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| Date | Value |
|---|---|
| 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 |