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

Serve Robotics' (SERV) quarterly Debt Ratio came in at 1.07 in 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 (SERV) has 3 years of Debt Ratio data on file, last reported at 1.07 in 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 rose to 1.07 in Q1 2024, from 0.08 in the prior quarter.
In the past five years, Debt Ratio ranged from a high of 1.07 in Q1 2024 to a low of 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.
The widest YoY moves for Debt Ratio: up 42.08% in 2023, down 42.08% in 2023.
Tracing SERV's Debt Ratio over 3 years: stood at 0.14 in 2022, then slumped by 42.08% to 0.08 in 2023, then jumped by 1204.86% to 1.07 in 2024.
The last three Debt Ratio figures came in at 1.07 (Q1 2024), 0.08 (Q4 2023), and 0.06 (Q3 2023), per Business Quant data.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	GE Vernova	259.11 Bn	245.99 Bn	2.36 Bn	0.03
2	Eaton	163.73 Bn	163.03 Bn	2.86 Bn	0.37
3	Parker-Hannifin	125.85 Bn	125.37 Bn	2.02 Bn	0.31
4	Emerson Electric	87.22 Bn	85.04 Bn	2.66 Bn	0.31
5	Cummins	81.34 Bn	76.67 Bn	2.47 Bn	0.19
6	Illinois Tool Works	80.86 Bn	80.02 Bn	1.90 Bn	0.59
7	Ametek	54.73 Bn	54.23 Bn	735.04 Mn	0.12
8	Rockwell Automation	48.51 Bn	48.03 Bn	1.14 Bn	0.29
9	Ingersoll Rand	31.46 Bn	30.28 Bn	862.60 Mn	0.26
10	Serve Robotics	403.56 Mn	403.56 Mn	-8.78 Mn	-

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