Editas Medicine (EDIT) Long-Term Investments (2020 - 2024)
Editas Medicine's (EDIT) quarterly Long-Term Investments came in at $39.2 million in Q2 2024, down 18.51% year-on-year from $48.1 million in Q3 2023, and down 51.37% on a QoQ basis 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.
- On a quarterly basis, Long-Term Investments fell 18.51% year-over-year to $39.2 million in Q2 2024; TTM through Jun 2024 was $39.2 million, a 18.51% decrease from a year earlier, with the FY2023 full-year figure at $104.0 million, up 11.74% from the prior year.
- Long-Term Investments for Q2 2024 stood at $39.2 million, down from $80.6 million in the prior quarter.
- Over the last five years, Long-Term Investments for EDIT reached as high as $120.1 million in Q4 2021 and fell as low as $39.2 million in Q2 2024.
- Historically, Long-Term Investments has averaged $82.3 million across 5 years, with a median of $85.5 million in 2021.
- Across the five-year window, Long-Term Investments surged 115.65% in 2021 and tumbled 40.73% in 2022, its largest moves.
- Year by year, Long-Term Investments stood at $109.7 million in 2020, then grew by 9.49% to $120.1 million in 2021, then retreated by 22.47% to $93.1 million in 2022, then climbed by 11.74% to $104.0 million in 2023, then plunged by 62.32% to $39.2 million in 2024.
- Per Business Quant data, the three most recent Long-Term Investments figures were $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 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | 505,194.89 |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | - |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 5.75 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 9.79 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Editas Medicine | 245.95 Mn | 99.30 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 | 48.10 Mn |
| Mar 31, 2023 | 83.34 Mn |
| Dec 31, 2022 | 93.10 Mn |
| Sep 30, 2022 | 58.80 Mn |
| Jun 30, 2022 | 75.10 Mn |
| Mar 31, 2022 | 78.00 Mn |
| Dec 31, 2021 | 120.07 Mn |
| Sep 30, 2021 | 99.20 Mn |
| Jun 30, 2021 | 87.60 Mn |
| Mar 31, 2021 | 97.90 Mn |
| Dec 31, 2020 | 109.66 Mn |
| Sep 30, 2020 | 46.00 Mn |