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
DateValue
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