Stem (STEM) Short-term Investments (2021 - 2023)

Stem (STEM) recorded quarterly Short-term Investments of $8.2 million in Q4 2023, down 70.96% quarter-over-quarter from $28.3 million in Q3 2023, and down 94.93% on a YoY basis from $162.1 million in Q4 2022.

Stem (STEM) Short-term Investments (2021 - 2023) Analysis & Trends

Stem's Short-term Investments history runs 3 years deep, the most recent figure standing at $8.2 million for Q4 2023.

  • In Q4 2023, Short-term Investments fell 94.93% year-over-year to $8.2 million; the TTM figure through Dec 2023 stood at $8.2 million (down 94.93% YoY), while the FY2023 annual figure was $8.2 million, down 94.93% from the prior year.
  • Short-term Investments was $8.2 million for Q4 2023 at Stem, down from $28.3 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $193.4 million in Q3 2022 to a low of $8.2 million in Q4 2023.
  • Historically, Short-term Investments has averaged $124.7 million across 3 years, with a median of $166.4 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Short-term Investments increased 13.24% in 2022, then sank 94.93% in 2023.
  • A 3-year view of Short-term Investments shows it stood at $173.0 million in 2021, then retreated by 6.32% to $162.1 million in 2022, then tumbled by 94.93% to $8.2 million in 2023.
  • The last three Short-term Investments figures came in at $8.2 million (Q4 2023), $28.3 million (Q3 2023), and $62.8 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AXIA Energia 186.46 Bn 183.75 Bn 1.44 Bn
2 Enlight Renewable Energy 11.26 Bn 10.73 Bn 85.64 Mn
3 Ormat Technologies 8.50 Bn 8.35 Bn 78.83 Mn
4 Fluence Energy 3.04 Bn 2.71 Bn 46.63 Mn
5 Clearway Energy 1.39 Bn 4.74 Bn 220.00 Mn
6 XPLR Infrastructure 1.09 Bn 8.62 Bn 141.00 Mn
7 Energy Vault Holdings 940.11 Mn 894.68 Mn 4.79 Mn
8 Ellomay Capital 694.29 Mn 616.52 Mn 1,508.00
9 ReNew Energy Global 317.68 Mn 100.91 Mn 275.78 Mn
10 Stem 65.58 Mn 29.38 Mn 10.86 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 8.22 Mn
Sep 30, 2023 28.30 Mn
Jun 30, 2023 62.77 Mn
Mar 31, 2023 87.68 Mn
Dec 31, 2022 162.07 Mn
Sep 30, 2022 193.40 Mn
Jun 30, 2022 183.89 Mn
Mar 31, 2022 177.27 Mn
Dec 31, 2021 173.01 Mn
Sep 30, 2021 170.80 Mn