22nd Century (XXII) Long-Term Investments (2014 - 2023)
22nd Century (XXII) recorded Long-Term Investments of $682,000 in Q3 2023, down 30.5% from $981,000 a year earlier and unchanged from the prior quarter.
Analysis
22nd Century (XXII) Long-Term Investments (2014 - 2023) Analysis & Trends
Starting with Q3 2014, 22nd Century's Long-Term Investments history includes 34 quarters.
- Annual Long-Term Investments has declined for three straight years, with a five-year compound annual growth rate of -13.0% (FY2017 to FY2022).
- Across earlier years, Long-Term Investments came in at $2.35 million in FY2021 (-64.1%), $6.54 million in FY2020 (-22.2%), $8.4 million in FY2019 (+171.7%) and $3.09 million in FY2018 (+126.3%).
- Quarterly Long-Term Investments has ranged from $682,000 in Q4 2022 to $9.2 million in Q2 2021 over the past five years.
- On a year-over-year basis, Long-Term Investments has declined for eight consecutive quarters, with an average decline of 65.3% over the last eight quarters.
- Peak year-over-year performance for Long-Term Investments in the last five years was growth of 317.1% in Q3 2020, against a decline of 86.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $682,000 (Q2 2023), $682,000 (Q1 2023) and $682,000 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 2.13 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | 352.86 Mn |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 8.90 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 646.58 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 152.50 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 30.35 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 4.53 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 15.15 Mn |
| 10 | 22nd Century | 190,409.32 | -27.41 Mn | -293,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 682,000.00 |
| Jun 30, 2023 | 682,000.00 |
| Mar 31, 2023 | 682,000.00 |
| Dec 31, 2022 | 682,000.00 |
| Sep 30, 2022 | 981,000.00 |
| Jun 30, 2022 | 1.33 Mn |
| Mar 31, 2022 | 2.21 Mn |
| Dec 31, 2021 | 2.35 Mn |
| Sep 30, 2021 | 7.30 Mn |
| Jun 30, 2021 | 9.20 Mn |
| Mar 31, 2021 | 6.64 Mn |
| Dec 31, 2020 | 6.54 Mn |
| Sep 30, 2020 | 7.02 Mn |
| Jun 30, 2020 | 7.37 Mn |
| Mar 31, 2020 | 8.10 Mn |
| Dec 31, 2019 | 8.40 Mn |
| Sep 30, 2019 | 1.68 Mn |
| Jun 30, 2019 | 4.64 Mn |
| Mar 31, 2019 | 6.07 Mn |
| Dec 31, 2018 | 3.09 Mn |
API Access
22nd Century Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=XXII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "XXII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();