AVITA Medical (RCEL) Long-Term Investments (2021 - 2023)
AVITA Medical (RCEL) posted Long-Term Investments of $2.8 million for Q2 2023, down 34.26% on a QoQ basis from $4.2 million in Q1 2023, and down 59.16% year-over-year from $6.7 million in Q2 2022.
AVITA Medical (RCEL) Long-Term Investments (2021 - 2023) Analysis & Trends
AVITA Medical's Long-Term Investments history runs 3 years deep, the most recent figure standing at $2.8 million for Q2 2023.
- Quarterly Long-Term Investments fell 59.16% year-over-year to $2.8 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $2.8 million (down 59.16% YoY) and the FY2022 annual result came in at $6.9 million, down 64.81% from the prior year.
- Long-Term Investments was $2.8 million for Q2 2023 at AVITA Medical, down from $4.2 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $19.8 million in Q3 2021 and bottomed at $2.8 million in Q2 2023.
- A 3-year average of $9.5 million and a median of $6.8 million in 2022 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2022 — Long-Term Investments tumbled 79.74% — and 2023, when it slumped 59.16%.
- AVITA Medical's Long-Term Investments stood at $19.7 million in 2021, then sank by 64.81% to $6.9 million in 2022, then tumbled by 60.26% to $2.8 million in 2023.
- Business Quant data shows RCEL's Long-Term Investments at $2.8 million in Q2 2023, $4.2 million in Q1 2023, and $6.9 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.09 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | - |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | - |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 285.60 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 166.25 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | - |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 121.00 Mn |
| 10 | AVITA Medical | 140.94 Mn | 124.59 Mn | 14.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.75 Mn |
| Mar 31, 2023 | 4.19 Mn |
| Dec 31, 2022 | 6.93 Mn |
| Sep 30, 2022 | 4.01 Mn |
| Jun 30, 2022 | 6.74 Mn |
| Mar 31, 2022 | 11.68 Mn |
| Dec 31, 2021 | 19.69 Mn |
| Sep 30, 2021 | 19.80 Mn |