Serve Robotics (SERV) Debt Ratio (2022 - 2024)

Serve Robotics (SERV) posted Debt Ratio of 1.07 for Q1 2024, up 1204.86% on a QoQ basis from 0.08 in Q4 2023.

Serve Robotics (SERV) Debt Ratio (2022 - 2024) Analysis & Trends

Serve Robotics' Debt Ratio history runs 3 years deep, the most recent figure standing at 1.07 for Q1 2024.

  • Quarterly Debt Ratio changed N/A year-over-year to 1.07 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 1.07 (changed N/A YoY) and the FY2023 annual result came in at 0.08, down 42.08% from the prior year.
  • Debt Ratio was 1.07 for Q1 2024 at Serve Robotics, up from 0.08 in the prior quarter.
  • Across five years, Debt Ratio topped out at 1.07 in Q1 2024 and bottomed at 0.06 in Q3 2023.
  • A 3-year average of 0.34 and a median of 0.11 in 2023 frame the typical range for Debt Ratio.
  • Peak annual rise in Debt Ratio reached 42.08% in 2023, while the deepest fall reached 42.08% in 2023.
  • Serve Robotics' Debt Ratio stood at 0.14 in 2022, then plunged by 42.08% to 0.08 in 2023, then soared by 1204.86% to 1.07 in 2024.
  • Business Quant data shows SERV's Debt Ratio at 1.07 in Q1 2024, 0.08 in Q4 2023, and 0.06 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 0.03
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 0.38
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 0.31
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 0.20
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 0.32
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 0.56
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 0.13
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 0.33
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 0.26
10 Serve Robotics 367.86 Mn 367.86 Mn -9.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 1.07
Dec 31, 2023 0.08
Sep 30, 2023 0.06
Dec 31, 2022 0.14