22nd Century (XXII) Short-term Investments (2017 - 2023)
22nd Century's (XXII) quarterly Short-term Investments came in at $5.3 million in Q1 2023, down 85.76% year-on-year from $37.0 million in Q1 2022, and down 71.01% quarter-over-quarter from $18.2 million in Q4 2022.
22nd Century (XXII) Short-term Investments (2017 - 2023) Analysis & Trends
22nd Century has disclosed Short-term Investments across 7 years of filings, most recently posting $5.3 million for Q1 2023.
- Short-term Investments for Q1 2023 came in at $5.3 million, down 85.76% year-over-year; the trailing twelve-month figure through Mar 2023 was $5.3 million (down 85.76% YoY), and the FY2022 annual result was $18.2 million, down 61.62% from the prior year.
- Short-term Investments came in at $5.3 million for Q1 2023 at 22nd Century, down from $18.2 million in the prior quarter.
- In the past five years, Short-term Investments ranged from a high of $60.3 million in Q2 2021 to a low of $5.3 million in Q1 2023.
- The 5-year median for Short-term Investments is $37.0 million (2022), against an average of $35.5 million.
- Across the five-year window, Short-term Investments surged 122.4% in 2021 and tumbled 85.76% in 2023, its largest moves.
- 22nd Century's Short-term Investments stood at $38.5 million in 2019, then tumbled by 44.61% to $21.3 million in 2020, then surged 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.
- The last three Short-term Investments figures came in at $5.3 million (Q1 2023), $18.2 million (Q4 2022), and $41.4 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 |
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 |