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