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