Serve Robotics (SERV) Total Debt (2020 - 2024)
Serve Robotics' (SERV) quarterly Total Debt came in at $750000.0 in Q2 2024, up 395.05% on a YoY basis from $151500.0 in Q3 2023, and down 87.61% quarter-over-quarter from $6.1 million in Q1 2024.
Analysis
Serve Robotics (SERV) Total Debt (2020 - 2024) Analysis & Trends
Serve Robotics (SERV) has reported Total Debt for 5 consecutive years, with $750000.0 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Total Debt rose 395.05% year-over-year to $750000.0; the trailing twelve-month figure through Jun 2024 stood at $750000.0 (up 395.05% YoY), and the FY2023 full-year result was $1.2 million, down 44.42% from the prior year.
- Total Debt slipped to $750000.0 in Q2 2024 per SERV's latest filing, from $6.1 million in the prior quarter.
- Across five years, Total Debt topped out at $6.1 million in Q1 2024 and bottomed at $22500.0 in Q4 2020.
- Historically, Total Debt has averaged $887860.1 across 5 years, with a median of $117720.0 in 2022.
- The sharpest annual moves came in 2023 and 2024: Total Debt slumped 44.42% in 2023, then soared 4503.33% in 2024.
- Over 5 years, Total Debt stood at $22500.0 in 2020, then soared by 188.71% to $64960.0 in 2021, then soared by 3309.17% to $2.2 million in 2022, then plunged by 44.42% to $1.2 million in 2023, then sank by 39.07% to $750000.0 in 2024.
- According to Business Quant data, Total Debt over the past three periods registered $750000.0, $6.1 million, and $1.2 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Richtech Robotics | 364.52 Mn | 364.52 Mn | 802,000.00 | 102,000.00 |
| 2 | Securetech Innovations | 358.93 Mn | 358.93 Mn | - | 199,564.00 |
| 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 | 29.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 750,000.00 |
| Mar 31, 2024 | 6.05 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 1.48 Mn |
| Jun 30, 2023 | 151,500.00 |
| Mar 31, 2023 | 131,500.00 |
| Dec 31, 2022 | 2.21 Mn |
| Sep 30, 2022 | 103,940.00 |
| Mar 31, 2022 | 74,940.00 |
| Dec 31, 2021 | 64,960.00 |
| Sep 30, 2021 | 64,960.00 |
| Jun 30, 2021 | 54,980.00 |
| Mar 31, 2021 | 35,000.00 |
| Dec 31, 2020 | 22,500.00 |