Sound (SOGP) Debt Ratio (2019 - 2024)

Sound (SOGP) posted quarterly Debt Ratio of 0.01 for Q4 2024, down 33.48% 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 5 consecutive years, with 0.01 the latest figure, recorded in Q4 2024.

In Q4 2024, Debt Ratio changed N/A year-over-year to 0.01; the TTM figure through Dec 2024 stood at 0.01 (changed N/A YoY), while the FY2024 annual figure was 0.01, changed N/A from the prior year.
Debt Ratio slipped to 0.01 in Q4 2024 per SOGP's latest filing, from 0.02 in the prior quarter.
Across five years, Debt Ratio topped out at 10242.03 in Q3 2023 and bottomed at 0.01 in Q2 2023.
Historically, Debt Ratio has averaged 640.19 across 5 years, with a median of 0.08 in 2020.
On a YoY basis, Debt Ratio climbed as much as 17404409.49% in 2023 and fell as far as 86.06% in 2023.
Sound's Debt Ratio stood at 0.09 in 2020, then advanced by 26.0% to 0.11 in 2021, then slipped by 11.47% to 0.1 in 2022, then soared by 10779084.87% to 10242.03 in 2023, then sank by 100.0% to 0.01 in 2024.
Business Quant data shows SOGP's Debt Ratio at 0.01 in Q4 2024, 0.02 in Q2 2024, and 10242.03 in Q3 2023.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Alphabet	4,083.83 Bn	3,654.79 Bn	73.85 Bn	0.11
2	Meta Platforms	1,456.07 Bn	1,365.81 Bn	49.47 Bn	0.19
3	Spotify Technology	111.71 Bn	104.79 Bn	1.86 Bn	-0.09
4	Nebius	50.03 Bn	40.93 Bn	448.70 Mn	0.31
5	Reddit	28.44 Bn	25.65 Bn	734.60 Mn	-
6	Bilibili	13.59 Bn	11.45 Bn	433.97 Mn	0.22
7	Tencent Music Entertainment	12.71 Bn	9.21 Bn	582.00 Mn	0.06
8	Pinterest	12.21 Bn	10.93 Bn	922.30 Mn	-
9	Match	9.45 Bn	8.86 Bn	648.84 Mn	0.88
10	Sound	5.56 Bn	5.56 Bn	-	-

Historic Data

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