Ocean Power Technologies (OPTT) Short-term Investments (2011 - 2024)
Ocean Power Technologies (OPTT) posted Short-term Investments of $154000.0 for Q1 2024, down 99.0% sequentially from $15.4 million in Q4 2023, and down 99.49% YoY from $30.0 million in Q1 2023.
Ocean Power Technologies (OPTT) Short-term Investments (2011 - 2024) Analysis & Trends
Ocean Power Technologies has reported Short-term Investments for 14 years, with the latest figure at $154000.0 in Q1 2024.
- Quarterly Short-term Investments fell 99.49% year-over-year to $154000.0 in Q1 2024, while the trailing twelve-month figure through Jan 2024 was $154000.0 (down 99.49% YoY) and the FY2023 annual result came in at $65000.0, down 99.87% from the prior year.
- Short-term Investments declined to $154000.0 in Q1 2024 per OPTT's latest filing, from $15.4 million in the prior quarter.
- Over five years, Short-term Investments peaked at $49.4 million in Q2 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Short-term Investments surged 72523.53% in 2022, then tumbled 99.87% in 2023.
- Over 5 years, Short-term Investments stood at $154000.0 in 2020, then sank 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 sank by 99.0% to $154000.0 in 2024.
- According to Business Quant data, Short-term Investments over the past three periods registered $154000.0, $15.4 million, and $22.8 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Ocean Power Technologies | 36.77 Mn | 29.67 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 |