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| Date | Value |
|---|---|
| Mar 31, 2024 | 1.07 |
| Dec 31, 2023 | 0.08 |
| Sep 30, 2023 | 0.06 |
| Dec 31, 2022 | 0.14 |