REE Automotive (REE) Short-term Investments (2020 - 2024)

REE Automotive (REE) posted quarterly Short-term Investments of $24.2 million for Q2 2024, down 64.09% YoY from $67.5 million in Q3 2023, and up 1.45% sequentially from $23.9 million in Q1 2024.

REE Automotive (REE) Short-term Investments (2020 - 2024) Analysis & Trends

REE Automotive has disclosed Short-term Investments across 4 years of filings, most recently posting $24.2 million for Q2 2024.

  • In Q2 2024, Short-term Investments fell 64.09% year-over-year to $24.2 million; the TTM figure through Jun 2024 stood at $24.2 million (down 64.09% YoY), while the FY2023 annual figure was $44.4 million, down 54.16% from the prior year.
  • Short-term Investments rose to $24.2 million in Q2 2024, from $23.9 million in the prior quarter.
  • Over the last five years, Short-term Investments for REE reached as high as $117.5 million in Q3 2022 and fell as low as $1.7 million in Q4 2020.
  • The 4-year median for Short-term Investments is $55.9 million (2023), against an average of $60.7 million.
  • Annual changes were most pronounced in 2023 — Short-term Investments slumped 38.56% — and 2024, when it tumbled 64.09%.
  • A 4-year view of Short-term Investments shows it stood at $1.7 million in 2020, then soared by 5710.26% to $96.9 million in 2022, then slumped by 54.16% to $44.4 million in 2023, then plunged by 45.43% to $24.2 million in 2024.
  • According to Business Quant data, Short-term Investments over the past three periods registered $24.2 million, $23.9 million, and $44.4 million for Q2 2024, Q1 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn
10 REE Automotive 6.75 Mn -7.50 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 24.23 Mn
Mar 31, 2024 23.88 Mn
Dec 31, 2023 44.40 Mn
Jun 30, 2023 67.46 Mn
Dec 31, 2022 96.86 Mn
Sep 30, 2022 117.50 Mn
Jun 30, 2022 109.80 Mn
Dec 31, 2020 1.67 Mn