Ocean Power Technologies (OPTT) Short-term Investments (2011 - 2024)

Ocean Power Technologies (OPTT) reported Short-term Investments of $154000.0 for Q1 2024, down 99.49% on a YoY basis from $30.0 million in Q1 2023, and down 99.0% sequentially from $15.4 million in Q4 2023.

Ocean Power Technologies (OPTT) Short-term Investments (2011 - 2024) Analysis & Trends

Ocean Power Technologies (OPTT) has 14 years of Short-term Investments data on file, last reported at $154000.0 in Q1 2024.

  • For the quarter ending Q1 2024, Short-term Investments fell 99.49% year-over-year to $154000.0; the trailing twelve-month figure through Jan 2024 stood at $154000.0 (down 99.49% YoY), and the FY2023 full-year result was $65000.0, down 99.87% from the prior year.
  • Short-term Investments declined to $154000.0 in Q1 2024, from $15.4 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $49.4 million in Q2 2022 to a low of $37000.0 in Q4 2021.
  • A 5-year average of $7.5 million and a median of $258000.0 in 2022 frame the typical range for Short-term Investments.
  • Across the five-year window, Short-term Investments soared 72523.53% in 2022 and sank 99.87% in 2023, its largest moves.
  • Tracing OPTT's Short-term Investments over 5 years: stood at $154000.0 in 2020, then slumped by 75.97% to $37000.0 in 2021, then jumped by 597.3% to $258000.0 in 2022, then surged by 5879.46% to $15.4 million in 2023, then slumped by 99.0% to $154000.0 in 2024.
  • Business Quant data shows OPTT's Short-term Investments at $154000.0 in Q1 2024, $15.4 million in Q4 2023, and $22.8 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn
10 Ocean Power Technologies 29.32 Mn 22.22 Mn -755,000.00

Historic Data

Download Data
DateValue
Jan 31, 2024 154,000.00
Oct 31, 2023 15.43 Mn
Jul 31, 2023 22.79 Mn
Apr 30, 2023 65,000.00
Jan 31, 2023 30.01 Mn
Oct 31, 2022 258,000.00
Jul 31, 2022 258,000.00
Apr 30, 2022 49.38 Mn
Jan 31, 2022 384,000.00
Oct 31, 2021 37,000.00
Jul 31, 2021 384,000.00
Apr 30, 2021 68,000.00
Jan 31, 2021 126,000.00
Oct 31, 2020 154,000.00
Jul 31, 2020 707,000.00
Apr 30, 2020 60,000.00
Oct 31, 2019 111,000.00
Jul 31, 2019 104,000.00
Apr 30, 2019 344,000.00
Jan 31, 2019 353,000.00