Bio-Techne (TECH) Short-term Investments (2010 - 2024)
Bio-Techne's (TECH) quarterly Short-term Investments came in at $1.1 million in Q2 2024, down 95.48% year-on-year from $23.7 million in Q3 2023, and down 80.14% quarter-over-quarter from $5.4 million in Q1 2024.
Bio-Techne (TECH) Short-term Investments (2010 - 2024) Analysis & Trends
Bio-Techne's Short-term Investments history runs 15 years deep, the most recent figure standing at $1.1 million for Q2 2024.
- On a quarterly basis, Short-term Investments fell 95.48% year-over-year to $1.1 million in Q2 2024; TTM through Jun 2024 was $1.1 million, a 95.48% decrease from a year earlier, with the FY2024 full-year figure at $1.1 million, down 95.48% from the prior year.
- Short-term Investments retreated to $1.1 million in Q2 2024 per TECH's latest filing, from $5.4 million in the prior quarter.
- Across five years, Short-term Investments topped out at $124.3 million in Q2 2020 and bottomed at $1.1 million in Q2 2024.
- The 5-year median for Short-term Investments is $38.7 million (2021), against an average of $57.3 million.
- Across the five-year window, Short-term Investments soared 129.37% in 2022 and sank 95.48% in 2024, its largest moves.
- Year by year, Short-term Investments stood at $117.4 million in 2020, then plunged by 42.83% to $67.1 million in 2021, then tumbled by 52.22% to $32.1 million in 2022, then tumbled by 82.79% to $5.5 million in 2023, then slumped by 80.58% to $1.1 million in 2024.
- Per Business Quant, the three latest TECH Short-term Investments figures stand at $1.1 million (Q2 2024), $5.4 million (Q1 2024), and $5.5 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - |
| 10 | Bio-Techne | 11.23 Bn | 11.02 Bn | 208.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.07 Mn |
| Mar 31, 2024 | 5.40 Mn |
| Dec 31, 2023 | 5.52 Mn |
| Jun 30, 2023 | 23.74 Mn |
| Mar 31, 2023 | 29.92 Mn |
| Dec 31, 2022 | 32.07 Mn |
| Sep 30, 2022 | 37.82 Mn |
| Jun 30, 2022 | 74.46 Mn |
| Mar 31, 2022 | 70.35 Mn |
| Dec 31, 2021 | 67.14 Mn |
| Sep 30, 2021 | 38.74 Mn |
| Jun 30, 2021 | 32.46 Mn |
| Mar 31, 2021 | 90.11 Mn |
| Dec 31, 2020 | 117.43 Mn |
| Sep 30, 2020 | 117.99 Mn |
| Jun 30, 2020 | 124.27 Mn |
| Mar 31, 2020 | 104.87 Mn |
| Dec 31, 2019 | 133.66 Mn |
| Sep 30, 2019 | 58.52 Mn |
| Jun 30, 2019 | 65.15 Mn |