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
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