Reed'S, Inc. (REED) Convertible Debt (2017 - 2024)
Reed'S's (REED) quarterly Convertible Debt came in at $22.2 million in Q3 2024, up 128.47% YoY from $9.7 million in Q4 2023, and up 104.64% on a QoQ basis from $10.9 million in Q1 2024.
Reed'S, Inc. (REED) Convertible Debt (2017 - 2024) Analysis & Trends
Reed'S (REED) has 7 years of Convertible Debt data on file, last reported at $22.2 million in Q3 2024.
- Quarterly Convertible Debt rose 128.47% year-over-year to $22.2 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $22.2 million (up 128.47% YoY) and the FY2023 annual result came in at $10.9 million, up 34.38% from the prior year.
- Convertible Debt climbed to $22.2 million in Q3 2024, from $10.9 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $22.2 million in Q3 2024 to a low of $4.8 million in Q1 2020.
- A 4-year average of $10.1 million and a median of $8.7 million in 2023 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2023 — Convertible Debt grew 5.97% — and 2024, when it jumped 128.47%.
- Tracing REED's Convertible Debt over 4 years: stood at $4.8 million in 2020, then jumped by 67.5% to $8.1 million in 2022, then soared by 34.38% to $10.9 million in 2023, then soared by 104.25% to $22.2 million in 2024.
- The last three Convertible Debt figures came in at $22.2 million (Q3 2024), $10.9 million (Q1 2024), and $10.9 million (Q4 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 22.21 Mn |
| Mar 31, 2024 | 10.85 Mn |
| Dec 31, 2023 | 10.87 Mn |
| Sep 30, 2023 | 9.72 Mn |
| Jun 30, 2023 | 8.95 Mn |
| Mar 31, 2023 | 8.53 Mn |
| Dec 31, 2022 | 8.09 Mn |
| Sep 30, 2022 | 8.17 Mn |
| Jun 30, 2022 | 8.44 Mn |
| Mar 31, 2020 | 4.83 Mn |
| Dec 31, 2019 | 4.69 Mn |
| Sep 30, 2019 | 4.55 Mn |
| Jun 30, 2019 | 4.42 Mn |
| Mar 31, 2019 | 4.29 Mn |
| Dec 31, 2018 | 4.16 Mn |
| Sep 30, 2018 | 4.04 Mn |
| Jun 30, 2018 | 3.92 Mn |
| Mar 31, 2018 | 3.80 Mn |
| Dec 31, 2017 | 3.69 Mn |
| Sep 30, 2017 | 748,000.00 |