22nd Century (XXII) Short-term Investments (2017 - 2023)
22nd Century (XXII) recorded Short-term Investments of $5.28 million in Q1 2023, down 85.8% from $37.04 million a year earlier and down 71.0% from the prior quarter.
22nd Century (XXII) Short-term Investments (2017 - 2023) Analysis & Trends
At the end of FY2022, 22nd Century reported Short-term Investments of $18.19 million, down 61.6% from FY2021.
- Annual Short-term Investments has a five-year compound annual growth rate of -21.0% (FY2017 to FY2022).
- Across earlier years, Short-term Investments came in at $47.4 million in FY2021 (+122.4%), $21.31 million in FY2020 (-44.6%), $38.48 million in FY2019 (-31.0%) and $55.75 million in FY2018 (-5.5%).
- The Q1 2023 figure is the lowest quarterly Short-term Investments in data going back to Q4 2017.
- On a year-over-year basis, Short-term Investments has declined for four consecutive quarters, with growth averaging 17.8% over the last eight quarters.
- Peak year-over-year performance for Short-term Investments in the last five years was growth of 122.4% in Q4 2021, against a decline of 85.8% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $18.19 million (Q4 2022), $41.36 million (Q3 2022) and $23.57 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn |
| 10 | 22nd Century | 5,123.36 | -24.86 Mn | -293,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 71,000.00 |
| Jun 30, 2023 | 71,000.00 |
| 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 |
22nd Century Short-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=short-term-investments&ticker=XXII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-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=short-term-investments&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();