Neogen (NEOG) Short-term Investments (2011 - 2024)
Neogen (NEOG) posted Short-term Investments of $325000.0 for Q2 2024, down 95.36% on a QoQ basis from $7.0 million in Q1 2024, and down 99.61% year-over-year from $82.3 million in Q2 2023.
Analysis
Neogen (NEOG) Short-term Investments (2011 - 2024) Analysis & Trends
Neogen has reported Short-term Investments for 14 years, with the latest figure at $325000.0 in Q2 2024.
- On a quarterly basis, Short-term Investments fell 99.61% year-over-year to $325000.0 in Q2 2024; TTM through May 2024 was $325000.0, a 99.61% decrease from a year earlier, with the FY2024 full-year figure at $325000.0, down 99.61% from the prior year.
- Short-term Investments was $325000.0 for Q2 2024 at Neogen, down from $7.0 million in the prior quarter.
- The five-year high for Short-term Investments was $338.1 million in Q4 2021, with the low at $325000.0 in Q2 2024.
- Average Short-term Investments over 5 years is $209.5 million, with a median of $277.0 million recorded in 2020.
- The sharpest annual moves came in 2020 and 2024: Short-term Investments surged 81.02% in 2020, then plunged 99.61% in 2024.
- Over 5 years, Short-term Investments stood at $276.9 million in 2020, then advanced by 22.11% to $338.1 million in 2021, then slumped by 47.85% to $176.3 million in 2022, then plunged by 86.11% to $24.5 million in 2023, then tumbled by 98.67% to $325000.0 in 2024.
- The last three Short-term Investments figures came in at $325000.0 (Q2 2024), $7.0 million (Q1 2024), and $24.5 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2024 | 325,000.00 |
| Feb 29, 2024 | 7.01 Mn |
| Nov 30, 2023 | 24.50 Mn |
| Aug 31, 2023 | 60.42 Mn |
| May 31, 2023 | 82.33 Mn |
| Feb 28, 2023 | 116.08 Mn |
| Nov 30, 2022 | 176.34 Mn |
| Aug 31, 2022 | 240.61 Mn |
| May 31, 2022 | 336.58 Mn |
| Feb 28, 2022 | 335.56 Mn |
| Nov 30, 2021 | 338.13 Mn |
| Aug 31, 2021 | 329.60 Mn |
| May 31, 2021 | 305.49 Mn |
| Feb 28, 2021 | 279.87 Mn |
| Nov 30, 2020 | 276.90 Mn |
| Aug 31, 2020 | 306.54 Mn |
| May 31, 2020 | 277.40 Mn |
| Feb 29, 2020 | 277.15 Mn |
| Nov 30, 2019 | 247.19 Mn |
| Aug 31, 2019 | 234.73 Mn |