Serve Robotics (SERV) Debt Ratio (2020 - 2024)
Serve Robotics' (SERV) quarterly Debt Ratio came in at 0.02 in Q2 2024, down 99.86% on a YoY basis from 16.4 in Q3 2023, and down 98.39% quarter-over-quarter from 1.42 in Q1 2024.
Analysis
Serve Robotics (SERV) Debt Ratio (2020 - 2024) Analysis & Trends
Serve Robotics (SERV) has reported Debt Ratio for 5 consecutive years, with 0.02 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Debt Ratio fell 99.86% year-over-year to 0.02; the trailing twelve-month figure through Jun 2024 stood at 0.02 (down 99.86% YoY), and the FY2023 full-year result was 0.44, up 69.33% from the prior year.
- Debt Ratio fell to 0.02 in Q2 2024 per SERV's latest filing, from 1.42 in the prior quarter.
- Across five years, Debt Ratio topped out at 239.7 in Q4 2021 and bottomed at 0.02 in Q2 2024.
- Historically, Debt Ratio has averaged 33.13 across 5 years, with a median of 6.92 in 2021.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio surged 9954.82% in 2021, then tumbled 99.89% in 2022.
- Over 5 years, Debt Ratio stood at 2.38 in 2020, then soared by 9954.82% to 239.7 in 2021, then sank by 99.89% to 0.26 in 2022, then soared by 69.33% to 0.44 in 2023, then sank by 94.78% to 0.02 in 2024.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 1.42, and 0.44 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Richtech Robotics | 364.52 Mn | 364.52 Mn | 802,000.00 | 0.00 |
| 2 | Securetech Innovations | 358.93 Mn | 358.93 Mn | - | - |
| 3 | Serve Robotics | 354.17 Mn | 354.17 Mn | -8.78 Mn | - |
| 4 | Palladyne AI | 258.91 Mn | 215.16 Mn | 1.68 Mn | - |
| 5 | VenHub Global | 72.49 Mn | 69.92 Mn | -212,630.00 | - |
| 6 | NightFood Holdings | 8.03 Mn | 8.03 Mn | 1.98 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 1.42 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 16.40 |
| Mar 31, 2023 | 10.63 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 81.97 |
| Mar 31, 2022 | 86.84 |
| Dec 31, 2021 | 239.70 |
| Sep 30, 2021 | 9.73 |
| Jun 30, 2021 | 5.54 |
| Mar 31, 2021 | 8.29 |
| Dec 31, 2020 | 2.38 |