Stem (STEM) Short-term Investments (2021 - 2023)
Stem (STEM) posted quarterly Short-term Investments of $8.2 million for Q4 2023, down 94.93% year-over-year from $162.1 million in Q4 2022, and down 70.96% quarter-over-quarter from $28.3 million in Q3 2023.
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 for Q4 2023 stood at $8.2 million, down from $28.3 million in the prior quarter.
- The five-year high for Short-term Investments was $193.4 million in Q3 2022, with the low at $8.2 million in Q4 2023.
- The 3-year median for Short-term Investments is $166.4 million (2021), against an average of $124.7 million.
- The sharpest annual moves came in 2022 and 2023: Short-term Investments grew 13.24% in 2022, then plunged 94.93% in 2023.
- Stem's Short-term Investments stood at $173.0 million in 2021, then fell by 6.32% to $162.1 million in 2022, then slumped by 94.93% to $8.2 million in 2023.
- Business Quant data shows STEM's Short-term Investments at $8.2 million in Q4 2023, $28.3 million in Q3 2023, and $62.8 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn |
| 10 | Stem | 46.59 Mn | 10.00 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 |