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% on a QoQ basis from $80.6 million in Q1 2024.
Editas Medicine (EDIT) has 5 years of Long-Term Investments data on file, last reported at $39.2 million in Q2 2024.
- Quarterly Long-Term Investments fell 18.45% year-over-year to $39.2 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $39.2 million (down 18.45% YoY) and the FY2023 annual result came in at $104.0 million, up 11.74% from the prior year.
- Long-Term Investments declined to $39.2 million in Q2 2024 per EDIT's latest filing, from $80.6 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $120.1 million in Q4 2021 and bottomed at $39.2 million in Q2 2024.
- The 5-year median for Long-Term Investments is $85.4 million (2021), against an average of $82.3 million.
- The widest annual swing landed in 2021, when Long-Term Investments surged 115.65%; it then sank 40.68% in 2022.
- Tracing EDIT's Long-Term Investments over 5 years: stood at $109.7 million in 2020, then increased by 9.49% to $120.1 million in 2021, then decreased by 22.47% to $93.1 million in 2022, then grew by 11.74% to $104.0 million in 2023, then sank by 62.32% to $39.2 million in 2024.
- Per Business Quant, the three latest EDIT Long-Term Investments figures stand at $39.2 million (Q2 2024), $80.6 million (Q1 2024), and $104.0 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,216,509.61 Bn | 1,216,509.61 Bn | - | - |
| 2 | Alterity Therapeutics | 764,224.41 Bn | 764,224.38 Bn | - | - |
| 3 | Legend Biotech | 2,716.00 Bn | 2,715.71 Bn | 242.10 Mn | - |
| 4 | Nanobiotix | 2,248.83 Bn | 2,248.77 Bn | - | 505,194.89 |
| 5 | Akari Therapeutics | 1,951.18 Bn | 1,951.17 Bn | - | - |
| 6 | Vertex Pharmaceuticals | 113.69 Bn | 106.44 Bn | 2.59 Bn | 5.75 Bn |
| 7 | Evaxion A | 64.16 Bn | 64.14 Bn | - | - |
| 8 | Regeneron Pharmaceuticals | 63.94 Bn | 55.18 Bn | 3.31 Bn | 9.79 Bn |
| 9 | Alnylam Pharmaceuticals | 40.13 Bn | 37.12 Bn | 959.66 Mn | 22.17 Mn |
| 10 | Editas Medicine | 338.62 Mn | 338.62 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 |