| Sep 30, 2023 | 96.80 Mn |
| Jun 30, 2023 | 48.07 Mn |
| Mar 31, 2023 | 83.30 Mn |
| Dec 31, 2022 | 93.10 Mn |
| Sep 30, 2022 | 58.84 Mn |
| Jun 30, 2022 | 75.06 Mn |
| Mar 31, 2022 | 78.00 Mn |
| Dec 31, 2021 | 120.07 Mn |
| Sep 30, 2021 | 99.20 Mn |
| Jun 30, 2021 | 87.58 Mn |
| Mar 31, 2021 | 97.90 Mn |
| Dec 31, 2020 | 109.66 Mn |
| Sep 30, 2020 | 46.00 Mn |