Verano Holdings (VRNO) Long-Term Investments (2021 - 2023)
Verano Holdings (VRNO) posted quarterly Long-Term Investments of $100000.0 for Q4 2023, down 98.57% year-over-year from $7.0 million in Q4 2022, and little changed quarter-over-quarter from $100000.0 in Q3 2023.
Verano Holdings (VRNO) Long-Term Investments (2021 - 2023) Analysis & Trends
Verano Holdings (VRNO) has reported Long-Term Investments for 3 consecutive years, with $100000.0 the latest figure, recorded in Q4 2023.
- In Q4 2023, Long-Term Investments fell 98.57% year-over-year to $100000.0; the TTM figure through Dec 2023 stood at $100000.0 (down 98.57% YoY), while the FY2023 annual figure was $100000.0, down 98.57% from the prior year.
- Long-Term Investments held at $100000.0 in Q4 2023 per VRNO's latest filing, from $100000.0 in the prior quarter.
- Across five years, Long-Term Investments topped out at $7.3 million in Q2 2022 and bottomed at -$1.7 million in Q4 2021.
- Historically, Long-Term Investments has averaged $4.2 million across 3 years, with a median of $6.8 million in 2023.
- Annual changes were most pronounced in 2022 — Long-Term Investments surged 516.54% — and 2023, when it sank 98.58%.
- Verano Holdings' Long-Term Investments stood at -$1.7 million in 2021, then soared by 516.54% to $7.0 million in 2022, then sank by 98.57% to $100000.0 in 2023.
- Business Quant data shows VRNO's Long-Term Investments at $100000.0 in Q4 2023, $100000.0 in Q3 2023, and $6.7 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 44.51 Bn | 43.55 Bn | - | 92.58 Mn |
| 2 | Teva Pharmaceutical Industries | 43.52 Bn | 39.86 Bn | 2.15 Bn | - |
| 3 | Zoetis | 32.43 Bn | 30.75 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.63 Bn | 22.83 Bn | 5.10 Bn | 63.23 Mn |
| 5 | United Therapeutics | 21.87 Bn | 19.21 Bn | 683.80 Mn | 1.14 Bn |
| 6 | Viatris | 18.98 Bn | 18.09 Bn | 1.46 Bn | - |
| 7 | Neurocrine Biosciences | 15.43 Bn | 15.04 Bn | 935.80 Mn | 149.10 Mn |
| 8 | Elanco Animal Health | 12.02 Bn | 11.49 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | 60.00 Mn |
| 10 | Verano Holdings | 449.04 Mn | 363.85 Mn | 99.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 100,000.00 |
| Sep 30, 2023 | 100,000.00 |
| Jun 30, 2023 | 6.72 Mn |
| Mar 31, 2023 | 6.82 Mn |
| Dec 31, 2022 | 6.98 Mn |
| Sep 30, 2022 | 7.04 Mn |
| Jun 30, 2022 | 7.25 Mn |
| Dec 31, 2021 | -1.68 Mn |