Serve Robotics (SERV) Debt to Equity (2022 - 2024)
Serve Robotics (SERV) reported Debt to Equity of -$0.17 for Q1 2024, down 195.37% quarter-over-quarter from -$0.06 in Q4 2023.
Serve Robotics (SERV) Debt to Equity (2022 - 2024) Analysis & Trends
Serve Robotics has reported Debt to Equity for 3 years, with the latest figure at -$0.17 in Q1 2024.
- For the quarter ending Q1 2024, Debt to Equity changed N/A year-over-year to -$0.17; the trailing twelve-month figure through Mar 2024 stood at -$0.17 (changed N/A YoY), and the FY2023 full-year result was -$0.06, up 41.31% from the prior year.
- Debt to Equity for Q1 2024 stood at -$0.17, down from -$0.06 in the prior quarter.
- The five-year high for Debt to Equity was $0.2 in Q3 2023, with the low at -$0.17 in Q1 2024.
- Historically, Debt to Equity has averaged -$0.03 across 3 years, with a median of -$0.08 in 2023.
- The largest YoY upside for Debt to Equity was 41.31% in 2023 against a maximum downside of 41.31% in 2023.
- Serve Robotics' Debt to Equity stood at -$0.1 in 2022, then surged by 41.31% to -$0.06 in 2023, then slumped by 195.37% to -$0.17 in 2024.
- The last three Debt to Equity figures came in at -$0.17 (Q1 2024), -$0.06 (Q4 2023), and $0.2 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.19 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.07 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.66 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 0.51 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 0.66 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 2.83 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.20 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.03 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.44 |
| 10 | Serve Robotics | 583.60 Mn | 583.60 Mn | -9.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -0.17 |
| Dec 31, 2023 | -0.06 |
| Sep 30, 2023 | 0.20 |
| Dec 31, 2022 | -0.10 |