Wec Energy (WEC) Short-term Investments (2020 - 2022)

Wec Energy (WEC) reported Short-term Investments of $191.0 million for Q3 2022, down 22.7% on a YoY basis from $247.1 million in Q3 2021, and up 0.63% quarter-over-quarter from $189.8 million in Q2 2022.

Wec Energy (WEC) Short-term Investments (2020 - 2022) Analysis & Trends

Wec Energy has reported Short-term Investments for 3 years, with the latest figure at $191.0 million in Q3 2022.

  • For the quarter ending Q3 2022, Short-term Investments fell 22.7% year-over-year to $191.0 million; the trailing twelve-month figure through Sep 2022 stood at $191.0 million (down 22.7% YoY), and the FY2021 full-year result was $107.0 million, up 529.41% from the prior year.
  • Short-term Investments for Q3 2022 stood at $191.0 million, up from $189.8 million in the prior quarter.
  • The five-year high for Short-term Investments was $247.1 million in Q3 2021, with the low at $17.0 million in Q4 2020.
  • Historically, Short-term Investments has averaged $159.4 million across 3 years, with a median of $190.4 million in 2022.
  • Annual changes were most pronounced in 2021 — Short-term Investments surged 529.41% — and 2022, when it dropped 22.7%.
  • Wec Energy's Short-term Investments stood at $17.0 million in 2020, then surged by 529.41% to $107.0 million in 2021, then jumped by 78.5% to $191.0 million in 2022.
  • The last three Short-term Investments figures came in at $191.0 million (Q3 2022), $189.8 million (Q2 2022), and $204.3 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn

Historic Data

Download Data
DateValue
Sep 30, 2022 191.00 Mn
Jun 30, 2022 189.80 Mn
Mar 31, 2022 204.30 Mn
Dec 31, 2021 107.00 Mn
Sep 30, 2021 247.10 Mn
Dec 31, 2020 17.00 Mn