Serve Robotics (SERV) Debt Ratio (2022 - 2024)
Serve Robotics (SERV) reported Debt Ratio of 0.35 for Q1 2024, up 325.67% quarter-over-quarter from 0.08 in Q4 2023.
Serve Robotics (SERV) Debt Ratio (2022 - 2024) Analysis & Trends
Serve Robotics has reported Debt Ratio for 3 years, with the latest figure at 0.35 in Q1 2024.
- For the quarter ending Q1 2024, Debt Ratio changed N/A year-over-year to 0.35; the trailing twelve-month figure through Mar 2024 stood at 0.35 (changed N/A YoY), and the FY2023 full-year result was 0.08, down 42.08% from the prior year.
- Debt Ratio for Q1 2024 stood at 0.35, up from 0.08 in the prior quarter.
- The five-year high for Debt Ratio was 0.35 in Q1 2024, with the low at 0.06 in Q3 2023.
- Historically, Debt Ratio has averaged 0.16 across 3 years, with a median of 0.11 in 2023.
- The largest YoY upside for Debt Ratio was 42.08% in 2023 against a maximum downside of 42.08% in 2023.
- Serve Robotics' Debt Ratio stood at 0.14 in 2022, then slumped by 42.08% to 0.08 in 2023, then surged by 325.67% to 0.35 in 2024.
- The last three Debt Ratio figures came in at 0.35 (Q1 2024), 0.08 (Q4 2023), and 0.06 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.04 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 0.33 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.24 |
| 10 | Serve Robotics | 583.60 Mn | 583.60 Mn | -9.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.06 |
| Dec 31, 2022 | 0.14 |