Myriad Genetics (MYGN) Short-term Investments (2010 - 2024)
Myriad Genetics' Short-term Investments came in at $4.9 million for Q2 2024, down 73.9% from $18.8 million a year earlier and down 33.8% from the prior quarter.
Powered by 
Analysis
Myriad Genetics (MYGN) Short-term Investments (2010 - 2024) Analysis & Trends
At the end of FY2023, Myriad Genetics' Short-term Investments was $8.8 million, down 84.8% from FY2022.
- Short-term Investments carries a five-year compound annual growth rate of -33.9% (FY2018 to FY2023).
- Going back by year, Short-term Investments was $58 million in FY2022 (-28.7%), $81.4 million in FY2021 (+141.5%), $33.7 million in FY2020 and $43.7 million in FY2019 (-37.3%).
- The Q2 2024 figure represents the lowest quarterly Short-term Investments in data going back to Q4 2020.
- Year-over-year, Short-term Investments has declined for seven consecutive quarters, with an average decline of 60.8% over the last eight quarters.
- The fastest year-over-year change in Short-term Investments over five years came in Q1 2022 (growth of 279.4%), and the weakest in Q3 2023 (a decline of 87.5%).
- Business Quant data shows MYGN's Short-term Investments at $7.4 million (Q1 2024), $8.8 million (Q4 2023) and $10.3 million (Q3 2023) in the three quarters before Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - |
| 10 | Myriad Genetics | 434.02 Mn | -100.58 Mn | 127.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 4.90 Mn |
| Mar 31, 2024 | 7.40 Mn |
| Dec 31, 2023 | 8.80 Mn |
| Sep 30, 2023 | 10.30 Mn |
| Jun 30, 2023 | 18.80 Mn |
| Mar 31, 2023 | 25.10 Mn |
| Dec 31, 2022 | 58.00 Mn |
| Sep 30, 2022 | 82.50 Mn |
| Jun 30, 2022 | 99.90 Mn |
| Mar 31, 2022 | 103.20 Mn |
| Dec 31, 2021 | 81.40 Mn |
| Sep 30, 2021 | 70.90 Mn |
| Jun 30, 2021 | 46.00 Mn |
| Mar 31, 2021 | 27.20 Mn |
| Dec 31, 2020 | 33.70 Mn |
| Sep 30, 2020 | 42.10 Mn |
| Jun 30, 2020 | 54.10 Mn |
| Mar 31, 2020 | 60.50 Mn |
| Dec 31, 2019 | 60.40 Mn |
| Sep 30, 2019 | 52.70 Mn |
API Access
Myriad Genetics 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=MYGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "MYGN", "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=MYGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();