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 (XXII) has 7 years of Short-term Investments data on file, last reported 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.
- The five-year high for Short-term Investments was $60.3 million in Q2 2021, with the low at $5.3 million in Q1 2023.
- Average Short-term Investments over 5 years is $35.5 million, with a median of $37.0 million recorded in 2022.
- Year-over-year, Short-term Investments soared 122.4% in 2021 and sank 85.76% in 2023.
- 22nd Century's Short-term Investments stood at $38.5 million in 2019, then plunged by 44.61% to $21.3 million in 2020, then surged by 122.4% to $47.4 million in 2021, then sank by 61.62% to $18.2 million in 2022, then sank by 71.01% to $5.3 million in 2023.
- Business Quant data shows XXII's Short-term Investments at $5.3 million in Q1 2023, $18.2 million in Q4 2022, and $41.4 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 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 |