Latch (LTCH) Long-Term Investments (2021 - 2023)
Latch (LTCH) posted Long-Term Investments of $2 million for Q3 2023, down 73.9% from $7.67 million a year earlier and down 59.5% from the prior quarter.
Latch (LTCH) Long-Term Investments (2021 - 2023) Analysis & Trends
At the end of FY2022, Latch's Long-Term Investments came in at $4.84 million, down 95.3% from FY2021.
- In prior years, Latch's Long-Term Investments was $102.88 million in FY2021.
- The Q3 2023 figure stands as the lowest quarterly Long-Term Investments in data going back to Q1 2021.
- On a year-over-year basis, Long-Term Investments has declined in each of the last five quarters, with an average decline of 86.0% over the last six quarters.
- According to Business Quant data, Long-Term Investments for the three prior quarters was $4.95 million (Q2 2023), $4.89 million (Q1 2023) and $4.84 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn | - |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn | 496.78 Mn |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn | - |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn | - |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn | 617.40 Mn |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn | - |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn | - |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn | 41.92 Mn |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 4.95 Mn |
| Mar 31, 2023 | 4.89 Mn |
| Dec 31, 2022 | 4.84 Mn |
| Sep 30, 2022 | 7.67 Mn |
| Jun 30, 2022 | 32.43 Mn |
| Mar 31, 2022 | 71.06 Mn |
| Dec 31, 2021 | 102.88 Mn |
| Sep 30, 2021 | 104.14 Mn |
| Mar 31, 2021 | 300.01 Mn |
Latch Long-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=long-term-investments&ticker=LTCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "LTCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();