22nd Century (XXII) Short-term Investments (2017 - 2023)
22nd Century (XXII) reported Short-term Investments of $5.3 million for Q1 2023, down 85.76% on a YoY basis from $37.0 million in Q1 2022, and down 71.01% sequentially from $18.2 million in Q4 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.
- For the quarter ending Q1 2023, Short-term Investments fell 85.76% year-over-year to $5.3 million; the trailing twelve-month figure through Mar 2023 stood at $5.3 million (down 85.76% YoY), and the FY2022 full-year result was $18.2 million, down 61.62% from the prior year.
- Short-term Investments fell to $5.3 million in Q1 2023, 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.
- 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.
- Across the five-year window, Short-term Investments surged 122.4% in 2021 and sank 85.76% in 2023, its largest moves.
- Tracing XXII's Short-term Investments over 5 years: stood at $38.5 million in 2019, then plunged by 44.61% to $21.3 million in 2020, then jumped 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 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 |
| 10 | 22nd Century | 127,253.93 | -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 |