REE Automotive Ltd. (REEAF) Short-term Investments (2020 - 2024)
REE Automotive (REEAF) posted quarterly 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 Ltd. (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.
- 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 grew to $24.2 million in Q2 2024 per REEAF's latest filing, from $23.9 million in the prior quarter.
- Across five years, Short-term Investments topped out at $117.5 million in Q3 2022 and bottomed at $590000.0 in Q2 2021.
- Historically, Short-term Investments has averaged $49.4 million across 5 years, with a median of $34.3 million in 2023.
- Annual changes were most pronounced in 2022 — Short-term Investments jumped 18510.51% — and 2024, when it sank 64.09%.
- REE Automotive's Short-term Investments stood at $1.7 million in 2020, then tumbled by 64.61% to $590000.0 in 2021, then jumped 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.
- Business Quant data shows REEAF'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
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 |
| Mar 31, 2022 | 7.47 Mn |
| Jun 30, 2021 | 590,000.00 |
| Dec 31, 2020 | 1.67 Mn |