22nd Century (XXII) Short-term Investments (2017 - 2023)
22nd Century (XXII) posted Short-term Investments of $5.3 million for Q1 2023, down 71.01% sequentially from $18.2 million in Q4 2022, and down 85.76% YoY from $37.0 million in Q1 2022.
22nd Century (XXII) Short-term Investments (2017 - 2023) Analysis & Trends
22nd Century has reported Short-term Investments for 7 years, with the latest figure at $5.3 million in Q1 2023.
- Quarterly Short-term Investments fell 85.76% year-over-year to $5.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $5.3 million (down 85.76% YoY) and the FY2022 annual result came in at $18.2 million, down 61.62% from the prior year.
- Short-term Investments fell to $5.3 million in Q1 2023 per XXII's latest filing, from $18.2 million in the prior quarter.
- Over five years, Short-term Investments peaked at $60.3 million in Q2 2021 and troughed at $5.3 million in Q1 2023.
- A 5-year average of $35.5 million and a median of $37.0 million in 2022 frame the typical range for Short-term Investments.
- The sharpest annual moves came in 2021 and 2023: Short-term Investments jumped 122.4% in 2021, then tumbled 85.76% in 2023.
- Over 5 years, Short-term Investments stood at $38.5 million in 2019, then tumbled by 44.61% to $21.3 million in 2020, then jumped by 122.4% to $47.4 million in 2021, then plunged by 61.62% to $18.2 million in 2022, then plunged by 71.01% to $5.3 million in 2023.
- According to Business Quant data, Short-term Investments over the past three periods registered $5.3 million, $18.2 million, and $41.4 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 293.93 Bn | 287.93 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 121.73 Bn | 118.03 Bn | - |
| 3 | Altria | 110.12 Bn | 107.75 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.20 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.67 Bn | 1.40 Bn | 93.70 Mn |
| 6 | Universal | 1.13 Bn | 851.44 Mn | 83.09 Mn |
| 7 | Ispire Technology | 85.94 Mn | 66.71 Mn | 1.99 Mn |
| 8 | Rythm | 49.34 Mn | 7.43 Mn | 18.54 Mn |
| 9 | Greenlane Holdings | 11.38 Mn | -13.12 Mn | 32,000.00 |
| 10 | 22nd Century | 785,909.20 | -5.27 Mn | -293,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 5.28 Mn |
| Dec 31, 2022 | 18.19 Mn |
| Sep 30, 2022 | 41.36 Mn |
| Jun 30, 2022 | 23.57 Mn |
| Mar 31, 2022 | 37.04 Mn |
| Dec 31, 2021 | 47.40 Mn |
| Sep 30, 2021 | 53.53 Mn |
| Jun 30, 2021 | 60.28 Mn |
| Mar 31, 2021 | 29.67 Mn |
| Dec 31, 2020 | 21.31 Mn |
| Sep 30, 2020 | 25.28 Mn |
| Jun 30, 2020 | 28.10 Mn |
| Mar 31, 2020 | 33.27 Mn |
| Dec 31, 2019 | 38.48 Mn |
| Sep 30, 2019 | 43.10 Mn |
| Jun 30, 2019 | 46.10 Mn |
| Mar 31, 2019 | 51.26 Mn |
| Dec 31, 2018 | 55.75 Mn |
| Sep 30, 2018 | 61.36 Mn |
| Jun 30, 2018 | 50.08 Mn |