REE Automotive (REEAF) Short-term Investments (2020 - 2024)
REE Automotive's (REEAF) quarterly Short-term Investments came in at $24.2 million in 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.
Analysis
REE Automotive (REEAF) Short-term Investments (2020 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Short-term Investments for 5 consecutive years, with $24.2 million the latest figure, recorded in Q2 2024.
- On a quarterly basis, Short-term Investments fell 64.09% year-over-year to $24.2 million in Q2 2024; TTM through Jun 2024 was $24.2 million, a 64.09% decrease from a year earlier, with the FY2023 full-year figure at $44.4 million, down 54.16% from the prior year.
- Short-term Investments was $24.2 million for Q2 2024 at REE Automotive, up 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 $590000.0 in Q2 2021.
- A 5-year average of $49.4 million and a median of $34.3 million in 2023 frame the typical range for Short-term Investments.
- Across the five-year window, Short-term Investments soared 18510.51% in 2022 and slumped 64.09% in 2024, its largest moves.
- Over 5 years, Short-term Investments stood at $1.7 million in 2020, then tumbled by 64.61% to $590000.0 in 2021, then surged by 16316.44% to $96.9 million in 2022, then sank by 54.16% to $44.4 million in 2023, then tumbled by 45.43% to $24.2 million in 2024.
- The last three Short-term Investments figures came in at $24.2 million (Q2 2024), $23.9 million (Q1 2024), and $44.4 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,182.93 Bn | 1,140.01 Bn | 4.75 Bn |
| 2 | Toyota Motor | 263.16 Bn | 185.17 Bn | 12.27 Bn |
| 3 | Honda Motor | 147.46 Bn | 109.00 Bn | 8.46 Bn |
| 4 | Ford Motor | 81.47 Bn | 50.17 Bn | 6.08 Bn |
| 5 | General Motors | 75.12 Bn | 52.04 Bn | 7.33 Bn |
| 6 | Rivian Automotive | 21.83 Bn | 16.54 Bn | 179.00 Mn |
| 7 | Li Auto | 11.97 Bn | -518.15 Mn | 417.98 Mn |
| 8 | Xpeng | 10.02 Bn | 7.71 Bn | 601.83 Mn |
| 9 | Nio | 9.11 Bn | 2.78 Bn | 870.51 Mn |
| 10 | REE Automotive | 287,439.13 | -13.96 Mn | - |
Historic Data
Download Data
Historic 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 |
| Mar 31, 2022 | 7.47 Mn |
| Jun 30, 2021 | 590,000.00 |
| Dec 31, 2020 | 1.67 Mn |