Maris Tech (MTEK) Short-term Investments (2020 - 2024)
Maris Tech (MTEK) posted Short-term Investments of $3.0 million for Q2 2024, down 4.0% sequentially from $3.1 million in Q4 2023, and down 40.51% YoY from $5.1 million in Q3 2023.
Maris Tech (MTEK) Short-term Investments (2020 - 2024) Analysis & Trends
Maris Tech has reported Short-term Investments for 4 years, with the latest figure at $3.0 million in Q2 2024.
- Quarterly Short-term Investments fell 40.51% year-over-year to $3.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $3.0 million (down 40.51% YoY) and the FY2023 annual result came in at $3.1 million, down 65.34% from the prior year.
- Short-term Investments retreated to $3.0 million in Q2 2024 per MTEK's latest filing, from $3.1 million in the prior quarter.
- Over five years, Short-term Investments peaked at $11.0 million in Q2 2022 and troughed at $14004.0 in Q4 2020.
- A 4-year average of $5.2 million and a median of $4.1 million in 2023 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2023 and 2024: Short-term Investments tumbled 65.34% in 2023, then plunged 40.51% in 2024.
- Over 4 years, Short-term Investments stood at $14004.0 in 2020, then soared by 64767.77% to $9.1 million in 2022, then plunged by 65.34% to $3.1 million in 2023, then declined by 4.0% to $3.0 million in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $3.0 million, $3.1 million, and $5.1 million for Q2 2024, Q4 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amphenol | 378.80 Bn | 372.69 Bn | 3.55 Bn |
| 2 | Corning | 129.69 Bn | 127.18 Bn | 1.63 Bn |
| 3 | TE Connectivity | 58.51 Bn | 57.27 Bn | 1.84 Bn |
| 4 | Flex | 40.48 Bn | 37.64 Bn | 747.00 Mn |
| 5 | Celestica | 34.31 Bn | 33.77 Bn | 577.50 Mn |
| 6 | Jabil | 33.47 Bn | 32.11 Bn | 828.00 Mn |
| 7 | Fabrinet | 15.74 Bn | 14.87 Bn | 158.05 Mn |
| 8 | Ttm Technologies | 11.88 Bn | 11.37 Bn | 211.86 Mn |
| 9 | Littelfuse | 10.49 Bn | 9.86 Bn | 306.06 Mn |
| 10 | Maris Tech | 9.08 Mn | 6.53 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 3.02 Mn |
| Dec 31, 2023 | 3.15 Mn |
| Jun 30, 2023 | 5.08 Mn |
| Dec 31, 2022 | 9.08 Mn |
| Jun 30, 2022 | 11.04 Mn |
| Dec 31, 2020 | 14,004.00 |