Sound (SOGP) Debt Ratio (2020 - 2024)
Sound (SOGP) reported Debt Ratio of 0.01 for Q4 2024, down 85.49% quarter-over-quarter from 0.1 in Q4 2022.
Sound (SOGP) Debt Ratio (2020 - 2024) Analysis & Trends
Sound (SOGP) has 4 years of Debt Ratio data on file, last reported at 0.01 in Q4 2024.
- Debt Ratio for Q4 2024 came in at 0.01, changed N/A year-over-year; the trailing twelve-month figure through Dec 2024 was 0.01 (changed N/A YoY), and the FY2024 annual result was 0.01, changed N/A from the prior year.
- Debt Ratio declined to 0.01 in Q4 2024 per SOGP's latest filing, from 0.1 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.11 in Q4 2021 and troughed at 0.01 in Q4 2024.
- A 4-year average of 0.08 and a median of 0.09 in 2020 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2021 and 2022: Debt Ratio grew 26.0% in 2021, then retreated 11.47% in 2022.
- A 4-year view of Debt Ratio shows it stood at 0.09 in 2020, then gained by 26.0% to 0.11 in 2021, then decreased by 11.47% to 0.1 in 2022, then slumped by 85.49% to 0.01 in 2024.
- Business Quant data shows SOGP's Debt Ratio at 0.01 in Q4 2024, 0.1 in Q4 2022, and 0.11 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | 0.38 |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | 0.11 |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | 0.15 |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | 0.00 |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | - | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | - |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | 0.90 |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | 0.47 |
| 10 | Sound | 1.60 Bn | 1.50 Bn | 73.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.01 |
| Dec 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.11 |
| Dec 31, 2020 | 0.09 |