Lite Strategy (LITS) Short-term Investments (2013 - 2024)
Lite Strategy's Short-term Investments was $20 million in fiscal Q1 2025 (quarter ended Sep 30, 2024), down 74.6% from $78.83 million a year earlier and down 42.3% from the prior quarter.
Lite Strategy (LITS) Short-term Investments (2013 - 2024) Analysis & Trends
At the end of FY2024 (ended Jun 30, 2024), Short-term Investments at Lite Strategy came in at $34.64 million, down 58.7% from FY2023.
- Short-term Investments has now declined for four consecutive fiscal years, with a five-year compound annual growth rate of -11.8% (FY2019 to FY2024).
- In earlier fiscal years, Short-term Investments was $83.8 million in FY2023 (-39.1%), $137.51 million in FY2022 (-5.1%), $144.9 million in FY2021 (-14.9%) and $170.3 million in FY2020 (+162.4%).
- The fiscal Q1 2025 figure marks the lowest quarterly Short-term Investments in data going back to fiscal Q2 2014.
- Compared with a year earlier, Short-term Investments has declined for ten straight quarters, with an average decline of 47.2% over the last eight quarters.
- The best year-over-year quarter for Short-term Investments over five years was fiscal Q1 2021 (growth of 175.6%); the worst was fiscal Q1 2025 (a decline of 74.6%).
- Per Business Quant data, LITS's Short-term Investments in the three fiscal quarters before Q1 2025 was $34.64 million (Q4 2024), $54.2 million (Q3 2024) and $54.31 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.83 Bn | 1,078.42 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 610.61 Bn | 529.14 Bn | 17.26 Bn |
| 3 | AbbVie | 500.66 Bn | 473.77 Bn | 12.70 Bn |
| 4 | Merck | 354.64 Bn | 309.02 Bn | 12.21 Bn |
| 5 | Novartis Ag | 291.14 Bn | 255.13 Bn | 11.24 Bn |
| 6 | Astrazeneca | 254.18 Bn | 227.87 Bn | 12.86 Bn |
| 7 | Amgen | 229.46 Bn | 184.86 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 190.33 Bn | 164.53 Bn | 6.22 Bn |
| 9 | Pfizer | 167.92 Bn | 114.57 Bn | 10.94 Bn |
| 10 | Lite Strategy | 40.09 Mn | 7.97 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | 34.64 Mn |
| Mar 31, 2024 | 54.20 Mn |
| Dec 31, 2023 | 54.31 Mn |
| Sep 30, 2023 | 78.83 Mn |
| Jun 30, 2023 | 83.80 Mn |
| Mar 31, 2023 | 103.22 Mn |
| Dec 31, 2022 | 113.30 Mn |
| Sep 30, 2022 | 123.71 Mn |
| Jun 30, 2022 | 137.51 Mn |
| Mar 31, 2022 | 157.93 Mn |
| Dec 31, 2021 | 173.20 Mn |
| Sep 30, 2021 | 129.88 Mn |
| Jun 30, 2021 | 144.90 Mn |
| Mar 31, 2021 | 154.88 Mn |
| Dec 31, 2020 | 170.27 Mn |
| Sep 30, 2020 | 165.18 Mn |
| Jun 30, 2020 | 170.30 Mn |
| Mar 31, 2020 | 85.36 Mn |
| Dec 31, 2019 | 95.24 Mn |
Lite Strategy Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=LITS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "LITS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=LITS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();