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

REE Automotive (REE) reported Short-term Investments of $24.2 million for Q2 2024, down 64.09% year-over-year from $67.5 million in Q3 2023, and up 1.45% quarter-over-quarter from $23.9 million in Q1 2024.

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

REE Automotive (REE) has 4 years of Short-term Investments data on file, last reported at $24.2 million in Q2 2024.

  • Short-term Investments for Q2 2024 came in at $24.2 million, down 64.09% year-over-year; the trailing twelve-month figure through Jun 2024 was $24.2 million (down 64.09% YoY), and the FY2023 annual result was $44.4 million, down 54.16% from the prior year.
  • Short-term Investments climbed to $24.2 million in Q2 2024 per REE's latest filing, from $23.9 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $117.5 million in Q3 2022 and troughed at $1.7 million in Q4 2020.
  • A 4-year average of $60.7 million and a median of $55.9 million in 2023 frame the typical range for Short-term Investments.
  • The sharpest annual moves came in 2023 and 2024: Short-term Investments plunged 38.56% in 2023, then sank 64.09% in 2024.
  • 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 plunged by 54.16% to $44.4 million in 2023, then slumped by 45.43% to $24.2 million in 2024.
  • Business Quant data shows REE's Short-term Investments at $24.2 million in Q2 2024, $23.9 million in Q1 2024, and $44.4 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn
10 REE Automotive 11.57 Mn -4.65 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