Sound (SOGP) Debt Ratio (2019 - 2024)
Sound's (SOGP) quarterly Debt Ratio came in at 0.01 in Q4 2024, down 33.74% quarter-over-quarter from 0.02 in Q2 2024.
Analysis
Sound (SOGP) Debt Ratio (2019 - 2024) Analysis & Trends
Sound (SOGP) has reported Debt Ratio for 6 consecutive years, with 0.01 the latest figure, recorded in Q4 2024.
- On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.01 in Q4 2024; TTM through Dec 2024 was 0.01, a N/A change from a year earlier, with the FY2024 full-year figure at 0.01, changed N/A from the prior year.
- Debt Ratio was 0.01 for Q4 2024 at Sound, down from 0.02 in the prior quarter.
- Over five years, Debt Ratio peaked at 148.85 in Q4 2020 and troughed at 0.01 in Q2 2023.
- A 5-year average of 8.82 and a median of 0.07 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio plunged 99.93% in 2021 and jumped 120.22% in 2024, its largest moves.
- Over 5 years, Debt Ratio stood at 148.85 in 2020, then sank by 99.93% to 0.11 in 2021, then retreated by 11.47% to 0.1 in 2022, then tumbled by 89.13% to 0.01 in 2023, then jumped by 33.44% to 0.01 in 2024.
- The last three Debt Ratio figures came in at 0.01 (Q4 2024), 0.02 (Q2 2024), and 0.01 (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Meta Platforms | 1,696.33 Bn | 1,606.07 Bn | 49.47 Bn | 0.19 |
| 2 | 29.01 Bn | 26.23 Bn | 734.60 Mn | - | |
| 3 | Bilibili | 12.48 Bn | 10.34 Bn | 433.97 Mn | 0.22 |
| 4 | 10.51 Bn | 9.24 Bn | 922.30 Mn | - | |
| 5 | Match | 9.93 Bn | 9.35 Bn | 648.84 Mn | 0.88 |
| 6 | Snap | 9.56 Bn | 6.90 Bn | 931.11 Mn | 0.51 |
| 7 | Rum | 5.38 Bn | 5.26 Bn | - | 0.17 |
| 8 | Sound | 4.72 Bn | 4.61 Bn | - | - |
| 9 | Joyy | 4.14 Bn | 3.82 Bn | 201.60 Mn | 0.01 |
| 10 | Grindr | 2.68 Bn | 2.67 Bn | 103.57 Mn | 0.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.01 |
| Jun 30, 2024 | 0.02 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.07 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.09 |
| Jun 30, 2021 | 0.06 |
| Mar 31, 2021 | 0.09 |
| Dec 31, 2020 | 148.85 |
| Sep 30, 2020 | 0.10 |
| Jun 30, 2020 | 0.11 |
| Mar 31, 2020 | 0.05 |
| Dec 31, 2019 | 280.83 |