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 299.46 Bn 290.43 Bn 1.78 Bn 0.04
2 Eaton 164.06 Bn 163.35 Bn 2.65 Bn 0.38
3 Parker-Hannifin 120.65 Bn 120.18 Bn 2.02 Bn 0.31
4 Cummins 98.98 Bn 96.25 Bn 2.24 Bn 0.20
5 Emerson Electric 84.75 Bn 82.97 Bn 2.42 Bn 0.32
6 Illinois Tool Works 76.17 Bn 75.34 Bn 1.76 Bn 0.56
7 Ametek 54.28 Bn 53.79 Bn 717.56 Mn 0.13
8 Rockwell Automation 53.18 Bn 52.81 Bn 1.13 Bn 0.33
9 Ingersoll Rand 30.53 Bn 29.32 Bn 792.40 Mn 0.26
10 Serve Robotics 526.74 Mn 526.74 Mn -9.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 0.35
Dec 31, 2023 0.08
Sep 30, 2023 0.06
Dec 31, 2022 0.14